# EDGAR Filing Document

**Accession Number:** 0001697970
**File Stem:** 0001999371-25-019688
**Filing Date:** 2025-12
**Character Count:** 2095629
**Document Hash:** ddeb363fa950ea96f35eb884c43af1cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-019688.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0001999371-25-019688

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

**PUBLIC DOCUMENT COUNT**: 70

**CONFORMED PERIOD OF REPORT**: 20251205

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

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Oak Mortgage Trust I, LLC
- **CENTRAL INDEX KEY:** 0001697970

**ORGANIZATION NAME:**
- **EIN:** 816646854
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-03251
- **FILM NUMBER:** 251553983

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD, SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** 4046370412

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD, SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Oak Mortgage Trust I, LLC
- **CENTRAL INDEX KEY:** 0001697970

**ORGANIZATION NAME:**
- **EIN:** 816646854
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD, SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** 4046370412

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD, SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM ABS-15G**

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**ASSET-BACKED SECURITIZER REPORT**

Pursuant to Section 15G of

the Securities Exchange Act of 1934

**Angel Oak Mortgage Trust I, LLC**

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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):<u> </u>

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(Exact name of securitizer as specified in its charter)

------

(Commission File Number of securitizer) (Central Index Key Number of securitizer)

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

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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) ☐

☒ Rule
 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

**Angel Oak Mortgage Trust 2025-13**

------

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

Central Index Key Number of depositor: **0001697970**

Central Index Key Number of issuing entity (if applicable):

Central Index Key Number of underwriter (if applicable): ___

**Chase Eldredge, Secretary, (404) 751-2991**

Name and telephone number, including area code of the person

to contact in connection with this filing

**PART I – REPRESENTATION AND WARRANTY INFORMATION**

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

---

Not applicable.

---

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

---

Not Applicable.

---

| | |
|:---|:---|
| **Item 1.03** | **Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable.

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

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

---

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

---

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

---

Not Applicable.

**SIGNATURES**

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

---

| | |
|:---|:---|
| **Angel Oak Mortgage Trust I, LLC** | **Angel Oak Mortgage Trust I, LLC** |
| (Depositor) | (Depositor) |
| By: | /s/ Sreeniwas Prabhu |
| Name: | Sreeniwas Prabhu |
| Title: | Manager |

---

Date: December 5, 2025

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| [99.1](ex99-1.htm) | AMC Diligence, LLC ("AMC") Due Diligence Executive Summary |
| [99.2](ex99-2.htm) | AMC Valuation Summary |
| [99.3](ex99-3.htm) | AMC Exception Grades |
| [99.4](ex99-4.htm) | AMC Rating Agency Grades |
| [99.5](ex99-5.htm) | AMC Data Compare Summary |
| [99.6](ex99-6.htm) | AMC Data Compare |
| [99.7](ex99-7.htm) | Canopy Financial Technology Partners LLC ("Canopy") Narrative |
| [99.8](ex99-8.htm) | Canopy Rating Agency Grades Detail Report |
| [99.9](ex99-9.htm) | Canopy Rating Agency Grades Summary Report |
| [99.10](ex99-10.htm) | Canopy Valuation Report |
| [99.11](ex99-11.htm) | Canopy Data Compare Report |
| [99.12](ex99-12.htm) | Clarifii LLC ("Clarifii") Narrative |
| [99.13](ex99-13.htm) | Clarifii Rating Agency Grades Detail Report |
| [99.14](ex99-14.htm) | Clarifii Rating Agency Grades Summary Report |
| [99.15](ex99-15.htm) | Clarifii Data Compare Report |
| [99.16](ex99-16.htm) | Clarifii Valuation Report |
| [99.17](ex99-17.htm) | Clayton Services LLC ("Clayton") Due Diligence Narrative Report |
| [99.18](ex99-18.htm) | Clayton Loan Level Tape Compare |
| [99.19](ex99-19.htm) | Clayton Valuation Summary |
| [99.20](ex99-20.htm) | Clayton Loan Grades |
| [99.21](ex99-21.htm) | Clayton Conditions Detail |
| [99.22](ex99-22.htm) | Consolidated Analytics, Inc. ("Consolidated") Executive Summary |
| [99.23](ex99-23.htm) | Consolidated Due Diligence Report |
| [99.24](ex99-24.htm) | Consolidated Rating Agency Grades |
| [99.25](ex99-25.htm) | Consolidated Valuation Summary Report |
| [99.26](ex99-26.htm) | Consolidated Data Compare Report |
| [99.27](ex99-27.htm) | Covius Real Estate Services, LLC ("Covius") Executive Summary |
| [99.28](ex99-28.htm) | Covius Rating Agency Exceptions Matrix |
| [99.29](ex99-29.htm) | Covius Rating Agency Grades |
| [99.30](ex99-30.htm) | Covius Rating Agency Tape Compare |
| [99.31](ex99-31.htm) | Covius Rating Agency Valuation Report |
| [99.32](ex99-32.htm) | Incenter Diligence Solutions ("Incenter") Executive Summary |
| [99.33](ex99-33.htm) | Incenter Exception Report |
| [99.34](ex99-34.htm) | Incenter Rating Agency Grades Report |
| [99.35](ex99-35.htm) | Incenter Valuation Summary Report |
| [99.36](ex99-36.htm) | Incenter Tape Compare Report |
| [99.37](ex99-37.htm) | Infinity IPS, Inc. ("Infinity") Executive Summary |
| [99.38](ex99-38.htm) | Infinity Rating Agency Grades Detail (LauraMac) |
| [99.39](ex99-39.htm) | Infinity Rating Agency Grades Summary (LauraMac) |
| [99.40](ex99-40.htm) | Infinity Valuation Report (LauraMac) |
| [99.41](ex99-41.htm) | Infinity Data Compare Report (LauraMac) |
| [99.42](ex99-42.htm) | Infinity Rating Agency Grade (Scienna) |
| [99.43](ex99-43.htm) | Infinity Valuation Report (Scienna) |
| [99.44](ex99-44.htm) | Infinity Loan Level Exception Report (Scienna) |
| [99.45](ex99-45.htm) | Infinity Individual Exception Report (Scienna) |
| [99.46](ex99-46.htm) | Infinity Data Compare Report (Scienna) |
| [99.47](ex99-47.htm) | Inglet Blair, LLC ("IB") Executive Summary |
| [99.48](ex99-48.htm) | IB Exception Report |
| [99.49](ex99-49.htm) | IB Final Grading Summary |
| [99.50](ex99-50.htm) | IB Data Comparison |
| [99.51](ex99-51.htm) | IB Valuation Report |
| [99.52](ex99-52.htm) | IB Loan Summary |
| [99.53](ex99-53.htm) | Selene Diligence LLC ("Selene") Due Diligence Review Narrative |
| [99.54](ex99-54.htm) | Selene Standard Findings Report |
| [99.55](ex99-55.htm) | Selene Rating Agency Grades Summary Report |
| [99.56](ex99-56.htm) | Selene Valuation Report |
| [99.57](ex99-57.htm) | Selene Data Compare Report |

---

## Exhibit 99.1

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") acquired by Angel Oak Real Estate Investment Trust III (the "Client") through its correspondent flow business channel. The Review was conducted on Loans with origination dates from March 2025 to July 2025 via files imaged and provided by the Client or its designee for review. The Review included loans reviewed under the Credit and Compliance Scope (3 mortgage loans) and the Leases Review Scope (9 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Leases Review Scope) are together referred to as the Loans.

The securitization transaction referred to as the AOMT 2025-13 transaction (the "Current Securitization") has an aggregate loan population of 12. In total during the Review, AMC reviewed a total of 12 unique mortgage loans for inclusion in the securitization.

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

During the course of the securitization evaluation process, the Client may have removed loans that were reviewed by AMC from the securitization for paid-in-full mortgage loans or other items that were not disclosed to AMC. The final population of the Review covered 12 Loans totaling an aggregate original principal balance of approximately $5.345 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

Within this population there were 12 Loans that were reviewed by AMC to nationally recognized statistical rating organizations, NRSRO(s), standards for compliance, credit, and valuation (the "Residential Population").

**(3) 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.

**(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 Loan file as captured during the Review. The data integrity review was completed versus tapes as provided at the time of initial diligence or subsequently updated. As the securitization population includes loans from different periods of time and from differing transactions, not all data elements were provided to AMC on every loan within the securitization population. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Prepayment Terms |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Qualifying FICO | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Coborrower Qualifying FICO | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;Guarantor 1 First Name | &nbsp;&nbsp;Original PITIA | &nbsp;&nbsp;Total Cash-out |
| &nbsp;&nbsp;Guarantor 1 Last Name | &nbsp;&nbsp;Original Term | &nbsp;&nbsp;Zip |
| &nbsp;&nbsp;Guarantor 2 Last Name | &nbsp;&nbsp;Origination Channel |  |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;Originator Loan Designation |  |

---

Additional information about the data integrity review is included in Item 5 below.

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![](ex991001.jpg)

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

AMC's review was differentiated by the purpose of the loan in question and the guidelines for such loan origination

***<u>Residential Population</u>***

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

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

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

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

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

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by AMC. During the course of this review, AMC (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the DTI calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched, (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/eligible decision where required by the guidelines. However, all mortgage loans are manually underwritten with documentation requirements determined by the guidelines and not AUS findings.

**Occupancy Review:** 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.

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![](ex991001.jpg)

**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.

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.

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

With regard to the use of comparable properties, AMC'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.

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![](ex991001.jpg)

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

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

***<u>Residential Population</u>***

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.

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 loan's collateral that has been reviewed by AMC.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;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; and

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

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

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![](ex991001.jpg)

&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;

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

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

&nbsp;&nbsp;&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 loan file;

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

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

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

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

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

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

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

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

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

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

**(VI) Document Review**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 TIL;

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;b) <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 loan
 to a first time homebuyer that contains a negative amortization feature;

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

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

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&nbsp;&nbsp;&nbsp;&nbsp;d) <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;
 and

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

If a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, AMC 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, AMC then determines whether the loan is a Safe Harbor QM or Higher Priced QM by comparing the loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage.

The Review also includes determining, as applicable, whether a loan is a qualified mortgage as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.).

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

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

AMC 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, AMC will not review for compliance with the requirements of Appendix Q or General Ability to Repay.

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

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

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

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

**(XI) FIRREA Review**

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 comparables and adjustments were reasonable and that pictures were provided and were accurate.

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

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

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

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AMC has worked closely with the NRSROs and 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:

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

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

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

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

**(XIII) 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;▪ 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>LEASES REVIEW</u>**

**<u>DOCUMENT REVIEW</u>**

For each Loan, AMC will review the Loan File and verify whether the following documents, if applicable, are included in the file and if the data on these documents is consistent and logical: (a) initial application (1003), (b) credit report, (c) employment documentation, (d) asset documentation, (e) sales contract, (f) hazard and/or flood insurance policies, (g) appraisal, (h) title/preliminary title, (i) mortgage/deed of trust, (j) note, (k) certificate of business purpose / non-owner occupancy, (l) articles of incorporation, if applicable, (m) operating agreement, and (n) background check.

**<u>CREDIT REVIEW</u>**

The credit review focuses on the borrower's experience in property management, credit profile and adherence to guidelines. The borrower's assets are analyzed to determine there are sufficient funds for the required equity in the project. Conformity to applicable guidelines will all be assessed during the review. An income calculation will not be performed though the presence of income documentation if required by the guidelines will be noted.

**Credit Application:** For the Credit Application, AMC will verify whether (a) the application is signed by all listed borrowers, (b) the application is substantially filled out, (c) all known borrower-owned properties are disclosed on the Real Estate Owned section or attachments, and (d) borrower's property management/landlord experience.

**Credit Report:** AMC will verify (a) a credit report is present for each borrower, (b) note and research the Real Estate Owned and fraud alerts, (c) and gather data including (i) representative FICO, (ii) scores from Equifax, Experian, and Transunion (if available), (iii) verify that the public records listed are disclosed on the application and adequately explained and in compliance with guidelines, and (iv) the number and length of trade lines.

**Employment and Income:** AMC will determine whether applicable supporting employment and income documentation required by the guidelines, was present in the mortgage loan file and where possible, wasn't fraudulent.

**Borrowing Entity:** AMC will verify the borrowing entity, if not an individual, is properly documented. In addition, AMC will verify if the business entity is a US or foreign entity and if the individual signing the loan documentation has the appropriate authority. Distinction will be made between guarantors and principals, individuals and business entities.

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**Property income:** AMC will determine whether all applicable supporting documentation as required by the guidelines is present in the file. No traditional borrower DTI ratios will be calculated but instead a "Property DTI" will be calculated per guidelines using the lease or expected lease amount and the property expenses. Documentation verifying property income may include: (a) leases and monthly rental income, (b) property vacancy, (c) balance sheets / financial statements, and (d) an appraisal analysis of market rents.

**Valuation Review:** AMC's review will include 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 will include verifying the appraisal report was (i) materially complete, (ii) in conformity with the guideline requirements for the property type in question, (iii) completed by an appraiser that was actively licensed to perform the valuation, (iv) 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, (iv) 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 will (i) review the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensure that such comparable properties are within standard appraisal guidelines; (ii) confirm the property value and square footage of the subject property was bracketed by comparable properties, (iii) verify that comparable properties used are similar in size, style, and location to the subject, and (iv) check for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of AMC's review include (i) verifying that the address matched the mortgage note, (ii) 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 (iii) confirming the appraiser noted an estimated lease amount to be used in instances where there is no lease in place.

**Asset Review:** AMC will assess whether the asset documentation required by the guidelines is present in the file. AMC will verify that assets presented support the required reserves. Documentation reviewed may include: (a) depository account statements, (b) stock or security account statements, (c) settlement statements or other evidence of conveyance and transfer of funds if a sale of assets was involved, and (d) operating accounts from other properties.

**Insurance:** AMC will (a) look for the presence of rent loss insurance as required by the guidelines, (b) verify that hazard insurance meets the minimum required amount of coverage in the guidelines, (c) confirm that the flood cert is for the correct borrower, property, lender and loan number, and (d) for properties in a flood zone per the flood cert, confirm that flood insurance meets guideline requirements in the file and meets the minimum required amount of coverage.

**Title:** AMC will verify whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower. AMC will also review the Title Commitment for the disclosure 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; and environmental liens. Review for instances of delinquent taxes (non-liens). In addition, AMC will review for Oil, Gas, Water or Mineral rights.

**Fraud / Criminal Background:** To the extent potentially fraudulent activity is identified as part of the document review, such information will be reported to Client. In addition, AMC will look for an independent, third party fraud report and background check 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.

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

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

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**(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.

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the Form ABS Due Diligence-15E.

**COMPLIANCE RESULTS SUMMARY**

Note the nine (9) Leases were not assigned a Compliance grade. Of the remaining three (3) loans reviewed for compliance, all three (3) loans (100%) subjected to a compliance review received an "A" or "B" Compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Compliance Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;9 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;12 | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

Within the securitization population, all twelve (12) Loans (100.00%) possessed an "A" Credit grade.

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![](ex991001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

Within the securitization population, 100.00% of the Loans possessed an "A" Property grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** |

---

**OVERALL RESULTS SUMMARY**

After considering the grading implications of the Compliance, Credit, and Property/Valuation sections above, 100.00% of the Loans by number in the pool possessed a NRSRO grade of "A", or "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the twelve Loans reviewed, there were 64 different tape discrepancies across 20 data fields. As discussed above, there were 40 data fields included in the tape integrity review. Not all data fields would have been provided on all Loans within the securitization population. Please note that Investor: Qualifying Total Debt Ratios where the variance was less than 200 basis points were excluded as deltas.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;6 | &nbsp;&nbsp;12 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Borrower Qualifying FICO | &nbsp;&nbsp;7 | &nbsp;&nbsp;10 | &nbsp;&nbsp;70.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Coborrower Qualifying FICO | &nbsp;&nbsp;5 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;12 |

---

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![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Guarantor 1 First Name | &nbsp;&nbsp;5 | &nbsp;&nbsp;8 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Guarantor 1 Last Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;9 | &nbsp;&nbsp;44.44% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Guarantor 2 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;8 | &nbsp;&nbsp;9 | &nbsp;&nbsp;88.89% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;12 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;12 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original PITIA | &nbsp;&nbsp;3 | &nbsp;&nbsp;9 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;9 | &nbsp;&nbsp;11 | &nbsp;&nbsp;81.82% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Origination Channel | &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Originator Loan Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Terms | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;8 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**64** | &nbsp;&nbsp;**312** | &nbsp;&nbsp;**20.51%** | &nbsp;&nbsp;**12** |

---

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY\***

\*Some tables may not add to 100% due to rounding

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$5345275.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &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;12 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$5345275.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &nbsp;&nbsp;**100.00%** |

---

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![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;4 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$1609000.00 | &nbsp;&nbsp;30.10% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;7 | &nbsp;&nbsp;58.33% | &nbsp;&nbsp;$3547275.00 | &nbsp;&nbsp;66.36% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$189000.00 | &nbsp;&nbsp;3.54% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &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;8.33% | &nbsp;&nbsp;$1221875.00 | &nbsp;&nbsp;22.86% |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;11 | &nbsp;&nbsp;91.67% | &nbsp;&nbsp;$4123400.00 | &nbsp;&nbsp;77.14% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &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;6 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$2704375.00 | &nbsp;&nbsp;50.59% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;4 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$1687900.00 | &nbsp;&nbsp;31.58% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$297000.00 | &nbsp;&nbsp;5.56% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$656000.00 | &nbsp;&nbsp;12.27% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &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;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$2166875.00 | &nbsp;&nbsp;40.54% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;9 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;$3178400.00 | &nbsp;&nbsp;59.46% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Profile** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Full Credit/Compliance | &nbsp;&nbsp;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$2166875.00 | &nbsp;&nbsp;40.54% |
| &nbsp;&nbsp;Leases | &nbsp;&nbsp;9 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;$3178400.00 | &nbsp;&nbsp;59.46% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5345275.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.2

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXX | 2025130504 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| XXX | 2025130366 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130364 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130365 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130361 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130360 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130358 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130668 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXX | 2025130359 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130362 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130363 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |

---

## Exhibit 99.3

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Exception Grades** | **Exception Grades** | **Exception Grades** | **Exception Grades** | **Exception Grades** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | 2025130504 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | Check Loan Designation Match - XXX Risk | Ability to Repay (XXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of XXX Risk. | Loan Designation discrepancy due to insufficient reserves. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): See acct statement for emd clearing | XXX XXX |  |  | 1 B A C | XXX | XXX | XXX | XXX | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | No |
| XXX | 2025130504 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (XXX): Based on the loan failing one or more guideline components, the loan is at XXX risk. | The loan is at XXX risk due to insufficient reserves. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): See acct statement for emd clearing | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130504 | XXX |  | XXX | XXX | XXX | Credit | Credit | XXX Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXX is less than Guideline PITIA months reserves of XXX. | Calculated PITIA months reserves of XXX is less than Guideline PITIA months reserves of XXX. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): See acct statement for emd clearing | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130364 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  |  |  |  | Reviewer Comment (XXX): Purchase contract provided.<br>Buyer Comment (XXX): Purchase contract was in the file. re-uploaded. | XXX XXX |  |  | 1 D A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130360 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: XXX not provided |  | The XXX in the file is for a different property. |  |  |  | Reviewer Comment (XXX): Received subject property XXX<br>Buyer Comment (XXX): insurance documents uploaded | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A |  | N/A | No |
| XXX | 2025130360 | XXX |  | XXX | XXX | XXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Judgments / Balance: XXX | The background check for the guarantor, XXX, reflects a judgment in the amount of $XXX that appears to be open and unresolved. The file does not contain any documentation to address the judgment. |  |  |  | Reviewer Comment (XXX): Received evidence of lien release<br>Buyer Comment (XXX): tax lien release uploaded | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A |  | N/A | No |
| XXX | 2025130359 | XXX |  | XXX | XXX | XXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | Valuation Type: Appraisal / Valuation Report Date: XXX | The appraisal provided is dated XXX which is more than XXX days prior to the note date of XXX. |  |  |  | Reviewer Comment (XXX): Updated XXX provided.<br>Buyer Comment (XXX): XXX - Appraisal update uploaded | XXX XXX |  |  | 1 A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130359 | XXX |  | XXX | XXX | XXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | The file is missing the appraisal report. |  |  |  | Reviewer Comment (XXX): Appraisal provided.<br>Buyer Comment (XXX): Valuation and secondary valuation uploaded | XXX XXX |  |  | 1 D A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130359 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | XXX Issue: Property is located in a XXX area and has not been inspected. | XXX Name: XXX, XXX & XXX<br> XXX Declaration Date: XXX<br> XXX End Date: XXX | The subject property is located in a XXX. A XXX inspection verifying there was no damage to the subject property is required. |  |  |  | Reviewer Comment (XXX): Appraisal provided.<br>Buyer Comment (XXX): Valuation and secondary valuation uploaded | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130359 | XXX |  | XXX | XXX | XXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: XXX | Note Date: XXX; Lien Position: XXX | The file is missing the appraisal report. |  |  |  | Reviewer Comment (XXX): Appraisal provided.<br>Buyer Comment (XXX): Valuation and secondary valuation uploaded | XXX XXX |  |  | 1 D A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130363 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: XXX / Sales Contract not provided |  |  |  |  |  | Reviewer Comment (XXX): Purchase contract provided.<br>Buyer Comment (XXX): Purchase contract uploaded | XXX XXX |  |  | 1 D A | XXX | XXX | XXX | XXX | D A |  | N/A | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Credit | Legal / Regulatory / Compliance | XXX / Lien Defect | XXX | XXX is Preliminary or Commitment, and not a XXX. | XXX Evidence: Commitment |  |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared. | XXX XXX |  |  | 1 A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXX is less than Cash From Borrower $XXX. | Missing evidence of access to business funds for closing. |  |  |  | Reviewer Comment (XXX): Received and associated CPA and XXX from borrower stating that use of business funds will not have a negative impact on the business. Sufficient assets for closing requirement verified. Exception cleared.<br>Buyer Comment (XXX): See docs provided<br>Reviewer Comment (XXX): Please Provide Cash flow analysis and XXX from borrower to verify no negative impact to business with use of business fund. Exception remains<br>Buyer Comment (XXX): XXX statement XXX<br>Buyer Comment (XXX): Letter verifying XXX% ownership<br>Buyer Comment (XXX): Transaction history for # XXX | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Credit | XXX | General | XXX | XXX Coverage is less than Original Loan Amount. | The XXX Amount of $XXX is less than the note amount of $XXX based on the Commitment in file. | The XXX report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the XXX or an addendum to the preliminary report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): XXX. Loan amount on page XXX. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXX Business Narrative | The file was missing a copy of Business Narrative. |  |  |  | Reviewer Comment (XXX): Received and associated business narrative document for XXX. Exception Cleared.<br>Buyer Comment (XXX): Business Narrative | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | Check Loan Designation Match - XXX Risk | Ability to Repay (XXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of XXX Risk. |  |  |  |  | Reviewer Comment (XXX): Received and associated business narrative document for XXX. Exception Cleared. | XXX XXX |  |  | 1 B A C | XXX | XXX | XXX | XXX | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (XXX): Based on the loan failing one or more guideline components, the loan is at XXX risk. | Missing business narrative, and evidence of access to business funds for closing. |  |  |  | Reviewer Comment (XXX): Received and associated business narrative document for XXX. Exception Cleared. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2025130399 | XXX |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Missing evidence of borrower's percentage of business ownership. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): Ownership percentage | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |

---

## Exhibit 99.4

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.4**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXX | 2025130504 | XXX |  | XXX | XXX C | C | A | C | A | A | A | A |  |
| XXX | 2025130366 | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| XXX | 2025130364 | XXX |  | XXX | XXX D |  | A | D | A |  | A | A |  |
| XXX | 2025130365 | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| XXX | 2025130361 | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| XXX | 2025130360 | XXX |  | XXX | XXX C |  | A | C | A |  | A | A |  |
| XXX | 2025130358 | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| XXX | 2025130668 | XXX |  | XXX | XXX A | A | A | A | A | A | A | A |  |
| XXX | 2025130359 | XXX |  | XXX | XXX D |  | D | D | A |  | A | A |  |
| XXX | 2025130362 | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| XXX | 2025130363 | XXX |  | XXX | XXX D |  | A | D | A |  | A | A |  |
| XXX | 2025130399 | XXX |  | XXX | XXX C | C | A | C | A | A | A | A |  |

---

## Exhibit 99.5

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.5**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| City | 1 | 11 | 9.09% | 12 |
| State | 1 | 11 | 9.09% | 12 |
| Zip | 1 | 12 | 8.33% | 12 |
| Original Loan Amount | 0 | 11 | 0.00% | 12 |
| First Payment Date | 0 | 11 | 0.00% | 12 |
| Original Term | 9 | 11 | 81.82% | 12 |
| Amortization Term | 6 | 12 | 50.00% | 12 |
| Maturity Date | 0 | 11 | 0.00% | 12 |
| Original Interest Rate | 0 | 11 | 0.00% | 12 |
| Amortization Type | 1 | 3 | 33.33% | 12 |
| Representative FICO | 0 | 2 | 0.00% | 12 |
| Property Type | 0 | 3 | 0.00% | 12 |
| Lien Position | 1 | 11 | 9.09% | 12 |
| Occupancy | 0 | 12 | 0.00% | 12 |
| Purpose | 0 | 12 | 0.00% | 12 |
| Appraised Value | 0 | 2 | 0.00% | 12 |
| Contract Sales Price | 1 | 2 | 50.00% | 12 |
| Original CLTV | 3 | 12 | 25.00% | 12 |
| Original LTV | 3 | 12 | 25.00% | 12 |
| Originator Loan Designation | 0 | 2 | 0.00% | 12 |
| Investor: Qualifying Total Debt Ratio | 0 | 3 | 0.00% | 12 |
| Guideline Name | 1 | 2 | 50.00% | 12 |
| Street | 0 | 9 | 0.00% | 12 |
| Borrower Last Name | 0 | 9 | 0.00% | 12 |
| Note Date | 8 | 9 | 88.89% | 12 |
| Original P&I | 0 | 9 | 0.00% | 12 |
| Borrower Qualifying FICO | 7 | 10 | 70.00% | 12 |
| Coborrower Qualifying FICO | 5 | 6 | 83.33% | 12 |
| # of Units | 0 | 9 | 0.00% | 12 |
| Prepayment Penalty Period (months) | 0 | 9 | 0.00% | 12 |
| Origination Channel | 1 | 9 | 11.11% | 12 |
| Prepayment Terms | 0 | 9 | 0.00% | 12 |
| Original PITIA | 3 | 9 | 33.33% | 12 |
| Total Cash-out | 0 | 3 | 0.00% | 12 |
| Guarantor 1 First Name | 5 | 8 | 62.50% | 12 |
| Guarantor 1 Last Name | 4 | 9 | 44.44% | 12 |
| Guarantor 2 Last Name | 1 | 6 | 16.67% | 12 |
| Subject Debt Service Coverage Ratio | 2 | 8 | 25.00% | 12 |
| Prepayment Penalty | 0 | 1 | 0.00% | 12 |
| Refi Purpose | 0 | 1 | 0.00% | 12 |
| **Total** | **64** | **312** | **20.51%** | **12** |

---

## Exhibit 99.6

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.6**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXX | 2025130504 | XXX |  |  | Guideline Name |  | XXX | Ignored | Field value reflects source document |
| XXX | 2025130504 | XXX |  |  | Contract Sales Price |  | XXX | Ignored | Unable to verify due to missing information |
| XXX | 2025130504 | XXX |  |  | Lien Position |  | XXX | Ignored | Field Value reflects Lien Position per the Note |
| XXX | 2025130504 | XXX |  |  | Amortization Type |  | XXX | Ignored | Field Value reflects Amortization Type per Note |
| XXX | 2025130504 | XXX |  |  | Original Term |  | XXX | Ignored | Field Value reflects the Note value |
| XXX | 2025130504 | XXX |  |  | Amortization Term |  | XXX | Ignored | Field Value reflects Amortization Term per Note |
| XXX | 2025130366 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130366 | XXX |  |  | Original Term |  | XXX | Ignored | Field Value reflects the Note value |
| XXX | 2025130366 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130366 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130364 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130364 | XXX |  |  | Original LTV | XXX | XXX |  |  |
| XXX | 2025130364 | XXX |  |  | Original CLTV | XXX | XXX |  |  |
| XXX | 2025130364 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130364 | XXX |  |  | Guarantor XXX First Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130364 | XXX |  |  | Original PITIA | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130364 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130364 | XXX |  |  | Original Term | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130364 | XXX |  |  | Amortization Term | XXX | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130364 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130365 | XXX |  |  | Original Term | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130365 | XXX |  |  | Amortization Term | XXX | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130365 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Ignored | Field value reflects source document |
| XXX | 2025130365 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130365 | XXX |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | The approval reflects XXX of $XXX was used to qualify the loan; however, the actual XXX is $XXX. |
| XXX | 2025130365 | XXX |  |  | Guarantor XXX First Name | XXX | XXX | Ignored | Field value reflects source document |
| XXX | 2025130365 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Ignored | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130365 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Ignored | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130365 | XXX |  |  | Original CLTV | XXX | XXX |  |  |
| XXX | 2025130365 | XXX |  |  | Original LTV | XXX | XXX |  |  |
| XXX | 2025130365 | XXX |  |  | Origination Channel | XXX | XXX | Ignored | Field Value reflects Broker per loan applications in file |
| XXX | 2025130365 | XXX |  |  | Original PITIA | XXX | XXX | Verified | Due to difference in XXX dues on approval and documented in file. |
| XXX | 2025130361 | XXX |  |  | Original Term | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130361 | XXX |  |  | Amortization Term | XXX | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130361 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130361 | XXX |  |  | Guarantor XXX First Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2025130360 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130360 | XXX |  |  | Guarantor XXX First Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130360 | XXX |  |  | Original PITIA | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130360 | XXX |  |  | Origination Channel | XXX | XXX | Verified | Field Value reflects Retail (Lender Originated) |
| XXX | 2025130360 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130360 | XXX |  |  | Original Term | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130360 | XXX |  |  | Amortization Term | XXX | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130360 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130360 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130358 | XXX |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | Due to rounding. |
| XXX | 2025130358 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130358 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130358 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130358 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130358 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130358 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130359 | XXX |  |  | State |  | XXX | Verified | Field Value reflects State per Note |
| XXX | 2025130359 | XXX |  |  | Guarantor XXX First Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2025130359 | XXX |  |  | City | XXX | XXX | Verified | Field Value reflects City per Note |
| XXX | 2025130359 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130359 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130359 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130359 | XXX |  |  | Zip |  | XXX | Verified | Field Value reflects Zip per Note |
| XXX | 2025130362 | XXX |  |  | Guarantor XXX Last Name | XXX |  | Ignored | Field value reflects source document |
| XXX | 2025130362 | XXX |  |  | Original LTV | XXX | XXX |  |  |
| XXX | 2025130362 | XXX |  |  | Original CLTV | XXX | XXX |  |  |
| XXX | 2025130362 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130362 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130362 | XXX |  |  | Borrower Last Name | XXX | XXX | Ignored | Field Value reflects Borrower name as it appears on the Note |
| XXX | 2025130363 | XXX |  |  | Borrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130363 | XXX |  |  | Guarantor XXX Last Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130363 | XXX |  |  | Original Term | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130363 | XXX |  |  | Amortization Term | XXX | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130363 | XXX |  |  | Coborrower Qualifying FICO | XXX |  | Verified | Field Value reflects mid score of all XXX scores or lower of XXX scores |
| XXX | 2025130363 | XXX |  |  | Guarantor XXX First Name | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2025130363 | XXX |  |  | Note Date | XXX | XXX | Verified | Field Value reflects Note Date per the Note |
| XXX | 2025130399 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2025130399 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2025130399 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2025130399 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2025130399 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2025130399 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |

---

## Exhibit 99.7

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.7**

![](ex997001.jpg)

**NARRATIVE**

**AOMT 2025-13**

**By Canopy Financial Technology Partners LLC on December 4, 2025**

Canopy Financial Technology Partners LLC

<u>cwheeler@canopytpr.com</u> \| 801-792-2995 \| <u>www.canopytpr.com</u>

Address: 1 Research Court, Suite 450, Rockville, MD 20850

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![](ex997001.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 Angel Oak Real Estate Investment Trust III (the "Client"). The Review was conducted from April to August 2025 via files imaged and provided by the Client for review.

The Review consisted of a population of thirteen (13) loan with an aggregate principal balance of $7,555,520.

**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 (NRSRO's); Fitch Ratings Inc. 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;Disbursement Date | &nbsp;&nbsp;No tolerance |
| &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 |

---

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

![](ex997001.jpg)

---

| | |
|:---|:---|
| &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% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Prepayment Penalty Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Primary Mortgage or Rent Times 120+ | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Monthly Property Tax Amount | &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;

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● First time home buyer status;

● The application was signed by all borrowers; and

● The application was substantially completed.

**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:

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![](ex997001.jpg)

● Borrower address history

● Subject property ownership history

● OFAC

**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):

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![](ex997001.jpg)

● Initial application (1003);

● 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

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![](ex997001.jpg)

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 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's 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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;iii. Copy of note for any junior liens (if 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;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;&nbsp;&nbsp;&nbsp;&nbsp;v. Initial, Interim, and Final 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;&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;&nbsp;&nbsp;&nbsp;&nbsp;vii. Notice of Right to Cancel (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;viii. Rate Lock Date 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;ix. HOEPA Disclosures (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;&nbsp;&nbsp;&nbsp;&nbsp;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;&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 of the Structured Finance Association (SFA) TRID
Compliance Review Scope ("TRID Grid 4.0");

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

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![](ex997001.jpg)

**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 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;&nbsp;&nbsp;&nbsp;&nbsp;i. Mandatory Arbitration – Canopy will report 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Single Premium Credit Insurance – Canopy 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

● 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)

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● 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.

● 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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● 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.

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.

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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.

● 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.

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● 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 a Desk Review, or other acceptable review product, was provided supporting the origination appraised value within a -10% variance and acceptable confidence score, no additional products were required.

● In the event a Desk Review yielded material exceptions or had a value exceeding a negative ten percent (-10%) variance, a field review or second appraisal 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 an AVM or Desk Review. If the CU Score was less than or equal to 2.5, no further review product 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 an AVM or Desk Review. If the FHLMC Rep & Warrant Relief indicator was Eligible, no further review product was required based on market acceptance of Agency Eligible Loans.

**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.

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

---

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

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| | |
|:---|:---|
|  | &nbsp;&nbsp;of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

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

---

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

---

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

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

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| | |
|:---|:---|
|  | &nbsp;&nbsp;exceeding published guidelines. The property is in below "average" condition, or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp; The file was missing the appraisal or there was not sufficient valuation documentation to perform a review.  |

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**FINDINGS SUMMARY**

**Summary Overview**

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 92.31% (12 loans) have an overall grade of "A", and one loan (1) has an overall grade of "B".

Canopy's review concluded a Credit grade of "A" for 92.31%, or twelve (12) mortgage loans reviewed, and one loan (1) has an overall grade of "B".

Canopy's review concluded a Compliance grade of "A" for 100.00%, or thirteen (13) mortgage loans reviewed, and zero loans (0) have an overall grade of "B".

Canopy's review concluded a Property/Valuation grade of "A" for 100.00%, or thirteen (13) mortgage loans reviewed, and zero loans (0) have an overall grade of "B".

**FINDINGS TABLE** 

**REVIEW TABLES**

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| | | |
|:---|:---|:---|
| &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;12 | &nbsp;&nbsp;92.31% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.69% |
| &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;**13** | &nbsp;&nbsp;**100.00%** |

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

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| | | |
|:---|:---|:---|
| &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;12 | &nbsp;&nbsp;92.31% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.69% |
| &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;**13** | &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;13 | &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;**13** | &nbsp;&nbsp;**100.00%** |
| &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;13 | &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;**13** | &nbsp;&nbsp;**100.00%** |

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**Additional Loan Summary Details**

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$7555520.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7555520.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$7555520.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7555520.00** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |

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

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| | | | |
|:---|:---|:---|:---|
| &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;1 | &nbsp;&nbsp;7.69% | &nbsp;&nbsp;$303750.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;15.38% | &nbsp;&nbsp;$478800.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;23.08% | &nbsp;&nbsp;$2349600.00 |
| &nbsp;&nbsp;Other Than First Time Home Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;30.77% | &nbsp;&nbsp;$2660370.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;3 | &nbsp;&nbsp;23.08% | &nbsp;&nbsp;$1763000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7555520.00** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;120 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &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;13 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$7555520.00 |
| &nbsp;&nbsp;421 - 480 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7555520.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;6 | &nbsp;&nbsp;46.15% | &nbsp;&nbsp;$5886400.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;7 | &nbsp;&nbsp;53.85% | &nbsp;&nbsp;$1669120.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$7555520.00** |

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**DATA COMPARISON RESULTS**

Of the thirteen (13) mortgage loan files reviewed, one (1) unique loan (7.69% by number) had one (1) tape comparison discrepancy across one data field.

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

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;13 | &nbsp;&nbsp;7.69% |

---

**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.*

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## Exhibit 99.8

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.8**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2025130673 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130400 |  | C A | Closed | XX | XXX | XXX | Resolved | 1 - Information C A | Credit | XXX | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. account was paid see statement - Buyer-XXX<br> Open-Property Title Issue Missing evidence of satisfaction of solid waste lien,(page XXX) not seen on XXX - Due Diligence Vendor-XXX |  | Resolved-Property Title Issue Resolved - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130503 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130670 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | Prepayment Penalty Information Unavailable | Resolved-Resolved-XXX-Prepayment Penalty XXX page received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prepayment Note Addendum Attached- Addendum is a XXX page document<br> Prepayment Deed Rider Attached- Also XXX page document - Buyer-XXX<br> Open-Prepayment Penalty XXX page is missing in loan file - Due Diligence Vendor-XXX |  | Resolved-Resolved-XXX-Prepayment Penalty XXX page received. - Due Diligence Vendor-XXX | Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points |  | XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130401 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130323 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc - XXX | Missing evidence of XXX | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Evidence of XXX Missing Validated - Due Diligence Vendor-XXX |  | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-XXX | Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130217 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX Missing | Resolved-XXX along with re-recording check provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See note addendum and rider and check to re-record. Thanks - Buyer-XXX<br> Open-Final CD shows Prepayment penalty XXX% for XXX years. There is no Prepayment Addendum to Note provided and no XXX to the Mortgage. - Due Diligence Vendor-XXX |  | Resolved-XXX along with re-recording check provided. - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points | XXX is missing | XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130217 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Insurance | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Flood Certificate Flood Certificate is Missing - Due Diligence Vendor-XXX |  | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130669 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130168 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130672 |  | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Exception granted with supporting comp factors: XXX% LTV Exception to XXX% for Rural Property<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached HB approved exceptions allowing for the XXX% LTV/CLTV - Buyer-XXX<br> Open-Audited CLTV of XXX% exceeds Guideline CLTV of XXX% As per Guidelines , Subject property is in rural , so maximum LTV/CLTV/HLTV allowed is XXX% . - Due Diligence Vendor-XXX |  | Waived-Exception granted with supporting comp factors: XXX% LTV Exception to XXX% for Rural Property<br> - Due Diligence Vendor-XXX | Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More | Self-employed XXX years<br> low DTI<br> XXX housing history | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Pre-Close | Yes | XXX |
| 2025130671 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130117 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130511 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |

---

## Exhibit 99.9

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.9**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025130673 |  |  | XXX A |
| 2025130400 |  |  | XXX C A |
| 2025130503 |  |  | XXX A |
| 2025130670 |  |  | XXX A D |
| 2025130401 |  |  | XXX A |
| 2025130323 |  |  | XXX A D |
| 2025130217 |  |  | XXX D A |
| 2025130669 |  |  | XXX A |
| 2025130168 |  |  | XXX A |
| 2025130672 |  |  | XXX C A B |
| 2025130671 |  |  | XXX A |
| 2025130117 |  |  | XXX A |
| 2025130511 |  |  | XXX A |

---

## Exhibit 99.10

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025130673 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130400 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130503 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2025130670 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130401 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX Eligible |  |  |
| 2025130323 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130217 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025130669 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0971 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -10% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130168 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX Eligible |  |  |
| 2025130672 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130671 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | 11% | 1004 URAR |  |  |  |  | XXX | XXX | 11% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130117 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX Eligible | 1 | XXX |
| 2025130511 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.11

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.11**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025130400 |  |  | Property Type | XXX | XXX |  |

---

## Exhibit 99.12

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.12**

![](ex9912001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-13**

**By Clarifii LLC on December 3, 2025**

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 1<br>

![](ex9912001.jpg)

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 515 Loans (the "Loans") originated by a correspondent lender and acquired by Angel Oak Real Estate Investment Trust III (the "Client") for the AOMT 2025-13 transaction. The Loans referenced in this narrative report were reviewed between 01/2024 to 10/2025 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the Loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;105 | &nbsp;&nbsp;20.39% | &nbsp;&nbsp;$49793823.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;132 | &nbsp;&nbsp;25.63% | &nbsp;&nbsp;$67814442.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;21 | &nbsp;&nbsp;4.08% | &nbsp;&nbsp;$7300486.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;257 | &nbsp;&nbsp;49.90% | &nbsp;&nbsp;$136614163.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

The Review consisted of a population of 515 Loans, with an aggregate principal balance of $261,522,914.00.

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

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

**LOAN SAMPLING**

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

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

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 2<br>

![](ex9912001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 1, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, December 7, 2023 |

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Lender Name |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Originator Doc Type |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &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;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |

---

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 3<br>

![](ex9912001.jpg)

**CREDIT UNDERWRITING**

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

● **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)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

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

– Installment and revolving payment history

– Mortgage/Rental payment history

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

– Number of tradelines

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– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in Loan file

● **Fraud Review** 

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

– Borrower identity

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

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

– Occupancy

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

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

– Employment

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

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

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

OFAC

● **Asset Review** 

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

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in Loan file

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

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

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

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

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

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

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

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**COMPLIANCE REVIEW**

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

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

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

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

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

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– Mortgage / Deed of Trust, including all riders

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

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

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

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

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

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

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

Confirmed compliance with the January 18, 2014, requirements regarding the disclosure of the right to receive a copy of appraisals within three (3) business days of application, the right to receive a copy of the appraisals at least three (3) business days prior to consummation and any applicable waiver. The disclosure of the right to receive a copy of appraisals was met by the disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

**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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

– 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.

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the Loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

**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.

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**ABILITY TO REPAY (ATR)**

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

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

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

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

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

**VALUATION REVIEW**

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

● **Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)** Clarifii checked for the presence of the appraiser's license and reviewed for the presence of any red flags related to the mortgaged property that may have posed a risk to the property or occupants.

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

● For Loans with a Freddie Mac Loan Collateral Advisor Score (LCA), if an LCA Score was available and the LCA Score was greater than 2.5, a Desk Review was either reviewed in the Loan file or ordered by Clarifii. If the LCA Score was less than or equal to 2.5, a Desk Review was not obtained/required based on market acceptance of UCDP Risk Score.

**VALUATION RESULTS SUMMARY**

The table below summarizes the Loans that contained independent third-party valuation product as well as Loans with acceptable UCDP Risk Scores:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score \*** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA and/or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;177 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;329 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

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---

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

---

**Credit Event Grade**

---

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

---

**Valuation Event Grade**

---

| | |
|:---|:---|
| **A** | The value is supported within 10% of the original appraisal by supporting documents (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used Government-Sponsored Enterprise (GSE) approved forms. |
| **B** | The value is not supported within 10% of the original appraisal by supporting documents and there are no other valuation support documents provided. The valuation methodology substantially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| **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. |

---

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 14<br>

![](ex9912001.jpg)

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;418 | &nbsp;&nbsp;81.17% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;97 | &nbsp;&nbsp;18.83% |
| &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;**515** | &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;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;435 | &nbsp;&nbsp;84.47% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;80 | &nbsp;&nbsp;15.53% |
| &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;**515** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 15<br>

![](ex9912001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;512 | &nbsp;&nbsp;99.42% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.58% |
| &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;**515** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;495 | &nbsp;&nbsp;96.12% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;20 | &nbsp;&nbsp;3.88% |
| &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;**515** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;4 | &nbsp;&nbsp;0.78% | &nbsp;&nbsp;$2795000.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;511 | &nbsp;&nbsp;99.22% | &nbsp;&nbsp;$258727914.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;165 | &nbsp;&nbsp;32.04% | &nbsp;&nbsp;$118049042.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;17 | &nbsp;&nbsp;3.30% | &nbsp;&nbsp;$8170461.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;333 | &nbsp;&nbsp;64.66% | &nbsp;&nbsp;$135303411.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;256 | &nbsp;&nbsp;49.71% | &nbsp;&nbsp;$114142423.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;259 | &nbsp;&nbsp;50.29% | &nbsp;&nbsp;$147380491.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |

---

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 16<br>

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;1 | &nbsp;&nbsp;508 | &nbsp;&nbsp;98.64% | &nbsp;&nbsp;$260037114.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;1.36% | &nbsp;&nbsp;$1485800.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;480 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.97% | &nbsp;&nbsp;$2978750.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;510 | &nbsp;&nbsp;99.03% | &nbsp;&nbsp;$258544164.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**515** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$261522914.00** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;2 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;14 | &nbsp;&nbsp;77.78% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;514 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;14 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;78 | &nbsp;&nbsp;189 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;3 | &nbsp;&nbsp;502 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;6 | &nbsp;&nbsp;510 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;18 | &nbsp;&nbsp;480 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;15 | &nbsp;&nbsp;505 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;7 | &nbsp;&nbsp;133 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;5 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;455 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;26 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;21 | &nbsp;&nbsp;513 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;8 | &nbsp;&nbsp;513 | &nbsp;&nbsp;95.91% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;124 | &nbsp;&nbsp;505 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;4 | &nbsp;&nbsp;162 | &nbsp;&nbsp;75.45% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;4 | &nbsp;&nbsp;512 | &nbsp;&nbsp;97.53% |

---

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 17<br>

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;45 | &nbsp;&nbsp;99.22% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;23 | &nbsp;&nbsp;356 | &nbsp;&nbsp;91.11% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;33 | &nbsp;&nbsp;362 | &nbsp;&nbsp;93.54% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;60 | &nbsp;&nbsp;194 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;237 | &nbsp;&nbsp;69.07% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;3 | &nbsp;&nbsp;491 | &nbsp;&nbsp;75.00% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

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

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

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

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and*

 

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 18<br>

![](ex9912001.jpg)

*the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance.*© 2025 Clarifii LLC. All rights reserved.

AOMT 2025-13 Due Diligence Narrative Report – PagE \| 19<br>

## Exhibit 99.13

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.13**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2025130524 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Client provided an exception and waiver for XXX FICO with min required of XXX, with compensating factor. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception XXX Fico Approval - Buyer-XXX<br> Open-Audited FICO of XXX is less than Guideline FICO of XXX Provide confirmation that borrower's credit score at time of closing was at least meeting XXX minimum for product/transaction. <br> XXX is minimum credit score, submitted score is XXX - Due Diligence Vendor-XXX |  | Waived-Client provided an exception and waiver for XXX FICO with min required of XXX, with compensating factor. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV < XXX% max<br> Months Reserves exceed minimum required - Reserves: XXX Min Actual XXX | XXX% LTV (XXX% below max)<br> XXX months reserves; only XXX months required | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130524 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved--Received XXX in trailing docs; finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. see XXX. not sure what the condition is actually looking for? - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. - Due Diligence Vendor-XXX |  | Resolved--Received XXX in trailing docs; finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV < XXX% max<br> Months Reserves exceed minimum required - Reserves: XXX Min Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-There are no issues present on the Note. - Corrected Note provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Corrected Note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. The payment reflected is for XXX, but the Note does not contain the XXX. - Due Diligence Vendor-XXX |  | Resolved-There are no issues present on the Note. - Corrected Note provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required <br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calc - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required <br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator XXX Status and Final XXX Status are the same. Income documents provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Documentation for XXX attached. / Documentation for XXX XXX attached. Please note that since the most recent statement is through the end of XXX and the loan funded on XXX, a XXX was not required as the balance was within XXX days of the Note date / Documentation for XXX account XXX attached. / statements and XXX for XXX<br>- Seller-XXX<br> Open-The Originator XXX is not the same as the XXX. 1. Loan approved under XXX which only requires XXX% of amortized loan plus monthly debts for XXX months or XXX% of new loan amount. Program does not have a calculated DTI.<br> 2. Accounts ending:<br> XXX Missing XXX months statements, only XXX provided and balance >XXX days from note (Removal will result in asset utilization failure.)<br> XXX-Missing full XXX months, <br> XXX-Missing full XXX months - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Documentation for XXX attached. / Documentation for XXX attached. Please note that since the most recent statement is through the end of XXX and the loan funded on XXX, a XXX was not required as the balance was within XXX days of the Note date / Documentation for XXX attached. / statements and XXX for XXX<br>- Seller-XXX | Resolved-The Originator QM Status and Final QM Status are the same. Income documents provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Asset Qualification provided. - Due Diligence Vendor-XXX<br> Ready for Review-Supporting Docs Uploaded - Seller-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Accounts ending:<br> XXX-Missing XXX months statements, only XXX provided and balance >XXX days from note (Removal will result in asset utilization failure.)<br> XXX-Missing full XXX months, <br> XXX-Missing full XXX months - Due Diligence Vendor-XXX | Ready for Review-Supporting Docs Uploaded - Seller-XXX | Resolved-Asset Qualification provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-XXX has been provided on Sched A #XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX, indicates that there has been not change to title since XXX. Is that sufficient? - Buyer-XXX<br> Open-XXX provided. Missing XXX Month XXX. - Due Diligence Vendor-XXX |  | Resolved-Satisfactory XXX has been provided on Sched XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Title Document - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX, indicates that there has been not change to title since XXX. Is that sufficient? - Buyer-XXX<br> Open-Title Document is missing Missing preliminary title commitment and/or XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Document - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. – attached. Debt was monitored through XXX and the only alerts were due to our internal credit pull on XXX<br> - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing required XXX report / credit refresh obtained within XXX days prior to closing. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130523 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review no additional documentation is needed or required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Looking at the docs CD, this was already a cure on the file. We did not disclose the fee as we were already outside our XXX day window to redisclose. CD attached section J.<br> - Seller-XXX <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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). XXX (XXX%) tolerance fees increased by $XXX Appraisal reinspection fee without a valid XXX in file. Lender credit of $XXX for closing costs above legal limit is on final CD. Finding resolved.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Looking at the docs CD, this was already a cure on the file. We did not disclose the fee as we were already outside our XXX day window to redisclose. CD attached section XXX.<br> - Seller-XXX | Resolved-Upon further review no additional documentation is needed or required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Months Reserves exceed minimum required - XXX months > XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130520 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Layering of LTV adjustments not required; FTI hit of XXX%, meets max for XXX. - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% max LTV for a first-time investor is XXX%, short term rental reduce LTV by an additional XXX%. Max LTV is XXX%. - Due Diligence Vendor-XXX |  | Resolved-Layering of LTV adjustments not required; FTI hit of XXX%, meets max for XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required, XXX months verified.<br> Long term residence - Long term at primary residence |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130520 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008/Approval - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXX | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required, XXX months verified.<br> Long term residence - Long term at primary residence |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130520 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-The Calculated DSCR is equal to or exceeds the minimum DSCR per lender guidelines or Not Applicable. - Due Diligence Vendor-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. - Due Diligence Vendor-XXX |  | Resolved-The Calculated DSCR is equal to or exceeds the minimum DSCR per lender guidelines or Not Applicable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required, XXX months verified.<br> Long term residence - Long term at primary residence |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130520 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached approval reflecting DSCR and calculation. Thank you - Seller-XXX <br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calc/Ratio - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached approval reflecting DSCR and calculation. Thank you - Seller-XXX | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required, XXX months verified.<br> Long term residence - Long term at primary residence |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Cert of Formation only shows XXX (XXX) and EIN # from XXX indicates XXX - Due Diligence Vendor-XXX<br> Counter-Operating agreement required for XXX. If not owner XXX%, Certificate of Authorization for the XXX executing all documents on XXX of the XXX and the XXX Borrowing Certificate, also required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX document is the for the XXX.<br>The XXX XXX points shouldn't apply as the borrower is the XXX. - Seller-XXX<br> Counter-Business documentation provided is for XXX XXX. Note was signed as a XXX for XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Counter-Documentation received is insufficient-Please provide the Business Entity Documentation as required by the guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revised signed Note - Seller-XXX <br> Counter-Pending receipt of XXX documents for the business to be reviewed. Additional findings may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. business information<br> - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. \*New\*. Documentation provided changing the XXX to a business entity. Please provide the Business Entity Documentation as required by the guidelines. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The first document is the for the XXX.<br>The final XXX bullet points shouldn't apply as the borrower is the sole member. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Revised signed Note - Seller-XXX<br> Ready for Review-Document Uploaded. business information<br> - Seller-XXX | Resolved-Cert of Formation only shows XXX Member (Borrower) and XXX # from XXX indicates Sole member - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed<br> Months Reserves exceed minimum required - XXX months of verified PITIA reserves, XXX months minimum required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Corrected loan docs provided in the name of an entity. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business documentation for XXX - Seller-XXX<br> Counter-Business documentation provided is for XXX. Note was signed as a XXX for XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Counter-Pending receipt of business entity documentation. Missing entity documentation per guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. NOTE - Buyer-XXX<br> Counter-Pending receipt of the Note signed as a member and updated Title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Subject transaction is a Business Purpose loan for a XXX. The Note reflects the borrower signed as an XXX, not a legal entity, and contains a XXX-year XXX. XXX in XXX are permitted to XXX only and prohibited to XXX borrowers. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Business documentation for XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX | Resolved-Corrected loan docs provided in the name of an entity. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed<br> Months Reserves exceed minimum required - XXX months of verified PITIA reserves, XXX months minimum required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | State Specific business purpose loan signed as XXX | Resolved-Received corrected Note and XXX reflecting as LLC and executed by XXX entity. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note signed as XXX - Buyer-XXX<br> Counter-Received corrected closing documents, however we are missing a copy of the Note signed as a member. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-XXX in XXX or XXX as XXX signed as XXX is not allowed. Subject transaction is a XXX for a XXX. The Note reflects the borrower signed as an XXX, not a legal entity, and contains a XXX-year prepayment penalty. XXX in XXX are permitted to legal entities only and prohibited to XXX borrowers. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received corrected Note and pre payment addendum reflecting as LLC and executed by XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed<br> Months Reserves exceed minimum required - XXX months of verified PITIA reserves, XXX months minimum required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Business Purpose/Occupancy Affidavit - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Borrower did not initial the bottom of the Business Purpose Cert - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed<br> Months Reserves exceed minimum required - XXX months of verified PITIA reserves, XXX months minimum required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX Owner Signature Requirement Not met | Resolved-Received XXX reflecting XXX entity. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. New note signed as member - Buyer-XXX<br> Counter-Received unsigned new documentation. New business is XXX. Pending receipt of XXX Documentation to be reviewed. Additional findings may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-XXX Owner Signature Requirement Not met. \*New\* XXX changed to a business entity. Please provide updated Title Documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received title reflecting vested entity. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed<br> Months Reserves exceed minimum required - XXX months of verified PITIA reserves, XXX months minimum required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130666 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130514 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing fraud report for borrower. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Verified assets of XXX exceeds the minimum required of XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is higher than the minimum required score of XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130514 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Alerts summary with cleared Alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-\*New\* Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Alerts summary with cleared Alerts. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Verified assets of XXX exceeds the minimum required of XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is higher than the minimum required score of XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130515 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Looks like we reached out on and got approval with the scope of work provided for the LTV to be calculated as such - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Audited LTV of XXX% exceeds Guideline LTV of XXX%; the loan was delayed financing and the guidelines require the borrower's initial investment in purchasing the property plus the financing costs, prepaids, and points. The initial investment totaled $XXX and settlement charges for new loan are $XXX= XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Looks like we reached out on and got approval with the scope of work provided for the LTV to be calculated as such - Seller-XXX | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130515 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX and source of funds for the purchase. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. attached bank statement showing the source of funds for the purchase of XXX - Seller-XXX<br> Counter-Received confirmation of XXX. Missing source of funds for acquisition per delayed financing guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Arms length verification page XXX - Seller-XXX<br> Counter-Received XXX-subject acquired XXX and delayed financing guidelines apply. Missing source of funds utilized for acquisition and confirmation of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX month XXX- Buyer-XXX<br> Counter-Commitment provided does not disclose a XXX month XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title Commitment - Seller-XXX<br> Open-XXX provided. Missing XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. attached bank statement showing the source of funds for the purchase of XXX- Seller-XXX<br> Ready for Review-Document Uploaded. Arms length verification page XXX - Seller-XXX<br> Ready for Review-Document Uploaded. XXX Commitment - Seller-XXX | Resolved-Received Satisfactory XXX and source of funds for the purchase. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130515 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing an established XXX impound account for taxes and insurance. | Resolved-XXX disclosure not required on XXX. - Due Diligence Vendor-XXX <br> Open-No XXX in file - Due Diligence Vendor-XXX |  | Resolved-XXX disclosure not required on XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130515 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Not Executed | Resolved-Received fully executed security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recorded DOT - Seller-XXX <br> Open-The Deed of Trust is Not Executed Borrower has not signed, but document has witness and XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Recorded DOT - Seller-XXX | Resolved-Received fully executed security instrument. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130667 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received revised Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Corrected Note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. The note reflects an interest-only payment; however, there is no rider to the note or language in the note reflecting it is interest-only - Due Diligence Vendor-XXX |  | Resolved-Received revised Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130667 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present Missing XXX confirming completion of all bathrooms, the wood flooring, light fixtures, and the kitchen ceiling / duct work per appraisal report. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130516 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Credit is missing and not reflected on Fraud Report. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130518 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for XXX | Resolved-XXX for property XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached insurance! Thank you!! - Seller-XXX<br> Open-Missing verification of insurance for non-subject property for XXX OR mortgage statement to determine if XXX are XXX. Only proof of taxes was in file along with XXX and XXX mtg payments. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached insurance! Thank you!! - Seller-XXX | Resolved-XXX for property XXX provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130518 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received XXX from borrower. Borrower pays for XXX Rent, however the borrower is not responsible. UW included since it is reflecting on the bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The $XXX is based on a payment to "XXX" labeled as "Rent" found in the bank statements. Per the bwr, they pay for the sons lease but they are not on the lease. This was added to the DTI even though the borrower is not liable for the lease - Seller-XXX <br> Open-Missing documentation to support other expense in the amount of $XXX reflecting on the final 1003. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The $XXX is based on a payment to "XXX" labeled as "Rent" found in the bank statements. Per the bwr, they pay for the sons lease but they are not on the lease. This was added to the DTI even though the borrower is not liable for the lease - Seller-XXX | Resolved-Received LOE from borrower. Borrower pays for his Sons Rent, however the borrower is not responsible. UW included since it is reflecting on the bank statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130518 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). Received XXX XXX for increase in appraisal fee. Lender credit on final CD for increase in closing costs above legal limit, $XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for review.<br> - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. [Credit proved for $XXX increase in Credit Report Fee] - Due Diligence Vendor-XXX |  | Resolved-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 $XXX.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). Received XXX XXX for increase in appraisal fee. Lender credit on final CD for increase in closing costs above legal limit, $XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130518 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-XXX confirms no affiliates. - Due Diligence Vendor-XXX <br> Open-Required Affiliated Business Disclosure Missing ...Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt.<br> - Due Diligence Vendor-XXX |  | Resolved-XXX confirms no affiliates. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130665 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-DSCR is rounder to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Documents received - Tape DSCR reflected XXX. Updated documents provided reflect DSCR of .XXX - Borrower does not meet minimum FICO requirement of XXX for DSCR less than XXX. Clarify final DSCR considered. Finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Updated 1008, 1003, XXX, Corrected appraisal - Seller-XXX<br> Open-When the lease is greater than the market rent, the higher lease amount may be used with XXX months current proof of receipt of the higher rental income. The loan file did not contain XXX months of rental payments. Additionally, per the appraisal/XXX lease amount is $XXX, per lease in the file the rent is $XXX and the 1007 market rent on appraisal was $XXX; though a copy of the lease is not required when the appraiser list the rent amount the XXX amounts do not match. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated 1008, 1003, UW XXX, Corrected appraisal - Seller-XXX | Resolved-DSCR is rounder to XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX% when the DSCR is below XXX%<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130665 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Completed correct location of XXX<br> - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided XXX used by lender reflects different address as "Location of XXX", indicating XXX , subject address. - Due Diligence Vendor-XXX |  | Resolved-Received Policy. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX% when the DSCR is below XXX%<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130665 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/ Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Page XXX of the XXX and missing legal - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage with XXX - Seller-XXX | Resolved-Received Mortgage w/ Legal Description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX% when the DSCR is below XXX%<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130665 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received XXX pages of the Final CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX pages - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. CD is incomplete and missing a page (Page XXX) - Due Diligence Vendor-XXX |  | Resolved-Received all pages of the Final CD. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX% when the DSCR is below XXX%<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130664 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130663 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130498 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Documentation provided confirming the borrower has XXX-month rental experience. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Rental Listing - Seller-XXX<br> Counter-The attachment "Rental Listing" was not attached. Please re-attach. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The attachment "XXX" has a picture of the XXX, name of the XXX (XXX), confirms the address and ownership, and shows the property is listed with XXX. The attachment "Rental Listing" has the same XXX name, same picture, and when you scroll to the bottom there are reviews that indicate their stay date with some going back to XXX. <br>I also attached the owner statement ledger and if you add up all the XXX payments (XXX) they equal what is on the XXX XXX, as well as what they reported on their XXX. This number ties the owner ledger to the borrower for that XXX as well and the ledger payments go back to XXX. So we have ample evidence in the file for the borrower having over XXX year rental experience which will allow us to go down to a XXX Debt Service Ratio. - Seller-XXX <br> Counter-Documentation is insufficient-XXX time investor DSCR must = > XXX per eResi XXX, no documentation received reflecting borrower as an XXX. Must provide supporting documentation of XXX ownership and managing for XXX years OR an exception required for DSCR Ready for Review-Document Uploaded. Rental Listing - Seller-XXX<br> Ready for Review-Document Uploaded. The attachment "Email Confirming Address" has a picture of the XXX, name of the XXX (XXX), confirms the address and ownership, and shows the property is listed with XXX. The attachment "Rental Listing" has the same XXX name, same picture, and when you scroll to the bottom there are reviews that indicate their stay date with some going back to XXX. <br>I also attached the owner statement ledger and if you add up all the XXX payments (XXX) they equal what is on the XXX XXX, as well as what they reported on their XXX. This number ties the owner ledger to the borrower for that XXX as well and the ledger payments go back to XXX. So we have ample evidence in the file for the borrower having over XXX year rental experience which will allow us to go down to a XXX Debt Service Ratio. - Seller-XXX<br> Ready for Review-Document Uploaded. we didn't use the XXX XXX on this one since the registered date is XXX which is why we sent the guidelines for XXX. - Seller-XXX<br> Ready for Review-Document Uploaded. Attached the DSCR guidelines. This is an XXX loan and not an ACCESS. Edge guide does not have the same requirement for first time investor. This should be cancelled - Seller-XXX<br> Resolved-Documentation provided confirming the borrower has XXX-month rental experience. - Due Diligence Vendor-XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX NA N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130513 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received confirmation XXX% XXX from insurance agent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see the confirmation from the insurance agent attached - Seller-XXX<br> Counter-Received insurance application-missing XXX confirming sufficient coverage-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-XXX and XXX provided, however the coverage amount is $XXX and the XXX Cost is XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. XXX coverage does not meet the XXX amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. please see the confirmation from the insurance agent attached - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received confirmation XXX% XXX from insurance agent. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130521 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received signed XXX for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 Executed XXX is Missing no XXX provided - Due Diligence Vendor-XXX |  | Resolved-Received signed XXX for both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Executed XXX is Missing | Resolved-Borrower 2 Executed XXX is Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX<br> Open-Borrower 2 Executed XXX is Missing no XXX provided - Due Diligence Vendor-XXX |  | Resolved-Borrower XXX Executed XXX-XXX is Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received revised 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. per XXX XXX has been o her job since XXX - provided upadted 1003 - Buyer-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-The loan application is missing a XXX year employment history for the co-borrower. - Due Diligence Vendor-XXX |  | Resolved-Received revised 1003. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130382 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received executed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Borrower 1 Executed XXX is Missing Provide XXX on a full doc loan. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received executed XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Mid FICO XXX is higher than the required XXX<br> Qualifying DTI below maximum allowed - DTI XXX% is lower than allowable XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130379 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Coverage not met | Resolved-Received XXX liability coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX coverage - Seller-XXX<br> Open-XXX Coverage not met. Per the guidelines XXX insurance is required. Missing evidence of sufficient XXX insurance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX coverage - Seller-XXX | Resolved-Received XXX liability coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score for grading is XXX, guideline minimum is XXX.<br> LTV is less than guideline maximum - The calculated LTV is XXX%, guideline maximum is XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130383 | XXX | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator provided a waiver loan amount XXX minimum required; Mortgage History: XXX exceeding XXX months required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. loan amount exception - Seller-XXX<br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Loan Amount – $XXX – Min Loan Amount = $XXX. No approved exception present in file and no comp factors provided by originator. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. loan amount exception - Seller-XXX | Waived-Originator provided a waiver loan amount <$XXX-– wavier applied with reviewed compfactors --FICO: XXX>XXX minimum required; Mortgage History: XXX exceeding XXX months required. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On Time Mortgage History = XXX Months Required = XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2025130377 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Documentation in the file supports borrower is not on the Note for the primary residence. borrower meets the requirements for a first time investor. No additional documentation is needed or required. - Due Diligence Vendor-XXX<br> Counter-Documentation is insufficient-finding remans. Missing acceptable mortgage rating XXX for primary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. enclosed docs on primary residence shows borrower is only on the deed (not on the note) - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements - missing mortgage history of primary residence. there is a mtg stmt provided on pg XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. enclosed docs on primary residence shows borrower is only on the deed (not on the note) - Seller-XXX | Resolved-Documentation in the file supports borrower is not on the Note for the primary residence. borrower meets the requirements for a first time investor. No additional documentation is needed or required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum sore XXX.<br> LTV is less than guideline maximum - LTV XXX% max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130375 | XXX | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property/Appraisal General (Credit) | Waived-Originator exception in regard to XXX requirement. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Unit XXX square footage equals XXX. Square footage minimum guideline requirement is XXX.<br> Client provided an Exception Approval to allow square footage, applied to non material finding with comp factors. - Due Diligence Vendor-XXX |  | Waived-Originator exception in regard to Sq Ft requirement. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%. | Fico XXX points or more above requirement<br> Long term homeownership (>XXX years) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025130381 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130380 | XXX | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Borrower | Business Entity Formation Document is Incomplete | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material as all other required documentation provided. - Due Diligence Vendor-XXX <br> Open-The Business Entity Formation Document is incomplete Exception Approval in file – <br> 1. Documentation – Request for Attorney Opinion Letter to be Waived<br>- Due Diligence Vendor-XXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material as all other required documentation provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR % greater than XXX - DSCR = XXX | 1. Loan to Value XXX% or more under requirement<br> 2. Reserves XXX+ months more than requirement |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025130482 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Waived-Client provided a waiver use of PTIN, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PTIN exception and approval - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing XXX License not provided - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver use of PTIN, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. | FICO: XXX>XXX<br> DTI: XXX% XXX.pdf<br> XXX.pdf QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2025130482 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130482 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130500 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% DTI is out of line. Lease in file = XXX/ Rent schedule reflects $XXX / Rent received of XXX - Due Diligence Vendor-XXX |  | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130500 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX product is dated prior to the Appraisal date | Resolved-Received correct desk review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated XXX - Buyer-XXX<br> Counter-Desk review received does not match appraised value received-desk review reflects value $XXX dated XXX. Provide correct desk review on appraisal considered in qualifying. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX<br> Open-XXX or more of the additional valuation products were completed prior to the Primary Valuation product date. XXX completed on XXX and XXX. Appraisal completed on XXX. - Due Diligence Vendor-XXX |  | Resolved-Received correct desk review. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130489 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130374 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-XXX and invoice for large deposit provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the enclosed deposit explanation along with something showing the $XXX deposit was in our initial loan upload - Seller-XXX<br> Counter-For bank statement loans, inconsistent or unusually large deposits should be sourced or excluded from the analysis. This deposit is inconsistent with other months used in qualifying and must be sourced. Backing out will result in excessive DTI, the majority of the income from this account came from this deposit. - Due Diligence Vendor-XXX<br> Ready for Review-N/A on XXX, pls waive. - Seller-XXX <br> Open-Missing XXX and invoice for the large deposit in the amount of $XXX on XXX for acct#XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. the enclosed deposit explanation along with something showing the $XXX deposit was in our initial loan upload - Seller-XXX<br> Ready for Review-N/A on XXX, pls waive. - Seller-XXX | Resolved-XXX and invoice for large deposit provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130374 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX Owner Signature Requirement Not met | Resolved-Deed was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DEED reuploaded - Seller-XXX<br> Counter-Reviewer is unable to open upload XXX-please re upload. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. deed - Seller-XXX<br> Open-XXX Owner Signature Requirement Not met. Missing deed conveying interest from LLC to borrower - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DEED reuploaded - Seller-XXX<br> Ready for Review-Document Uploaded. deed - Seller-XXX | Resolved-Deed was provided. - Due Diligence Vendor-XXX5\ | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130422 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130422 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing XXX payment letter. <br> Missing required XXX payment letter. - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130376 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%. XXX with XXX and XXX were included XXX. - Due Diligence Vendor-XXX <br> Ready for Review-both these leases were on XXX borrowers credit reports, so we only excluded from borrower #XXX... we did count the expense into DTI for borrower #XXX - Seller-XXX<br> Counter-Reviewer is unable to locate XXX months XXX for auto loan $XXX (XXX only located. Unable to locate $XXX paid by business. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We previously sent only XXX additional statement as it seemed that you were missing that XXX statement... below is a breakdown of what we excluded (also uploading new 1003s for each showing) <br>XXX<br> XXX – Credit Supplement/paid & closed.<br> XXX1- Credit Supplement/paid & closed.<br> XXX – Paid by Chase XXX.<br> XXX – Paid by Chase XXX<br>XXX<br> XXX – Paid by Chase XXX – Needs to be excluded<br> XXX – Paid by Chase XXX /Paid by XXX – Already excluded.<br> XXX– Paid by Chase XXX – Needs to be excluded<br> XXX – Paid by Chase XXX – Needs to be excluded/hit for XXX for it.<br> XXX – Paid by Chase XXX – Needs to be excluded.<br>- Seller-XXX<br> Counter-Review only reflects XXX auto loans XXX XXX and XXX-received XXX bank statement-please document XXX omitted auto for review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The co-borrower pays XXX in rent and we hit him for it. The condition reflects that the DTI exceeds XXX% We provided documentation to verify that XXX auto loans should be excluded to bring down the DTI. Enclosed is the XXX XXX (in case you were missing) - Seller-XXX<br> Counter-XXX rents for $XXX/month, XXX in file confirms - Due Diligence Vendor-XXX<br> Ready for Review-borrower lives rent free - Seller-XXX <br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% DTI exceed XXX% for added XXX rental payment towards the debt for $XXX since no borrower signor. - Due Diligence Vendor-XXX | Ready for Review-both these leases were on BOTH borrowers credit reports, so we only excluded from borrower #XXX... we did count the expense into DTI for borrower #XXX - Seller-XXX<br> Ready for Review-Document Uploaded. We previously sent only one additional statement as it seemed that you were missing that one statement... below is a breakdown of what we excluded (also uploading new XXX for each showing) <br>XXX<br> XXX Credit XXX $XXX – Credit Supplement/paid & closed.<br> XXX XXX $XXX- Credit Supplement/paid & closed.<br> XXX XXX $XXX – Paid by XXX XXX.<br> XXX Fin XXX $XXX – Paid by XXX XXX<br>XXX<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded<br> XXX XXX $XXX – Paid by XXX XXX /Paid by XXX – Already excluded.<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded/hit for David for it.<br> XXX $XXX – Paid by XXX XXX – Needs to be excluded.<br>- Seller-XXX<br> Ready for Review-Document Uploaded. The co-borrower pays $XXX in rent and we hit him for it. The condition reflects that the DTI exceeds XXX% We provided documentation to verify that XXX auto loans should be excluded to bring down the DTI. Enclosed is the XXX one (in case you were missing) - Seller-XXX<br> Ready for Review-borrower lives rent free - Seller-XXX | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%. Car loans with XXX and XXX XXX were included twice. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% is lower than maximum XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Mid FICO XXX is higher than the required XXX<br> Months Reserves exceed minimum required - XXX months reserves exceed required XXX by XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130376 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX<br> Ready for Review-both these leases were on XXX borrowers credit reports, so we only excluded from borrower #XXX... we did count the expense into DTI for borrower #XXX - Seller-XXX<br> Counter-Reviewer is unable to locate XXX months XXX for auto loan $XXX (XXX only located. Unable to locate $XXX paid by business. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We previously sent only XXX additional statement as it seemed that you were missing that XXX statement... below is a breakdown of what we excluded (also uploading new XXX for each showing) <br>XXX<br> XXX – Credit Supplement/paid & closed.<br> XXX1- Credit Supplement/paid & closed.<br> XXX – Paid by Chase XXX.<br> XXX – Paid by Chase XXX<br>XXX<br> XXX – Paid by Chase XXX – Needs to be excluded<br> XXX – Paid by Chase XXX /Paid by XXX – Already excluded.<br> XXX– Paid by Chase XXX – Needs to be excluded<br> XXX – Paid by Chase XXX – Needs to be excluded/hit for XXX for it.<br> XXX – Paid by Chase XXX – Needs to be excluded.<br> - Seller-XXX<br> Counter-Review only reflects XXX auto loans XXX and XXX-received XXX bank statement-please document XXX XXX auto for review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The co-borrower pays XXX in rent and we hit him for it. The condition reflects that the DTI exceeds XXX% We provided documentation to verify that XXX auto loans should be excluded to bring down the DTI. Enclosed is the XXX in case you are missing - Seller-XXX<br> Counter-B2 rents for $XXX/month, XXX in file confirms-letter reviewed is for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Originator XXX is not the same as the XXX. DTI exceed XXX% for added XXX rental payment towards the debt for $XXX since no borr signior. - Due Diligence Vendor-XXX | Ready for Review-both these leases were on BOTH borrowers credit reports, so we only excluded from borrower #XXX... we did count the expense into DTI for borrower #XXX - Seller-XXX<br> Ready for Review-Document Uploaded. We previously sent only one additional statement as it seemed that you were missing that one statement... below is a breakdown of what we excluded (also uploading new 1003s for each showing) <br>XXX<br> XXX Credit XXX $XXX – Credit Supplement/paid & closed.<br> XXX Capital XXX $XXX- Credit Supplement/paid & closed.<br> XXX XXX $XXX – Paid by XXX XXX.<br> XXX Fin XXX $XXX – Paid by XXX XXX<br>XXX<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded<br> XXX XXX $XXX – Paid by XXX XXX /Paid by XXX – Already excluded.<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded<br> XXX Fin XXX $XXX – Paid by XXX XXX – Needs to be excluded/hit for XXX for it.<br> XXX XXX $XXX – Paid by XXX XXX – Needs to be excluded.<br>- Seller-XXX<br> Ready for Review-Document Uploaded. The co-borrower pays $XXX in rent and we hit him for it. The condition reflects that the DTI exceeds XXX% We provided documentation to verify that XXX auto loans should be excluded to bring down the DTI. Enclosed is the XXX one in case you are missing - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% is lower than maximum XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Mid FICO XXX is higher than the required XXX<br> Months Reserves exceed minimum required - XXX months reserves exceed required XXX by XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130378 | XXX | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Waived-Originator waiver applied deemed non material due to judgement is for a nominal amount, low impact alert, borrower has sufficient reserves to cover and loan is DSCR. - Due Diligence Vendor-XXX<br> Open-Fraud Report Shows Uncleared Alerts Fraud report reflect a XXX Warrant in the amount of $XXX. Missing proof of satisfaction . - Due Diligence Vendor-XXX |  | Waived-Originator waiver applied deemed non material due to judgement is for a nominal amount, low impact alert, borrower has sufficient reserves to cover and loan is DSCR. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months of reserves and XXX months are required.<br> DSCR % greater than XXX - DSCR % greater than XXX. DSCR is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2025130496 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-1. Client exception granted to allow > XXX . Non-material waiver applied to finding with compensating factors. Non-material as supporting documents were provided. 2. There is no guideline violation regarding the loan advances. 3. Documentation provided confirming the deposit from XXX payment processing is a business deposit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-The initial exception approval has been rescinded until further documentation can be provided to explain the additional findings as Noted below:<br> Per guides, a maximum of XXX (XXX) instances of XXX are allowed with XXX (XXX) months of statements. The borrower's bank statements reflect a total of XXX XXX instances. Lender XXX request and email approval in file to allow XXX instances within XXX months. It should be noted that, although the borrower provided a letter of explanation dated XXX, which attributed the NSF's to "XXX," the most recent bank statement reflected XXX (XXX) and the previous month also had an XXX (XXX). Additionally, over the past XXX months there has been a total of XXX in "loan advances" deposited to the XXX, including $XXX in XXX, and nearly XXX in XXX. The total loan advances in the past XXX months is more than XXX% of the past year and suggest an increase reliability on loan advances. It should also be noted that the XXX statement reflected a deposit, described as "XXX" for $XXX, was made on XXX. The underwriter did not request documentation, or a letter of explanation from the borrower, to verify if the funds were a loan. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Waived-XXX Client exception granted to allow > XXX NSF's . Non-material waiver applied to finding with compensating factors. Non-material as supporting documents were provided. XXX. There is no guideline violation regarding the loan advances. .. Documentation provided confirming the deposit from . payment processing is a business deposit. - Due Diligence Vendor-. | Months Reserves exceed minimum required - Borrower verified XXX months of PITI reserves, XXX months minimum required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required. | XXX credit score<br> XXX years employment stability<br> XXX months reserves<br> $XXX residual income<br> Good credit history. | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130496 | XXX | D B C A | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received XXX XXX, Refund check for $XXX, XXX and proof of delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please find the copy of XXX, XXX label and XXX attached.<br> - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). -----XXX (XXX%) tolerance fees increased by $XXX (Processing Fee, Tax Service Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Cured-Received PCCD ., Refund check for $., . and proof of delivery. - Due Diligence Vendor-. | Months Reserves exceed minimum required - Borrower verified XXX months of PITI reserves, XXX months minimum required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130496 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Updated XXX was provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Certificate holder to be updated to reflect the correct lender and loan number. - Due Diligence Vendor-XXX |  | Resolved-Updated XXX was provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower verified XXX months of PITI reserves, XXX months minimum required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130496 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please dispute the finding below. <br> • The Initial CD was disclosed and signed by the borrower on XXX<br> • The first XXX CD was delivered XXX email on XXX<br> o This XXX CD did not change any term that would require a new waiting period<br> • The second XXX CD was delivered via email on XXX<br> o This XXX CD did not change any term that would require a new waiting period<br>The XXX CDs did not necessitate a new waiting period so the XXX available closing date was XXX and the loan closed on XXX. - Seller-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXX" or "XXX' or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. ------ Missing valid XXX for applicable increases. Statute of Limitations XXX years- Expiration date is XXX. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please dispute the finding below. <br> • The Initial CD was disclosed and signed by the borrower on XXX<br> • The first COC CD was delivered via email on XXX<br> o This COC CD did not change any term that would require a new waiting period<br> • The second COC CD was delivered via email on XXX<br> o This COC CD did not change any term that would require a new waiting period<br>The COC CDs did not necessitate a new waiting period so the first available closing date was XXX and the loan closed on XXX. - Seller-XXX | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower verified XXX months of PITI reserves, XXX months minimum required. <br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130510 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Personal Guaranty - Buyer-XXX<br> Counter-The guaranty agreement provided was in the original loan file. There can be no reference to the borrowing entity above the signature line, it should be left blank. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Guaranty Agreement - Buyer-XXX<br> Open-The Subject Loan is a XXX but the Guaranty Agreement Doc is 'Partial'. Guaranty Agreement provided has B1 "XXX" listed. Guaranty Agreement should just list the borrower's name. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130510 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130510 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow layering, Non-material waiver applied with comp factors. non-material due to high reserves, low LTV, B1 XXX% of the other entity. - Due Diligence Vendor-XXX<br> Open-XXX. Loan closed in LLC. The LLC in which the loan closed is owned by another XXX owned by the borrower. XXX or XXX Entities are not permitted - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layering, Non-material waiver applied with comp factors. non-material due to high reserves, low LTV, B1 XXX% of the other entity. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO XXX<br> Reserves XXX months<br> Seasoned Investor |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130509 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX Guaranty - Seller-XXX<br> Counter-Personal Guaranty Agreement provided list the Borrowing Entity above the signature. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. Guaranty Agreement provided has B1 "Borrowing Entity" listed. Guaranty Agreement should just list the borrowers name. - Due Diligence Vendor XXX | Ready for Review-Document Uploaded. Personal Guaranty - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130509 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client provided a waiver r closing in a layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval uploaded - Buyer-XXX<br> Open-Layered XXX. Loan closed in LLC. The LLC in which the loan closed is owned by another entity owned by the borrower. Layered or XXX Entities are not permitted; exception not provided. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver r closing in a layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | Credit Score: XXX>XXX required<br> Reserves: XXX months >XXX months required.  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130509 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Exhibit "A" legal description attached to the DOT. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. mortgage - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. mortgage - Seller-XXX | Resolved-Received Exhibit "A" legal description attached to the DOT. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130494 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Counter-Per guidelines "A written explanation for credit inquiries in the last XXX days is required" Credit report pulled on XXX and updated XXX shows inquires on XXX with XXX days that was not addressed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit XXX rebuttal uploaded<br> - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130494 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Upon further review, XXX bank statements are being used. XXX letter is not required, XXX and proof of business being active is in file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Open-Borrower 1 XXX Letter Missing XXX letter verifying owner % and expense ratio not provided. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, personal bank statements are being used. CPA letter is not required, business license and proof of business being active is in file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130677 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130384 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted to allow the subject loan amount under $XXX. Non-material waiver applied to finding with compensating factors. Non-material due to high DSCR and LTV of XXX%. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX. Loan amounts under $XXX by exception only. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Waived-Originator exception granted to allow the subject loan amount under $XXX. Non-material waiver applied to finding with compensating factors. Non-material due to high DSCR and LTV of XXX%. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025130384 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Appraisal is Expired | Resolved-Corrected appraisal date was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. corrected appraisal and XXX - Seller-XXX<br> Open-Primary Value Appraisal is Expired Appraisal effective date reflects XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. corrected appraisal and XXX - Seller-XXX | Resolved-Corrected appraisal date was provided. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130448 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing final XXX from sale of non-subject property | Resolved-Received final CD from sale of property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Final CD evidencing Sale of XXX, as reflected on Final 1003. - Due Diligence Vendor-XXX |  | Resolved-Received final CD from sale of property. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130388 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Resolved-Upon further review, audited CLTV of XXX% is less than or equal to Guideline CLTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited CLTV of XXX% exceeds Guideline CLTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Upon further review, audited CLTV of XXX% is less than or equal to Guideline CLTV of XXX% - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX on time mortgage history for primary.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130388 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Resolved-Upon further review, audited HLTV of XXX% is less than or equal to Guideline HCLTV of XXX%. - Due Diligence Vendor-XXX<br> Open-Audited HLTV of XXX% exceeds Guideline HCLTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Upon further review, audited HLTV of XXX% is less than or equal to Guideline HCLTV of XXX%. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX on time mortgage history for primary.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130388 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Upon further review, The LTV for XXX would apply of XXX% and would not be reduced by XXX% as per XXX, as they do not XXX their LTV reductions to be stacked. - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% First time investor max XXX%. Appraiser used XXX comps which indicates borrower will utilize as XXX, requires XXX% LTV reduction max XXX% - Due Diligence Vendor-XXX |  | Resolved-Upon further review, The LTV for first time investors would apply of XXX% and would not be reduced by XXX% as per XXX, as they do not stack their LTV reductions to be stacked. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX on time mortgage history for primary.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130388 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received business entity documentation and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached - Seller-XXX<br> Open-The Business Entity Formation Document is Missing Missing EIN #, operating agreement , XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXX | Resolved-Received business entity documentation and XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX on time mortgage history for primary.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130491 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legible copy of the Notary page. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Signed before me date on Notary Page is illegible. - Due Diligence Vendor-XXX |  | Resolved-Received legible copy of the Notary page. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130491 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Conflict of interest. Seller is a corporation, that corporation is representing themselves as the listing real estate agent and the selling real estate agent. XXX is allowed in state of XXX, however, the seller is also the same as the agents in this case it is all the same corporation.<br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to non XXX affecting and strong compensating factors. - Due Diligence Vendor-XXX |  | Waived-Conflict of interest. Seller is a corporation, that corporation is representing themselves as the listing real estate agent and the selling real estate agent. Dual Agency is allowed in state of XXX, however, the seller is also the same as the agents in this case it is all the same corporation.<br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to non ATR affecting and strong compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Credit Score: XXX<br> Reserves: XXX months<br> DTI: XXX%<br> Residual Income: $XXX |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX<br> - Buyer-XXX <br> Open-Asset Record XXX Does Not Meet G/L Requirements Per guides, For XXX loans, assets must be documented with the most recent XXX-day statement. Most recent statement is required to document/verify the borrower has sufficient funds as required per guides to cover the XXX cashiers check used towards closing costs. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower verified XXX months of PITIA reserves, XXX months minimum required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130438 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Operating agreement supports XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Document Uploaded. per guidleines, we can use the enclsoed XXX to show ownership - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing to verify percentage of ownership in business and expense factor - Due Diligence Vendor-XXX |  | Resolved-Operating agreement supports XXX% ownership. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130438 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as XXX provided to show work has been done - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Exception in file to remove basement kitchen stove. XXX provided to show this has been done - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as XXX provided to show work has been done - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months | LTV XXX% ORE MORE UNDER REQUIREMENT<br> RESERVES XXX+ MONTHS MORE THAN REQUIREMENT<br> LONG TERM EMPLOYMENT > XXX YRS<br> MINIMAL CONSUMER DEBT |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130438 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements XXX month seasoning requirement not met. Exception in file - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX%<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months | LTV XXX% ORE MORE UNDER REQUIREMENT<br> RESERVES XXX+ MONTHS MORE THAN REQUIREMENT<br> LONG TERM EMPLOYMENT > XXX YRS<br> MINIMAL CONSUMER DEBT |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130484 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation of XXX and XXX payment received-due for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Mortgage statement for XXX acct #XXX for XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of XXX and XXX payment received-due for XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130470 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Certification of Business Purpose. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. BUSINESS PURPOSE - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit - Due Diligence Vendor-XXX |  | Resolved-Received Certification of Business Purpose. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> DSCR % greater than XXX - DSCR = XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130648 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Completion Report (XXX) is Partially Provided (Primary Value) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX page XXX reference regarding the XXX report is only being referenced as it was it was dated in error XXX. This same page and section reflects it is corrected/revised report. There is no XXX report. / Also uploaded is an additional XXX XXX report. All repairs should now be addressed with this XXX and the XXX XXX - Buyer-XXX <br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is Partially Present Missing XXX final inspection as referenced in the XXX final inspection dated XXX, including but not limited to evidence of exterior exposed wiring and other related issues have been properly resolved. Need XXX final inspection to confirm other repairs were completed. - Due Diligence Vendor-XXX |  | Resolved-Received 1004D - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> On time mortgage history exceeds guideline requirement - All current and past mortgage histories on credit report reflect XXX x XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130648 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Patriot act - Seller-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Form provided with borrower's signature; however, missing all Identification information. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> On time mortgage history exceeds guideline requirement - All current and past mortgage histories on credit report reflect XXX x XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130648 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-XXX acceptable per XXX guidelines effective XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: Per XXX XXX the XXX can be no higher than XXX%, and no lower than XXX% in the first year. XXX% is acceptable per XXX. - Buyer-XXX<br> Open-Prepayment Penalty is not allowed. Per lender XXX Step Down XXX for XXX Prepayment Penalty should be XXX%, XXX%. Per prepayment addendum XXX%, XXX% is reflected. - Due Diligence Vendor-XXX |  | Resolved-Prepay structure acceptable per new prepay guidelines effectiveXXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> On time mortgage history exceeds guideline requirement - All current and past mortgage histories on credit report reflect XXX x XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130648 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow layered vesting on XXX, Non-material waiver applied with comp factors. non-material due to Experienced investor, LTV and B1 is XXX and/or manager of the related entities - Due Diligence Vendor-XXX<br> Open-Lender exception provided for layering. Per guidelines layered or XXX are not permitted - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered vesting on title, Non-material waiver applied with comp factors. non-material due to Experienced investor, LTV and B1 is sole member and/or manager of the related entities - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> On time mortgage history exceeds guideline requirement - All current and past mortgage histories on credit report reflect XXX x XXX | B1 is sole member and/or manager of the related entities<br> LTV XXX<br> Experienced investor |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130480 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Uploaded<br> - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing XXX is missing from the file - Due Diligence Vendor-XXX |  | Resolved-Received Permanent Resident Card. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived in primary residence for XXX years and XXX moths<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130471 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130661 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130659 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete XXX inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description to Mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130386 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130495 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received supporting documentation reflecting XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Asset XXX Does Not Meet Guideline Requirements Missing XXX with the balance transfer of XXX to his XXX. <br> I see XXX write up and XXX appears coming from XXX to XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation reflecting XXX draw. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130506 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Guarantee Agreement has issues | Resolved-Received Guaranty Agreement without the business name populated. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-XXX has the borrowing entity populated. Field is to be left blank. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement without the business name populated. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130506 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Property | XXX disaster declared XXX ONLY | Waived-Client waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Open-XXX Post closing Disaster XXX, XXX, XXX, and XXX (XXX) Incident Period: XXX and continuing; XXX. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130506 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Missing evidence of coverage at time of loan disbursement - Due Diligence Vendor-XXX |  | Resolved-Received current policy. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130506 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client provided a waiver for closing in layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrowing entity is a XXX which is not allowed by guidelines. Lender exception in file. - Missing email approval. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for closing in layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | FICO, Reserves, seasoned investor | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received appraisal confirming total estimated cost new - coverage is sufficient. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal with completed cost approach. Total estimate cost new=XXX - Buyer-XXX<br> Open-Insufficient Coverage Amount for XXX. Maximum XXX coverage is XXX which does not meet the lesser of the unpaid principal balance and a XXX was not provided by the insurer or provided on the appraisal. As a result, the coverage does not meet the minimum required per guidelines. - Due Diligence Vendor-XXX |  | Resolved-Received appraisal confirming total estimated cost new - coverage is sufficient. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Flood Insurance Minimum Coverage Not Met | Resolved-Received revised XXX letter, poof of payment of increase in XXX and evidence of corrected XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated escrow docs - Seller-XXX<br> Counter-Evidence the premium has been paid is present, however we are missing evidence of the increase in XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the proof pf payment is shown on the flood insurance. - Seller-XXX<br> Counter-Received revised XXX-missing proof of payment of larger XXX balance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood Insurance increased to the max - Seller-XXX<br> Open-Flood Insurance Coverage Amount does not meet minimum required coverage amount The flood insurance coverage of XXX does not meet the lesser of the unpaid principal balance or the maximum coverage amount available from XXX, and a Replacement Cost Estimate was not provided by the insurer or provided on the appraisal. As a result, the coverage does not meet the minimum required per guidelines. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated XXX docs - Seller-XXX<br> Ready for Review-Document Uploaded. the proof pf payment is shown on the flood insurance. - Seller-XXX<br> Ready for Review-Document Uploaded. Flood Insurance increased to the max - Seller-XXX | Resolved-Received revised XXX payment letter, poof of payment of increase in flood insurance and evidence of corrected flood insurance. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Received XXX for large deposits. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Large and unusual deposits as determined by the underwriter must be sourced. The file is missing sourcing of a XXX deposit. Letter in file indicates the deposit on XXX is a reimbursement; however, the documentation was not provided. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX for large deposits. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-XXX confirming occupancy received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Occupancy - Buyer-XXX<br> Open-Per the initial and XXX, B2 declared they are not occupying the subject property as their primary residence; however, B2 signed the Affidavit of Occupancy, along with B1, stating they would occupy the subject property as a XXX. A letter of explanation is required for B2's occupancy intentions. Additional conditions may apply if B2 is a non-occupant co-borrower. - Due Diligence Vendor-XXX |  | Resolved-XXX confirming occupancy received. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130476 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Complete XXX received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-XXX document will not open. Please re-upload. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. COMPLETE XXX - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing complete copy of Hazard insurance. - Due Diligence Vendor-XXX |  | Resolved-Complete XXX received. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received XXX Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-The Subject Loan is a XXX but the Guaranty Agreement Doc is 'Partial'. Missing XXX signed as an XXX; documents provided signed as LLC. - Due Diligence Vendor-XXX |  | Resolved-Received Personal Guaranty Agreement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the XXX. - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130507 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow layered XXX; non-material waiver applied with comp factors. non-material due to experienced investor, low LTV, B1 XXX% owner of other XXX. - Due Diligence Vendor-XXX<br> Open-Exception provided for XXX; Layered or XXX not permitted. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered vesting; non-material waiver applied with comp factors. non-material due to experienced investor, low LTV, B1 XXX% owner of other business entity. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO XXX<br> Reserves XXX months<br> Experienced Investor |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130425 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud Report - Buyer-XXX<br> Open-Missing Third Party Fraud Report Fraud Report is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130425 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow for use of business funds without having a XXX confirming the use of business funds will not impact the business. . Non-material waiver applied to finding with compensating factors.<br> Experienced Investor. Sufficient reserves. - Due Diligence Vendor-XXX<br> Open-Lender Exception in file for use of business funds without having a XXX confirming the use of business funds will not impact the business. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow for use of business funds without having a CPA letter confirming the use of business funds will not impact the business. . Non-material waiver applied to finding with compensating factors.<br> Experienced Investor. Sufficient reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Credit Score: XXX points above requirement<br> Reserves: XXX months above requirement<br> DSCR: XXX above requirement<br> Credit History: Clean credit profile. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130402 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated 1008 - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR calculation. 1008 calculation is using note payment only. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX fico, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130462 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130662 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fannie XXX score at XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130643 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received Operating Agreement XXX% owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity doc XXX (XXX), borrower is XXX% owner, therefore, XXX% access to XXX. - Buyer-XXX <br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing XXX for XXX confirming borrower's access and use of funds, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Operating Agreement XXX% owner. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130457 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed XXX is acceptable or the loan is a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached XXX, XXX dues and XXX included in initial loan submission. XXX are XXX per XXX . Credit Supplement and XXX that were in initial loan submission. XXX current through end of XXX, with next payment due of XXX. - Buyer-XXX<br> Open-The Final Reviewed XXX is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing XXX documentation - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130457 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received mortgage statement and confirmation of no XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached mortgage statements, XXX dues and XXX included in initial loan submission. XXX are XXX per XXX. Credit Supplement and Mortgage statements that were in initial loan submission. XXX current through end of XXX, with next payment due of XXX. - Buyer-XXX<br> Open-Missing documentation of PITIA for XXX (XXX) - Due Diligence Vendor-XXX |  | Resolved-Received mortgage statement and confirmation of no HOA. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130427 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130463 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower 1 Credit Report is Expired | Waived-Client exception granted to allow credit report dated after note date.. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception documents - Buyer-XXX<br> Counter-Provide lender exception to accept a credit report dated after closing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-Borrower 1 Credit Report is Expired (Greater than XXX days from the Closing Date). Credit Report order date is XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow credit report dated after note date.. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | There will be an Exception XXX hit of XXX | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130397 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received XXX documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached - Buyer-XXX<br> Open-Borrower XXX Documentation Is Missing XXX - Valid and XXX /" XXX" (XXX) without conditions is required. For conditional XXX, proof of filed Form XXX required. If any XXX expires within the XXX months before closing, proof of a filed Form XXX is required. - Due Diligence Vendor-XXX |  | Resolved-Received citizen documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130285 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Lender has submitted Entity EIN # - Due Diligence Vendor-XXX<br> Open-The Business Entity Formation Document is incomplete - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Business Entity Formation Document is incomplete File is missing Verification of EIN # for XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender has submitted Entity EIN # - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130285 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-Lender has XXX - XXX up to XXX is Eligible - Due Diligence Vendor-XXX<br> Open-Primary Value Valuation XXX Not Allowed for Program XXX is not eligible per guidelines. No exception found in the file - Due Diligence Vendor-XXX |  | Resolved-Lender has changed Program - Rural up to XXX Acres is Eligible - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130285 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Appraisal provided with comments regarding limited recent comparables. The value is further supported with a XXX CU with a score of XXX. - Due Diligence Vendor-XXX<br> Open-Net/Gross adjustments are above tolerances of XXX%/XXX% - only XXX comp is within tolerance - Due Diligence Vendor-XXX |  | Resolved-Appraisal provided with comments regarding limited recent comparables. The value is further supported with a FNMA CU with a score of XXX. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130654 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130458 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business purpose - Buyer-XXX<br> Open-Missing Business Purpose Affidavit as Note signed as an LLC, not an XXX. . - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130458 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Profit & Loss Missing | Resolved-Upon further review, XXX is not a required document. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 XXX Profit & Loss Missing Missing XXX P&L for all businesses. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, P&L is not a required document. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX @ XXX%.<br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Received B2 VOE - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B2 VOE - Seller-XXX<br> Open-Borrower 2 3rd Party VOE Prior to Close Missing Missing Final XXX for B2. ` - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. B2 VOE - Seller-XXX | Resolved-Received B2 XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX @ XXX%.<br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Lender's income calc provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Counter-Received rent loss calculation for subject missing for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Lender to provide documentation on the calculation of the rental income - Verified income based on the tax returns and verified PITI results in a lower loss amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Lender's income calc provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX @ XXX%.<br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received subject rent loss calc. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOX - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Lender to provide documentation on the calculation of the rental income - Verified income based on the appraisal rent schedule and verified PITI results in a lower loss amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. LOX - Seller-XXX | Resolved-Received subject rent loss calc. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX @ XXX%.<br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130452 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received signed tax returns. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed Returns - Seller-XXX<br> Open-Borrower 1 Tax Returns Not Signed Borrower XXX and XXX are not signed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Signed Returns - Seller-XXX | Resolved-Received signed tax returns. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum is XXX @ XXX%.<br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130451 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130460 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130406 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Income) | Resolved-XXX on deposits received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX for lower level of deposits in XXX and XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX on deposits received. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; Guideline FICO XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130406 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-XXX on deposits provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing satisfactory XXX for withdrawals greater than deposits for XXX,XXX, XXX, XXX, XXX. XXX and XXX to establish a XXX. Per guidelines, account withdrawals that are consistently greater than deposits may be a sign of declining cash flow/income. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX on deposits provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; Guideline FICO XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130447 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130396 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130446 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement confirming paid as agreed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SUPPORTING DOCS - Buyer-XXX<br> Counter-Payment history provided for XXX provided, however we are missing XXX and XXX payments for #XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX XXX mortgage payments for XXX and XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received credit supplement confirming paid as agreed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130446 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received EIN - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing EIN # for business entity. - Due Diligence Vendor-XXX |  | Resolved-Received EIN - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130435 | XXX | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied for not meeting housing history guidelines, non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception in file for XXX living rent free, not with family. The apartment is above one of the businesses that the borrower is part owner of. The business holds a loan against the property which includes a gas station and convenience store. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied for not meeting housing history guidelines, non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. | Credit Score: XXX<br> Reserves: XXX months<br> DTI: XXX%<br> Residual Income: $XXX<br> Employment Stability: XXX years |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130436 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-XXX has been provided, p. XXX. - Due Diligence Vendor-XXX<br> Open-XXX provided. Missing XXX Month XXX. - Due Diligence Vendor-XXX |  | Resolved-Satisfactory XXX has been provided, p. XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves. <br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130436 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Updated 1003 provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-XXX or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. If the Note is signed as the member or business representative and as an XXX or guarantor, the borrower(s) are not required to sign a XXX. - Due Diligence Vendor-XXX |  | Resolved-Updated 1003 provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves. <br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130436 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The borrower signed the Note as an XXX. - Due Diligence Vendor-XXX<br> Open-The Subject Loan is a XXX but the Guaranty Agreement Doc is 'Missing'. Missing the Guaranty Agreement - Due Diligence Vendor-XXX |  | Resolved-The borrower signed the Note as an individual. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves. <br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130474 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130473 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130499 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Received Post Close Asset verification as XXX business days prior to Note Date. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. asset reverification - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Balances of qualifying assets must be verified within XXX days of Note Date. XXX (XXX) dated XXX is verifying the balance on XXX. Note date is XXX. - Due Diligence Vendor-XXX |  | Waived-Received Post Close Asset verification as XXX business days prior to Note Date. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130483 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received XXX confirming XXX along with supporting documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached XXX documents, this is add'l information provided for immigration documents and were submitted to the XXX exception email as well on XXX - Buyer-XXX<br> Counter-Received communication regarding status of renewal-file does not reflect receipt of renewal only attorney letter confirming sent. Documentation is insufficient-exception required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached email, it appears we were given the exception for the XXX with the documentation that was provided and the exception form was emailed in - Buyer-XXX<br> Open-The borrower's XXX is expired at closing. Guidelines require an XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX confirming auto renewal along with supporting documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130464 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Property | Resolved-Upon further review, the square footage for the property type meets the guideline requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Total Sq Ft is > than XXX sqft. XXX Uploaded - Buyer-XXX<br> Open-Units XXX are less than XXX sq feet. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the square footage for the property type meets the guideline requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130640 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130649 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Upon further review, the appraisal reflects the cost-new and coverage is within the guideline requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing evidence of sufficient property dwelling coverage that meets the following criteria: Hazard Insurance coverage should be in the amount of the lesser of: <> XXX% of the insurable value of improvements, as established by the property insurer or reputable XXX (i.e., XXX); <> Estimated cost to replace as notated on appraisal delivered with loan file (Total Estimate of Cost-New) OR XXX from insurance provider/agent; <>The unpaid principal balance of the mortgage. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the appraisal reflects the cost-new and coverage is within the guideline requirements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130646 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130633 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Payment Letter - Buyer-XXX<br> Open-Missing XXX payment letter. - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130461 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX Right of Rescission Test | Resolved-Received PCCD XXX, disbursement date XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD attached with disbursement date of XXX - Buyer-XXX <br> Open-This loan failed the XXX right of rescission test.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 XXX business day following consummation.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. -----Provide PCCD with disbursement date after the XXX expiration date. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, disbursement date XXX - Due Diligence Vendor-XXX | CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130461 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130371 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130497 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received email XXX confirming no new debts from inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received email XXX confirming no new debts from inquiries. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130497 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received uw attestation Full Review Type XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Seller-XXX<br> Open-Missing Warrantability Documentation. Missing XXX and/or documentation clearly stating whether the property is a XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX - Seller-XXX | Resolved-Received uw attestation Full Review Type XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130497 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received executed intent to proceed. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing executed Intent to Proceed. Appraisal fee in section XXX are paid outside of closing, provide executed intent to proceed. - Due Diligence Vendor-XXX |  | Resolved-Received executed intent to proceed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130497 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-Required Affiliated Business Disclosure Missing Provide Affiliated Business Disclosure for proper fee testing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130343 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | XXX: The Lender did not document all XXX Factors | Resolved-XXX: The Lender documented all XXX Factors or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Large deposits must be sourced as income-ratios will exceed XXX%-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-we should not need to source the following - XXX XXX $XXX and XXX $XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok - XXX and XXX - Seller-XXX<br> Open-XXX: The Lender did not document all XXX Factors B2 large XXX XXX and XXX , XXX and XXX were XXX included in debts. Lender excluded. Need to source and document. Auditor included. if excluded then income will not be excessive. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-we should not need to source the following - ATM deposits XXX $XXX and XXX $XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok -[XXX $XXX and XXX $XXX - Seller-XXX | Resolved-XXX: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130343 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received supporting documentation confirming XXX are business related. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Large deposits must be sourced as income-ratios will exceed XXX%-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-we should not need to source the following - XXX XXX and XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok - XXX and XXX - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines Borrower to provide verification of XXX XXX and XXX , XXX and XXX supporting the income. Additional conditions may apply - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-we should not need to source the following - ATM deposits XXX $XXX and XXX $XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok -[XXX $XXX and XXX $XXX - Seller-XXX | Resolved-Received supporting documentation confirming ATM deposits are business related. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130343 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Received supporting documentation confirming XXX are business related. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller XXX<br> Counter-Large deposits must be sourced as income-ratios will exceed XXX%-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-we should not need to source the following - XXX XXX and XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok - XXX and XXX - Seller-XXX<br> Open-Need documentation on XXX on B2 XXX.<br> XXX deposits XXX and XXX , XXX and XXX were large atm deposits included in debts. Lender excluded. Need to source and document. Auditor included. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-we should not need to source the following - ATM deposits XXX $XXX and XXX $XXX (since they are not above XXX% of average monthly) - these can be excluded and our DTI will be ok -[XXX $XXX and XXX $XXX - Seller-XXX | Resolved-Received supporting documentation confirming ATM deposits are business related. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130343 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-XXX confirms the borrower is the only owner of the business. - Due Diligence Vendor-XXX<br> Counter-XXX does not disclose the % of ownership. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-our guidelines do not require an operating agreement - we provided documentation as proof borrower owns XXX% of the business - Seller-XXX<br> Counter-documentation received is insufficient-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing LOX XXX% access ltr to used these funds. - Due Diligence Vendor-XXX | Ready for Review-our guidelines do not require an operating agreement - we provided documentation as proof borrower owns XXX% of the business - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-CPA letter confirms the borrower is the only owner of the business. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130459 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130652 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved-Received the Appraiser XXX Narrative. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal with XXX - Buyer-XXX<br> Counter-Documentation received is insufficient-Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal - Buyer-XXX<br> Open-Missing XXX or short term rent analysis. Per XXX notes short term rents were utilized. Loan file missing confirmation of market rents in the amount of XXX. DSCR calculation to be re-calculated upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received the Appraiser STR Narrative. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130440 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Trust/XXX Does Not Meet Guideline Requirements | Waived-Client exception granted to allow to close in trust on this DSCR file . Non-material waiver applied to finding with compensating factors.<br> Low LTV, sufficient reserves. - Due Diligence Vendor-XXX<br> Open-XXX Does Not Meet Guideline Requirements Exception request to close in a Trust under the XXX. Email exception approval in loan file - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow to close in trust on this DSCR file . Non-material waiver applied to finding with compensating factors.<br> Low LTV, sufficient reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX - Actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months | Credit score XXX<br> DSCR XXX%<br> XXX months subject PITIA in reserves<br> XXX subject mtg history<br> LTV XXX% |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130373 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008-dscr - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130493 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130426 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130408 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX-Credit | Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open- Prepayment addendum not provided. - Due Diligence Vendor-XXX |  | Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130408 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Additional valuation product has not been provided. XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130485 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Executed XXX is Missing | Resolved-Received XXX for B2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower XXX Executed XXX is Missing Missing XXX for B2 - Due Diligence Vendor-XXX |  | Resolved-Received XXX for B2 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130485 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. recorded mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description in mortgage chain. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130512 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130653 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130475 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130434 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX Initial Closing Disclosure Date and Funding Date Validation Test | Resolved-Received PCCD XXX, disbursement date XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-This loan failed the XXX 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 shows disbursement date of XXX, but closing date is XXX. Provide evidence the loan did not disburse prior to closing. <br> - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, disbursement date XXX - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - The Borrower has been employed in the same industry for XXX years. <br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130429 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Verification of Business. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Verification of Business - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing The Borrower is Self Employed. - Due Diligence Vendor-XXX |  | Resolved-Received Verification of Business. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Verified employment history exceeds guidelines - The Borrower has been Self Employed in the same Business for XXX years. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130407 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130478 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX Not Allowed for Program | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-XXX Not Allowed for Program Exception request for XXX. Based on guides XXX are not eligible. The borrower and the seller have a XXX. Email approved exception in loan file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% | Credit score - XXX pts above requirement<br> DTI - XXX% below max<br> Residual income - $XXX/month above requirement<br> Credit history - clean credit profile |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130465 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income/Employment General | Waived-Originator exception granted to proceed without internet business search, Non-material waiver applied with comp factors. non-material due to credit report reflects the borrower's self-employment. B1 is an XXX. Lender exception for lender guides. Meets client guidelines. - Due Diligence Vendor-XXX<br> Open-Loan file is missing the internet search of the business with documentation included in the credit file to support the existence of the business. Lender exception to waive the requirement, stating the credit report reflects the borrower's self-employment. - Due Diligence Vendor-XXX |  | Waived-Originator exception granted to proceed without internet business search, Non-material waiver applied with comp factors. non-material due to credit report reflects the borrower's self-employment. B1 is an independent dispatcher. Lender exception for lender guides. Meets client guidelines. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI ratio, XXX% max allowed.<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%. | Credit report reflects the borrower's self-employment |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2025130449 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure provided. - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130656 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX in Control of the XXX | Resolved-Subject Property is XXX - project review is waived. Property does meet all basic property requirements. - Due Diligence Vendor-XXX<br> Counter-Documentation is insufficient-XXX confirmation the project conveyed to purchasers or date of projected release-per XXX review is waived, with the exception of some basic requirements that may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: This finding is not valid due to XXX do not require XXX for XXX per XXX guidelines. XXX (see XXX, XXX "XXX") Also, the property was built in XXX in which could be a possibility in transition over to XXX. - Buyer-XXX <br> Open-XXX is in control of XXX - Due Diligence Vendor-XXX |  | Resolved-Subject Property is Detached XXX - project review is waived. Property does meet all basic property requirements. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130656 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-XXX provided supporting original appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX not needed XXX score a XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. - Due Diligence Vendor-XXX |  | Resolved-XXX CU provided supporting original appraised value. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130656 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding with compensating factors. To proceed on XXX w/property removed less than XXX month from application (after application date) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request form for less than XXX days - Buyer-XXX<br> Ready for Review-Document Uploaded. Exception for the XXX days of application date - Buyer-XXX<br> Open-XXX for sale and removed < XXX days from application. Approval email not in the file. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. To proceed on XXX loan w/property removed less than XXX month from application (after application date) - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX | XXX fico<br> XXX DSCR<br> XXX months of reserves | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130637 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130369 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. DSCR Calculation is missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130632 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received XXX confirming sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX provided in pages XXX XXX of XXX provided and XXX is for XXX.<br> - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-XXX |  | Resolved-Received XXX confirming sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130627 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130420 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Title Supplement confirming sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). No insured amount reflected and no supplemental report found in file - Due Diligence Vendor-XXX |  | Resolved-Received Title Supplement confirming sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130368 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received Client attestation to no affiliates. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please attached, no affiliates. - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-XXX |  | Resolved-Received Client attestation to no affiliates. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI XXX%, XXX% maximum DTI allowed.<br> CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). Final CD XXX lender credit for increase in closing costs above legal limit, $XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX for review - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX (XXX%) tolerance fees increased by XXX ($XXX) (Discount pts, Origination, tax service, appraisal, credit, flood cert and Mers fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. There is a lender credit for fee's above legal limit on Final Cd XXX in the amount of $XXX. - Due Diligence Vendor-XXX |  | Resolved-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 $XXX.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). Final CD XXX lender credit for increase in closing costs above legal limit, $XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI XXX%, XXX% maximum DTI allowed.<br> CLTV is less than guidelines maximum - XXX% CLTV ratio, XXX% maximum CLTV allowed. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130341 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exhibit A - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130517 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Approval/10098 is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130517 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received executed Not the Same Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX Requirements---"Judgments that belong to XXX or of a similar name may appear on the XXX . In these instances, the applicant must sign an affidavit at closing, to satisfy the title company, which states they are not the person(s) named in the judgement(s)." - Seller-XXX<br> Open-Property Title Issue Schedule XXX reports multiple liens and judgements. The borrower is required to pay-off all open judgements,<br> garnishments, and liens (including mechanics liens or XXX) prior to or at loan closing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX Requirements---"Judgments that belong to another person or of a similar name may appear on the preliminary title report. In these instances, the applicant must sign an affidavit at closing, to satisfy the XXX company, which states they are not the person(s) named in the judgement(s)." - Seller-XXX | Resolved-Received executed Not the Same Affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130517 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received originators income calculation worksheet, all statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached XXX and XXX - Seller-XXX<br> Counter-Received XXX and XXX. Please provide XXX and XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. missing statements - Buyer-XXX<br> Counter-Received XXX analysis-\*NEW\*-audit is missing XXX XXX, XXX-pleae provide for review. Additional conditions may apply - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. worksheet - Seller-XXX <br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Worksheet is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached XXX XXX and XXX XXX - Seller-XXX<br> Ready for Review-Document Uploaded. worksheet - Seller-XXX | Resolved-Received originators income calculation worksheet, all statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130517 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. inquiries - Buyer-XXX<br> Open-XXX for credit inquiries is missing. A written explanation for credit inquiries in the last XXX days is required for XXX. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130517 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-XXX (XXX%) tolerance fees increased by $XXX (Document Preparation Fee) without a valid XXX in file. Lender credit of $XXX on final CD. - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). ----- XXX (XXX%) tolerance fees increased by $XXX (Document Preparation Fee) without a valid XXX in file. Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX |  | Resolved-XXX (XXX%) tolerance fees increased by $XXX (Document Preparation Fee) without a valid XXX in file. Lender credit of $XXX on final CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required. |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received acceptable XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOR signed - Buyer-XXX<br> Counter-Received XXX- is not signed-name is only printed. Provide acceptable confirmation completed by party. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX is required. - Due Diligence Vendor-XXX |  | Resolved-Received acceptable VOR. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | XXX: The Lender did not document all XXX Factors | Resolved-Received XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The tax bill lists XXX, but we've confirmed that XXX and XXX are the same property. - Seller-XXX<br> Open-ATR: The Lender did not document all ATR Factors Missing documentation of PITIA for XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The tax bill lists XXX, but we've confirmed that XXX and XXX are the same property. - Seller-XXX | Resolved-Received XXX on XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed XXX is acceptable or the loan is a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The tax bill lists XXX, but we've confirmed that XXX and XXX are the same property. - Seller-XXX<br> Open-The Final Reviewed XXX is 'ATR/QM: Status Pending' on a XXX. Missing documentation of PITIA for XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The tax bill lists XXX, but we've confirmed that XXX and XXX are the same property. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX XXX, refund of $XXX, remaining balance is rounding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PC CD for refund - Seller-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). ----- XXX (XXX%) tolerance fees increased by $XXX (XXX Cert Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. [XXX in file dated XXX is invalid as it does not show why XXX Cert Fee increased, all other increases are due to rounding and are XXX]<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. PC CD for refund - Seller-XXX | Resolved-Received PCCD XXX, refund of $XXX, remaining balance is rounding. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Underwriter Attestation | Resolved-1008 reflects Type XXX review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. condo warranty - Buyer-XXX<br> Open-XXX and/or documentation clearly stating whether the property is a XXX must be delivered with the file. - Due Diligence Vendor-XXX |  | Resolved-1008 reflects Type Q limited review. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Lender to provide XXX approval or XXX. - Due Diligence Vendor-XXX |  | Resolved-Received HOA questionnaire. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130453 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received bank statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Income worksheet - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Income worksheet - Seller-XXX | Resolved-Received bank statement analysis. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI, program allows to XXX%<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130339 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Property | XXX disaster (XXX) after appraisal without a XXX or XXX | Waived-Blanket waiver applied public assistance - Due Diligence Vendor-XXX<br> Open-XXX XXX after appraisal without a XXX or XXX. XXX, XXX, Flooding, Landslides, and XXX (XXX) Incident Period: XXX - Public - Due Diligence Vendor-XXX |  | Waived-Blanket waiver applied public assistance - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR = XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130280 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received XXX confirmation no XXX and XXX # in lieu of. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. EIN XXX - Buyer-XXX<br> Open-The Business Entity Formation Document is incomplete Missing business XXX for XXX. Per guidelines XXX (Employer Identification Number – EIN). In any case where a XXX is using XXX in lieu of XXX, provide XXX cert or supporting documentation to confirm - Due Diligence Vendor-XXX |  | Resolved-Received UW confirmation no EIN and XXX # in XXX of. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130280 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing lender required copy of the XXX or equivalent i.e. customer commitment leer, 1008, and/or Seller approval - Due Diligence Vendor-XXX |  | Resolved-Received Approval. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130280 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130629 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal description uploaded<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> DSCR % greater than XXX - DSCR = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130421 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client Waiver applied to Non-Material finding for LTV - with comp factors<br> - Due Diligence Vendor-XXX<br> Ready for Review-Client Waiver applied to Non-Material finding for LTV - with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Counter-Documentation received is insufficient-LTV guidelines restrict to first time investors to XXX% - original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Neither the XXX nor the XXX guidelines require the borrower to have a XXX within the last XXX years<br> - The XXX and Access guidelines state: "At least XXX borrower on the file must have at least a XXX-month history of owning and managing rental properties, though it does not need to have been in the most recent XXX years" - Buyer-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Borrower has not owned an XXX in the previous XXX years. XXX max LTV = XXX% - Due Diligence Vendor-XXX |  | Waived-Client Waiver applied to Non-Material finding for LTV - with comp factors<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - o XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - o Qualifying credit score XXX; minimum required XXX. | Excessive reserves, strong fico score, high DSCR score. | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130477 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130296 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Borrower refunded difference on XXX from Settlement Statement. XXX updated. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We did collect incorrect XXX and refund was provided to borrower - Buyer-XXX<br> Counter-Reviewer is unable to confirm XXX considered. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Per dec page premium of $XXX - A different amount was collected at closing. - Due Diligence Vendor-XXX |  | Resolved-Borrower refunded difference on XXX from Settlement Statement. XXX updated. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has XXXxXXX on the Credit History. <br> Months Reserves exceed minimum required - The Borrower has XXX in reserves. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130395 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received rent free letter as mortgage is in spouse name only. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Please provide the rent free letter from borrowers spouse. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements XXX month mortgage history for XXX # XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received rent free letter as mortgage is in spouse name only. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXXmonths PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report and supporting documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing from file - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report and supporting documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX project is ineligible | Waived-Client exception granted to allow XXX concentration > XXX% . Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception and approval - Seller-XXX<br> Open-\*New\* - XXX exceeds the maximum allowed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception and approval - Seller-XXX | Waived-Client exception granted to allow XXX > XXX% . Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX | There will be an Exception XXX hit of XXX that will apply for this specific exception. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX <br> Open-Missing Evidence of Property Tax XXX or tax certification - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Document Missing | Resolved-Received commitment. - Due Diligence Vendor-XXX<br> Open-Title Document is missing Must also include the XXX month chain and proper coverage - Due Diligence Vendor-XXX |  | Resolved-Received commitment. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Cert - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. flood - Seller-XXX<br> Open-Missing Flood Certificate Missing from file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. flood - Seller-XXX | Resolved-Received Flood Cert - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-XXX was not attached. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. hazard - Seller-XXX<br> Open-XXX is Missing Missing from file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. master - Seller-XXX<br> Open-Missing XXX Must contain all proper adequate coverages. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. master - Seller-XXX | Resolved-Received XXX- Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Required forms/disclosures missing | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Open-Missing XXX payment letter. - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing from file - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 indicating warrantability - Seller-XXX<br> Open-Missing Warrantability Documentation. Missing lender attestation of warrantability - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 indicating warrantability - Seller-XXX | Resolved-Received UW attestation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing from file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved-Received Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-The file does not contain the required structural engineer report per XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Contract - Buyer-XXX <br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-XXX was not attached. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Project must meet guidelines, any open litigation must be addressed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Questionnare - Seller-XXX | Resolved-Received XXX Questionnaire - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing assets in loan file - Due Diligence Vendor-XXX |  | Resolved-Received assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130338 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - XXX XXX XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130636 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calculation Worksheet<br> - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130444 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Confirmed the XXX has a XXX. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property No XXX in XXX. Subject is a purchase of a XXX - Due Diligence Vendor-XXX |  | Resolved-Confirmed the kitchen has a stove hook-up. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130348 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130345 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated prelim reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. TITLE COMMITMENT - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage not sufficient - Due Diligence Vendor-XXX |  | Resolved-Received updated prelim reflecting sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130442 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Received Corrected XXX and attestation of re-recording. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Revision of the XXX to be re-recorded & Messages of intent below<br>Here are the documents again. XXX and XXX (with replacement XXX) will be recorded upon receipt of $XXX recording fee.<br>Hope this works--not interested in spending a lot more time on this.<br>Thanks---<br>XXX<br> XXX<br> XXX<br> XXX<br> XXX<br> XXX<br> Open-Prepayment Penalty is not allowed. The subject property is located in XXX and contained a XXX with a XXX% charge; however, XXX only allows XXX% or less of the original amount. - Due Diligence Vendor-XXX |  | Resolved-Received Corrected XXX and attestation of re-recording. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months per XXX, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130651 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Lender has submitted updated 1003 along with Front and Back of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final signed 1003 in file upload pgs XXX-XXX is the correct final 1003, showing XXX. - Buyer-XXX<br> Counter-Received front of XXX-please provide copy of back as well. Missing corrected 1003 as well. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing It should be noted the initial loan application reflects the borrower is a XXX. The loan file is missing the borrower's XXX (or other XXX) or a new/updated loan application reflecting the correct XXX, signed and dated by the borrower, is required. - Due Diligence Vendor-XXX |  | Resolved-Lender has submitted updated 1003 along with Front and Back of Permanent Resident Card - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI ratio XXX%, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130651 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received statement printout confirming XXX cleared and sufficient reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Seller-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) guides require XXX months PITI reserves for loans less than $XXX. The borrower's verified assets resulted in XXX months of verified reserves. It should be noted that the XXX XXX form indicates a transaction history statement through XXX was obtained to verify the borrower's XXX XXX. However, the transaction history statement was missing from the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX - Seller-XXX | Resolved-Received statement printout confirming XXX cleared and sufficient reserves. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI ratio XXX%, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130651 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX with evidence of delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open------Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX with evidence of delivery. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI ratio XXX%, XXX% maximum DTI allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130644 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial locked XXX reflects disclosed Lender Credit XXX. I am not sure what is needed to get this finding cleared.<br> - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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 to rounding - Due Diligence Vendor-XXX |  | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130624 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX form. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX document - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Identification Form - Due Diligence Vendor-XXX |  | Resolved-Received XXX form. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Borrower has XXX months mortgage reporting history for REO XXX XXX (XXX recent & XXX months prior to transfer); XXX for primary rental shows paid as agreed since XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130624 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Uploading again the legal discription that was at the end of the mortgage and note, last page - Buyer-XXX<br> Counter-Legal from XXX provided. Please provide the Legal attached to the mortgage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. legal description uploaded<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Borrower has XXX months mortgage reporting history for REO XXX XXX (XXX recent & XXX months prior to transfer); XXX for primary rental shows paid as agreed since XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130622 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Status of good standing documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX of XXX Of XXX Lookup, business is in good Standing.<br> - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing A 3rd party verification that the business is in existence, in good standing and active is required. The file only contains the XXX. Missing VOE/Business Entity lookup<br> - Due Diligence Vendor-XXX |  | Resolved-Received Status of good standing documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130622 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received Note signed by both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Borrower XXX did not sign note. - Due Diligence Vendor-XXX |  | Resolved-Received Note signed by both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130622 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Closing Disclosure | Resolved-Received CD XXX with evidence of receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD - Buyer-XXX<br> Open-Missing Initial CD - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX with evidence of receipt. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130619 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130469 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130418 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - XXX page XXX of XXX provided - Buyer-XXX<br> Counter-Received XXX-missing XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct Title Report and Security Instrument. - Buyer-XXX<br> Counter-Commitment provided is not for the subject. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached page XXX<br> - Buyer-XXX<br> Counter-Received XXX-missing XXX months XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Commitment - Buyer-XXX<br> Open-Title Document is missing Missing title report. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130479 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Waived-Received post-close XXX with no new inquires or debt opened prior to closing, finding deemed non-material. Client waiver applied to non-material findings with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Counter- Per XXX uploaded there are XXX . Please provide XXX for all credit inquiries along with statements for any XXX opened. Any new accounts will be added in to DTI. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit > XXX days form closing. - Due Diligence Vendor-XXX |  | Waived-Received post-close XXX with no new inquires or debt opened prior to closing, finding deemed non-material. Client waiver applied to non-material findings with comp factors - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX, minimum required XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130479 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Named Insured on XXX does not match XXX Name | Resolved-Document Uploaded. Subject is a XXX-XXX - XXX- there is XXX. Insurance is provided by XXX/XXX which is allowed per XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached lender cert and XXX - Buyer-XXX<br> Open-Named Insured on XXX does not match XXX Name XXX reflects XXX & XXX seller name, per appraisal, XXX project is XXX. - Due Diligence Vendor-XXX |  | Resolved-Document Uploaded. Subject is a XXX - Self-Managed - there is No XXX. Insurance is provided by builder/Developer which is allowed per XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX, minimum required XXX. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130479 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted to allow missing XXX, Non-material waiver applied with comp factors. non-material due to borrower has excellent payment history prior. Builder delayed closing and borrower moved in subject. - Due Diligence Vendor-XXX <br> Open-Housing History Does Not Meet Guideline Requirements No housing pay history from XXX to present. Borrower sold previous XXX to purchase the subject property, closed on XXX.<br> The XXX/XXX was not able to meet the original closing date and had multiple delays. The seller allowed borrower to move into the subject<br> property in XXX due to the challenges meeting the closing date. The borrower paid XXX for XXX and XXX rent per Seller letter. There is no<br> documentation to prove as the borrower paid cash. Borrower's previous mortgage history from XXX paid as agreed. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow missing XXX, Non-material waiver applied with comp factors. non-material due to borrower has excellent payment history prior. Builder delayed closing and borrower moved in subject. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX, minimum required XXX. | FICO XXX, DTI XXX%, Reserves XXX mon |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received legible copy - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: B2 – XXX - Seller-XXX<br> Open-Borrower XXX Documentation Is Missing B2 XXX documentation is incomplete. The top of the back of the XXX is cut off. Missing Form number, XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See attached: B2 – Permanent Resident Card - Seller-XXX | Resolved-Received legible copy - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received XXX XXX, property type change, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). ----XXX (XXX%) tolerance fees (Recording Fee) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX, property type change, finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX XXX, lender credit decrease, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX <br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). ---- Lender credit decreased from XXX to $XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX, lender credit decrease, finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130344 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130327 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting document - Buyer-XXX<br> Counter-Documentation received is insufficient-please provide Business Purpose Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing business purpose disclosure - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX (of which XXX is own funds)<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130315 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX.<br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calc - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Calc - Seller-XXX | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo ID - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received photo ID - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received originators approval - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing lender required copy of the XXX approval or equivalent - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Lender approval - Seller-XXX | Resolved-Received originators approval - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX month chain is included in XXX<br> - Buyer-XXX<br> Open-XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130502 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow XXX. Non-material waiver applied to finding with compensating factors.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Received duplicate documentation. Revised: 1- Provide XXX validation for tax preparer 2-provide originators exception request. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. The tax preparer is XXX who is a certified consultant with XXX Consulting. Uploaded business search. - Buyer-XXX<br> Open-Tax preparer letter stating borrower ownership does not indicate the type of credentials the preparer has.<br> Note: Once an acceptable letter is obtained, the exception in file does NOT suffice as it is not from XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow PTIN tax preparer. Non-material waiver applied to finding with compensating factors.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | There will be an Exception XXX hit of XXX that will apply for this specific exception. | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130354 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received pre closing VVOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received pre closing XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX monhs, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130354 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received XXX letter and validation confirming XXX% ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Letter from XXX plus third party verification - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing Missing evidence of business for the previous XXX years. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received CPA letter and validation confirming XXX% ownership. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX monhs, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130354 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-The borrower qualified XXX . - Due Diligence Vendor-XXX<br> Open-Income and Employment Do Not Meet Guidelines Borrower provided a XXX from XXX reflecting a negative income of $XXX - additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-The borrower qualified utilizing bank statements. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX monhs, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130354 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX monhs, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130641 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Legal description provided. - Due Diligence Vendor-XXX <br> Ready for Review-the legal desc. uploaded was recorded with Mortgage. Please clear. - Buyer-XXX<br> Counter-Legal from Title provided. Please provide the Legal Description attached to the Mortgage/DOT. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Deed of Trust is Incomplete Missing exhibit A-Legal description - Due Diligence Vendor-XXX |  | Resolved-Legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130481 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130356 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130304 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DSCR Calc - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR - Due Diligence Vendor-Thanks for providing the Draft Narrative, XXX, and Attestations. We'll review everything and circle back once we're ready for the Reliance Letter and signed docs | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX is above the minimum required DSCR of XXX <br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130304 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX-non expired at closing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX id - Due Diligence Vendor-XXX |  | Resolved-Received photo ID-non expired at closing. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX is above the minimum required DSCR of XXX <br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130284 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130279 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. recorded DOT - Buyer-XXX <br> Counter-Legal from XXX provided, please provide the legal attached to the mortgage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130279 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo id's - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-XXX for the spouse provided. Please provide the XXX for the borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received photo id's - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130657 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing copy of the Legal Description attached to the Mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Months Reserves exceed minimum required - Borrower has XXX months of reserves and only needs XXX months to qualify. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130300 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130416 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130413 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130638 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with Legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description in XXX. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Min XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130638 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Closing Disclosure not received by the borrower XXX days prior to consummation | Resolved-Received CD XXX, evidence of receipt XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and tracking - Buyer-XXX<br> Open-Missing initial CD - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX, evidence of receipt XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Min XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130638 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXX and XXX is XXX) Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXX and Occupancy is Primary Residence) Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Min XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) credco disclosure<br> 2) XXX reprt - Buyer-XXX<br> Counter-Credit Score Disclosure provided, please provide the XXX Report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. credit score disclosure - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing , - Due Diligence Vendor-XXX |  | Resolved-Received XXX Credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum at XXX is XXX%; current LTV is XXX.XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Property Profile shows tax amount - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing Taxes on the Exiting Property. - Due Diligence Vendor-XXX |  | Resolved-Received XXX taxes. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum at XXX is XXX%; current LTV is XXX.XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130387 | XXX | D A | Closed | XXX | XXX | XXX | 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 on page XXX. - Due Diligence Vendor-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VVOE ; VVOE XXX business days prior to note date of XXX. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 3rd Party XXX Prior to Close Was Provided on page XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum at XXX is XXX%; current LTV is XXX.XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130387 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, the loan file contained all required credit inquiry documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. email from processor explaining credit inquiry - Buyer-XXX<br> Counter-Credit Score Disclosure provided, please provide the XXX for the inquiry. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit score disclosure - Buyer-XXX <br> Open-XXX for credit inquiries is missing. Missing Credit Inquiry letter for XXX/XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required credit inquiry documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers credit score is XXX; guideline minimum at XXX is XXX%; current LTV is XXX.XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130655 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Docs provided - Seller-XXX<br> Counter-Borrower ability to Repay Attestation. Pending receipt of missing compliance documents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending compliance documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Docs provided - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130655 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-The legal desc. provided is the legal that was recorded with the Mortgage. Can you please clear? - Seller-XXX<br> Counter-Legal from the commitment provided. Please provide the Legal Description attached to the Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Legal Description is missing from DOT. - Due Diligence Vendor-XXX | Ready for Review-The legal desc. provided is the legal that was recorded with the Mortgage. Can you please clear? - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130655 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX, evidence of receipt XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. ICD and tracking - Seller-XXX<br> Open------Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX and tracking - Seller-XXX | Resolved-Received CD XXX, evidence of receipt XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130630 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130623 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prem w/ XXX from XXX. Why does this not suffice?<br> - Buyer-XXX<br> Open-XXX provided. Missing XXX month XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130390 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received executed DOT including exhibit A. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A is not attached to Mortgage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage - Seller-XXX | Resolved-Received executed DOT including exhibit A. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130390 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received initial XXX XXX. Fees tested correctly. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial loan estimate - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). XXX (XXX%) tolerance fees increased by XXX without a valid XXX in file. File is also missing the initial XXX provided within XXX days of application date of XXX. Provide initial XXX for further testing OR a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> Initial XXX not provided within XXX days of Application date.<br>- Due Diligence Vendor-XXX |  | Resolved-Received initial XXX XXX. Fees tested correctly. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130390 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received initial XXX XXX. Fees tested correctly. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial loan estimate - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). -----XXX (XXX%) tolerance fees (XXX, Settlement or Closing Fee, Title - Notary Fee) increased by $XXX without a valid XXX in file. File is also missing the initial XXX and XXX provided within three days of application date of XXX. Provide initial XXX and XXX for further testing or provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br>- Due Diligence Vendor-XXX |  | Resolved-Received initial XXX XXX. Fees tested correctly. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130390 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Received initial XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial loan estimate - Seller-XXX<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX 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 $XXX, 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 XXX business days after application). This test excluded the following days from the XXX count based on the client preferences configured on the company settings business days profile page:As not being open on XXX not being open on XXX (XXX)As not being open on XXX 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 XXX are closed to the public for carrying on substantially all of its XXX. 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 XXX business day after the creditor receives the consumer's application. Missing initial XXX dated within XXX days of Application date. Additional Findings may apply upon receipt. Statue of Limitations - XXX year, expiration date XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Initial loan estimate - Seller-XXX | Resolved-Received initial XXX XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130443 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130325 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received Trust Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Trust Certification - Buyer-XXX<br> Open-Trust/POA Does Not Meet Guideline Requirements Missing Trust documents from loan file - Due Diligence Vendor-XXX |  | Resolved-Received Trust Cert. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130325 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received purchase contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Purchase contract - uploaded as batch condition document due to error when attaching to condition-XXX, XXX - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received purchase contract. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130245 |  | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Investor accepts current XXX therefore deemed non-material. Client waiver applied to non-material findings - Due Diligence Vendor-XXX <br> Open-Prepayment Penalty is not allowed. Note has XXX-year step down prepay XXX%, XXX% and XXX%. Per guide XXX Year Prepayment Penalty should be XXX%, XXX%, XXX% - Due Diligence Vendor-XXX |  | Waived-Investor accepts current XXX therefore deemed non-material. Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130245 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing loan approval or 1008 for transaction. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130245 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR calculation form is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached. - Seller-XXX | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130337 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130433 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130433 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received XXX analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX worksheet - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX |  | Resolved-Received business bank statement analysis. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130433 | XXX | D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Missing Doc | XXX is Missing | Resolved-Received XXX and evidence of timely delivery. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The XXX disclosure is missing. There is no evidence of the date that the XXX was provided. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and evidence of timely delivery. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130450 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Borrower has recent mortgage history on credit report for additional property owned XXX - Due Diligence Vendor-XXX<br> Open-Borrower currently living Rent Free with someone other than Spouse. Borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis. - Due Diligence Vendor-XXX |  | Resolved-Borrower has recent mortgage history on credit report for additional property owned XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130450 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received Rent Free Letter. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX - Rent Free - Seller-XXX<br> Counter-Please provide the rent free letter from the borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-Received XXX dated XXX-noted Rent is not current. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing a VOR (and any applicable payment history documentation) for the borrower's current primary residence that they have been renting for the past XXX year and XXX months. Additional conditions may apply based on the following requirements:<br> 1. If was/is renting from a private party, obtain either a fully executed VOR OR the most recent lease for the property address in question. In either case, verification of timely payments made is required (either canceled checks front and back OR bank statements showing account ownership and payments debited by XXX).<br> 2. If was/is renting from a XXX, obtain a fully executed VOR. Otherwise, obtain the most recent lease, along with payment history ledger from management company, canceled checks front and back OR bank statements showing account ownership and payments debited by XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Rent Free - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received Rent Free Letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130450 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Please provide Fraud repor to confirm XXX to the transaction such as borrowers, entities holding title and all owners, sellers, realtors, realtor brokerages, closing attorney, lender/originator and loan officer were successfully checked and not included on these lists. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Counter-Received XXX-missing updated fraud report reflecting XXX through all exclusionary lists. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX Checklist - Seller-XXX<br> Open-XXX Not Checked with Exclusionary Lists The following interested parties to the transaction were not checked with Exclusionary Lists: realtors and realtor brokerages. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. LDP XXX Checklist - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130450 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX with a XXX score of XXX and CU score of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing a required XXX. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received SSR with a LCA score of XXX and CU score of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130450 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received VOR - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. VOR - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing verification/documentation of borrower's current housing history for XXX they have been renting for the past XXX year and XXX months. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received VOR - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130297 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received VOM-credit supplement confirming paid as agreed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOM - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing VOM for mortgage on the subject with XXX - Due Diligence Vendor-XXX |  | Resolved-Received VOM-credit supplement confirming paid as agreed. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130347 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130282 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130621 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-legal XXX is what recorded with the mortgage per, XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per prelim that is the legal on XXX. See complete report. legal XXX is what recorded with the mortgage per, XXX. - Buyer-XXX<br> Counter-Mortgage with XXX from the Commitment provided. Please provide the "Exhibit A: attached to the Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description not provided. - Due Diligence Vendor-XXX |  | Resolved-legal sch c is what recorded with the mortgage per, XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130270 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received Documentation of warrantability - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Warrantability Documentation. Final 1008 states, "There also is not a XXX% reserve but the XXX does have an annual maintenance budget for repairs that is separate from their XXX." - Due Diligence Vendor-XXX |  | Resolved-Received Documentation of warrantability - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130270 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX does not meet requirements | Waived-Client exception granted to allow XXX with XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Final 1008 states, "EXCEPTION APPROVAL has been obtained for bylaws have a XXX which doesn't impact servicers right of XXX<br> refusal.", however not provided. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX with XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. | There will be an Exception XXX hit of XXX that will apply for this specific exception. | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130270 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130303 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Updated assets provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. assets - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Missing assets listed on the application and not provided in the file. - Due Diligence Vendor-XXX |  | Resolved-Updated assets provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130303 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX . - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Finding issued for DTI ratio exceeds max with a XXX - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130303 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client waiver applied to non-material finding with compensating factors. XXX% DTI for XXX, max XXX%. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Approved to proceed with DTI of XXX% for XXX. - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Borrower's DTI exceeds the maximum for a XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Approved to proceed with DTI of XXX% for XXX. - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. XXX% DTI for XXX, max XXX%. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX | XXX fico<br> XXX months of reserves<br> $XXX residual income | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130303 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Attorney Preference Letter | Resolved-Received XXX Right to Choose Own XXX Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Right To Choose XXX or XXX Preference Not In File Please provide copy of attorney disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Right to Choose Own Attorney Disclosure. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130303 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The DTI is XXX%; guideline maximum is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130660 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present This appraisal was completed "subject to" the subject property being recorded on a separate deed as a XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130660 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Received complete rent free letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The VOR was signed by XXX it would not need to be signed by B1 as the letter is not written by her but for her - Buyer-XXX <br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Rent free letter provided - Not signed by B1 XXX. - Due Diligence Vendor-XXX |  | Resolved-Received complete rent free letter. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130660 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing acceptable XXX month pay history for subject loan. B1 acquired property in XXX, and Final CD reflect lien paid off to XXX. - Due Diligence Vendor-XXX |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130625 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with Legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrower FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130616 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received legible full copy of appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Full Appraisal-No cut off pages (Imported as batch condition document, doc error when attaching to condition-XXX) - Buyer-XXX<br> Open-The appraisal report in the loan file is cut off on the bottom of the pages. Provide appraisal with all pages in its entirety. - Due Diligence Vendor-XXX |  | Resolved-Received legible full copy of appraisal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130616 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final XXX w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. corrected title policy - Buyer-XXX <br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan amount is XXX, title coverage is XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130318 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130332 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130317 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Exhibit A - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----Mortgage is missing Legal Description "Exhibit A" - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score is XXX; guideline minimum is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130317 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-XXX-months bank statements provided, system updated per income calc. - Due Diligence Vendor-XXX<br> Open-Borrower 1 XXX Missing Missing XXX month Bank Statements from account XXX XXX. Audit used income reflected on Final 1003 / 1008. Income to be calculated upon receipt of bank statements. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-XXX-months bank statements provided, system updated per income calc. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score is XXX; guideline minimum is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130317 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-XXX-months bank statements provided, system updated per income calc. - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing XXX month Bank Statements from account XXX XXX. Audit used income reflected on Final 1003 / 1008. Income to be calculated upon receipt of bank statements. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-XXX-months bank statements provided, system updated per income calc. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO score is XXX; guideline minimum is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130428 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Partially Provided | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Received confirmation XXX paid-missing XXX - received application only. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. cd to show XXX year XXX paid - Seller-XXX<br> Open-XXX Partially Provided Missing XXX. Application in file page XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Ready for Review-Document Uploaded. cd to show XXX year XXX premium paid - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX%.<br> Credit history exceeds minimum required - The Borrower has had XXX XXX on the consumer credit history for more than XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130428 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD XXX, no Section XXX fees paid to lender/broker. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation XXX and that are provided by persons other than the creditor or mortgage broker. ------3rd Party Technology/Verification in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state XXX (for the benefit of) to said XXX. Provide a post close CD with correction within XXX days of discovery date. <br> - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, no Section B fees paid to lender/broker. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX%.<br> Credit history exceeds minimum required - The Borrower has had XXX XXX on the consumer credit history for more than XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130428 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX , XXX and XXX equaling XXX months statements for calculation - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing full XXX months Bank Statements from account XXX and XXX-audit unable to complete cash flow analysis. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX accounts, XXX and XXX equaling XXX months statements for calculation - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX%.<br> Credit history exceeds minimum required - The Borrower has had XXX XXX on the consumer credit history for more than XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130428 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Received XXX months business bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX, XXX and Truist equaling XXX months statements for calculation - Seller-XXX <br> Counter-Received XXX, XXX statements-missing complete XXX months. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing full XXX months Bank Statements from account XXX and XXX-audit unable to complete cash flow analysis. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX accounts, XXX and XXX equaling XXX months statements for calculation - Seller-XXX | Resolved-Received XXX months business bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX%.<br> Credit history exceeds minimum required - The Borrower has had XXX XXX on the consumer credit history for more than XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130428 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-Received documentation to support XXX years self employed - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Counter-Received bank statement-provide Operating Agreement or other acceptable documentation supporting sole proprietorship - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PROOF SELF EMPLOYED XXX - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Current business formed to XXX in XXX does not meet a full XXX years. \*Client exception in file for < XXX years self employed states borrower had a XXX prior to the LLC however there is no supporting documentation to show this, XXX does not indicate how long borrower was a XXX. Finding remains open and material<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Ready for Review-Document Uploaded. PROOF SELF EMPLOYED SINCE XXX - Seller-XXX | Resolved-Received documentation to support XXX years self employed - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX%.<br> Credit history exceeds minimum required - The Borrower has had XXX XXX on the consumer credit history for more than XXX months. | XXX FICO<br> Residual income over $XXX<br> Credit history XXX for XXX months on VOR | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130253 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130275 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130276 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130272 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. agmt - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. Loan guaranty must be executed as an XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130272 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX <br> Open-Missing XXX XXX with sufficient coverage is required. - Due Diligence Vendor-XXX |  | Resolved-Received XXX- Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130255 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Received Approval/Underwriting Summary - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130255 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal XXX - Seller-XXX<br> Counter-Legal from XXX provided, please provide the Legal attached to the mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to the DOT - The exhibits were provided but the legal description was not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Legal XXX - Seller-XXX | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130255 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DSCR Calculator - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Calculator - Seller-XXX | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130467 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130389 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Expired | Resolved-Received Current bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Asset XXX Expired - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Received Current bank statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130389 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd CD issued XXX along with XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation isXXX.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). -----XXX (XXX%) tolerance fees increased by XXX (Loan Discount Points) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Rec'd CD issued XXX along with XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130389 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX<br> Open-EXCEPTION to allow use of both XXX & XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% | Credit score - XXX<br> XXX mos reserves<br> Residual income is $XXX<br> LTV<br> Employment stability XXX years<br> Credit profile - low credit usage |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130389 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Exception in file. DTI XXX LTV XXX% Borrower was XXX his rent due to XXX of services. Borrower has a XXX account not used. Barrower has NO debt. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% | Credit score - XXX<br> XXX mos reserves<br> Residual income is $XXX<br> LTV<br> Employment stability XXX years<br> Credit profile - low credit usage |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130389 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Missing VOM or VOR | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Exception in file for no VOR. Borrower has been putting his rent in XXX as services are not being provided by XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% | Credit score - XXX<br> XXX mos reserves<br> Residual income is $XXX<br> LTV<br> Employment stability XXX years<br> Credit profile - low credit usage |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130472 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX Location Not Allowed for Program | Waived-Originator provided a waiver for rural property, wavier applied with reviewed compfactors - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Investor approval - Buyer-XXX<br> Counter-Received internal email exception-please provide exception request and client approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception approval - Buyer-XXX<br> Open-Primary Value Valuation XXX Not Allowed for Program XXX are eligible as primary residences only. - Due Diligence Vendor-XXX |  | Waived-Originator provided a waiver for rural property, wavier applied with reviewed compfactors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | Fico: XXX>XXX minimum required<br> Reserves: XXX months>XXX months required | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025130472 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received desk review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. For appraisals with a XXX greater than XXX, or for which no score or a score of XXX is provided, a XXX – (XXX) is required. - Due Diligence Vendor-XXX |  | Resolved-Received desk review. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130634 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130609 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Specific business purpose loan signed as XXX | Resolved-Upon further review, the loan file closed without prepayment penalty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Counter-Borrower signed as an XXX. Prepayment Penalty is not allowed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-XXX in XXX or XXX as XXX signed as XXX is not allowed. XXX in XXX as XXX signed as XXX is not allowed. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file closed without prepayment penalty. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130599 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Email received - "seller confirmed legal description provided was the one recorded with the mortgage." - Due Diligence Vendor-XXX<br> Counter-Please provide complete security instrument with legal description attached. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX in the closing package - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. No legal description found in or attached to DOT - Due Diligence Vendor-XXX |  | Resolved-Email received - "seller confirmed legal description provided was the one recorded with the mortgage." - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> DSCR % greater than XXX - Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130411 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached DOT with Exhibit A. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130437 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business purpose - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130437 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Credit supplement provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Supplement for XXX paid through XXX no Lates uploaded - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Mortgage payment history for XXX acct # XXX paid as agreed from XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Credit supplement provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130372 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing 1008/Approval - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130372 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX Missing XXX. Subject to confirmation of meeting XXX and premium as per final 1003. - Due Diligence Vendor-XXX |  | Resolved-Received bulk XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130333 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130305 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Receive complete appraisal with XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX for XXX, XXX and XXX provided. - Due Diligence Vendor-XXX |  | Resolved-Receive complete appraisal with color photos. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130305 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR given in file is a range, actual figure not specified. (Pg XXX) - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130311 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130310 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow for XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Request - Buyer-XXX<br> Open-Exception request for - There is a XXX that is "Per Unit" for $XXX and if you do the math (XXX total units/Property Coverage is XXX), the deductible percentage is XXX%<br> Exception approval not provided. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow for water deductible. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX | FTHB; XXX.pdf<br> XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2025130310 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure is Present or Not Applicable - Due Diligence Vendor-XXX<br> Open-Business Purpose and Occupancy Affidavit missing - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure is Present or Not Applicable - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130252 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130233 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received VOR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOR - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower currently rents; however, no VOR found in loan file. Bank statements do not reflect the rent amount withdrawn from either account. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130352 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130328 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX Initial Closing Disclosure Date and Date Creditor Received Application Validation Test | Resolved-Received initial 1003 XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 INITIAL - Buyer-XXX<br> Open-This loan failed the TRID initial closing disclosure date and date creditor received application validation test.This loan contains an initial closing disclosure receipt date (or initial closing disclosure delivery date if receipt date was not provided) that is before the date creditor received the application. Please review the loan data to ensure the dates are in the correct fields. ----Please provide initial application which corresponds with initial XXX dated XXX - Due Diligence Vendor-XXX |  | Resolved-Received initial 1003 XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Months Reserves exceed minimum required - Borrowers have XXX months of PITI reserves from cashout refinance, XXX months minimum required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130391 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client provided a waiver for Waived-Client provided a waiver for Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> Credit Score: XXX>XXX minimum<br> LTV: XXX% below maximum XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130391 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Upon further review, the Affidavit was located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see pages XXX for the signed the Business Purpose Affidavit Disclosure - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the Affidavit was located in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130353 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted to allow XXX on mortgage, Non-materialwaiver applied with comp factors. non-material due to loan was being paid off, reflects being paid off but reporting late afterwards. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Credit report is showing XXX mortgage lates in the last XXX months; however, it is XXX reporting and there was only XXX in the last XXX mon. Borrowers are purchasing a XXX for XXX of them with the other being a non-occupying co-borrower{he is the XXX of the other<br> borrower). XXX has >XXX in verified assets and we are doing an asset utilization loan. XXX had a mortgage on XXX of XXX that has been paid off but is reporting XXX XXX XXX, XXX & XXX . The borrower began the payoff process in XXX and due to issue with the service was not able to payoff the loan until XXX which made the XXX payment XXX- days late. <br>- Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX on mortgage, Non-materialwaiver applied with comp factors. non-material due to loan was being paid off, reflects being paid off but reporting late afterwards. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. | FICO - Reserves |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130292 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130614 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional quarterly savings statement reflecting sufficient reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX plus the other statement that was already been uploaded for XXX month reserves is XXX gift funds in the amount of XXX and emd were used for closing costs<br> - Seller-XXX <br> Counter-Received XXX verification. XXX months reserves < XXX months minimum required. Finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. page XXX shows check XXX date XXX XXX and cancelled check is on page XXX - Buyer-XXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing documentation to confirm sufficient assets to meet minimum closing cost and reserve requirements. XXX not validated, which directly impacted required reserves. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX plus the other statement that was already been uploaded for XXX XXX month reserves is XXX gift funds in the amount of XXX and emd were used for closing costs<br> - Seller-XXX | Resolved-Received additional quarterly savings statement reflecting sufficient reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>DSCR % greater than XXX - DSCR: 1.861 Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130614 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Information Form for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Identification Form - Due Diligence Vendor-XXX |  | Resolved-Received XXX Information Form for both borrowers. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130614 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Evidence of XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX shows check XXX date XXX XXX and cancelled check is on page XXX - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. XXX not validated, on CD and although a bank statement provided shows a $XXX draft there is no documentation to correlate the bank transaction, i.e. check copy to XXX on Closing Disclosure. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. page XXX shows check XXX date XXX XXX and cancelled check is on page XXX - Seller-XXX | Resolved-Evidence of XXX provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130614 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Property Detail Report. No mortgages are reporting on the primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Free and clear<br> - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence the primary housing is owned free and clear. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Free and clear<br> - Seller-XXX | Resolved-Received Property Detail Report. No mortgages are reporting on the primary residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130613 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130405 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130273 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130308 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value is supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing secondary valuation to support appraised value. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Value is supported. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> DSCR % greater than XXX - DSCR = 1.XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130196 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130196 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Resolved-Cash Out Meets Guideline Requirements - Due Diligence Vendor-XXX <br> Open-Cash Out Does Not Meet Guideline Requirements Subject is a cash out refinance; borrower purchased subject XXX less than XXX months seasoning. 1.Missing Proof of improvements since original purchase. The LTV/CLTV will be based on the lesser of the original purchase price plus improvements or current appraised value (initial audit using appraised value). 2.Missing documented original purchase price by the final Closing Disclosure (CD) from the property purchase. - Due Diligence Vendor-XXX |  | Resolved-Cash Out Meets Guideline Requirements - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130647 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received confirmation of title release and evidence of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cerfiticate of Conformity for XXX attached. - Buyer-XXX<br> Counter-Received sellers release for temporary Certificate of Occupancy-please provide final XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - this was not a work XXX, it was a certificate of occupancy holdback imposed by the XXX. Please clear - Buyer-XXX<br> Open-The file contains an XXX for a temporary XXX. In the agreement it indicates that repairs need to be completed. The guideline indicates for property type - work XXX are not permitted. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of XXX release and evidence of XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR =/> 1.00 and minimum is XXX or Less - Actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130631 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130602 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130370 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130603 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received final signed 1003 loan application for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-The Final 1003 is Missing Final signed loan application is missing. - Due Diligence Vendor-XXX |  | Resolved-Received final signed 1003 loan application for both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130603 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Information Form for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing XXX Identification Form for both borrowers. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Information Form for both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130256 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Previous history see page XXX - Seller-XXX<br> Counter-1003 does not accurately reflect a XXX year work history. Tax preparer letter Before opening XXX, XXX, she was self employed in the same line of work since XXX. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX <br> Counter-Documentation is insufficient-original finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Open-Missing XXX year employment history - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Previous history see page XXX - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received corrected 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX mos required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130256 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Employment Self-Employed Less Than XXX Years at Origination | Resolved-Received confirmation of self employment and reflecting on 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Previous history see page XXX - Buyer-XXX<br> Counter-Received XXX letter confirming previous self employment-missing documentation reflecting on final 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX <br> Open-Employment Self-Employed Less Than XXX Years at Origination - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received confirmation of self employment and reflecting on 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX mos required |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130256 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax calculations. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Seller-XXX<br> Counter-Documentation does not support re taxes considered of XXX. Please provide calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Evidence of Property Tax (based on improvements) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. supporting docs - Seller-XXX | Resolved-Received tax calculations. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX mos required |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130200 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Unsupported adjustments or comps | Resolved-Appraiser commentary and desk review supports. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX supports value / see section II - please clarify if you need addtional information. Thank you - Buyer-XXX<br> Open-Comp XXX has excessive adjustments, is a XXX and does not support subject's value. Comp XXX is over XXX miles away from subject - Due Diligence Vendor-XXX |  | Resolved-Appraiser commentary and desk review supports. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130231 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX | Resolved-Upon further review, section XXX of the Mortgage reference the XXX to Note which meets the lender guideline requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal - Buyer-XXX <br> Open-prepayment addendum not provided - Due Diligence Vendor-XXX |  | Resolved-Upon further review, section XXX of the Mortgage reference the XXX to Note which meets the lender guideline requirements. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130600 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Security Instrument with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description was not attached to Deed of Trust (for recording purposes). - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130283 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CDA - Buyer-XXX<br> Open-Additional valuation product has not been provided. - Both CU/LCA provided have a Score > XXX, a desk review required. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guideline Required Reserves XXX; Qualifying Reserves XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Guideline FICO XXX; Qualifying FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130309 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Information Form. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Information Form. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX mos required<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130192 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130608 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> DSCR % greater than XXX - DSCR = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130590 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Appraised value supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing Additional Valuation. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Appraised value supported. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline line minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130505 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rent Checks - Seller-XXX<br> Counter-Missing complete XXX month XXX for borrower-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 update<br> Borrower bought property XXX. 1003 should have said XXX years XXX months ownership. - Seller-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing documentation to verify full XXX months of housing history based on the housing history provided on the loan application. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rent Checks - Seller-XXX<br> Ready for Review-Document Uploaded. 1003 update<br> Borrower bought property XXX XXX. 1003 should have said XXX years XXX months ownership. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum DTI allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130505 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received previous rent checks and corrected 1003 to complete XXX month housing history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rent Checks - Buyer-XXX<br> Counter-Missing complete XXX month VOM for borrower-original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 update<br> Borrower bought property XXX. 1003 should have said XXX years XXX months ownership. - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Per guides, Housing Payment History: XXX, when applicable. Borrower states having resided at their primary residence for XXX year and XXX months. The credit report reflects the current mortgage on the residence was opened XXX and provided only XXX months of housing history. The XXX Report section of the fraud report confirms no other open mortgages and the XXX section of the fraud report does not list the borrower's current residence. Based on the borrower's housing history provided on the loan application, XXX months of housing history is missing. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received previous rent checks and corrected 1003 to complete XXX month housing history. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum DTI allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130505 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Updated XXX balances for XXX and XXXprovided. Confirms balances after the $XXX withdrawal into XXX. - Due Diligence Vendor-XXX<br> Open-Guides reqiure the "most recent" asset statement. The borrower's current retirement statements in file are dated XXX and XXX. It should be noted that a checking account statement reflected transfers from the retirement statement on XXX and XXX. An updated reitrement statement prior to close is required, to verify sufficient assets to cover closing costs and reserves. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Updated XXX balances for #XXX and XXX provided. Confirms balances after the $XXX withdrawal into XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum DTI allowed. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130241 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing XXX to support appraised values. XXX and XXX in the file have no scores. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130626 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements No housing history can be verified, borrower must make a XXX% minimum contribution. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors. - Due Diligence Vendor-XXX |  | Waived-Housing History Does Not Meet Guideline Requirements No housing history can be verified, borrower must make a XXX% minimum contribution. <br> Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required | Score is XXX with min required of XXX<br> DTI is XXX% with max allowed to XXX<br> LTV XXX% with max allowable to XXX%<br> Reserves are XXX mo's vs min required of XXX months. <br>|  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130618 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-Received 1099. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. used XXX XXX and divided by XXX mos. XXX mos bank statements were provided and show deposits (XXX and XXX and XXX) to support the qualifying income. - Buyer-XXX<br> Open-Borrower 1 XXX Missing Missing XXX XXX. Minimum XXX% expense factor to be applied as the XXX makes not note of expenses. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130618 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX. - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Income finding - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130618 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Security Instrument with legal description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing from DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130607 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130605 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description missing from Mortgage - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR =/> XXX and minimum is XXX or Less - Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing XXX/additional valuation product. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal recorded with mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description.<br> - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130650 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130635 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received corrected security instrument and confirmation of re recording-removed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received confirmation subject is not a XXX-pending corrected security instrument. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Updated 1008, NOT a XXX, corrected DOT for follow - Seller-XXX<br> Open-\*NEW\* XXX reflecting on security instrument-appraisal does not reflet as XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Updated 1008, NOT a XXX, corrected DOT for follow - Seller-XXX | Resolved-Received corrected security instrument and confirmation of re recording-removed XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum allowed.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed.<br> Months Reserves exceed minimum required - Borrower has XXX months of PITI reserves from the cashout refinance, XXX months minimum reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130635 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Application | Resolved-Received 1008 reflecting income difference from qualifying and initial 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1008 with UW income notes added - Buyer-XXX<br> Counter-Received initial 1003. Missing letter from XXX or XXX as qualifying income is higher than income stated on initial 1003-review would accept 1008 commentary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached signed initial 1003<br> Rebuttal: Initial 1003 stated XXX per mo., final 1003 states XXX per mo. (XXX confirms income XXX)-XXX mos. business bank statements XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it XXX guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%.<br> Attached final 1003<br> Rebuttal: Initial 1003 stated XXX per mo., final 1003 states XXX per mo. (XXX confirms income XXX)-XXX mos. business bank statements XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it XXX guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%.<br> Rebuttal:(Missing application) Initial 1003 stated XXX per mo., final 1003 states XXX per mo. (XXX confirms income XXX)-XXX mos. business bank statements XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it XXX guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%. - Seller-XXX<br> Open-Per guides, income disclosed on the initial signed application should be reviewed. If income calculated is significantly different than income stated on the 1003, the underwriter should request an explanation from the borrower to determine acceptability of the income. The letter of explanation can come from the Loan Officer or Underwriter. The loan file contains a letter of explanation from the borrower indicating there was a discrepancy in the qualifying income between what the borrower had provided on the initial loan application and the income used to qualify. The initial loan application was missing from the loan file. Additionally, it should be noted that the letter of explanation came from the borrower, not the Loan Officer or the Underwriter. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached signed initial 1003<br> Rebuttal: Initial 1003 stated $XXX per mo., final 1003 states $XXX per mo. (UW XXX confirms income $XXX)-XXX XXX. business bank statements $XXX / XXX = XXX - XXX = XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it FNMA guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%.<br> Attached final 1003<br> Rebuttal: Initial 1003 stated $XXX per mo., final 1003 states $XXX per mo. (UW XXX confirms income $XXX)-XXX mos. business bank statements $XXX / XXX = XXX - XXX = XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it XXX guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%.<br> Rebuttal:(Missing application) Initial 1003 stated $XXX per mo., final 1003 states $XXX per mo. (UW XXX confirms income $XXX)-XXX mos. business bank statements $XXX / XXX = XXX - XXX = XXX% difference from stated should not be a valid finding. See attached initial 1003, and Final 1003. See snip-it XXX guidelines if exceeds XXX% must conduct further analysis. There is no significant difference, it is only XXX%. - Seller-XXX | Resolved-Received 1008 reflecting income difference from qualifying and initial 1003. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum allowed.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed.<br> Months Reserves exceed minimum required - Borrower has XXX months of PITI reserves from the cashout refinance, XXX months minimum reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130635 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The legal description is missing from the mortgage for recording purposes. - Due Diligence Vendor-XXX |  | Resolved-Legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum allowed.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed.<br> Months Reserves exceed minimum required - Borrower has XXX months of PITI reserves from the cashout refinance, XXX months minimum reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130635 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received all page of CD. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Final CD all pages - Seller-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. Missing page XXX of the final CD - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Final CD all pages - Seller-XXX | Resolved-Received all page of CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum allowed.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed.<br> Months Reserves exceed minimum required - Borrower has XXX months of PITI reserves from the cashout refinance, XXX months minimum reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130635 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow layered entity, Non-materialwaiver applied with comp factors. non-material due to borrower owns all layers. - Due Diligence Vendor-XXX<br> Open-Per guides, layered or XXX Entities are not permitted. Lender's exception request and Client exception approval in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered entity, Non-materialwaiver applied with comp factors. non-material due to borrower owns all layers. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> Qualifying DTI below maximum allowed - Audit DTI ratio is XXX%, XXX% maximum allowed.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed.<br> Months Reserves exceed minimum required - Borrower has XXX months of PITI reserves from the cashout refinance, XXX months minimum reserves required. | XXX FICO score<br> XXX% DTI ratio<br> XXX% LTV ratio<br> XXX months of PITI reserves from cashout. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130615 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description. - Due Diligence Vendor-XXX |  | Resolved-Received Deed of Trust w/Legal. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130606 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-legal description provided. - Due Diligence Vendor-XXX<br> Counter-Legal from Title provided. Please provide the Legal attached to the Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130606 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Upon further review, the guidelines allow to round up from the XXX for determining eligibility. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal can round up to XXX per guidelines - Buyer-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. XXX DSCR of XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines allow to round up from the XXX decimal for determining eligibility. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130586 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Modification document issue | Resolved-Received payoff. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX payoff - Seller-XXX<br> Counter-Review concurs modification was a XXX--missing payoffs for XXX and XXX. (if reflecting as current no payment history required) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal attached. XXX reviewed this loan and because the loans are XXX XXX, there should not be an issue. Please advise-XXX, XXX - Seller-XXX<br> Open-Per guidelines Mortgage Loan Modifications are acceptable with XXX months seasoning. Documents and title show a loan modification was done in XXX (less than XXX years). Previous owner did the loan modification in XXX. Around the same time the previous owner also deeded ownership of the property to the current owner (B1 LLC). The previous owner has been making the payments on the loan modification XXX. Seasoning requirements not meet for loan modification. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX payoff - Seller-XXX<br> Ready for Review-Document Uploaded. Seller rebuttal attached. XXX reviewed this loan and because the loans are XXX XXX, there should not be an issue. Please advise-XXX, XXX - Seller-XXX | Resolved-Received payoff. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130586 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received confirmation no liens or judgments. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. title search - Seller-XXX <br> Counter-Received confirmation from title no judgments reflecting against business XXX entity. Fraud report reflects XXX and judgment against borrower. Audit unable to determine if they have been satisfied - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. see title it is clear - Buyer-XXX<br> Open-Delinquent Credit History Does Not Meet Guideline Requirements Fraud Guard report shows open Judgments and XXX for B1 that do not reflect a release dates. Audit unable to determine if they have been satisfied (pages XXX) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX search - Seller-XXX | Resolved-Received confirmation no liens or judgments. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130586 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130586 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Title supplement reflecting sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Corrected schedule A Title report insured amount XXX - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan amount is XXX, title coverage is XXX - Due Diligence Vendor-XXX |  | Resolved-Received Title supplement reflecting sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130346 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Recorded Mtg - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description page of DOT is missing. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130346 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130329 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Received XXX with an inspection date of XXX confirming the security bars have been removed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Counter-Appraiser to comment on the security bars to confirm no health and safety issues. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Missing verification of safety releases for XXX with security bars. - Due Diligence Vendor-XXX |  | Resolved-Received XXX with an inspection date of XXX confirming the security bars have been removed. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130329 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received Acceptable Septic Inspection report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please also see XXX previously uploaded. Thank you! - Buyer-XXX<br> Counter-Inspection report provided, please provide the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX <br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present Appraisal subject to inspection of XXX - Due Diligence Vendor-XXX |  | Resolved-Received Acceptable Septic Inspection report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130414 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130342 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130645 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130645 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received sufficient documentation to exclude the XXX and tax from the the DTI. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. per guidelines XXX read Debts paid by others can be excluded from the DTI Ratio if the debt is being paid in a satisfactory manner by another party for the past XXX months. Acceptable documentation <br> includes cancelled checks or bank statements that consistently show another party making at least the past XXX payments.<br>Iin the file there is XXX months proof that XXX as been paying mortgage payment of XXX and taxes are paid by his other daughter they are paid in full - Seller-XXX<br> Counter-Documentation received is insufficient-original finding remains. Must meet guideline XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Taxes paid not by borrower but by XXX this the XXX installment - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% XXX: XXX XXX, XXX (Primary, has mtg w/XXX due for XXX) \*\*\*converting to XXX. Loan doesn't XXX. XXX XXX monthly and taxes of XXX monthly and XXX dues of XXX. Bank statements provided for XXX paying mtg do not verify he is paying the taxes, ins and XXX as well. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. per guidelines XXX read Debts paid by others can be excluded from the DTI Ratio if the debt is being paid in a satisfactory manner by another party for the past XXX months. Acceptable documentation <br> includes cancelled checks or bank statements that consistently show another party making at least the past XXX payments.<br>Iin the file there is XXX months proof that Dad as been paying mortgage payment of XXX and taxes are paid by his other daughter they are paid in full - Seller-XXX | Resolved-Received sufficient documentation to exclude the P&I and tax from the the DTI. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130645 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received sufficient documentation to exclude the XXX and tax from the the DTI. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. per guidelines XXX read Debts paid by others can be excluded from the DTI Ratio if the debt is being paid in a satisfactory manner by another party for the past XXX months. Acceptable documentation <br> includes cancelled checks or bank statements that consistently show another party making at least the past XXX payments.<br>Iin the file there is XXX months proof that Dad as been paying mortgage payment of XXX and taxes are paid by his other XXX they are paid in full - Seller-XXX<br> Counter-Documentation received is insufficient-original finding remains. Must meet guideline XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Taxes paid not by borrower but by XXX this the XXX installment - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Bank statements provided for XXX paying mtg payment do not verify he is paying the taxes, ins and XXX as well. included in DTI. DTI exceeds guidelines - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. per guidelines XXX read Debts paid by others can be excluded from the DTI Ratio if the debt is being paid in a satisfactory manner by another party for the past XXX months. Acceptable documentation <br> includes cancelled checks or bank statements that consistently show another party making at least the past XXX payments.<br>Iin the file there is XXX months proof that Dad as been paying mortgage payment of XXX and taxes are paid by his other daughter they are paid in full - Seller-XXX | Resolved-Received sufficient documentation to exclude the P&I and tax from the the DTI. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130645 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. executed closing package pages XXX to XXX are the mortgage document and the legal discription is page XXX. This is the recorded description - Buyer-XXX<br> Counter-Please provide complete security instrument with legal description attached. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX of the executed closing package - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Legal Description is missing from DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. page XXX of the executed closing package - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130230 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130367 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Appraiser addressed "water in basement" stating this is common in older homes, and doesn't seem to impact the livability of the subject property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. It appears appraiser addressed this stating this is common in older homes, and doesn't seem to impact the livability of the subject property. - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal was made "As Is". However, appraisal photos and comments show basement with dampness and water on the XXX. - Due Diligence Vendor-XXX |  | Resolved-Appraiser addressed "water in basement" stating this is common in older homes, and doesn't seem to impact the livability of the subject property. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.<br> DSCR % greater than XXX - DSCR = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130261 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Credit Refresh. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Credit Refresh. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130604 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130468 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received a revised 1008 and 1003 using the documented rental income and the Initial CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Pending status due to Compliance requested Initial CD and compliance test not ran. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX - Seller-XXX | Resolved-Received a revised 1008 and 1003 using the documented rental income and the Initial CD. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd XXX issued XXX & XXX for increase in points. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-\*\*\* NEW \*\*\* 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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). ----- XXX (XXX%) tolerance fees increased by XXX (Points - Loan Discount Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations: XXX year; Expiration date: XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Rec'd XXX issued XXX & XXX for increase in points. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received a revised 1008 and 1003 using the documented rental income. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Counter-Revised 1008 and 1003 provided reflecting the rental income, however we are missing the most recent XXX months to confirm regular receipt of the rental income as required by the guidelines. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Lender used $XXX for qualifying payment vs $XXX, which is calculated using Start Rate at Fully Amortized Payment as qualifying terms. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received a revised 1008 and 1003 using the documented rental income. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Gift Funds General | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Proof of Funds - Seller-XXX<br> Open-Verification gift funds in the amount of XXX deposited into borrower account or with XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Proof of Funds - Seller-XXX | Resolved-Received Wire Receipt. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Rec'd CD issued XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Seller-XXX<br> Open-...Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX - Seller-XXX | Resolved-Rec'd CD issued XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received Recorded DOT. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-The Deed of Trust is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Recorded DOT. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130334 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130294 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client provided a waiver for nested entity closing, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-LLC's whose members include other LLC's are XXX borrowers. The Operating Agreement for On The XXX, (the borrower on this loan) indicates that the members are XXX and XXX. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for nested entity closing, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. | FICO: XXX>XXX required<br> Reserves: XXX months verified | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130340 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130314 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received XXX Department of the XXX. XXX years self employment confirmed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing XXX letter in the file does not reflect time of self-employment. No docs in the file supporting verification of self-employment for XXX years. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Department of the Treasury. XXX+ years self employment confirmed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130314 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Credit Refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Credit Refresh. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130314 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Received lease and proof of XXX months payments. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower to provide evidence of the previous XXX months rental payment XXX canceled checks or print out with supporting documentation of the lease or VOR. - Due Diligence Vendor-XXX |  | Resolved-Received lease and proof of XXX months payments. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130423 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors. Borrower was living rent free, however provided bank statements reflecting payments made to parents to cover the monthly mortgage payments. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Per guides, borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis. The loan application indicates the borrower has been residing at his current residence rent-free for the last XXX years and has no verified housing history. It should be noted that the title commitment report reflects the borrower was added to title on XXX. Lender exception request in file to allow borrower's XXX months of bank statements showing the borrower was paying the parents the sum to cover the cost of the monthly mortgage payment, along with copies of XXX months of mortgage statements to show XXX months. Although the compensating factors section of the Scenario Exception Request form was left blank, the underwriter noted the following: "Credit depth back to XXX, several XXX on smaller consumer accounts, however all accounts paid as agreed since XXX. Paying off approximately $XXX in consumer debt balance through the loan, saving over $XXX/mo and receiving over $XXX cash in hand, resulting in approximately XXX months PITIA in reserves."<br> \*\*\*\*missing exception approval email. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Borrower was living rent free, however provided bank statements reflecting payments made to parents to cover the monthly mortgage payments. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of PITI reserves from cash-out refinance, XXX months minimum required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. | Credit depth back to XXX and all accounts paid as agreed since XXX.<br> Approximately XXX months PITIA in reserves. | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130423 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). Received XXX for increase in discount points and origination points. Lender credit on final CD for XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). XXX (XXX%) tolerance fees increased by XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years- Expiration date is XXX.<br>- Due Diligence Vendor-XXX |  | Resolved-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 $XXX.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). Received XXX for increase in discount points and origination points. Lender credit on final CD for $XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of PITI reserves from cash-out refinance, XXX months minimum required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130423 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX XXX for decrease in lender credits, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX for decrease in lender credits, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of PITI reserves from cash-out refinance, XXX months minimum required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required.<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum allowed. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130278 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Received email confirming correction made by applicable parties. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. vom email - Seller-XXX<br> Counter-Received duplicate VOM. Please provide documentation to confirm the correction was performed by XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated vom - Seller-XXX <br> Counter-Received amended VOM from XXX reflecting correct origination date-the document ID and signature date mirror previous XXX. Provide confirmation of correction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open- Missing completed Verification of Mortgage with valid origination dates. Document for XXX reflects an origination date of XXX which has not yet occurred. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX email - Seller-XXX<br> Ready for Review-Document Uploaded. updated XXX - Seller-XXX | Resolved-Received email confirming correction made by applicable parties. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX Missing documentation which evidences sufficient property insurance coverage to meet minimum requirements. Loan amount XXX; Minimum coverage XXX. Lender to provide Dec page. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received Warranty Deed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Property XXX Issue Fully executed Warranty deed changing the XXX from XXX to XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Warranty Deed. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-After further review, the prepay restriction no longer applies. - Due Diligence Vendor-XXX<br> Open-Terms of Prepayment Penalty do not conform to XXX in that they cannot exceed XXX% or XXX years; where the penalty in place is XXX% of amount prepaid within XXX years. - Due Diligence Vendor-XXX |  | Resolved-After further review, the prepay restriction no longer applies. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-The loan file contains: rent free letter from XXX, a VOR from XXX to date of purchase, and a VOM for XXX to current. The subject was purchased XXX and meets the XXX-month seasoning requirement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open- Missing evidence of XXX months primary housing expense or XXX months seasoning of ownership as required by guidelines Section XXX for XXX. Verifications of mortgage provided only reflects XXX months payment history. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-The loan file contains: rent free letter from XXX-XXX, a VOR from XXX to date of purchase, and a VOM for XXX to current. The subject was purchased XXX and meets the XXX-month seasoning requirement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: 1.388 Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130212 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo id. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Identification Form - Due Diligence Vendor-XXX |  | Resolved-Received photo id. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: 1.388 Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130216 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX monthsXXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-XXX provided. Missing XXX Month XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130185 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Loan Pass/Lender approval - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Received Approval. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: 28 Min 3 [7.82 Months w/o proceeds] |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130185 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo ID. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Identification Form - Due Diligence Vendor-XXX |  | Resolved-Received photo ID. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX [XXX Months w/o proceeds] |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130185 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received Approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Loan Pass/Lender approval - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing lender required copy of the final loan approval or equivalent i.e. customer commitment letter, and/or Seller approval - Due Diligence Vendor-XXX |  | Resolved-Received Approval. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX [XXX Months w/o proceeds] |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130181 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator XXX and XXX | Resolved-Received VOM - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR is not subject to ATR, VOM attached - Seller-XXX<br> Counter-Received XXX VOM-missing XXX VOM for subject. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-The Originator QM Status is not the same as the Final QM Status. Missing VOM on subj XXX being refinanced. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR is not subject to ATR, VOM attached - Seller-XXX | Resolved-Received VOM - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130181 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Received XXX VOM. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Per guides, housing history for the DSCR Doc type is limited to verifying the borrower's XXX and the subject property if a refinance transaction. For these properties, XXX are required for any outstanding mortgages including XXX. Missing Verifications of Mortgage from XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Lien VOM. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130181 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130181 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received loan summary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Loan file is missing a loan approval/underwriting summary (form 1008) to verify how the lender closed the subject loan. - Due Diligence Vendor-XXX |  | Resolved-Received loan summary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130415 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Guides do not require XXX/Tax Preparer verification when using Standard XXX% Expense factor - only if using an Expense Factor from XXX/Tax Preparer. Income was derived using Standard XXX% Expense Factor. - Due Diligence Vendor-XXX<br> Counter-Documentation received is insufficient. Original finding remains-must meet guidelines page XXX-tax preparer letter received does not reflect XXX only type. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See lox from XXX. Please cite the guide for this condition request. So we can get this back in front of our uw. - Buyer-XXX<br> Open-XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Guides do not require CPA/Tax Preparer verification when using Standard XXX% Expense factor - only if using an Expense Factor from CPA/Tax Preparer. Income was derived using Standard XXX% Expense Factor. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130415 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | XXX or more full valuation products not provided for loan amounts > $XXX | Resolved-Upon further review, the guidelines state a XXX Full Appraisal is required if > XXX. XXX Appraisal + Desk review is required for < XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Hello. See attached XXX from underwriter. XXX appraisal not required on purchase transaction. - Buyer-XXX<br> Open-XXX or more full valuation products were not provided.' Loan amount is XXX and XXX full appraisal not provided. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines state a XXX Full Appraisal is required if > XXX. XXX Full Appraisal + Desk review is required for < XXX mil. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130415 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received evidence of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached - Buyer-XXX <br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received evidence of XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130322 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing coverage amount on title - Due Diligence Vendor-XXX |  | Resolved-Received preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%<br> DSCR % greater than XXX - DSCR is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130265 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow no lookback on STR. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval for no lookback - Buyer-XXX <br> Counter-Received current listing for subject as short term rental. Please provide a legible copy of the XXX spreadsheet statement with the totals of rents received during the look-back period. - Due Diligence Vendor-V<br> Ready for Review-Document Uploaded. Airbnb Printout - Buyer-XXX <br> Open-Missing screen shot of the online listing showing the property is activity marketed as a short-term rental. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow no lookback on STR. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | XXX fico<br> XXX% LTV<br> XXX months of reserves | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130439 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Issue with XXX Payment Letter | Resolved-Client has provided updated XXX with correct XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Corrected XXX Uploaded - Seller-XXX<br> Open-There is an issue with XXX Payment Letter. The XXX payment on the XXX payment letter is incorrect. The XXX payment on the Note is XXX and the XXX indicates XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Corrected XXX Uploaded - Seller-XXX | Resolved-Client has provided updated XXX with correct P&P Payment - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Updated XXX and XXX letter provided. - Due Diligence Vendor-XXX<br> Counter-Reviewed assets - Account XXX XXX and $XXX in other. We are short to close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Funds provided are not sufficient to cover closing cost and reserves. Lender to provide verification of the XXX clearing the borrowers account. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Updated HUD and XXX letter provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Fraud report provided. Interested party checks and in the loan file. - Due Diligence Vendor-XXX<br> Counter-Fraud report provided is insufficient. Please provide a Fraud report with all interested party checked on the exclusionary list. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Missing Third Party Fraud Report Third Party Fraud Report not Provided. Additionally, findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Fraud report provided. Interested party checks and in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-After further review the required reserves is XXX months, the borrower is an experienced investor. - Due Diligence Vendor-XXX<br> Counter-Reviewed assets - Account XXX as of XXX XXX. $XXX unverified additional deposit. XXX Required to close. We are short XXX cash to close and short and additional XXX months reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Counter-Escrow letter is insufficient to verify reserve requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX | Resolved-After further review the required reserves is XXX months, the borrower is an experienced investor. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-After further review, the statement provided covers XXX days and included the account number and the borrower's name. - Due Diligence Vendor-XXX<br> Counter-Documentation provided is insufficient to support the ownership of the assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing actual statement reflecting who owns the account, and XXX day history. - Due Diligence Vendor-XXX |  | Resolved-After further review, the statement provided covers XXX days and included the account number and the borrower's name. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-After further review, the escrow letter is acceptable to source funds to close. - Due Diligence Vendor-XXX<br> Counter-Documentation provided is insufficient to confirm the source. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements No evidence of where the funds came from and who they came from. Borrower to provide a XXX days history and evidence of the transfer of the funds. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-After further review, the XXX letter is acceptable to source funds to close. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received documentation supporting the XXX is free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Counter-XXX from the borrower provided. Please provide 3rd party verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Lender to provide verification that the XXX is owned free and clear or provide a XXX months payment history of the primary. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received documentation supporting the Primary Residence is free and clear. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130335 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130288 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-After further review, the proof of taxes, insurance and XXX dues was provided. - Due Diligence Vendor-XXX<br> Open-Income XXX Months Income Verified is Missing Missing verification of Taxes insurance and XXX for XXX- verified XXX / Lender used XXX. Lender to provide supporting documentation supporting the higher amount. - Due Diligence Vendor-XXX |  | Resolved-After further review, the proof of taxes, insurance and HOA dues was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; minimum score is XXX @ XXX% LTV. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130287 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received rent free letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Counter-Documentation is insufficient-rent free letter is not dated nor provided by property owners. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The owner is the borrower's mother who is in her XXX and disabled so we provided an XXX from the borrowers and a tax bill to show ownership - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing rent free letter from the owner of the primary residence. - Due Diligence Vendor-XXX |  | Resolved-Received rent free letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX - Minimum XXX<br> Months Reserves exceed minimum required - Reserves - XXX months / Required = XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130287 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received XXX purchase contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PURCHASE CONTRACT - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing sales contract. - Due Diligence Vendor-XXX |  | Resolved-Received XXX purchase contract. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX - Minimum XXX<br> Months Reserves exceed minimum required - Reserves - XXX months / Required = XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130193 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Guaranteed Rate matrix allowed LTV of XXX% with no reduction. - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% A reduction of XXX% due to declining market per XXX - Guides are silent in Guarantee for XXX. - Due Diligence Vendor-XXX |  | Resolved-Guaranteed Rate matrix allowed LTV of XXX% with no reduction. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mths reserves; XXX mths required.<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130298 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130248 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received signature pages of 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial 1003 - Section XXX - signed by XXX . The final 1003 is Section XXX is not required to be signed by the XXX as the XXX does not got to the closing - Buyer-XXX<br> Counter-Signed signature page of the 1003 provided. Please provide signed page XXX Section XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 missing signature page for borrower attached<br> - Buyer-XXX<br> Open-Final 1003 - page XXX is not signed by borrower. - Due Diligence Vendor-XXX |  | Resolved-Received signature pages of 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130248 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-XXX in the name of an LLC where both owners will not be borrowers on the loan. XXX owners of the LLC, but only our borrower who has XXX% ownership will be a borrower on the loan. Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors. - Due Diligence Vendor-XXX |  | Waived-Vesting in the name of an LLC where both owners will not be borrowers on the loan. XXX owners of the LLC, but only our borrower who has XXX% ownership will be a borrower on the loan. Client exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Credit Score: XXX pts above requirement<br> DTI: XXX% below max<br> Residual Income: $XXX/month above requirement<br> Credit History: Clean Credit Profile |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-XXX provided confirming active status dated XXX. - Due Diligence Vendor-XXX<br> Counter-Judgments provided. Please provide 3rd party VOE prior to close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VOE prior to closing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-XXX provided confirming active status dated XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Borrower 1 XXX Letter Missing - Due Diligence Vendor-XXX<br> Open-Borrower 1 XXX Letter Missing Missing "acceptable" proof for XXX Mgmt of the percentage of ownership, how long and if the business is still operational. Email from "XXX" states the borrower is XXX% owner of XXX Mgmt since XXX- the email does not indicate who "XXX" is and no proof in file. - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 CPA Letter Missing - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Per client, removed income from property XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-Lease provided, however we are missing proof of additional XXX month. Loan file contains documentation for XXX and XXX months are required to meet guideline requirements. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing lease agreement for property XXX plus XXX months proof of rent receipt - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Per client, removed income from property XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received XXX documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Missing verification of taxes, insurance, and/or XXX fees for property XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received confirmation of XXX% replacement cost. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received confirmation of XXX% replacement cost. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Received Judgment documents to support business purpose. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing documentation to show that the XXX judgments paid off at closing were for business purposes and not XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Judgment documents to support business purpose. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing the Third Party Fraud Report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130232 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130247 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Trust Agreement | Resolved-Received revocable XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Trust agreement for your convenience - Seller-XXX<br> Counter-Short Form Title provided. Please provide a copy of the XXX or Trust Cert for review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX vesting to the borrower's XXX. - Seller-XXX<br> Counter-Provided updated title vested to the borrower's as XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Please review underwriting response to suspense items.<br> - Buyer-XXX<br> Open-Missing Trust Agreement. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Trust agreement for your convenience - Seller-XXX<br> Ready for Review-Document Uploaded. XXX vesting to the borrower's individually. - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130247 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Inquiry is from the lender and from a bank now reporting as a XXX. - Due Diligence Vendor-XXX<br> Open-XXX for credit inquiries is missing. Missing Lox for Credit Inquiries. - Due Diligence Vendor-XXX |  | Resolved-Inquiry is from the lender and from a bank now reporting as a tradeline. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130247 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Upon further review, the loan file contained all required photo identification documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX disclosure is provided to the borrower in the initial disclosures package and then the closing package will include the identity affidavit that is signed by the borrower and notarized - Buyer-XXX <br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required photo identification documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130247 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130612 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Closing Disclosure Deficiency | Resolved-Received XXX XXX. Upon further review, no further documentation is needed or required.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Final CD is missing page XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received PCCD XXX. Upon further review, no further documentation is needed or required.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130612 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed XXX is acceptable or the loan is a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Exception in file for Borrower not meeting housing history requirements. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130612 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The legal description was not attached to the complete Deed of Trust in file. - Due Diligence Vendor-XXX |  | Resolved-Legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130612 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-After further review, this is the purchase of a primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Per guides, borrowers who have no housing history or less than XXX months verified housing payments in the past XXX months are restricted to purchasing XXX only. The subject transaction is a purchase of a XXX. The borrower is not eligible to purchase a XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-After further review, this is the purchase of a primary residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130612 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors. Allow rent free for the last XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This is not a XXX all documentation provided support borrower primary/ XXX - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Per guides, borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis. Rent-free letter in file reflects borrower lives with their XXX (not with a XXX). Loan file contains a lender exception request and Client exception approval. LTV was not a compensating factor because max LTV on second homes is XXX%. It should be noted that the minimum credit score required was XXX not XXX and the audited DTI ratio was actually XXX%. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Allow rent free for the last XXX months. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% | XXX fico<br> XXX%LTV<br> DTI XXX% | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130601 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | XXX disaster (XXX) after appraisal without a XXX or XXX | Resolved-Received XXX with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-XXX disaster after appraisal without a XXX XXX or XXX. XXX Disaster Texas Severe Storms, Straight-line Winds and XXX XXX) Incident Period: XXX and continuing; Individual Assistance. XXX inspection Required - Due Diligence Vendor-XXX |  | Resolved-Received PDI with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130601 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130588 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX <br> Open-The Deed of Trust is Incomplete Missing legal description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months requried<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130583 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130259 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130578 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Affidavit of XXX correcting Notary date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received complete security instrument inclusive of legal description; however, the notary date is XXX and the loan closing date is XXX. Provide corrected Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Affidavit of Scrivener's Error correcting Notary date. - Due Diligence Vendor-XXX | Long term residence - Borrower resided in primary for XXX years<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130246 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received clear photos confirming no exposed wires. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Counter-Received photo of wires running into door. Appraiser to address and confirm no health and safety issue present. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Wire no issue - Buyer-XXX<br> Counter-Received XXX for installation of stove and smoke detector-does not address wires that extend from an exterior XXX of Unit XXX that XXX across a means of XXX (rear door) which creates a safety issue.. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Property Issues are identified for the property <> Appraisal does not address wires that extend from an exterior panel of Unit XXX that hangs across a means of egress (rear door) which creates a safety issue. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received clear photos confirming no exposed wires. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130246 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received warranty deed and operating agreement confirm borrowers ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Counter-Received final title-Missing Warranty Deed and preliminary title reflecting borrower as vested owner-required to complete XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Counter-Received operating agreement confirming borrower XXX% of LLC. Missing Warranty Deed and preliminary title reflecting borrower as XXX owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Property Title Issue Title is currently held in XXX - Per title deed transferring to the borrower is a condition. Missing evidence of who owns the business and executed warranty deed transferring the property to the borrower. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received warranty deed and operating agreement confirm borrowers ownership. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130246 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title received with sufficient coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage is not sufficient. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Title received with sufficient coverage - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130246 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-XXX report page XXX of the loan file reflects the borrower has no liens on the primary residence. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. The XXX requires the attached – we have the XXX showing no mortgagee clause, credit report and XXX showing no leins (therefore it is free and clear) - Buyer-XXX<br> Counter-Documentation is insufficient-missing documentation primary is owned free and clear and acceptable VOM on subject. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Free and Clear - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing VOM for the subject property and missing evidence the XXX is owned free and clear/ - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Free and Clear - Seller-XXX | Resolved-MERS report page XXX of the loan file reflects the borrower has no liens on the primary residence. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received Initial CD dated XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX AND INITIAL XXX - Seller-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX AND XXX - Seller-XXX | Resolved-Received Initial CD dated XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Loan Estimate | Resolved-Received Initial XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX AND INITIAL XXX - Seller-XXX<br> Counter-Received intent to proceed. Missing intial loan estimate. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open------Provide Initial Loan Estimate. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX AND XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Initial XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved--NEW - Lender provided credit of $XXX for increase in closing costs on Final CD XXX. Finding resolved. - Due Diligence Vendor-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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-XXX |  | Resolved--NEW - Lender provided credit of $XXX for increase in closing costs on Final CD XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Per Title Supplemental Report, coverage is for XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received intent to proceed, XXX, finding resolved. - Due Diligence Vendor-XXX<br> Open-There are fees on the final CD that are XXX and borrower's signed intent to proceed is missing from file.<br> - Due Diligence Vendor-XXX |  | Resolved-Received intent to proceed, XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130240 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130218 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130320 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Upon further review, the loan file contained all required hazard insurance documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This is a XXX, XXX loan. The disbursement date is the closing date, which is also when the insurance begins. - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Hazard Insurance Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required hazard insurance documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130147 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Resolved-Audited CLTV of XXX% is less than or equal to Guideline CLTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited CLTV of XXX% exceeds Guideline CLTV of XXX% XXX - Cash-Out max XXX% LTV. - Due Diligence Vendor-XXX |  | Resolved-Audited CLTV of XXX% is less than or equal to Guideline CLTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130147 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Resolved-Audited HLTV of XXX% is less than or equal to Guideline HCLTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited HLTV of XXX% exceeds Guideline HCLTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited HLTV of XXX% is less than or equal to Guideline HCLTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130147 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX - Cash-Out max XXX% LTV. - Due Diligence Vendor-XXX |  | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130206 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-After further review, the XXX in in Note XXX of the XXX. - Due Diligence Vendor-XXX<br> Open-XXX provided. No XXX on preliminary title report - Due Diligence Vendor-XXX |  | Resolved-After further review, the XXX in in Note XXX of the XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130291 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | Property Title Issue | Waived-Client exception granted for missing effective XXX & XXX , Non-material waiver applied with comp factors. non-material due to low LTV, There is no possibility of XXX on the property and XXX will include the appropriate endorsements. - Due Diligence Vendor-XXX<br> Open-Property Title Issue Lender exception for missing effective XXX & XXX. Property is a multi unit on less than a XXX lot. There is no possibility of XXX on the property and XXX will include the appropriate endorsements. - Due Diligence Vendor-XXX |  | Waived-Client exception granted for missing effective Oil & Gas leases, Non-material waiver applied with comp factors. non-material due to low LTV, There is no possibility of drilling on the property and final title policy will include the appropriate endorsements. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR = XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% | Reserves XXX months <br> DSCR XXX<br> LTV XXX%<br> Good credit profile |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130357 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130243 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Received corrected XXX reflecting subject property as mailing address. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX for the borrower contact consent form, p. XXX, reflecting the borrower's departing address as the mailing address. Additionally, the hazard insurance for the subject, p. XXX, reflects the borrower's address as the departing address. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received corrected HOI reflecting subject property as mailing address. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI XXX%; max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130243 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Clarification of Application Date | Resolved-Lender confirmed the 1003 date. - Due Diligence Vendor-XXX<br> Counter-Please certify application date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open--Missing evidence of initial application date. Provide corrected initial application or lender cert/affidavit confirming the application date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender confirmed the 1003 date. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI XXX%; max is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130224 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130321 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See structural report - Buyer-XXX<br> Open-The file does not contain the required XXX report per XXX. - Due Diligence Vendor-XXX |  | Resolved-Received milestone inspection. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130164 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received loan summary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received loan summary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130164 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX | Resolved-Their DOT's include verbiage regarding payment evidenced by Note including any prepayment charges. - Due Diligence Vendor-XXX<br> Open-Prepayment addendum not provided - Due Diligence Vendor-XXX |  | Resolved-Their DOT's include verbiage regarding payment evidenced by Note including any prepayment charges. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130642 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Supplement = XXX #XXX. "XXX WAS MADE ON TIME" next due date: XXX. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX # XXX mortgage payment for XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received credit supplement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130639 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Deed of Trust - All pages. Legal Description. Schedule A. - Buyer-XXX<br> Counter-Please provide complete security instrument with page XXX and legal included. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Page #XXX - Deed of Trust<br> 2. Legal Description - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. 1. Missing page XXX DOT. 2. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130639 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Additional valuation product has not been provided. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130639 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | Property Title Issue | Waived-Client exception granted to allow layering, Non-material waiver applied with comp factors. non-material due to reserves of XXX months; overall credit profile. - Due Diligence Vendor-XXX <br> Open-Property Title Issue Lender exception provided for layering. Per guidelines Trusts or business entities whose members include other (XXX/layered) LLCs, Corporations, Partnerships, or Trusts are not permitted. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layering, Non-material waiver applied with comp factors. non-material due to reserves of XXX months; overall credit profile. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX, <br> LTV: XXX%, <br> Reserves of XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130620 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet program guidelines | Resolved-Received evidence of deposit of XXX month and security deposit into borrower business account. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. These print out are proof of DEPOSIT type to borrower verified account XXX. Why does this not suffice as proof of deposit? - Buyer-XXX<br> Open-The file contained copies of XXX personal checks for the XXX month rent and the security deposit for the subject lease that will begin XXX;however, no proof the checks were deposited into borrower's account. Guideline: when the Lease is greater than the market rent, the higher lease amount may be used with XXX months<br> current proof of receipt of the higher rental income (or as per the terms on the lease agreement for new<br> leases). - Due Diligence Vendor-XXX |  | Resolved-Received evidence of deposit of XXX month and security deposit into XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130589 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Description recorded with mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130589 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Loan was locked and registered with a Prepayment Penalty and held in an XXX. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. recorded with mortgage - Buyer-XXX<br> Open-Prepayment Penalty is not allowed. Per XXX of XXX & XXX XXX:XXX a prepayment penalty my only be applied to corporations, XXX and XXX specifically. Under XXX a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-XXX |  | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130580 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Internet Search - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. dated - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing XXX is missing. Business Search provided is not dated. - Due Diligence Vendor-XXX |  | Resolved-Received Internet Search - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130573 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130268 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130249 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-XXX provided for XXX. - Due Diligence Vendor-XXX<br> Counter-Received XXX regarding the XXX dues. Borrower stated XXX uploaded the bill, however it was not provided for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received 1003-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Counter-XXX verification for XXX provided. Please provide the XXX verification for XXX. (XXX) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Missing XXX Statement for XXX, as reflected on Final 1003. - Due Diligence Vendor-XXX |  | Resolved-XXX provided for XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130219 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: See attached XXX of Insurance – Expiration XXX - Buyer-XXX<br> Open-XXX Partially Provided The XXX provided is expired. - Due Diligence Vendor-XXX |  | Resolved-Received the XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130219 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow. Borrower has XXX credit scores - Due Diligence Vendor-XXX<br> Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Exception in file to proceed with a borrower that does not meet our tradeline requirements that require at a minimum XXX tradelines that cover XXX months each. Borrower only has XXX tradeline reviewed for XXX months. Email approval in loan file - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow. Borrower has XXX credit scores - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% | Credit score - XXX pts above requirement<br> DTI XXX% below max<br> Reserves - XXX months above requirement<br> Residual income - $XXX/month above requirement<br> Credit history - clean credit profile |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130286 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130293 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130176 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130204 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-After further review, both borrower's are on the loan. - Due Diligence Vendor-XXX<br> Open-Asset XXX Does Not Meet Guideline Requirements Missing XXX for the property SOLD at XXX; B2 giving access to B1 for total usage of the funds. - Due Diligence Vendor-XXX |  | Resolved-After further review, both borrower's are on the loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX guideline minimum is XXX% with a minimum score of XXX; Borrowers FICO Score is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX @ XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130187 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130271 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Missing bank statements provided and an XXX on the source of lrg deposit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PROC CERT AND INTERNET SEARCH - Buyer-XXX<br> Counter-Received XXX and XXX XXX bank statements. Missing confirmation of large deposit XXX on XXX is income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank stmts - Buyer-XXX<br> Open-Borrower 1 XXX Bank Statements Missing Loan file is missing XXX and XXX XXX bank statements. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Missing bank statements provided and an XXX on the source of lrg deposit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Missing bank statements provided and an XXX on the source of lrg deposit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PROC CERT AND INTERNET SEARCH - Buyer-XXX<br> Counter-Received XXX and XXX XXX bank statements. Missing confirmation of large deposit XXX on XXX is income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank stmts - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing XXX totaling XXX in deposits. Income w/o these deposits = XXX/mo and DTI would increase to XXX%. - Due Diligence Vendor-XXX |  | Resolved-Missing bank statements provided and an XXX on the source of lrg deposit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130579 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130570 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received Appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal - Buyer-XXX<br> Open-Appraisal is Missing Missing appraisal dated XXX as noted on Desk Review dated XXX with 1007 supporting rents as per XXX on page XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Appraisal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months requried |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130229 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130264 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX form - Due Diligence Vendor-XXX |  | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130215 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received post close XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. closing credit - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit greater than XXX days from closing and no evidence of Undisclosed Debt Notification (XXX) in file. - Due Diligence Vendor-XXX |  | Resolved-Received post close XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months PITIA reserves, XXX momths minimum reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. <br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130215 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received intiial 1003 dated XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX was sent XXX. Disclosure tracking confirms that it was seen, but not signed until XXX. - Buyer-XXX<br> Open-The Initial 1003 is Missing Earliest 1003 in file is dated XXX. Initial XXX is issued XXX. Application date cannot occur after issuance of Initial XXX, please provide Initial 1003 with true application date. - Due Diligence Vendor-XXX |  | Resolved-Received intiial 1003 dated XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months PITIA reserves, XXX momths minimum reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. <br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130215 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has XXX months PITIA reserves, XXX momths minimum reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. <br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130186 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing Fraud Rep - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130214 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted to allow private party on XXX , Non-materialwaiver applied with comp factors. non-material due to Borrower has excellent credit. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements EXCEPTION: Approved for private VOM; borrower obtained private financing, with Note and VOM provided, including an XXX from the creditor. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow private party on VOM , Non-materialwaiver applied with comp factors. non-material due to Borrower has excellent credit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX | Lender cited the following comp factors: FICO, DSCR, Reserves, credit history, LTV. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130577 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Rec'd email Page XXX of CD is on XXX and the other XXX pages are pages XXX. Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. Only page XXX was provided. - Due Diligence Vendor-XXX |  | Resolved-Rec'd email Page XXX of CD is on XXX and the other XXX pages are pages XXX-XXX. Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130576 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130571 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received mortgage with legal description - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX <br> Open-The Deed of Trust is Incomplete Missing exhibit A-legal discription<br> - Due Diligence Vendor-XXX |  | Resolved-Received mortgage with legal description - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Credit history exceeds minimum required - XXX XXX mortgage history to XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130571 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Per XXX, a XXX can only be applied to loans closing in a XXX - Due Diligence Vendor-XXX |  | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Credit history exceeds minimum required - XXX XXX mortgage history to XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130559 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | Property Title Issue | Waived-Client exception granted to allow nested/layered entity. Non-material waiver applied to finding with compensating factors.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Approval for XXX. - Buyer-XXX<br> Open-XXX in Layered or XXX are not permitted - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow nested/layered entity. Non-material waiver applied to finding with compensating factors.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | There will be an Exception LLPA hit of _XXX_ that will apply for this specific exception | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130223 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding with compensating factors. Exception for borrower not on title for XXX months, borrower is XXX% owner of the LLC previously on title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Counter-Duplicate document provided. Please provide the client approved exception - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception form - Seller-XXX<br> Counter-Received originator exception-please provide client exception approval email. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception - Seller-XXX <br> Open-Lender Exception in file for borrower not on title for XXX months to establish continuity of obligation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Ready for Review-Document Uploaded. exception form - Seller-XXX<br> Ready for Review-Document Uploaded. exception - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception for borrower not on title for XXX months, borrower is XXX% owner of the LLC previously on title. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | XXX months reserves greater than the program requirement.<br> FICO XXX+ points greater than program requirement | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130223 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Subject loan is in XXX and Notice of XXX Not Completed | Resolved-Received fully executed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. disclosure - Buyer-XXX<br> Counter-Received flood cert-please provide Notice of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. flood cert - Seller-XXX<br> Open-Subject Property is in XXX XXX but Notice of XXX was not provided Notice of XXX not present in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. flood cert - Seller-XXX | Resolved-Received fully executed XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130223 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX last page<br> - Seller-XXX<br> Counter-Received XXX report dated XXX-please provide updated XXX within XXX days of closing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX last page of Data Verify - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX last page<br> - Seller-XXX<br> Ready for Review-Document Uploaded. XXX last page of Data Verify - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130223 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal to Deed of Trust - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. legal to Deed of Trust - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130222 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement executed as XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Ready for Review-Document Uploaded. Personal guaranty - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing personal guarantee - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement executed as individual. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130208 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received revised commitment with the Judgment removed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX removed judgment - Seller-XXX<br> Open-Delinquent Credit History Does Not Meet Guideline Requirements The loan approval required the judgement on title in the amount of XXX to be paid at closing. Missing proof of payoff - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. title removed judgment - Seller-XXX | Resolved-Received revised commitment with the Judgment removed. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130208 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. softpull - Seller-XXX<br> Counter-Reviewer is unable to open attachments-please re upload. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Soft pull and XXX - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. softpull - Seller-XXX<br> Ready for Review-Document Uploaded. Soft pull and XXX - Seller-XXX | Resolved-Received XXX report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130208 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood cert - Buyer-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX |  | Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130208 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-XXX is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-XXX is fully present - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130208 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received initial CD XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed initial CD - Seller-XXX<br> Open-This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. Initial CD is missing, additional findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. signed initial CD - Seller-XXX | Resolved-Received initial CD XXX, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130250 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received closing attorney XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Received closing attorney XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130250 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130250 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130220 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Underwriter Attestation | Resolved-Received XXX warranty attestation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-UW Attestation and/or documentation clearly stating whether the property is a XXX must be delivered with the file. - Due Diligence Vendor-XXX |  | Resolved-Received XXX warranty attestation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130220 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Effective Date is after the Note Date | Resolved-Received Post Close Settlement Statement. Disbursement date was XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see the XXX. the loan funded XXX - Buyer-XXX<br> Open-XXX Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Received Post Close Settlement Statement. Disbursement date was XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130565 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Sec of State search shows since XXX. XXX shows current phone listing and address - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Third Party VOE - Obtained from XXX of corporations Entity Information Name: XXX is Active status - Buyer-XXX<br> Open-Borrower 1 3rd Party XXX Prior to Close Missing Missing XXX dated within XXX days of Note. - Due Diligence Vendor-XXX |  | Resolved-Sec of State search shows since XXX. Google search shows current phone listing and address - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130556 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Closing | Prepayment Penalty Issue | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX<br> Open-Per XXX of XXX & XXX XXX:XXX a prepayment penalty may only be applied to corporations, XXX and XXX specifically. Under XXX a prepayment penalty is not permitted to be charged to an LLC. Missing XXX to all members stating the XXX has been removed and will not be enforced at time of payoff along with proof of delivery. Also missing a XXX affidavit. - Due Diligence Vendor-XXX |  | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130195 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Closing Disclosure | Resolved-Received TRID: Final Closing Disclosure - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD at docs dated XXX and the PCCD dated XXX - Buyer-XXX<br> Open-TRID: Missing Final Closing Disclosure -----Missing page XXX of XXX of Final CD signed by borrower XXX.(Page XXX attached does not match total closing costs) Please provide complete copy of Final CD. Additional findings may apply after receipt. - Due Diligence Vendor-XXX |  | Resolved-Received XXX: Final Closing Disclosure - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130195 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX XXX and XXX statements and XXX verifying assets - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements The lender provided a XXX day printout of this account; however, it does not reflect ownership of this account. Statement with account holders names missing from loan file. - Due Diligence Vendor-XXX |  | Resolved-Received statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130195 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-After further review, the prelim title indicates no conveyances in the last XXX months. - Due Diligence Vendor-XXX <br> Open-Unsatisfactory XXX provided. TItle does not reflect when seller purchased subject - Due Diligence Vendor-XXX |  | Resolved-After further review, the prelim title indicates no conveyances in the last XXX months. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130197 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130295 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received verification of effective date of XXX as of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached XXX was verified and reflects effective date of XXX - Buyer-XXX<br> Counter-Received liability coverage not XXX-documentation is insufficient-finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Does not appear to be a XXX in place. Subject is covered by XXX which reflects effective dates of XXX same as the closing date. - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Received verification of effective date of XXX as of XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130290 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received CD XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. -----Initial CD receipt date of XXX is less than XXX business days prior to closing date of XXX. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130349 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130262 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Cert - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood Cert - Buyer-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX |  | Resolved-Received Flood Cert - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130262 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Investor waiver applied to non-material finding - XXX due to XXX. Borrowers entered înto a XXX month XXX with their XXX back in XXX of XXX during XXX. The XXX documentation indicates the XXX months of XXX would be listed as a fee record and that the fee record was to be paid no later than XXX months from the date of the XXX. They have not paid the fee record yet as it shows up on the monthly mortgage statements as an overdue payment; however, the credit report shows no late payments at all on the mortgage. This mortgage is with a XXX who is not enforcing the XXX. - Due Diligence Vendor-XXX |  | Waived-Investor waiver applied to non-material finding - Forbearance due to XXX. Borrowers entered înto a XXX month XXX with their XXX back in XXX of XXX during XXX. The forbearance documentation indicates the XXX months of P&I payments would be listed as a fee record and that the fee record was to be paid no later than XXX months from the date of the forbearance. They have not paid the fee record yet as it shows up on the monthly mortgage statements as an overdue payment; however, the credit report shows no late payments at all on the mortgage. This mortgage is with a XXX who is not enforcing the forbearance. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX | Credit Score: XXX pts above minimum Reserves (months): XXX mos more than minimum DTI: almost XXX%below max Residual Income: $XXX more than required <br> Credit History: No derog reporting on credit<br>XXX% below max<br> XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130385 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-XXX has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The closing agent sent email correspondence with the last XXX recorded deeds to provide a XXX. Please see highlighted response in attached email. Also attached are the XXX deeds she mentioned and attached to the email. - Seller-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX for subject property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The closing agent sent email correspondence with the last XXX recorded deeds to provide a XXX. Please see highlighted response in attached email. Also attached are the XXX deeds she mentioned and attached to the email. - Seller-XXX | Resolved-Satisfactory XXX has been provided - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130385 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing Tax Identification Number (Employer Identification Number – XXX) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130574 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided legal description - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal desc recorded with Mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal desc - Due Diligence Vendor-XXX |  | Resolved-Client provided legal description - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130574 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Upon further review, this loan was closed using the lower value. another secondary product is not necessary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing XXX that supports value. XXX provided does not support value and is High Risk score with a variance over XXX% - Due Diligence Vendor-XXX |  | Resolved-Upon further review, this loan was closed using the lower value. another secondary product is not necessary - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130263 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130121 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received access letter for business funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX% access to funds - Seller-XXX<br> Counter-Received tax preparer letter stating no impact, however we are missing the Access Letter. Letter provided was for the transfer of XXX of funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX LETTER NO NEGATIVE IMPACT ON BUSINESS and ACCESS LETTER - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing the following to use business assets in TD \*XXX : <br> 1. Access letter from the remaining owner of the business must be obtained.<br> 2. Verification that the withdrawal of funds for the transaction will not have a negative impact on the business. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX% access to funds - Seller-XXX | Resolved-Received access letter for business funds. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required<br> Long term residence - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130121 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received correct Initial XXX dated XXX. Lender provided $XXX credit for increase in closing costs above legal limit on Final CD. Due to both of these factors, finding is resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. attached is the correct one via our doc vendor; docmagic - Seller-XXX<br> Counter-XXX (XXX%) tolerance fees increased by $XXX (Appraisal, Credit report, Flood cert, Tax Service Fee, XXX,) without a valid XXX in file. Initial CD is missing from the file. Pleas provide the Initial XXX for further calculations. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Initial XXX - Seller-XXX<br> Counter-Received XXX XXX, and previously supplied CD XXX, CD XXX, CD XXX and CD XXX. Missing initial XXX in order to properly test fees. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PRE CD AND XXX CD'S - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). XXX (XXX%) tolerance fees increased by XXX (Processing, Rate lock, UW fee, Appraisal, Credit report, Flood cert, Tax Service Fee, VVOE, Transfer Tax) without a valid XXX in file. Initial CD is missing from the file. Pleas provide the Initial XXX for further calculations. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. Missing initial XXX for accurate fee testing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. attached is the correct one XXX our doc vendor; docmagic - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Initial XXX - Seller-XXX | Resolved-Received correct Initial XXX dated XXX. Lender provided $XXX credit for increase in closing costs above legal limit on Final CD. Due to both of these factors, finding is resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required<br> Long term residence - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130121 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Loan Estimate | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Received XXX XXX. Provide initial Loan Estimate. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INITIAL XXX - Buyer-XXX<br> Open-Missing Initial Loan Estimate - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required<br> Long term residence - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130121 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Initial XXX - Buyer-XXX <br> Counter-Received XXX XXX, and previously supplied CD XXX, CD XXX, CD XXX and CD XXX. Missing initial XXX in order to properly test fees. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PRE CD AND XXX CD'S - Seller-XXX <br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). XXX (XXX%) tolerance fees (Recording Fee) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. Missing initial XXX for accurate fee testing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. PRE CD AND XXX CD'S - Seller-XXX | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required<br> Long term residence - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130121 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received XXX XXX, and previously supplied CD XXX, CD XXX, CD XXX and CD XXX. Missing initial XXX in order to properly test fees. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INITIAL XXX - Seller-XXX <br> Open-This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX 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 $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the XXX 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 XXX business days after application). This test excluded the following days from the XXX count based on the client preferences configured on the company settings business days profile page:As not being open on XXX As not being open on XXX (XXX)As not being open on XXX 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 XXX 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 XXX business day after the creditor receives the consumer's application. Missing initial XXX for accurate fee testing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. INITIAL XXX - Seller-XXX | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required<br> Long term residence - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130085 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received revised Note with proof of delivery. - Due Diligence Vendor-XXX<br> Counter-Please provide a copy of the revised Note signed/acknowledged by the borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated, please swap XXX page - Seller-XXX<br> Counter-The Final CD indicates that this is a XXX Year XXX. The payment of $XXX on the Note is an XXX payment but the Note includes no details of the XXX yr XXX period. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded from client in a comp finding- - Due Diligence Vendor-XXX<br> Open-Note Address of XXX, XXX, XXX, XXX Does Not Match Deed of Trust Address of XXX, XXX, XXX, XXX \*New\* - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated, please swap XXX page - Seller-XXX | Resolved-Received revised Note with proof of delivery. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX, minimum DSCR required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX vs. XXX min |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130085 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Subject Property Address on Note does not match XXX | Resolved-Received Corrected Legal Documents. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Revised XXX - Buyer-XXX<br> Ready for Review-Document Uploaded. pg1 correct, please swap with incorrect pg - Seller-XXX<br> Open-Subject Property on Note does not match XXX Address Property address reflects XXX ("XXX") instead of XXX ("XXX"). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX correct, please swap with incorrect pg - Seller-XXX | Resolved-Received Corrected Legal Documents. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX, minimum DSCR required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX vs. XXX min |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130085 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved-Upon further review, the original Appraisal reflects the correct address. - Due Diligence Vendor-XXX <br> Counter-Revised Appraisal w/corrected address provided. Please provide all Legal Documents, including Flood Cert reflecting the correct address. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received appraisal reflect Drive on page XXX-missing Drive on page XXX and throughout report. Missing additional documents noted in original finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated appraisal - Seller-XXX <br> Open-Please provide updated Appraisal, Title, Flood cert any other documentation to match the address on the revised Note. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated appraisal - Seller-XXX | Resolved-Upon further review, the original Appraisal reflects the correct address. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX, minimum DSCR required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX vs. XXX min |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130410 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130150 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Appraisal is Expired | Resolved-Received corrected appraisal reflecting correct year for effective date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see the corrected reports with the typos removed. - Seller-XXX<br> Open-Primary Value Appraisal is Expired Updated date needed for appraisal. Looks like typo with appraisal dated XXX, however; multiple other items within appraisal dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see the corrected reports with the XXX removed. - Seller-XXX | Resolved-Received corrected appraisal reflecting correct year for effective date. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130150 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see revised 1008 - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calc - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see revised 1008 - Seller-XXX | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130258 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Waived-Client Waiver applied to non-material finding - XXX Report outside of XXX-day XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception and approval for XXX reports - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Waived-Client Waiver applied to non-material finding - XXX Report outside of XXX-day window. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130258 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Waived-Client Waiver applied to non-material finding - XXX Report outside of XXX-day XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. EXCEPTION AND APPROVAL FOR XXX REPORTS - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Waived-Client Waiver applied to non-material finding - XXX Report outside of XXX-day window. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130258 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-XXX Coverage Amount of $XXX is sufficient based on the type of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title coverage - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). No coverage amount found in loan file - Due Diligence Vendor-XXX |  | Resolved-Title Coverage Amount of $XXX is sufficient based on the type of subject lien - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130258 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130610 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Property | Resolved-Upon further review, the loan file contained all required property eligibility documentation as Total XXX meets guideline XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: Unit #XXX is under XXX square feet, however, XXX (TOTAL LIVING SPACE) with XXX units for this property is Gross living area XXX, and not under XXX square feet. Values on comparable sheet include the gross living area. Also, Notes for unit XXX indicates finished out basement with access to XXX other rooms. Appraiser Noted on the grid of comparable for "Finished" and "Unfished basement" used in his overall consideration of value. Please consider finding invalid due to gross living space XXX. - Buyer-XXX<br> Open-Unit XXX is less than XXX square feet. Per guides properties with less than XXX sq. ft. total living space are not eligible. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required property eligibility documentation as Total Living Space meets guideline XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> On time mortgage history exceeds guideline requirement - The Borrower has had XXXxXXX on the current Mortgage for XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130610 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal description recorded with deed. Please clear - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> On time mortgage history exceeds guideline requirement - The Borrower has had XXXxXXX on the current Mortgage for XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130610 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX<br> Open-Prepayment Penalty is not allowed. Loan closed the name of a XXX. A XXX cannot be applied to an XXX or XXX in XXX, only on a XXX - Due Diligence Vendor-XXX |  | Waived-Loan was locked and registered with a Prepayment Penalty and held in an entity. Waiver applied to non-material finding with comp factors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> On time mortgage history exceeds guideline requirement - The Borrower has had XXXxXXX on the current Mortgage for XXX months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130564 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Additional Bank Statements to support sufficient reserves. - Buyer-XXX<br> Counter-Received asset info--balance of retirement account XXX must be considered at XXX%. Total assets verified in audit $XXX. Reserves remain short. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX <br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s). - Due Diligence Vendor-XXX |  | Resolved-Received additional assets. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> On time mortgage history exceeds guideline requirement - Mortgage History XXXxXXXxXXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130107 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX payment letter - Buyer-XXX<br> Open-Missing XXX payment letter. XXX payment letter is required - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130107 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Deed with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing exhibit A-Legal description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130107 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements The amount of the XXX that may be utilized is limited to the borrower's ownership percent of the business. Lender exception in file to use XXX%. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required | XXX FICO<br> XXX% DTI |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130316 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received XXX XXX with updated fees. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). XXX (XXX%) tolerance fees (recording fees) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years, expiration date XXX- Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX with updated fees. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130153 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX Payment Letter - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. locaed on pages XXX of the ex docs - Buyer-XXX<br> Open-Missing XXX payment letter. XXX payment letter required - Due Diligence Vendor-XXX |  | Resolved-Received XXX Payment Letter - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130153 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Certificate - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Missing Flood Certificate Flood cert required-Per appraisal XXX<br> - Due Diligence Vendor-XXX |  | Resolved-Received Flood Certificate - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130587 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Client exception granted to allow STR from 1007, Non-material waiver applied with comp factors. non-material due to LTV under XXX% - Due Diligence Vendor-XXX<br> Open-Lender exception to use XXX from XXX in which the appraiser utilized short-term rental comps rather requesting to use XXX month lookback provided by the XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow STR from 1007, Non-material waiver applied with comp factors. non-material due to LTV under XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> DSCR % greater than XXX - DSCR = XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX month, Borrower has XXX months | FICO XXX<br> DSCR XXX<br> LTV XXX% |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130575 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130535 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130166 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing income documentation | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX<br> Open-Asset depletion requires he most recent XXX months of account statements for all Qualified Assets used in asset depletion are required. Only XXX months provided. - Due Diligence Vendor-XXX |  | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130166 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income documentation-The most recent XXX months of account statements for all Qualified Assets used in asset depletion are required. - Due Diligence Vendor-XXX |  | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130166 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX <br> Open-The Originator QM Status is not the same as the Final QM Status. Missing income documentation-The most recent XXX months of account statements for all Qualified Assets used in asset depletion are required. - Due Diligence Vendor-XXX |  | Resolved-After further review, the lender guides only require XXX months of statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130166 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VVOE dated within XXX days consummation | Resolved-XXX dated XXX on Pg XXX - Due Diligence Vendor-XXX<br> Open-B1 XXX dated XXX, note date is XXX. - Due Diligence Vendor-XXX |  | Resolved-XXX dated XXX on Pg XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130166 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130238 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | XXX disaster declared XXX | Resolved-Received XXX with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-Appraisal dated post XXX provided, however the appraiser did not indicate that the value of the property has not been affected by any damage arising out of the XXX and that the subject property is in marketable condition and that there are no XXX needed or detrimental conditions to the subject property. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Appraisal is dated after incident period - Buyer-XXX <br> Open-XXX XXX Storms, Straight-line Winds, Tornadoes, Flooding, Landslides, and XXX (XXX) Incident Period: XXX; XXX and Public Assistance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130238 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Missing XXX XXX required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130238 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed w/Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A is missing<br> - Due Diligence Vendor-XXX |  | Resolved-Received Deed w/Legal Description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130238 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received XXX XXX. Retested, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the fees are fees that borrower can shop/did shop for and are not subject to a tolerance cure - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges (XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). XXX (XXX%) tolerance fees (Title Insurance and Endorsement Fee) increased by XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX. Retested, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received Note w/Prepayment Penalty Addendum. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Final CD and the XXX indicate that the loan has a XXX, however the XXX Addendum to the Note was not found in the file.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Note w/Prepayment Penalty Addendum. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXX is sufficient based on the type of subject lien - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing title supplement page reflecting final loan amount - Due Diligence Vendor-XXX |  | Resolved-Title Coverage Amount of $XXX is sufficient based on the type of subject lien - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. The Business Entity Formation Document is Missing, including EIN number. Investor to review and approve all Entity documentation. - Due Diligence Vendor-XXX |  | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Business Entity EIN value is being requested in the missing business entity finding. - Due Diligence Vendor-XXX<br> Open-Missing EIN Number for Business Entity - Due Diligence Vendor-XXX |  | Resolved-Business Entity EIN value is being requested in the missing business entity finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Business purpose Affidavit is not complete. Borrower did not initial. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-The Business Purpose Affidavit Disclosure received. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130676 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130095 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX |  | Resolved-Third Party Fraud Report has been provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130095 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Lender has provided 1008 with DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 with DSCR calc - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Lender has provided 1008 with DSCR Calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130095 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-1008 with DSCR Calculation has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX <br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-1008 with DSCR Calculation has been provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130203 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received supplement w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing updated coverage amount - Due Diligence Vendor-XXX |  | Resolved-Received supplement w/sufficient coverage. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130203 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX but XXX form is not in file | Resolved-Upon further review, the borrower is a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-XXX/XXX which was located in the loan file. Borrower lives in XXX, not XXX. Please review and advise why needed - Seller-XXX<br> Open-XXX but the XXX is Missing from file. Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-XXX which was located in the loan file. Borrower lives in XXX, not foreign national. Please review and advise why needed - Seller-XXX | Resolved-Upon further review, the borrower is a non-permanent Resident. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130203 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX Right of Rescission Test | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-This loan failed the XXX right of rescission test.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 XXX business day following consummation.The consumer may exercise the right to rescind until midnight of the XXX 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. -----Provide PCCD with disbursement date after the XXX expiration date. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130582 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description, Exhibit A attached to DOT - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - MIn XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR =/> XXX and minimum is XXX or Less - Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130582 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Additional valuation product has not been provided. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - MIn XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR =/> XXX and minimum is XXX or Less - Actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130551 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130191 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130194 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130142 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received property tax cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. tax cert - Buyer-XXX<br> Ready for Review-Document Uploaded. tax cert - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  | Resolved-Received property tax cert. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130142 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PG - Seller-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Business Purpose Guaranty as required by guidelines. Borrower XXX as XXX of LLC not XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received Guaranty Agreement - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130142 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) esign info<br> 2) Business purpose - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit for DSCR qualified loan closing in an LLC. Occupancy Affidavit XXX is not sufficient. - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130138 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | XXX Not Provided Within XXX Days of Application Date | Resolved- XXX issued XXX. - Due Diligence Vendor-XXX<br> Open-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX' - Due Diligence Vendor-XXX |  | Resolved-Rec'd XXX issued XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130138 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Condition: Borrower 1 XXX Credit Report is Missing<br> Please see attached Credit refresh - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing refreshed credit or evidence of debt monitoring within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130138 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower XXX is on Credit Refresh with Borrower 1 - Buyer-XXX <br> Open-Borrower 2 XXX Credit Report is Missing Missing refreshed credit or evidence of debt monitoring within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130138 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130172 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, no further documentation is needed or required. Lender credit of $XXX for closing costs above legal limit is on final CD. - Due Diligence Vendor-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no further documentation is needed or required. Lender credit of $XXX for closing costs above legal limit is on final CD. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130593 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | Property Issues are Present | Resolved-Received revised appraisal with refrigerator unchecked. Appraiser state no effect to the market value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received commentary regarding appliances--appraisal page XXX reflects refrigerator but only space noted no appliance reflecting in photo. Please clarify. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX and subject is an investment - Due Diligence Vendor-XXX |  | Resolved-Received revised appraisal with refrigerator unchecked. Appraiser state no effect to the market value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130593 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PAGE XXX, THIS WAS RIGHT AFTER THE NOTE WHERE IT WAS SUPPOSE TO BE - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description missing from DOT - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130560 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130266 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received commitment w/ XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see a Note in exception XXX of the attached. - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX Month XXX. - Due Diligence Vendor-XXX |  | Resolved-Received commitment w/ XXX month XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX<br> Months Reserves exceed minimum required - The Borrowers has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130257 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------ XXX (XXX%) tolerance fees increased by $XXX (Credit Report Fee) without a valid XXX in file. There is a lender credit of $XXX, finding resolved. - Due Diligence Vendor-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). ----- XXX (XXX%) tolerance fees increased by $XXX (Credit Report Fee) without a valid XXX in file. There is a lender credit of $XXX, finding resolved.<br> - Due Diligence Vendor-XXX |  | Resolved------ XXX (XXX%) tolerance fees increased by $XXX (Credit Report Fee) without a valid XXX in file. There is a lender credit of $XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130205 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130350 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received Intent to Proceed signed by borrower on XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. intent to proceed - Buyer-XXX<br> Open-There are fees on the final CD that are XXX and borrower's signed intent to proceed is missing from file. Form in file is not executed.<br> - Due Diligence Vendor-XXX |  | Resolved-Received Intent to Proceed signed by borrower on XXX. Finding resolved. - Due Diligence Vendor-XXX | FICO does not meet minimum program requirement - Qualifying FICO XXX is higher than XXX minimum required <br> LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130584 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130118 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130331 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130550 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received all pages of asset statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements All pages to asset XXX are not in loan file. Missing pages XXX - Due Diligence Vendor-XXX |  | Resolved-Received all pages of asset statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130550 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received all pages of asset statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements All pages to asset XXX are not in loan file. Missing pages XXX - Due Diligence Vendor-XXX |  | Resolved-Received all pages of asset statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130550 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX egal Desc recorded with Mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130307 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received signed XXX years XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SIgned XXX - Buyer-XXX<br> Open-Loan is a XXX year Full Doc. File contains executed XXX for XXX but is missing XXX for XXX. - Due Diligence Vendor-07/31/2025 |  | Resolved-Received signed XXX years XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrower FICO score is XXX; guideline minimum is XXX @ XXX% LTV. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130307 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received XXX, good standing and Cert of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and Cert of XXX - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing XXX number for the business. - Due Diligence Vendor-XXX |  | Resolved-Received EIN, good standing and Cert of Org - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrower FICO score is XXX; guideline minimum is XXX @ XXX% LTV. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130123 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130207 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130581 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-The lender provided a 1007 from another appraiser. The XXX amount was $XXX per month. The guides allow for XXX to be calculated off the 1007 if the property is being converted from owner occupied to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal UW using 1007 for the Short Term Rental, not the 1007 for the Long Term Rental<br> - Buyer-XXX <br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. XXX - Minimum DSCR = XXX - Due Diligence Vendor-XXX |  | Resolved-The lender provided a 1007 from another appraiser. The STR amount was $XXX per month. The guides allow for STR to be calculated off the 1007 if the property is being converted from owner occupied to STR. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130545 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received supplement w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing title coverage - Due Diligence Vendor-XXX |  | Resolved-Received supplement w/sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrowers has reserves in the amount of XXX; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130545 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. - Due Diligence Vendor-XXX |  | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrowers has reserves in the amount of XXX; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130170 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Property XXX: Missing XXX Product | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX product / acceptable Desk Review. [ Note: CU score XXX, LCA Score XXX provided ] - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130596 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130547 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors- borrower sold her home on XXX and has been living rent free with XXX until she could find a XXX to purchase. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis. Lender exception in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors- borrower sold her home on XXX and has been living rent free with family until she could find a new home to purchase. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required | Residual income $XXX<br> FICO XXX<br> LTV XXX%<br> Employment stability over XXX years<br> Clean mortgage history up to XXX | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | XXX: The Lender did not document all XXX Factors | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-XXX: The Lender did not document all ATR Factors Missing XXX months XXX for acct \*XXX ranging from from XXX to XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income documentation - Due Diligence Vendor-XXX |  | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX<br> Open-The Originator QM Status is not the same as the Final QM Status. Missing income documentation - Due Diligence Vendor-XXX |  | Resolved-Received missing bank statements. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Borrower 1 XXX Bank Statements Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 XXX Bank Statements Missing Missing XXX months XXX bank statements for acct \*XXX ranging from from XXX to XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower XXX Business Bank Statements Provided - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130236 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Income XXX Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Income XXX Months Income Verified is Missing Missing XXX months XXX for acct \*XXX ranging from from XXX to XXX. - Due Diligence Vendor-XXX |  | Resolved-Income XXX Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130235 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130116 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Open-XXX for credit inquiries is missing. Missing XXX for credit inquiries. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130116 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Transmittal Summary Attached - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130116 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud Guard Attached - Buyer-XXX<br> Open-Missing Third Party Fraud Report. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130116 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-After further review, none of the XXX were negative balances for more than over I wanted to provide an update hours/XXX consecutive dates. - Due Diligence Vendor-XXX<br> Counter-Received confirmation of guidelines-XXX exceed XXX hours and exceed XXX in XXX month period-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PLease see XXX from UW for XXX funds Meeting Guidelines email XXX - XXX-XXX<br> Open-Income and Employment Do Not Meet Guidelines Borrower XXX exceeds the maximum XXX in the last XXX months. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. PLease see XXX from UW for NSF funds Meeting Guidelines XXX THank you - Seller-XXX | Resolved-After further review, none of the NSF's were negative balances for more than over XXX hours/XXX consecutive dates. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline requires XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130175 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130598 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX | Resolved-Received XXX dated XXX with disbursement date of XXX, which corresponds to previously provided final Settlement Statement. Docs provided show loan did not disburse prior to XXX expiration, finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review------Received duplicate CD with disbursement date XXX and XXX with disbursement date XXX. Provide XXX that coincides with XXX with XXX disbursement date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX that reflects the description of the request.<br> 2) XXX that reflects disbusement date of XXX, which supports disbursed after the XXX date XXX. - Buyer-XXX<br> Counter-Received CD XXX, disbursement date XXX. XXX in file states disbursement must be after midnight of XXX. Provide XXX with evidence of delivery after XXX expiration date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the XXX right of rescission test.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 XXX business day following consummation.The consumer may exercise the right to rescind until XXX of the XXX 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. ----- Provide PCCD with disbursement date after the XXX expiration date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received PCCD dated XXX with disbursement date of XXX, which corresponds to previously provided final Settlement Statement. Docs provided show loan did not disburse prior to XXX expiration, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130598 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Rec'd XXX issued XXX. Lender decrease was due to the loan amount increase. Finding resolved. - Due Diligence Vendor-XXX<br> Counter------Received XXX XXX stating consumer request, no other information referring to the decrease in lender credit and explanation. Final CD XXX lender credit decreased $XXX. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX that reflects the description of the request.<br> 2) Final Settlement Statement that reflects disbusement date of XXX, which supports disbursed after the XXX date XXX. - Seller-XXX<br> Counter-Received XXX XXX stating revision requested by consumer, please provided explanation of fee change. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). ----- Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) XXX that reflects the description of the request.<br> 2) Final Settlement Statement that reflects disbusement date of XXX, which supports disbursed after the XXX date XXX. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Rec'd XXX issued XXX. Lender decrease was due to the loan amount increase. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130598 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final Title w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing evidence of sufficient coverage-XXX instruction a XXX lower than the XXX that closed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Final Title w/sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130597 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX<br> Counter-Per XXX of XXX & XXX XXX:XXX a prepayment penalty may only be applied to corporations, XXX specifically. Under XXX a prepayment penalty is not permitted to be charged to an LLC - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX Property with a XXX to an LLC - Not allowed. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130595 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130561 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130540 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received complete CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. Only received page XXX and XXX - missing all other pages - Due Diligence Vendor-XXX |  | Resolved-Received complete CD - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has XXX in reserves; guideline minimum is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130540 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX is the legal right after the note<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has XXX in reserves; guideline minimum is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130227 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Proof XXX is a XXX provided. - Due Diligence Vendor-XXX<br> Counter-Received updated fraud report reflecting alerts cleared. Missing explanation and/or supporting documentation for possible undisclosed property XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Fraud Report provided, however there are uncleared alerts. Possible undisclosed property, XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Third Party Fraud Report Partially Provided- Missing Fraud report to include XXX and XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Proof XXX is a commercial property provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130227 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-XXX for credit inquiries is present in file or not applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX for credit inquiries is missing. Missing ther letter of explanation for the credit inquiries. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-LOX for credit inquiries is present in file or not applicable. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130227 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Additional valuation product has not been provided. Missing XXX or XXX or XXX of XXX or less. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130227 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received purchase contract addendum adding borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. The borrowers on the subject loan are XXX, XXX, XXX and XXX. XXX and XXX are not on the purchase contract.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received purchase contract addendum adding borrowers. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130226 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received correct Note reflecting XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Interest Only shows on tape however no verbiage is not on Note. - Due Diligence Vendor-XXX |  | Resolved-Received correct Note reflecting XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minim is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130226 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | XXX is Partial | Waived-Client provided a waiver XXX without inflation guard, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open XXX Partially Provided Subject XXX does not carry Inflation Guard Coverage-Exception scenario in file, missing XXX approval, finding remains open. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver XXX without inflation guard, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minim is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. | Credit score XXX; XXX months reserves |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130226 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Satisfactory XXX has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Existing XXX has not been on title a full XXX years. - Due Diligence Vendor-XXX |  | Resolved-Satisfactory XXX has been provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minim is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130129 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. LOAN GUARANTY - Buyer-XXX <br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. The guaranty agreement is signed as a XXX. Provide the guaranty agreement signed as an XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130137 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130079 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received XXX months business checking reflecting XXX $XXX various times during month. Documentation is insufficient as it does not support omission of lease payment of $XXX. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending credit documents to exclude debt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130079 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received XXX months XXX and lease statements confirm business pays. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received XXX months business checking reflecting XXX various times during month. Documentation is insufficient as it does not support omission of lease payment of $XXX. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Max DTI is XXX% for XXX. Lender XXX lease \*XXX without support for exclusion. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months business bank statements and lease statements confirm business pays. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130079 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow more than XXX charges in XXX months, Non-materialwaiver applied with comp factors. non-material due to borrower has XXX - Due Diligence Vendor-XXX<br> Open-XXX reflects XXX XXX in last XXX months. Review notes XXX XXX & XXX. Lender exception in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow more than XXX NSF charges in XXX months, Non-materialwaiver applied with comp factors. non-material due to borrower has XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130617 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX payment letter. Missing XXX Payment Letter - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130617 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX is the legal right after the mtg<br> - Buyer-XXX<br> Open- Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130585 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months per Asset Worksheet pg XXX, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130569 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX<br> Open-Note include a Prepayment Penalty for loan closing for an LLC in the State of XXX which is not permitted. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX% <br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130128 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final CD w/sufficient coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title attached<br> - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage is not sufficient - Due Diligence Vendor-XXX |  | Resolved-Received Final CD w/sufficient coverage - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI of XXX% is below max Guideline DTI XXX% <br> Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130128 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client exception granted to allow XXX months rerves, Non-materialwaiver applied with comp factors. non-material due to XXX months reserves is XXX guide, XXX guide is XXX months. - Due Diligence Vendor-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Exception granted by lender - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX months rerves, Non-materialwaiver applied with comp factors. non-material due to XXX months reserves is XXX guide, XXX guide is XXX months. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI of XXX% is below max Guideline DTI XXX% <br> Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income | FICO - Residual income |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130198 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130115 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130312 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received XXX addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note with XXX - Buyer-XXX<br> Open-Missing Prepayment Penalty Addendum to Note; as XXX is annexed with security instrument. - Due Diligence Vendor-XXX |  | Resolved-Received PPP addendum to Note. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br>LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130312 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received XXX addendum to Note. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Note with XXX - Buyer-XXX <br> Open-There are Issues Present on the Note that must be addressed. Missing Prepayment Penalty Addendum to Note; as XXX is annexed with security instrument. - Due Diligence Vendor-XXX |  | Resolved-Received PPP addendum to Note. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br>LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130312 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received property profile confirming primary owned free and clear-previous lien reflects as paid on credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing documentation that borrower's XXX is (XXX) free/clear of any mortgages; and (XXX) taxes and insurance are paid current at the time of subject closing. - Due Diligence Vendor-XXX |  | Resolved-Received property profile confirming primary owned free and clear-previous lien reflects as paid on credit report. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br>LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130312 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br>LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130135 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit refresh report in file dated XXX<br> - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing updated credit or evidence of credit monitoring within XXX days of the note date - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130234 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130628 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received recorded Mortgage with recorded complete Notary. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Mortgage recorded with correction - Buyer-XXX<br> Counter-Received full recorded security instrument with Notary date blank-provide confirmation of corrected recording with Notary date complete. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received Notary page only-please provide complete security instrument with notary page attached within. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Notary is not dated. Provide complete DOT with dated notary stamp. - Due Diligence Vendor-XXX |  | Resolved-Received recorded Mortgage with recorded complete Notary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130566 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, inquiries on the credit report are > XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-Inquiries are over XXX days old from credit report date XXX, not required to be addressed per guidelines. - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Upon further review, inquiries on the credit report are > XXX days. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Residual Income =/> XXX times $XXX monthly residual income - Actual $XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130566 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Collections, liens or judgments not paid at closing | Resolved-Received evidence the XXX have been paid. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The Fraud report pg. XXX reflects XXX and judgments in the amount of XXX. Proof these were paid. - Due Diligence Vendor-XXX |  | Resolved-Received evidence the tax lien have been paid. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Residual Income =/> XXX times $XXX monthly residual income - Actual $XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130531 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-Note indicates Prepayment Penalty, property is XXX in LLC and in state of XXX. Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Note indicates Prepayment Penalty, property is vested in LLC and in state of XXX. Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130145 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Client waiver applied to non-material finding with compensating factors. Increase variance requirement waived per lender. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Counter-Received duplicate statements. Please provide XXX months assets supporting worksheet received page XXX-Other Assets XXX balance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines Missing Asset Utilization XXX month assets documentation for "XXX" used in income calculation. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Increase variance requirement waived per lender. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required | Strong FICO (XXX)<br> Excessive reserves (XXX months)<br> Low DTI (XXX%) | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130145 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). ----- Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. There is a XXX in file, but there is no proof in the file that the borrower received the XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX dated XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130110 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX missing attached legal description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130077 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX | Resolved-Received prepayment addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-PPP addendum to Note not provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note pages XXX - Seller-XXX<br> Open-Prepayment Addendum to Note is a document header and missing full complete documentation and disclosure information. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Note pages XXX - Seller-XXX | Resolved-Received prepayment addendum to Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130077 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received completed security instrument and prepayment rider. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. pp rider - Seller-XXX<br> Counter-Received Legible copy of the Mortgage, however we are missing the PPP Rider. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DOT - Buyer-XXX<br> Open-The Deed of Trust is Incomplete Security Instrument is incomplete as all pages of Mortgagee are missing and fragmented within XXX during imaging, including any required riders. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received completed XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130077 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received legible copy of the 1003. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1003 - Buyer-XXX<br> Open-Loan Application is incomplete as all pages are missing and fragmented within XXX during imaging. - Due Diligence Vendor-XXX |  | Resolved-Received legible copy of the 1003. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130077 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received Legible Copy of the Note. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Note pages XXX - Buyer-XXX<br> Open-Note is incomplete as all pages of Note are missing and fragmented within XXX during imaging. - Due Diligence Vendor-XXX |  | Resolved-Received Legible Copy of the Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130124 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130133 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX | Resolved-Received prepayment addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Final CD and XXX indicate that there is a Prepayment Penalty. Provide the Prepayment Penalty Addendum to the Note. - Due Diligence Vendor-XXX |  | Resolved-Received prepayment addendum to Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130658 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Initial 1003 provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. this was the XXX intial 1003 and they had the previous address wrong it was corrected by the other initial 1003 that I uploaded - Buyer-XXX<br> Counter-Received un-dated 1003 application. Initial 1003 dated by originator is required to confirm application date, finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Initial 1003 is Missing Missing initial 1003 - Due Diligence Vendor-XXX |  | Resolved-Initial 1003 provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br>Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130658 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Credit or Drive report - Seller-XXX<br> Counter-Credit report provided. Please provide the XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Credit or Drive report - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br>Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130658 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT with Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description on DOT - Due Diligence Vendor-XXX |  | Resolved-Received DOT with Legal. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br>Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130591 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130537 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing Credit Inquiry Letter. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrower's FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130281 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX | Resolved-Received XXX dated XXX with disbursement date of XXX and XXX signed by borrower on XXX with cancel date of XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Received XXX and XXX signed on XXX with the midnight of cancel date as XXX. However, the XXX was only open for XXX days, please provide XXX full days required. XXX is not required, only requirement is XXX form showing XXX full days to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Client response: Can you provide clarification where the XXX discrepancy is? <br> Audit response: From the closing docs in file the closing date appears to be XXX and if that is the case then we are missing the final CD provided to borrower on or before the XXX closing date. The only CDs in file are the initial CD dated XXX and CD issued and signed on XXX which would be the post consummation CD. - Due Diligence Vendor-XXX<br> Open-This loan failed the XXX of rescission test.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 XXX business day following consummation.The consumer may exercise the right to rescind until midnight of the XXX 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. -----Provide PCCD with disbursement date after the XXX expiration date XXX. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD dated XXX with disbursement date of XXX and XXX signed by borrower on XXX with cancel date of XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130281 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow XXX for business use of assets. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Lender Exception in file for use of XXX with business access letter for funds. used for reserves, minimal cash out from refi. Loan file contains only the exception request. Need client approval. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow PTIN for business use of assets. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%. | Credit Score: XXX above min<br> Credit History: XXX mtg XXX+ months<br> LTV: XXX% below max | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130211 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130139 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX is Missing | Resolved-Received signed XXX year XXX for b2. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed XXX - Buyer-XXX<br> Counter-XXX received only reflect XXX-missing XXX only. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX<br> 2. XXX - Buyer-XXX<br> Counter-XXX provided is not executed by B2. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX<br> Open-Borrower 2 Executed XXX is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received signed XXX year XXX for XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130171 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130179 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received correct Guaranty Agreement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Original signed document is being sent XXX XXX. XXX attached. - Buyer-XXX<br> Open-The XXX is signed by the borrower as a manager of the entity, and it needs to be signed as an XXX. - Due Diligence Vendor-XXX |  | Resolved-Received correct Guaranty Agreement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130093 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | XXX: The Lender did not document all XXX Factors | Resolved-XXX: The Lender documented XXX or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX<br> Counter-Received duplicate documentation-XXX narrative reflects an exception received for consideration of b2s income. Please provide exception request and approval if applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received previous employment documentation-finding remains-B2- XXX income - Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-XXX: The Lender did not document all XXX Factors XXX income - Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, XXX of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Counter-Received duplicate documentation-UW income narrative reflects an exception received for consideration of b2s income. Please provide exception request and approval if applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received previous employment documentation - finding remains-Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. XXX income - Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Borrower 2 Total Years Employment Verified is Less Than XXX Months | Waived-Client provided a waiver for using XXX and XXX earnings, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Counter-Received duplicate documentation-XXX narrative reflects an exception received for consideration of b2s income. Please provide exception request and approval if applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received duplicate previous employment documentation-missing XXX year history of receiving XXX or converted to XXX in same line of works meeting guidelines XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Less than XXX years employed full time at current employer and using XXX, does not meet full XXX years receiving XXX required. Borrower only worked XXX to XXX full time in XXX and was part time in XXX - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for using XXX and YTD XXX earnings, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. | FICO: XXX<br> Reserves: XXX months | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 2 XXX Missing | Waived-Client provided a waiver for using XXX and XXX earnings applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX<br> Counter-Received duplicate documentation-XXX income narrative reflects an exception received for consideration of b2s income. Please provide exception request and approval if applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received duplicate documentation-previous employment documentation-missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Borrower 2 XXX Missing XXX income - Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX | Waived-Client provided a waiver for using XXX and YTD XXX earnings applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. | Reserves: XXX months verified<br> FICO: XXX | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 3 XXX Credit Report is Missing | Resolved-Received XXX for borrower XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud Guards for all three borrowers - Seller-XXX<br> Counter-Received credit report-missing XXX report for borrower XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received credit report for B3-missing XXX Credit or XXX report for B3. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Borrower XXX XXX Credit Report is Missing Missing XXX Credit Report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Fraud Guards for all XXX borrowers - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received XXX for borrower XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received fraud report reflecting B3. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received fraud report reflecting B1 & b2 only-missing fraud report for B3 XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Third Party Fraud Report Partially Provided Missing full fraud report for B3 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received fraud report reflecting XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130184 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Upon further review, the loan file contained all required XXX documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Additional valuation product has not been provided. Missing XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Upon further review, the loan file contained all required secondary valuation documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130108 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130558 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal with corrected address - Buyer-XXX<br> Counter-Legal attached to the Mortgage is not for subject property. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX is the legal<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130552 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> DSCR % greater than XXX - DSCR = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received XXX bank statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Missing Bank Statement income worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received business bank statement analysis. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br>Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). > XXX days from closing for B1 and B2 - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br>Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received Tax preparer Letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing The lender must verify the borrower's percentage of ownership. Acceptable forms of documentation include a XXX, a signed written statement from a XXX or a Third-Party Tax Preparer. Missing XXX Letter - Due Diligence Vendor-XXX |  | Resolved-Received Tax preparer Letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br>Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Attorney Preference Letter | Resolved-Received XXX Right To XXX. Finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Right To XXX Preference Not In File - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX Right To Choose Attorney Disclosure. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br>Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130078 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Exception to waive housing history on XXX, housing verified for the primary and subject property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver from XXX - Seller-XXX<br> Counter-Borrower states XXX is rented as his primary mailing address but is currently residing in XXX as the borrower moves a lot, however the dates of residing in XXX is not verified. Please provide the XXX for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The borrowers primary residence is XXX . the emails and XXX have all listed this as the borrowers primary residence - Buyer-XXX<br> Counter-Received statements for XXX - we are missing evidence the Primary residence XXX was paid current at the time of closing. (Missing XXX and XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX mortgage statement<br> 2) XXX mortagage statement - Buyer-XXX<br> Counter-Email chain provided, however we are missing evidence the Primary residence was paid current at the time of closing. (Missing XXX and XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see this email chain for the primary residence regarding the XXX for primary residence proof<br> - Buyer-XXX<br> Counter-VOM for subject property provided. Please provide the rental history for the borrowers primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing documentation evidencing borrower's primary residence was current at the time of closing. Credit Report dated XXX & loan closed XXX. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor waiver from XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Exception to waive housing history on XXX, housing verified for the primary and subject property. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% | XXX% DTI<br> XXX months of reserves<br> XXX fico | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130078 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-0XXX<br> Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received Approval. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130078 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX Identification Form<br> - Due Diligence Vendor-XXX |  | Resolved-Received Drivers License. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130078 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received approval - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing lender required copy of the XXX approval or equivalent i.e. customer commitment letter, and/or Seller approval - Due Diligence Vendor-XXX |  | Resolved-Received approval - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130078 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing EIN Number - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received EIN - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130190 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | XXX disaster declared XXX | Resolved-Received XXX with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-The appraiser must comment on the adverse event and certify that there has been no change in the valuation as required by the guidelines.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per our guidelines XXX timeframe is XXX from the date of the XXX - the appraisal was completed XXX, XXX, XXX days after XXX,XXX. We do not need to provide any additional documentation. - Seller-XXX<br> Open-XXX Post closing XXX and Flooding XXX XXX Incident Period: XXX - XXX Declaration Date: XXX<br> XXX need post Disaster inspection report required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. Per our guidelines XXX timeframe is XXX from the date of the XXX - the appraisal was completed XXX XXX, XXX, XXX days after XXX XXX,XXX. We do not need to provide any additional documentation. - Seller-XXX | Resolved-Received PDI with an inspection date of XXX. No damage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130190 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-After further review, there is no XXX alert on the fraud report for these XXX. - Due Diligence Vendor-XXX<br> Counter-Please provide the XXX for the XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-attached is the XXX other verification document - XXX is not required on any business purpose transaction loan. - Seller-XXX<br> Ready for Review-Document Uploaded. attached it he "other" search for the title agent. XXX is not required on any business purpose loan (investment property loan) so it is not required for this loan transaction. - Seller-XXX <br> Open-XXX Check Not Completed and/or Cleared- XXX for XXX and XXX not cleared. - Due Diligence Vendor-XXX | Ready for Review-attached is the XXX agent other verification document - XXX is not required on any business purpose transaction loan. - Seller-XXX<br> Ready for Review-Document Uploaded. attached it he "other" search for the title agent. XXX is not required on any business purpose loan (investment property loan) so it is not required for this loan transaction. - Seller-XXX | Resolved-After further review, there is no XXX alert on the fraud report for these individuals. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX ; minimum score XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Documentation. XXX% owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX docs - Seller-XXX<br> Counter-Received XXX-missing Business Entity Formation Documents- the following are required: XXX: o XXX, Partnership, and Operating Agreement and Certificate of Good Standing o Certificate of Authorization for the person executing all documents on behalf of the Entity o LLC Borrowing Certificate required when all members are not on the loan - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Counter-Received XXX for another business-please provide complete entity documentation for XXX entity-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Business Entity Formation Documents are not provided. Per guides, the following are required: <br> XXX:<br> o Entity Articles of Organization, Partnership, and Operating Agreements as required.<br> o Tax Identification Number (Employer Identification Number – EIN). In any case where a XXX <br> proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm.<br> o Certificate of Good Standing<br> o Certificate of Authorization for the person executing all documents on behalf of the Entity <br> o LLC Borrowing Certificate required when all members are not on the loan - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. LLC docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Business Documentation. XXX% owner. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional assets with documentation to support XXX% owner. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets - Buyer-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Assets are missing from loan file, as reflected on Final 1003. - Due Diligence Vendor-XXX |  | Resolved-Received additional assets with documentation to support XXX% owner. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received additional assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Assets missing from loan file as reflected on Final 1003. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Assets - Seller-XXX | Resolved-Received additional assets. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received documentation to support XXX% owner. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. EIN showing sole owner - Seller-XXX<br> Counter-Received statement of account reflecting borrower as signer-must meet guidelines XXX to confirm ownership percentage of account. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Account ownership XXX - Seller-XXX<br> Counter-Received business documentation for another LLC-missing Operating Agreement or XXX letter confirming borrowers ownership and access to funds reflecting under XXX XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received asset statement for account XXX-missing confirmation of ownership and access to funds in XXX. Please provide XXX letter or Operating Agreement confirming borrower is XXX% owner of business. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. ASSETS - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Assets not provided. Lender to provide verification of assets to cover cash to close and reserves. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX showing sole owner - Seller-XXX<br> Ready for Review-Document Uploaded. Account ownership XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received documentation to support XXX% owner. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX<br> XXX or Additional Valuation has not been entered per securitization requirements - Buyer-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Open-Additional valuation product has not been provided. Secondary valuation not provided per requirements. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CDA - Seller-XXX | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. INCOME CALC - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR Calc not present. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CREDIT REPORT - Seller-XXX<br> Open-Borrower 1 Credit Report is Missing. Credit Report is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CREDIT REPORT - Seller-XXX | Resolved-Received credit report. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received flood cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. FLOOD CERTIFICATE - Buyer-XXX<br> Open-Missing Flood Certificate. - Due Diligence Vendor-XXX |  | Resolved-Received flood cert. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing XXX . - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX; minimum is XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130169 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Flood Certificate Missing Flood cert - Due Diligence Vendor-XXX |  | Resolved-Received Flood Cert. - Due Diligence Vendor-XXX | CLTV is less than guidelines maximum - XXX% LTV, program allows XXX% <br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130557 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130538 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-legal description provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exhibit A. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A missing from mortgage document - Due Diligence Vendor-XXX |  | Resolved-legal description provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130538 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-After further review, the guidelines do not require a XXX. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property XXX missing in XXX. Subject is an XXX - Due Diligence Vendor-XXX |  | Resolved-After further review, the guidelines do not require a refrigerator. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX - Actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received VOM - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX month pay history for XXX. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received VOM - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, gualirying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130202 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130165 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX XXX with correction to the fees and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-----Received XXX XXX with XXX XXX. Updated fees and retested. XXX (XXX%) tolerance fees increased by XXX (Fee XXX) without a valid XXX in file. The XXX is for a lock extension, lock cannot be extended post close. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - CD XXX - Seller-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). \*\*\*\*NEW\*\*\*\* Received PCCD XXX. Updated fees and retested. XXX (XXX%) tolerance fees increased by XXX (Fee XXX) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc - CD XXX - Seller-XXX | Resolved-Received PCCD XXX with correction to the fees and XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months; XXX months required<br> LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130165 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX Right of Rescission Test | Resolved-Received XXX XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the TILA right of rescission test.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 XXX business day following consummation.The consumer may exercise the right to rescind until midnight of the XXX 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. ...Provide XXX with disbursement date after the XXX expiration date. (XXX in file shows expiration date of XXX, Final CD XXX shows Disbursement date of XXX)<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received PCCD XXX, disbursement date XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months; XXX months required<br> LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130162 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130144 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130419 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received Approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received Approval. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Final CD dated XXX includes credit of $XXX for increase in closing costs above legal limit. Finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Closing Mgr XXX<br> - Buyer-XXX <br> Counter-----Received initial documents. XXX (XXX%) tolerance fees increased by $XXX (Title Service, Doc Prep Fee) without a valid XXX in file. XXX in file does not specify explanation of increase. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years, expiration date XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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 XXX dated within XXX days of application, unable to test fee tolerance properly. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Final CD dated XXX includes credit of $XXX for increase in closing costs above legal limit. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received executed XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Intent to Proceed - Buyer-XXX<br> Open-There are fees on the final CD that are XXX and borrower's signed intent to proceed is missing from file.<br> - Due Diligence Vendor-XXX |  | Resolved-Received executed XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX Paid at Closing / XXX at Time of Closing<br>- Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Missing XXX from loan file. - Due Diligence Vendor-XXX |  | Resolved-Received Prior Policy. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Received initial XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its XXX) 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 $XXX, 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 XXX 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 XXX As not being open on XXX 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.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 XXX business day after the creditor receives the consumer's application. ....Missing initial XXX dated within XXX days of Application date. Additional Findings may apply upon receipt. Statue of Limitations - XXX year, expiration date XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received initial XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received initial XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% (XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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 XXX and XXX dated within XXX days of application, unable to test fee tolerance properly. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received initial XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX Disclosure Is Missing | Resolved-Received Homeownership Counseling Disclosure, finding resolved - Due Diligence Vendor-XXX<br> Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Homeownership Counseling Disclosure, finding resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received Settlement Statements for both deposits. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements XXX - deposit of XXX from sale of property - missing XXX to support large deposit<br> XXX deposit of XXX from XXX of XXX - missing XXX to support large deposit - Due Diligence Vendor-XXX |  | Resolved-Received Settlement Statements for both deposits. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130159 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Asset XXX Less Than XXX Months Verified XXX month required. - Due Diligence Vendor-XXX<br> Open-Asset XXX Less Than XXX Months Verified Missing XXX month of asset statement. Guideline: most recent asset statements covering XXX days is required. - Due Diligence Vendor-XXX |  | Resolved-Asset XXX Less Than XXX Months Verified XXX month required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130183 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received confirmation XXX includes betterment - no XXX required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX has all in coverage. XXX not required - Buyer-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX |  | Resolved-Received confirmation Master HOI includes betterment - no XXX required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Cash reserves are in the amount of XXX months; guideline requirement is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130183 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Satisfactory XXX has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. deed reflected on page XXX was filed in XXX. More than XXX months. - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX Month XXX. - Due Diligence Vendor-XXX |  | Resolved-Satisfactory XXX has been provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Cash reserves are in the amount of XXX months; guideline requirement is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130183 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing XXX number. - Due Diligence Vendor-XXX |  | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Cash reserves are in the amount of XXX months; guideline requirement is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130183 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX |  | Resolved-Received EIN. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - Cash reserves are in the amount of XXX months; guideline requirement is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130301 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing updated credit or evidence of credit monitoring within XXX days of the note date for B1 & B2. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130301 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Short Form w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX<br> - Buyer-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing evidence of sufficient coverage for subject loan - Due Diligence Vendor-XXX |  | Resolved-Received Short Form w/sufficient coverage. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV, program allows XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130178 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130562 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130553 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br>Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130553 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX is Missing | Resolved-The XXX is Present - Due Diligence Vendor-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX |  | Resolved-The XXX is Present - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br>Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130553 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing from Deed of Trust. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br>Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130553 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX XXX and XXX XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). ----- Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX and XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br>Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130533 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130529 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing. - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130529 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received complete copy of the DOT. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Deed of Trust is Incomplete ----- Page XXX of document is missing - Due Diligence Vendor-XXX |  | Resolved-Received complete copy of the DOT. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130555 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received XXX for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX signed before closing and the tax transcripts for XXX and XXX - Buyer-XXX<br> Open-Borrower 1 Executed XXX is Missing Missing XXX for XXX borrowers. - Due Diligence Vendor-XXX |  | Resolved-Received XXX for both borrowers. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130546 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Taxes are pages XXX - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing required XXX Month XXX- Due Diligence Vendor-XXX |  | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130541 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received closing disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - XXX - Seller-XXX<br> Counter-Received settlement statement-not signed nor certified-provide certified final settlement statement. If XXX are not included, provide XXX waiver as well. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX <br> Counter-Scanned documents provided are not legible. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received settlement statement-not signed nor certified-provide certified final settlement statement. If XXX are not included, provide XXX waiver as well. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX Statement. XXX purchase price is error.<br> Final CD in Closing Package.<br> - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. XXX on page XXX notes transaction as a purchase. CD on page XXX is only partially completed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX CD - XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received closing disclosure. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130541 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Insurance | XXX Effective Date is after the Note Date | Waived-Client provided a waiver for XXX of insurance, applied to non material finding with comp factor - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Open-XXX Effective Date of XXX is after the Note Date of XXX Missing evidence of coverage at the time of close - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for XXX of insurance, applied to non material finding with comp factor - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130541 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX.<br> - Seller-XXX<br> Open-Missing XXX XXX notes XXX . A copy of that XXX is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX.<br> - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130541 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exhibit A in Closing Package.<br> - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing exhibit A-legal description - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exhibit A in Closing Package.<br> - Seller-XXX | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130088 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client exception granted to allow (less than XXX months seasoning Non-material waiver applied with comp factors. non-material due to assets from sale of XXX owned free and clear. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow (less than XXX months seasoning Non-material waiver applied with comp factors. non-material due to assets from sale of home owned free and clear. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130088 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client waiver applied to non-material finding with compensating factors. Exception to divide assets by XXX months. - Due Diligence Vendor-XXX<br> Counter-Pending receipt of client approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - income calculation - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Unable to support lender income calculation-used total assets less cash to close and reserves/XXX months. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Exception to divide assets by XXX months. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% | XXX fico<br> XXX% LTV | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130088 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Client waiver applied to non-material finding with compensating factors. Exception to divide assets by XXX months. - Due Diligence Vendor-XXX<br> Open-Income and Employment Do Not Meet Guidelines Total assets submitted for asset depletion are less than the lesser or $XXX and $XXX% of loan amount as required. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Exception to divide assets by XXX months. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% | XXX fico<br> XXX% LTV |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130088 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- Legal Description is missing - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> LTV is less than guideline maximum - XXX% LTV, program allows XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130131 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received bank statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing income worksheet - Due Diligence Vendor-XXX |  | Resolved-Received bank statement analysis. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130548 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130134 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130111 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130594 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- Missing Legal Description - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130554 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received preliminary title report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Title Document is missing Missing title - Due Diligence Vendor-XXX |  | Resolved-Received preliminary title report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130554 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130130 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Income worksheet missing - Due Diligence Vendor-XXX |  | Resolved-Received worksheet. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Received XXX documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX again with distribution used highlighted. If not sufficient, please provide more specifics. Thank you! - Seller-XXX <br> Counter-Received current listing and XXX months lookback from XXX-missing distributed amount considered in DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-DSCR worksheet states that XXX XXX month lookback was used. However, the documentation is not in file. Additional Conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see XXX lookback again with distribution used highlighted. If not sufficient, please provide more specifics. Thank you! - Seller-XXX | Resolved-Received XXX documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received recert of value appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Revised appraisal missing to support XXX value. - Due Diligence Vendor-XXX |  | Resolved-Received recert of value appraisal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130155 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130127 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130156 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Insurance | Flood Certification Date is greater than Note Date | Waived-Per client, appraisal was used for the determination. Subject is an investment not located in the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Flood Certification Date is greater than XXX Missing Flood Certification/XXX Determination in effective as of the date of closing, XXX. Flood Cert provided is dated post close of XXX. - Due Diligence Vendor-XXX |  | Waived-Per client, appraisal was used for the determination. Subject is an investment not located in the XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130156 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Upon further review, XXX is present in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-Unsatisfactory XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, XXX is present in the loan file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130156 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX |  | Resolved-Received Business Purpose Disclosure. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130132 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130082 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX <br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130201 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX does not meet requirements | Waived-Client exception granted to allow > XXX% XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Exception request and approval email uploaded for review - Buyer-XXX<br> Open-XXX exceeds guides of XXX% - Currently XXX% - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow > XXX% Investor Concentration XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Long term residence - Borrower at primary residence from the past XXX years.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; the guideline minimum is XXX. | There will be an Exception LLPA hit of __.XXX____ that will apply for this specific exception. | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130154 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received Amendment w/the correct sales price. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Addendum reflecting purchase price of XXX - Buyer-XXX <br> Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing addendum with XXX of XXX - Due Diligence Vendor-XXX |  | Resolved-Received Amendment w/the correct sales price. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> DSCR % greater than XXX - XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130143 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130098 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received confirmation of no XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Underwriter confirmation of EIN - Buyer-XXX<br> Counter-Received Op Agreement, Good Standing, Articles of Inc--missing XXX-if using SS as XXX XXX to provide confirmation of no EIN and using XXX# in XXX of. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Document uploaded for review is the Business Purpose Affidavit. The Business Entity Formation Document is Missing XXX Doc to confirm EIN # - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX aff - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing EIN Doc - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of no XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130225 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title issue | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX month XXX - Buyer-XXX<br> Open-Appriasal relects last transfer was XXX. Noted that unrecorded transfer to be obtained or be completed prior to closing to satisfy XXX month XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months per XXX. Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130225 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received XXX bank statement analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Incom Cal - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX bank statement analysis. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months per XXX. Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130254 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130254 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-Loan closed in LLC. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX<br> Open-Per XXX of XXX & XXX XXX:XXX a prepayment penalty may only be applied to corporations, XXX specifically. Under XXX a prepayment penalty is not permitted to be charged to an LLC - Due Diligence Vendor-XXX |  | Waived-Loan closed in LLC. Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX Required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130544 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Received PCCD confirming correct gift amount received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final XXX supporting XXX in gift funds<br> Gift Funds wire details XXX - Buyer-XXX<br> Open-The Final CD indicates that a Gift of XXX was given; Gift letters in the file only supports XXX on page XXX and XXX. - Due Diligence Vendor-XXX |  | Resolved-Received PCCD confirming correct gift amount received. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Fico score is XXX; guideline minimum is XXX.<br> LTV is less than guideline maximum - The LTV is XXX%; guideline maximum is XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130544 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved------ XXX (XXX%) tolerance fees increased by XXX (Recording Fee) without a valid XXX in file. Lender credit of XXXon final CD. Finding resolved<br> - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% 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 XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 XXX 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). ----- XXX (XXX%) tolerance fees increased by $XXX (Recording Fee) without a valid XXX in file. Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX |  | Resolved------ XXX (XXX%) tolerance fees increased by $XXX (Recording Fee) without a valid XXX in file. Lender credit of $XXX on final CD. Finding resolved<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Fico score is XXX; guideline minimum is XXX.<br> LTV is less than guideline maximum - The LTV is XXX%; guideline maximum is XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130544 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received XXX. (XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. (XXX). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers Fico score is XXX; guideline minimum is XXX.<br> LTV is less than guideline maximum - The LTV is XXX%; guideline maximum is XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130152 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX | Resolved-Received initial CD XXX, esigned XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed initial CD - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received initial CD XXX, esigned XXX. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130152 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraudguard - Buyer-XXX<br> Open-Third Party Fraud Report Partially Provided Only Risk Summary was provided - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130152 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DOT WITH EXHIBIT A - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A is missing - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130152 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings.<br> - XXX - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings.<br> - XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130120 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-Upon further review, subject transaction is XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX. - Buyer-XXX<br> Open-XXX Not Allowed for Program Lender exception for XXX transaction on an investment purchase. Borrower is a XXX agent in XXX; however, not licensed in XXX; there is an existing business relationship with XXX. However, auditor was unable to locate an approval from client. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, subject transaction is XXX - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br>Months Reserves exceed minimum required - Reserves: XXX Min XXX | FICO XXX<br> DSCR XXX<br> Reserves XXX months <br> Credit History | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130161 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Credit Supplement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) mtg updated supplement<br> 2) primary mtg stmt - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements lender to provide verification the primary home mortgage is paid current through closing. - Due Diligence Vendor-XXX |  | Resolved-Received Credit Supplement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130161 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow XXX, Non-material waiver applied with comp factors. non-material due to Layer is from a XXX, borrower is the beneficiary of the trust. - Due Diligence Vendor-XXX<br> Open-Exception for XXX. Trust is XXX% owner of XXX on XXX. The Borrower is the XXX of the XXX.<br>Currently XXX is XXX directly in the XXX with the borrower as XXX (and XXX) and the borrower is sole member of the LLC. Ownership of the LLC will be transferred to the trust and title will be transferred to the LLC. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered LLC, Non-material waiver applied with comp factors. non-material due to Layer is from a trust, borrower is the beneficiary of the trust. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. | Credit History XXX; Reserves in the amount of XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130177 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX acct # XXX mortgage statement not provided. - Due Diligence Vendor-XXX |  | Resolved-Received XXX statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130567 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document provided - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Title Document is missing - Due Diligence Vendor-XXX |  | Resolved-Title Document provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> DSCR % greater than XXX - Qualifying DSCR is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130567 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded certified true copy of documents sent for recording, Mortgage with Legal. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal - Due Diligence Vendor-XXX |  | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> DSCR % greater than XXX - Qualifying DSCR is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower does not meet residual income requirement | Resolved-After further review, the guides allow for the XXX% expense factor. - Due Diligence Vendor-XXX<br> Counter-Received revised income calculation reflecting XXX% business expense factor-missing business expense letter meeting XXX of guidelines confirming XXX% expense ratio. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. income has been redone and we do meet the residual income - Seller-XXX<br> Open-The minimum monthly residual income is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. income has been redone and we do meet the residual income - Seller-XXX | Resolved-After further review, the guides allow for the XXX% expense factor. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received XXX confirming awarded to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing evidence of the taxes, insurance and XXX for XXX -<br> XXX is responsible - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing evidence of the taxes, insurance and XXX for XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing evidence of the taxes, insurance and HOA for XXX XXX -<br> XXX is responsible - Seller-XXX | Resolved-Received XXX confirming awarded to ex spouse. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending missing income documents. - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-XXX provided confirming the XXX is responsible for the mtg effective XXX and credit reflects paid through XXX. - Due Diligence Vendor-XXX<br> Counter-Received XXX-it awards subject property to XXX spouse-please clarify. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. proof the liabilty is the XXX - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence mortgage for XXX is paid current. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. proof the liabilty is the exhusband - Seller-XXX | Resolved-Divorce decree provided confirming the ex-husband is responsible for the mtg effective XXX and credit reflects paid through XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed DOT with legal attached - Buyer-XXX<br> Counter-Received unexecuted security instrument-please provide complete security instrument with legal description attached. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DOT with legal - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received XXX confirming award to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Income XXX Months Income Verified is Missing - Buyer-XXX<br> Open-Income XXX Months Income Verified is Missing Missing evidence of taxes, insurance, and XXX for XXX - Due Diligence Vendor-XXX |  | Resolved-Received divorce decree confirming award to ex spouse. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received XXX XXX, payee updated. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Credit Report Fee in section B is payable to Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state XXX (for the benefit of) to said Vendor. Provide a post close CD with correction within XXX days of discovery date. Statute of Limitations XXX Year: XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. PCCD - Seller-XXX | Resolved-Received PCCD XXX, payee updated. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130151 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow XXX doc to confirm XXX% ownership in XXX on bank statements. - Due Diligence Vendor-XXX<br> Counter-Per email from the client, pending XXX to review and waive the condition.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Please provide exception request and client email approval of exception. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Counter-Received Department of XXX validation of corporation-please document percentage of ownership with XXX letter or Operating Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Statement provided, however evidence of the % of ownership was not located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Per final 1003, XXX # XXX balance XXX not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow XXX XXX doc to confirm XXX% ownership in XXX on bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. | Strong credit score (XXX)<br> DSCR over XXX (XXX)<br> LTV less than max (XXX%) | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130151 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Asset XXX Missing | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow XXX doc to confirm XXX% ownership in XXX on bank statements. - Due Diligence Vendor-XXX<br> Counter-Per email from the client, pending TPR to review and waive the condition. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Please provide exception request and client email approval of exception. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Counter-Received Department of State validation of corporation-please document percentage of ownership with XXX letter or Operating Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Statement provided, however evidence of the % of ownership was not located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing updated / XXX == statement for XXX XXX reflecting current balance of XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception to allow XXX XXX doc to confirm XXX% ownership in XXX on bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. | Strong credit score (XXX)<br> DSCR over XXX (XXX)<br> LTV less than max (XXX%) | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130112 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received Tax Preparer Verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received Tax Preparer Verification. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130080 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-After further review, the co-borrower is not required to take title. - Due Diligence Vendor-XXX<br> Counter-Received title XXX-occupying borrower did not executed security instrument-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The co-borrower did not sign the DOT - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-After further review, the co-borrower is not required to take title. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received XXX w/borrower vested. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Received confirmation co signor is not vesting--preliminary title received does not reflect proposed insured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title XXX - Buyer-XXX<br> Open-Property Title Issue Missing borrowers' names on title. - Due Diligence Vendor-XXX |  | Resolved-Received XXX w/borrower XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). missing insured amount - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received Final Title w/sufficient coverage. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Compliance | TRID | Charges That Cannot Increase Test | Waived-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 XXX.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). ....Resolved by lender credit for increase in closing costs above legal limit in the amount of $XXX. - Due Diligence Vendor-XXX <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 XXX.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). ....Resolved by lender credit for increase in closing costs above legal limit in the amount of $XXX. - Due Diligence Vendor-XXX |  | Waived-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 $XXX.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). ....Resolved by lender credit for increase in closing costs above legal limit in the amount of $XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Data | Borrower 1 XXX Date is in the XXX | Waived-Client waiver applied to non-material findings - Due Diligence Vendor-XXX<br> Open-Borrower 1 Final Signature Date is greater than the transaction date of XXX - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130109 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Data | Borrower 2 XXX Date is in the XXX | Waived-Client waiver applied to non-material findings - Due Diligence Vendor-XXX<br> Open-Borrower 2 Final Signature Date is greater than the transaction date of XXX - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - MIn XXX, actual XXX |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130289 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Lender bank statement calculator is required - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-XXX | Long term residence - XXX years oat primary residence<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130289 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX for all XXX and CDs, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.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). XXX (XXX%) tolerance fees increased by XXX (Discount Points, Appraisal Fee, and Transfer Taxes) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX | Resolved-Received XXX for all XXX and XXX, finding resolved. - Due Diligence Vendor-XXX | Long term residence - XXX years oat primary residence<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130141 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached XXX, no XXX required as this is for this loan - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Qualifying DTI below maximum allowed - Maximum DTI is XXX%, qualifying DTI is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130141 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Final CD on new XXX on departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) See all asset statements to total XXX<br> 2) See Note and XXX CD from XXX - Buyer-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX |  | Resolved-Received Final CD on new XXX on XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Qualifying DTI below maximum allowed - Maximum DTI is XXX%, qualifying DTI is XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130141 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received Final CD on new XXX on departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) See Note and Final CD from XXX<br> 2) See all asset statements to total XXX - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is XXX'. Assets are Insufficient. UW cover letter - assets section refers to a XXX. Documentation for XXX is not in file. XXX not added to assets. - Due Diligence Vendor-XXX |  | Resolved-Received Final CD on new XXX on XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Qualifying DTI below maximum allowed - Maximum DTI is XXX%, qualifying DTI is XXX% |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130319 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received documentation to support property XXX is paid through business - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is making the payments for the mortgage which XXX is XXX. XXX months business bank stmts uploaded in the file to exclude the payment - Seller-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI is out of line. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Business is making the payments for the mortgage which XXX is escrowed. XXX months business bank stmts uploaded in the file to exclude the payment - Seller-XXX | Resolved-Received documentation to support property XXX is paid through business - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received documentation to support XXX is paid by the business. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business is making the payments for the mortgage which XXX is XXX. XXX months XXX bank stmts uploaded in the file to exclude the payment - Seller-XXX<br> Open-Provide additional evidence that the XXX XXX on the XXX Worksheet is is in the XXX. The Mortgage Statement (page XXX) is in the Borrowers name and the Tax Cert (page XXX) is in the XXX. If the XXX is to be included the DTI will exceed the XXX% allowed additional conditions may be applied. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Business is making the payments for the mortgage which XXX is escrowed. XXX months business bank stmts uploaded in the file to exclude the payment - Seller-XXX | Resolved-Received documentation to support XXX is paid by the business. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received documentation to support property XXX is paid through business. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business is making the payments for the mortgage which XXX is XXX. XXX months business bank stmts uploaded in the file to exclude the payment - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Lender did not hit the client with the additional property PITI, rental income not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Business is making the payments for the mortgage which XXX is escrowed. XXX months business bank stmts uploaded in the file to exclude the payment - Seller-XXX | Resolved-Received documentation to support property XXX is paid through business. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is making the payments for the mortgage which XXX is XXX. XXX months XXX bank stmts uploaded in the file to exclude the payment - Buyer-XXX<br> Open-The Originator QM Status is not the same as the Final QM Status. Pending - DTI Exceeds maximum - Due Diligence Vendor-XXX |  | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing 1008. The 1008 in the file Belongs to another Borrower page XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received 1008. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130097 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130092 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Appraisal is Missing Missing Appraisal. - Due Diligence Vendor-XXX |  | Resolved-Received appraisal - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130101 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130114 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client provided a waiver for >XXX, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received client exception approval-missing exception request-please provide. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX attached as the email from XXX approving exception was pasted in XXX. - Buyer-XXX<br> Open XXX has indicated that there is an Alert; XXX found. Guideline allows XXX occurrences within the last XXX months. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for >XXX NSFs, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrowers has reserves in the amount of XXX months; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. | Credit Score XXX points > minimum fico required. XXX>XXX<br> DTI XXX% < max<br> Mortgage rating XXX for XXX months | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130114 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrowers has reserves in the amount of XXX months; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130091 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130536 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX dated XXX, Finding is Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) CD XXX w/ Lender Credit of XXX with $XXX reduction<br> 2) Revised CD and XXX XXX with Lender Credit at XXX. - Buyer-XXX <br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). ----- Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX dated XXX, Finding is Resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130167 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received Trust Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Certification of Trust - Seller-XXX <br> Open-Trust/XXX Does Not Meet Guideline Requirements The full Trust documents were not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Certification of Trust - Seller-XXX | Resolved-Received Trust Cert. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130167 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received receipt date for revised CD dated XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD with XXX for points - please see the date it was sent to borrower on the cert of completion - Buyer-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. XXX the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----CD XXX #XXX was not signed by the borrower and not receipt in file that borrower received it. - Due Diligence Vendor-XXX |  | Resolved-Received receipt date for revised CD dated XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130167 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX and receipt date for revised CD dated XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD with XXX for points - please see the date it was sent to borrower on the cert of completion - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the 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). -----Lender credit decreased from $XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. XXX is in file, but there is no record of borrower receiving it.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX and receipt date for revised CD dated XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130103 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130103 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Upon further review, the loan file contained all required XXX approval documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Subject Property is part of an XXX but the XXX Document is Missing. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required XXX approval documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130103 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Property | Property | XXX or XXX is outside of guidelines | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Subject property is XXX sq ft and the appraisal includes XXX sold comps and XXX listing comp of similar size. Borrowers relocated to XXX about XXX months<br> ago where they own their primary residence. The XXX is a professor at The XXX and is required to be in the XXX area once<br> a month. The subject is being purchased so they can stay there when in XXX. Excellent credit with just XXX minor XXX day lates in XXX and earlier.<br> Borrowers have >XXX months in verified reserved and >$XXX in residual income. XXX has been with her employer for XXX years. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. | FICO >XXX pts higher than reserves, DTI XXX, Residual Income >$XXXmore than minimum |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130084 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 XXX Less Than XXX Months Provided | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) UW due diligence email<br> 2) award letter - Buyer-XXX<br> Open-Borrower 1 XXX Less Than XXX Months Provided Missing verification of retirement Income from Ameriprise - XXX Form XXX . (only Form XXX XXX were provided) - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO XXX; minimum FICO XXX required<br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130084 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow for - Relevant Guideline: The XXX shows actual cashew value on the roofs.<br> Exception Request: The XXX shows actual cashew value on the roofs. The roofs are the original XXX and the project's XXX was constructed in XXX & XXX with the XXX around XXX. Roofing inspection shows the roofs should last at least another XXX years. The XXX is budgeting to collect XXX% in reserves. Borrower has >XXX months of verified reserves and excellent credit. DTI includes hitting borrower for full PITIA. Borrower is retied and down sizing so they don't have to do outdoor maintenance. The roofs are the original construction and the project's XXX phase was constructed in XXX & XXX with the XXX constructed around XXX. Roofing inspection shows the roofs should last at least another XXX years. The XXX is budgeting to collect XXX% in reserves. Borrower has >XXX months of verified reserves and excellent credit. DTI includes hitting borrower for full PITIA. Borrower is retied and down sizing so they don't have to do outdoor maintenance.<br> Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow for - Relevant Guideline: The XXX shows actual cashew value on the roofs.<br> Exception Request: The XXX shows actual cashew value on the roofs. The roofs are the original construction and the project's XXX was constructed in XXX & XXX with the XXX constructed around XXX. Roofing inspection shows the roofs should last at least another XXX years. The XXX is budgeting to collect XXX% in reserves. Borrower has >XXX months of verified reserves and excellent credit. DTI includes hitting borrower for full PITIA. Borrower is retied and down sizing so they don't have to do outdoor maintenance. The roofs are the original construction and the project's XXX was constructed in XXX & XXX with the XXX constructed around XXX. Roofing inspection shows the roofs should last at least another XXX years. The XXX is budgeting to collect XXX% in reserves. Borrower has >XXX months of verified reserves and excellent credit. DTI includes hitting borrower for full PITIA. Borrower is retied and down sizing so they don't have to do outdoor maintenance.<br> Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO XXX; minimum FICO XXX required<br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required | Credit Score: XXX pts higher than min<br> DTI: XXX%+ less than max<br> Reserves: XXX more than min.<br> Residual Income: $XXX more than minimum<br> Credit History: Excellent - no derogs<br> Credit Profile: minimal consumer debt other t<br>|  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130083 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130146 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130146 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX dated XXX for increase in Appraisal fee. Final CD includes lender credit of $XXX for increase in closing costs above legal limit. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). ----- XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee and XXX Certification Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX dated XXX for increase in Appraisal fee. Final CD includes lender credit of$XXX for increase in closing costs above legal limit. Finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130543 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Upon further review, the loan file contained all required short term rental documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Either XXX monthly statements or an annual statement provided by the online service is required to document receipt of the rental income. In addition, a screen shot of the online listing must show the property is activity marketed as a short-term rental. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required short term rental documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130543 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130209 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Payment history provided showing the XXX and XXX payments being made on time. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Subject property payment ledger showing payments made XXX, XXX, and XXX for XXX and XXX mortgage payments. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements \*New\* XXX > XXX maximum allowed. Per Statement borrower was due for XXX. Borrower was XXX at closing. - Due Diligence Vendor-XXX |  | Resolved-Payment history provided showing the XXX and XXX payments being made on time. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130209 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Client provided signed final settlement statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed final settlement statement - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. - Due Diligence Vendor-XXX |  | Resolved-Client provided signed XXX . - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130209 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Upon further review, the loan file contained fraud report pg XXX of original file. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. fraud - this was in the initial submission toward the end of the package - Buyer-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained fraud report pg XXX of original file. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130102 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | XXX is Partial | Waived-Received XXX with an effective date of XXX. Client waiver applied with comp factor. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received XXX-effective date XXX is after Note and disbursement date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Missing XXX - Due Diligence Vendor-XXX |  | Waived-Received XXX with an effective date of XXX. Client waiver applied with comp factor. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2025130113 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review- XXX reflects no late fees or other charges affiliated with the loan. XXX has provided a payoff statement reflecting this information. Borrower had a modification back in XXX in which the XXX was acquired- No payments were required since XXX and the payoff reflects no delinquencies. Condition resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per XXX Scenario Desk--"if payoff shows clean then it would be acceptable without an exception..." - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements No payment on XXX with XXX made since XXX, payment has been deferred. Although borrower provided a letter of explanation stating that they thought a modification was in place consolidating the XXX and XXX, there is no documentation to support (1) timely payments made since XXX; and (2) no documentation supporting a modification was made that included the consolidation of both mortgages. XXX deferred payments are unacceptable credit events and disqualifies borrower(s) from financing. - Due Diligence Vendor-XXX |  | Resolved-After further review- XXX reflects no late fees or other charges affiliated with the loan. XXX has provided a payoff statement reflecting this information. Borrower had a modification back in XXX in which the second lien was acquired- No payments were required since XXX and the payoff reflects no delinquencies. Condition resolved - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br>Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130611 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXX - XXX statements confirming paid current, credit report reflects current and previous servicer for XXX months paid as agreed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CREDIT REPORT = Subject property shows a mortgage with XXX Mortgage XXX for XXX mos. <br> Prior mortgage with XXX shows XXX for XXX mos. <br> Last payment made was in XXX. <br> Mortgage statements provided showing the XXX, XXX, XXX & XXX payments made. - Buyer-XXX<br> Open-Missing a complete consecutive XXX month housing payment history on the subject. Credit report shows XXX mos reviewed w/current lender. Mortgage statements provided for XXX months to show payments made from XXX. Missing evidence of payments for XXX, XXX and XXX- Due Diligence Vendor-XXX |  | Resolved-Received XXX - XXX statements confirming paid current, credit report reflects current and previous servicer for XXX months paid as agreed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130611 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-Upon further review, the loan file contained all required entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Purpose in Initial Disclosure Package.<br> - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Missing'. Missing Loan Agreement - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required entity documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130611 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet. - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. The actual DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130611 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-XXX XXX; If Held in an entity such as XXX XXX or XXX initial and final grade of XXX, waiver applied. Per XX, XXX can only be applied to loans closing in a XXX or XXX specifically. An LLC or XXX cannot be assessed a XXX. - Due Diligence Vendor-XXX |  | Waived-XXX XXX; If Held in an entity such as XXX, XXX or XXX initial and final grade of XXX, waiver applied. Per XXX , a XXX can only be applied to loans closing in a C-Corp or S-Corp specifically. An XXX or XXX cannot be assessed a XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130532 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received all pages to lease with address. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Lease Agreement, Including Address. - Buyer-XXX<br> Open-Lease in file and amount used by lender for DSCR calculation. However full property address is not listed (missing street name) on lease. Updated lease is required. - Due Diligence Vendor-XXX |  | Resolved-Received all pages to lease with address. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130530 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received Credit Report. Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Audited FICO of is less than Guideline FICO of XXX Credit report is missing from the file - Due Diligence Vendor-XXX |  | Resolved-Received Credit Report. Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130530 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. Additional conditions may apply - Due Diligence Vendor-XXX |  | Resolved-Received Credit Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - Maximum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2025130173 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130528 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Borrower 1 has submitted XXX P&L - supports Income used for qualification. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Missing XXX XXX P&L-signed and dated by borrower - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Buyer-XXX<br> Counter-Received note using B1 schedule XXX income--missing the following for XXX income to be considered: 1. XXX P&L-signed/dated. 2. Revised XXX/XXX including income. 3. Acceptable validation of self employed income. Additional conditions may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Reviewed DTI- XXX total income, XXX P&I, $XXX taxes, insurance, XXX, and $XXX in consumer Debt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Audit matches Lender 1008, and Final 1003 figures exactly. However, eresi qualifying terms require selection of start rate at fully amortizing payment since Note is interest only fixed, which is what is causing DTI to be out of line. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower 1 has submitted XXX P&L - supports Income used for qualification. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130528 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Borrower 1 has submitted XXX P&L - supports Income used for qualification. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Missing XXX XXX P&L-signed and dated by borrower - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX<br> Counter-Pending complete documentation for use of secondary self employment income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Reviewed DTI- XXX total income, XXX P&I, $XXX taxes, insurance, XXX, and $XXX in consumer Debt.<br> - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI Exceeds maximum - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower 1 has submitted XXX P&L - supports Income used for qualification. Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130528 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Credit missing and not reflect on Fraud. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130528 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing XXX Credit missing and not reflect on Fraud. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130528 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Initial XXX Disclosure | Waived-Initial XXX Account Disclosure is Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Initial XXX Disclosure is Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130572 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130572 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130568 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130136 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130136 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130136 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-This condition is resolved or not applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing documentation which confirms sufficient dwelling coverage of no less than XXX; coverage provided is $XXX. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-This condition is resolved or not applicable. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130148 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-Borrower's bank statement was provided, which matches the transaction history for the housing history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Transaction history was used to document Rent Received which is required by the guidelines. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR cash out refinance of a free and clear property. Cash out proceeds XXX. Agree that the XXX statement with a balance of $XXX did not reflect the account holder's name. Program guidelines state that cash out proceeds are eligible for reserves. Unclear as to the relevancy of the XXX statement. Chase statement uploaded to portal.<br> - Buyer-XXX<br> Counter-Please provide documentation to support the account owner, transaction history provided is for rent received. (Not used for asset/reserves). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing full bank statement to support the transaction history provided, confirming account owner and minimal identifying information. - Due Diligence Vendor-XXX |  | Resolved-Borrower's bank statement was provided, which matches the transaction history for the housing history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130539 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130534 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130122 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130549 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived-Client exception granted for PTIN validation of expense factor and employment, waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Lender exception in file for validating expense factor of XXX% with PTIN. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Waived-Client exception granted for XXX validation of expense factor and employment, waiver applied with compactors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. | Program Min FICO: XXX; Qualifying FICO: XXX<br> Program Max DTI: XXX; Qualifying DTI: XXX<br> Program Max LTV XXX; Qualifying LTV: XXX<br> Program Min Reserves XXX; Qualifying Reserves: XXX | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2025130549 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with missing pages and legal is part of the mortgage page XXX - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A and the following pages of the mortgage: XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage with missing pages and legal is part of the mortgage page XXX - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130549 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd XXX issued XXX and XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). ----- XXX (XXX%) tolerance fees increased by $XXX (Mortgage Broker Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration date XXX<br> - Due Diligence Vendor-XXX |  | Resolved-Rec'd XXX issued XXX and XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130549 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect XXX Form Type selected | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form XXX is 'XXX (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). XXX Form XXX is acceptable in place of XXX form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form XXX is 'XXX (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). XXX Form XXX is acceptable in place of XXX form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Qualifying DTI below maximum allowed - Max DTI is XXX%; qualifying DTI is XXX%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No | XXX |
| 2025130542 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130096 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130104 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description in XXX. - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130163 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130090 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2025130100 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received final inspection. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. final inspection - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present MISSING COMPLETION REPORT AND Certificate of Occupancy (XXX) - Due Diligence Vendor-XXX |  | Resolved-Received final inspection. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130100 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VOE's for both employers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final VVOEs are enclosed. Please note, the loan closed XXX. Please also note that as per the Presige paystubs in file, they are XXX Property Mgmt - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing Closing VVOE for both employers. - Due Diligence Vendor-XXX |  | Resolved-Received VOE's for both employers. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130100 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow Waived-Client exception granted to allow Credit history exceeds minimum required - Credit history exceeds minimum required<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required LTV XXX% under max<br> FICO XXX pts over min<br> Residual over $XXX<br> Reserves XXX+ months Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130081 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received credit report considered in XXX and fico matching the Tape. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Audited FICO of XXX is less than Guideline FICO of XXX It should be noted the 1008 reflects the borrower's qualifying credit score is XXX; however, loan file does not contain a credit report that supports a qualifying score of XXX. The credit report shows a middle score of XXX. The loan file does not contain a loan exception or an additional credit report. - Due Diligence Vendor-XXX |  | Resolved-Received credit report considered in XXX and fico matching the Tape. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - The calculated DSCR is at XXX% which is above the guideline of .XXX%<br> Months Reserves exceed minimum required - The borrower has $XXX in a savings account and received XXX in proceeds from this refinance. The subject property was owned free & clear. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2025130563 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2025130086 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |

---

## Exhibit 99.14

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.14**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025130524 | XXX |  | XXX D A B |
| 2025130522 | XXX |  | XXX D A |
| 2025130523 | XXX |  | XXX D C A |
| 2025130520 | XXX | XXX | XXX D A |
| 2025130519 | XXX |  | XXX D A |
| 2025130666 | XXX |  | XXX A |
| 2025130514 |  | XXX | XXX D A |
| 2025130515 | XXX |  | XXX D A |
| 2025130667 | XXX |  | XXX C A |
| 2025130516 | XXX |  | XXX D A |
| 2025130518 | XXX |  | XXX D A |
| 2025130665 | XXX |  | XXX D A |
| 2025130664 | XXX |  | XXX A |
| 2025130663 | XXX |  | XXX A |
| 2025130498 | XXX |  | XXX C A |
| 2025130513 |  | XXX | XXX C A |
| 2025130521 | XXX |  | XXX A |
| 2025130508 | XXX |  | XXX D A |
| 2025130382 | XXX | XXX | XXX D A |
| 2025130379 | XXX | XXX | XXX C A |
| 2025130383 | XXX | XXX | XXX C A B |
| 2025130377 | XXX | XXX | XXX C A |
| 2025130375 | XXX | XXX | XXX C A B |
| 2025130381 | XXX |  | XXX A |
| 2025130380 | XXX | XXX | XXX C A B |
| 2025130482 | XXX |  | XXX D A B |
| 2025130500 | XXX |  | XXX D A |
| 2025130489 | XXX |  | XXX A |
| 2025130374 | XXX | XXX | XXX D A |
| 2025130422 | XXX |  | XXX D A |
| 2025130376 | XXX | XXX | XXX C A |
| 2025130378 | XXX | XXX | XXX C A B |
| 2025130496 | XXX |  | XXX D C A B |
| 2025130510 | XXX |  | XXX D A B |
| 2025130509 | XXX |  | XXX D A B |
| 2025130494 | XXX |  | XXX D A |
| 2025130677 | XXX |  | XXX A B |
| 2025130384 | XXX | XXX | XXX D A B |
| 2025130448 | XXX |  | XXX D A |
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| 2025130491 | XXX |  | XXX C A B |
| 2025130393 | XXX |  | XXX C A |
| 2025130438 | XXX | XXX | XXX D A B |
| 2025130484 | XXX | XXX | XXX C A |
| 2025130470 | XXX |  | XXX D A |
| 2025130648 | XXX |  | XXX C A D B |
| 2025130480 | XXX |  | XXX D A |
| 2025130471 | XXX |  | XXX A |
| 2025130661 | XXX |  | XXX A |
| 2025130659 | XXX |  | XXX C A |
| 2025130386 | XXX |  | XXX A |
| 2025130495 |  | XXX | XXX C A |
| 2025130506 | XXX |  | XXX C A B |
| 2025130430 | XXX |  | XXX D A |
| 2025130476 | XXX | XXX | XXX C A |
| 2025130507 | XXX |  | XXX D A B |
| 2025130425 | XXX |  | XXX D A B |
| 2025130402 | XXX |  | XXX D A |
| 2025130462 | XXX |  | XXX A |
| 2025130662 | XXX |  | XXX A D |
| 2025130643 | XXX |  | XXX C A |
| 2025130457 | XXX |  | XXX D A |
| 2025130427 | XXX |  | XXX A |
| 2025130463 | XXX |  | XXX C A B |
| 2025130397 | XXX | XXX | XXX D A |
| 2025130285 |  | XXX | XXX C A |
| 2025130654 | XXX | XXX | XXX A |
| 2025130458 | XXX |  | XXX D A |
| 2025130452 | XXX |  | XXX D A |
| 2025130451 | XXX |  | XXX A |
| 2025130460 |  | XXX | XXX A |
| 2025130406 | XXX | XXX | XXX D A |
| 2025130447 | XXX |  | XXX A |
| 2025130396 | XXX |  | XXX A |
| 2025130446 | XXX |  | XXX D A |
| 2025130435 | XXX | XXX | XXX C A B |
| 2025130436 | XXX |  | XXX D A |
| 2025130474 | XXX |  | XXX A |
| 2025130473 | XXX |  | XXX A |
| 2025130499 | XXX |  | XXX C A B |
| 2025130483 | XXX |  | XXX D A |
| 2025130464 | XXX |  | XXX C A |
| 2025130640 | XXX |  | XXX A |
| 2025130649 | XXX |  | XXX C A |
| 2025130646 | XXX |  | XXX A |
| 2025130633 | XXX |  | XXX C A |
| 2025130461 | XXX |  | XXX A C B |
| 2025130371 | XXX |  | XXX A |
| 2025130497 | XXX |  | XXX C D A |
| 2025130343 |  | XXX | XXX D A |
| 2025130459 | XXX |  | XXX A |
| 2025130652 | XXX |  | XXX D A |
| 2025130440 | XXX |  | XXX B A |
| 2025130373 | XXX |  | XXX D A |
| 2025130493 | XXX |  | XXX A |
| 2025130426 | XXX | XXX | XXX A |
| 2025130408 | XXX |  | XXX D A |
| 2025130485 | XXX |  | XXX D A |
| 2025130512 | XXX | XXX | XXX A |
| 2025130653 | XXX |  | XXX A |
| 2025130475 | XXX |  | XXX A |
| 2025130434 | XXX |  | XXX A C |
| 2025130429 | XXX |  | XXX D A |
| 2025130407 | XXX |  | XXX A |
| 2025130478 | XXX |  | XXX C A B |
| 2025130465 | XXX |  | XXX C A B |
| 2025130449 | XXX |  | XXX D A |
| 2025130656 | XXX |  | XXX C A D B |
| 2025130637 | XXX |  | XXX A |
| 2025130369 | XXX |  | XXX D A |
| 2025130632 | XXX |  | XXX C A |
| 2025130627 | XXX |  | XXX A |
| 2025130420 | XXX |  | XXX C A |
| 2025130368 | XXX |  | XXX A |
| 2025130336 | XXX |  | XXX A D |
| 2025130341 | XXX |  | XXX C A |
| 2025130517 | XXX |  | XXX D C A |
| 2025130453 | XXX |  | XXX D C A |
| 2025130339 | XXX |  | XXX A B |
| 2025130280 | XXX |  | XXX D A |
| 2025130629 | XXX |  | XXX C A |
| 2025130421 | XXX |  | XXX C A B |
| 2025130477 | XXX |  | XXX A |
| 2025130296 | XXX |  | XXX D A |
| 2025130395 | XXX |  | XXX C A |
| 2025130338 | XXX |  | XXX D A B |
| 2025130636 | XXX |  | XXX D A |
| 2025130444 | XXX |  | XXX C A |
| 2025130348 | XXX |  | XXX A |
| 2025130345 | XXX |  | XXX C A |
| 2025130442 | XXX |  | XXX C A |
| 2025130651 | XXX |  | XXX D C A |
| 2025130644 | XXX |  | XXX A C |
| 2025130624 | XXX |  | XXX C A |
| 2025130622 | XXX |  | XXX D A |
| 2025130619 | XXX |  | XXX A |
| 2025130469 | XXX |  | XXX A |
| 2025130418 | XXX |  | XXX D A |
| 2025130479 | XXX |  | XXX C A B |
| 2025130417 | XXX |  | XXX D C A |
| 2025130344 |  | XXX | XXX A |
| 2025130327 | XXX |  | XXX D A |
| 2025130315 | XXX |  | XXX C A |
| 2025130302 | XXX |  | XXX D A |
| 2025130502 | XXX |  | XXX C A B |
| 2025130354 | XXX |  | XXX D B A |
| 2025130641 | XXX |  | XXX C A |
| 2025130481 | XXX |  | XXX A |
| 2025130356 | XXX |  | XXX A |
| 2025130304 | XXX |  | XXX D A |
| 2025130284 | XXX |  | XXX A |
| 2025130279 | XXX |  | XXX C A |
| 2025130657 | XXX |  | XXX C A |
| 2025130300 | XXX |  | XXX A |
| 2025130416 | XXX |  | XXX A |
| 2025130413 | XXX |  | XXX A |
| 2025130638 | XXX |  | XXX C A B |
| 2025130387 | XXX |  | XXX D A |
| 2025130655 | XXX |  | XXX C A |
| 2025130630 | XXX |  | XXX D A |
| 2025130623 | XXX |  | XXX C A |
| 2025130390 | XXX |  | XXX C A |
| 2025130443 | XXX |  | XXX A |
| 2025130325 | XXX |  | XXX D A |
| 2025130245 |  | XXX | XXX D A B |
| 2025130337 | XXX |  | XXX A |
| 2025130433 | XXX |  | XXX D B A |
| 2025130450 | XXX |  | XXX D A |
| 2025130297 | XXX |  | XXX C A |
| 2025130347 | XXX |  | XXX A |
| 2025130282 | XXX |  | XXX A |
| 2025130621 | XXX |  | XXX C A |
| 2025130270 | XXX |  | XXX C B A |
| 2025130303 | XXX |  | XXX C D A B |
| 2025130660 | XXX |  | XXX C A |
| 2025130625 | XXX |  | XXX C A |
| 2025130616 | XXX |  | XXX C A |
| 2025130318 | XXX |  | XXX A |
| 2025130332 | XXX |  | XXX A |
| 2025130317 | XXX |  | XXX D A |
| 2025130428 | XXX |  | XXX D C A |
| 2025130253 |  | XXX | XXX A |
| 2025130275 | XXX |  | XXX A |
| 2025130276 | XXX |  | XXX A |
| 2025130272 | XXX |  | XXX D A |
| 2025130255 | XXX |  | XXX D A |
| 2025130467 | XXX |  | XXX A |
| 2025130389 | XXX |  | XXX D C A B |
| 2025130472 | XXX |  | XXX C A D B |
| 2025130634 | XXX |  | XXX A |
| 2025130609 | XXX |  | XXX C A |
| 2025130599 | XXX |  | XXX C A |
| 2025130411 | XXX |  | XXX C A |
| 2025130437 | XXX |  | XXX D A |
| 2025130372 | XXX |  | XXX D A |
| 2025130333 | XXX |  | XXX A |
| 2025130305 | XXX |  | XXX D A |
| 2025130311 | XXX |  | XXX A |
| 2025130310 | XXX |  | XXX D A B |
| 2025130252 | XXX |  | XXX A |
| 2025130233 | XXX |  | XXX C A |
| 2025130352 | XXX |  | XXX A |
| 2025130328 | XXX |  | XXX A C |
| 2025130391 | XXX |  | XXX D A B |
| 2025130353 | XXX |  | XXX C A B |
| 2025130292 | XXX |  | XXX A B |
| 2025130614 | XXX |  | XXX C A |
| 2025130613 | XXX |  | XXX A |
| 2025130405 | XXX |  | XXX A |
| 2025130273 | XXX |  | XXX A |
| 2025130308 | XXX |  | XXX A D |
| 2025130196 | XXX |  | XXX C A |
| 2025130647 | XXX |  | XXX C A |
| 2025130631 | XXX |  | XXX C A |
| 2025130602 | XXX |  | XXX A |
| 2025130370 | XXX |  | XXX A |
| 2025130603 | XXX |  | XXX D A |
| 2025130256 | XXX |  | XXX D A |
| 2025130200 | XXX |  | XXX A C |
| 2025130231 | XXX |  | XXX D A |
| 2025130600 | XXX |  | XXX C A |
| 2025130283 | XXX |  | XXX A D |
| 2025130309 | XXX |  | XXX C A |
| 2025130192 | XXX |  | XXX A |
| 2025130608 | XXX |  | XXX C A |
| 2025130590 | XXX |  | XXX A D |
| 2025130505 | XXX |  | XXX D A |
| 2025130241 | XXX |  | XXX A D |
| 2025130626 | XXX |  | XXX C A B |
| 2025130618 | XXX |  | XXX D A |
| 2025130607 | XXX |  | XXX A |
| 2025130605 | XXX |  | XXX C A |
| 2025130592 | XXX |  | XXX D A |
| 2025130650 | XXX |  | XXX A |
| 2025130635 | XXX |  | XXX D A B |
| 2025130615 | XXX |  | XXX C A |
| 2025130606 | XXX |  | XXX C A |
| 2025130586 | XXX |  | XXX D A |
| 2025130346 | XXX |  | XXX C D A B |
| 2025130329 | XXX |  | XXX C A |
| 2025130414 | XXX |  | XXX A |
| 2025130342 | XXX |  | XXX A |
| 2025130645 | XXX |  | XXX C A |
| 2025130230 | XXX |  | XXX A |
| 2025130367 | XXX |  | XXX C A |
| 2025130261 | XXX |  | XXX D A |
| 2025130604 | XXX |  | XXX A |
| 2025130468 | XXX |  | XXX A |
| 2025130334 | XXX |  | XXX D C A B |
| 2025130294 | XXX |  | XXX C A B |
| 2025130340 | XXX |  | XXX A |
| 2025130314 | XXX |  | XXX D C A |
| 2025130423 | XXX |  | XXX C A B |
| 2025130278 | XXX |  | XXX A |
| 2025130212 | XXX |  | XXX D A |
| 2025130216 | XXX |  | XXX C A |
| 2025130185 | XXX |  | XXX D A |
| 2025130181 | XXX |  | XXX D A |
| 2025130415 | XXX |  | XXX D A C |
| 2025130322 | XXX |  | XXX C A |
| 2025130265 | XXX |  | XXX C A B |
| 2025130439 | XXX |  | XXX A |
| 2025130335 | XXX |  | XXX D A |
| 2025130288 | XXX |  | XXX C A |
| 2025130287 | XXX |  | XXX D A |
| 2025130193 | XXX |  | XXX C A |
| 2025130298 | XXX |  | XXX A |
| 2025130248 | XXX |  | XXX D A B |
| 2025130306 | XXX |  | XXX D A |
| 2025130232 | XXX |  | XXX A |
| 2025130247 | XXX |  | XXX D B A |
| 2025130612 | XXX |  | XXX C A B |
| 2025130601 | XXX |  | XXX C A |
| 2025130588 | XXX |  | XXX C A |
| 2025130583 | XXX |  | XXX A |
| 2025130259 | XXX |  | XXX A |
| 2025130578 | XXX |  | XXX C A |
| 2025130246 | XXX |  | XXX C A |
| 2025130240 | XXX |  | XXX C D A B |
| 2025130218 | XXX |  | XXX A |
| 2025130320 | XXX |  | XXX C A |
| 2025130147 | XXX |  | XXX C A |
| 2025130206 | XXX |  | XXX C A |
| 2025130291 | XXX |  | XXX C A B |
| 2025130357 | XXX |  | XXX A |
| 2025130243 |  | XXX | XXX D A |
| 2025130224 | XXX |  | XXX A |
| 2025130321 | XXX |  | XXX C A |
| 2025130164 | XXX |  | XXX D A |
| 2025130642 | XXX |  | XXX C A |
| 2025130639 | XXX |  | XXX C A D B |
| 2025130620 | XXX |  | XXX C A |
| 2025130589 | XXX |  | XXX C A B |
| 2025130580 | XXX |  | XXX D A |
| 2025130573 | XXX |  | XXX A |
| 2025130268 | XXX |  | XXX A |
| 2025130249 | XXX |  | XXX D A |
| 2025130219 | XXX |  | XXX D A B |
| 2025130286 | XXX |  | XXX A |
| 2025130293 | XXX |  | XXX A |
| 2025130176 | XXX |  | XXX A |
| 2025130204 | XXX |  | XXX C A |
| 2025130187 | XXX |  | XXX A |
| 2025130271 |  | XXX | XXX A |
| 2025130228 | XXX |  | XXX D A |
| 2025130579 | XXX |  | XXX A |
| 2025130570 | XXX |  | XXX A D |
| 2025130229 | XXX |  | XXX A |
| 2025130264 | XXX |  | XXX C A |
| 2025130215 | XXX |  | XXX C D A B |
| 2025130186 | XXX |  | XXX D A |
| 2025130214 | XXX |  | XXX C A B |
| 2025130577 | XXX |  | XXX D A |
| 2025130576 | XXX |  | XXX A |
| 2025130571 | XXX |  | XXX C A B |
| 2025130559 | XXX |  | XXX C A B |
| 2025130223 | XXX |  | XXX C A B |
| 2025130222 | XXX |  | XXX D A |
| 2025130208 | XXX |  | XXX D C A |
| 2025130250 | XXX |  | XXX D A |
| 2025130220 | XXX |  | XXX C A |
| 2025130565 | XXX |  | XXX D A |
| 2025130556 | XXX |  | XXX C A B |
| 2025130195 | XXX |  | XXX C D A |
| 2025130197 | XXX |  | XXX A |
| 2025130295 | XXX |  | XXX C A |
| 2025130290 | XXX |  | XXX A C |
| 2025130349 | XXX |  | XXX A |
| 2025130262 | XXX |  | XXX D A B |
| 2025130385 | XXX | XXX | XXX C A |
| 2025130574 | XXX |  | XXX C A D |
| 2025130263 | XXX |  | XXX A |
| 2025130121 | XXX |  | XXX C D A |
| 2025130085 | XXX |  | XXX C A |
| 2025130410 | XXX |  | XXX A |
| 2025130150 | XXX | XXX | XXX D A |
| 2025130258 | XXX |  | XXX D A B |
| 2025130610 | XXX |  | XXX C A B |
| 2025130564 | XXX |  | XXX C A |
| 2025130107 | XXX |  | XXX C A B |
| 2025130316 | XXX |  | XXX A C |
| 2025130153 | XXX |  | XXX D A |
| 2025130587 | XXX |  | XXX C A B |
| 2025130575 | XXX |  | XXX A |
| 2025130535 | XXX |  | XXX A |
| 2025130166 | XXX |  | XXX D B A |
| 2025130238 | XXX |  | XXX D C A |
| 2025130676 | XXX |  | XXX D A |
| 2025130095 | XXX |  | XXX D A |
| 2025130203 | XXX |  | XXX C A |
| 2025130582 | XXX |  | XXX C A D |
| 2025130551 | XXX |  | XXX A |
| 2025130191 | XXX |  | XXX A |
| 2025130194 | XXX |  | XXX A |
| 2025130142 | XXX |  | XXX D A |
| 2025130138 | XXX |  | XXX D C A B |
| 2025130172 | XXX |  | XXX A C |
| 2025130593 | XXX |  | XXX C A |
| 2025130560 | XXX |  | XXX A |
| 2025130266 | XXX |  | XXX C A |
| 2025130257 | XXX |  | XXX A C |
| 2025130205 | XXX |  | XXX A |
| 2025130350 | XXX |  | XXX A C |
| 2025130584 | XXX |  | XXX A |
| 2025130118 | XXX |  | XXX A |
| 2025130331 | XXX |  | XXX A |
| 2025130550 | XXX |  | XXX C A |
| 2025130307 | XXX |  | XXX D A |
| 2025130123 |  | XXX | XXX A |
| 2025130207 | XXX |  | XXX A |
| 2025130581 | XXX |  | XXX C A |
| 2025130545 | XXX |  | XXX C A |
| 2025130170 | XXX |  | XXX A D |
| 2025130596 | XXX |  | XXX A |
| 2025130547 | XXX |  | XXX A |
| 2025130236 | XXX |  | XXX D A B |
| 2025130235 | XXX |  | XXX A |
| 2025130116 | XXX |  | XXX D A |
| 2025130175 | XXX |  | XXX A |
| 2025130598 | XXX |  | XXX C A |
| 2025130597 | XXX |  | XXX B A |
| 2025130595 | XXX |  | XXX A |
| 2025130561 | XXX |  | XXX A |
| 2025130540 | XXX |  | XXX D A |
| 2025130227 |  | XXX | XXX D A |
| 2025130226 | XXX |  | XXX D A B |
| 2025130129 | XXX |  | XXX D A |
| 2025130137 | XXX |  | XXX A |
| 2025130079 | XXX |  | XXX C A B |
| 2025130617 | XXX |  | XXX C A |
| 2025130585 | XXX |  | XXX D A |
| 2025130569 | XXX |  | XXX B A |
| 2025130128 | XXX |  | XXX C A B |
| 2025130198 | XXX |  | XXX A |
| 2025130115 | XXX |  | XXX A |
| 2025130312 | XXX |  | XXX C A |
| 2025130135 | XXX |  | XXX D A |
| 2025130234 | XXX |  | XXX A |
| 2025130628 | XXX |  | XXX C A |
| 2025130566 | XXX |  | XXX C A |
| 2025130531 | XXX |  | XXX B A |
| 2025130145 | XXX |  | XXX C A B |
| 2025130110 | XXX |  | XXX C A |
| 2025130077 | XXX |  | XXX D A |
| 2025130124 | XXX |  | XXX A |
| 2025130133 | XXX |  | XXX D A |
| 2025130658 | XXX |  | XXX D A |
| 2025130591 | XXX |  | XXX A |
| 2025130537 | XXX |  | XXX C A |
| 2025130281 | XXX |  | XXX C A B |
| 2025130211 | XXX |  | XXX A |
| 2025130139 | XXX |  | XXX D A |
| 2025130171 |  | XXX | XXX A |
| 2025130179 | XXX |  | XXX D A |
| 2025130093 | XXX |  | XXX A |
| 2025130184 | XXX |  | XXX D A B |
| 2025130108 | XXX |  | XXX A |
| 2025130558 | XXX |  | XXX C A |
| 2025130552 | XXX |  | XXX C A |
| 2025130394 | XXX |  | XXX D A |
| 2025130078 | XXX |  | XXX D A B |
| 2025130190 |  | XXX | XXX C A |
| 2025130158 | XXX |  | XXX D A |
| 2025130169 | XXX |  | XXX D A |
| 2025130557 | XXX |  | XXX A |
| 2025130538 | XXX |  | XXX C A |
| 2025130105 | XXX |  | XXX C A |
| 2025130202 | XXX |  | XXX A |
| 2025130165 | XXX |  | XXX A C |
| 2025130162 | XXX |  | XXX A |
| 2025130144 | XXX |  | XXX A |
| 2025130419 | XXX |  | XXX C A |
| 2025130159 | XXX |  | XXX C D A |
| 2025130183 | XXX |  | XXX D A |
| 2025130301 | XXX |  | XXX D A |
| 2025130178 | XXX |  | XXX A |
| 2025130562 | XXX |  | XXX A |
| 2025130553 | XXX | XXX | XXX C D A |
| 2025130533 | XXX |  | XXX A |
| 2025130529 | XXX |  | XXX C A |
| 2025130555 | XXX |  | XXX D A |
| 2025130546 | XXX |  | XXX D A |
| 2025130541 | XXX |  | XXX D A B |
| 2025130088 | XXX |  | XXX C A B |
| 2025130131 | XXX |  | XXX D A |
| 2025130548 | XXX |  | XXX A |
| 2025130134 | XXX |  | XXX A |
| 2025130111 |  | XXX | XXX A |
| 2025130594 | XXX |  | XXX C A |
| 2025130554 | XXX |  | XXX D A |
| 2025130130 | XXX | XXX | XXX D A |
| 2025130324 | XXX |  | XXX D A |
| 2025130155 | XXX |  | XXX A |
| 2025130127 | XXX |  | XXX A |
| 2025130156 | XXX | XXX | XXX D A B |
| 2025130132 | XXX |  | XXX A |
| 2025130082 | XXX |  | XXX D A |
| 2025130201 | XXX |  | XXX C A B |
| 2025130154 | XXX |  | XXX C A |
| 2025130143 | XXX |  | XXX A |
| 2025130098 | XXX |  | XXX C A |
| 2025130225 | XXX |  | XXX D A |
| 2025130254 | XXX |  | XXX C A B |
| 2025130544 | XXX |  | XXX D C A |
| 2025130152 | XXX |  | XXX D A B |
| 2025130120 | XXX |  | XXX C A |
| 2025130161 | XXX |  | XXX C A B |
| 2025130177 | XXX |  | XXX C A |
| 2025130567 | XXX |  | XXX D A |
| 2025130099 | XXX |  | XXX C A |
| 2025130151 | XXX |  | XXX D A B |
| 2025130112 | XXX |  | XXX D A |
| 2025130080 | XXX |  | XXX A |
| 2025130109 | XXX |  | XXX C A B |
| 2025130289 | XXX |  | XXX D C A |
| 2025130141 | XXX |  | XXX C A |
| 2025130319 | XXX |  | XXX A |
| 2025130094 | XXX |  | XXX D A |
| 2025130097 | XXX |  | XXX A |
| 2025130092 | XXX |  | XXX A D |
| 2025130101 | XXX |  | XXX A |
| 2025130114 | XXX |  | XXX C A B |
| 2025130091 | XXX |  | XXX A |
| 2025130536 | XXX |  | XXX A C |
| 2025130167 | XXX |  | XXX C A |
| 2025130103 | XXX |  | XXX D A C B |
| 2025130084 | XXX |  | XXX C A B |
| 2025130083 | XXX |  | XXX A |
| 2025130146 | XXX |  | XXX D C A |
| 2025130543 | XXX |  | XXX C A |
| 2025130209 | XXX |  | XXX D A |
| 2025130102 | XXX |  | XXX D A B |
| 2025130113 | XXX |  | XXX C A |
| 2025130611 | XXX |  | XXX D A B |
| 2025130532 | XXX |  | XXX D A |
| 2025130530 | XXX |  | XXX D A |
| 2025130173 |  | XXX | XXX A |
| 2025130528 | XXX |  | XXX D C A B |
| 2025130572 | XXX |  | XXX D A |
| 2025130568 | XXX |  | XXX A |
| 2025130136 | XXX |  | XXX D A |
| 2025130148 | XXX |  | XXX D A |
| 2025130539 | XXX |  | XXX A |
| 2025130534 | XXX |  | XXX A |
| 2025130122 | XXX |  | XXX A |
| 2025130549 | XXX |  | XXX D C A B |
| 2025130542 | XXX |  | XXX A |
| 2025130096 | XXX |  | XXX A |
| 2025130104 | XXX |  | XXX C A |
| 2025130163 | XXX |  | XXX A |
| 2025130090 | XXX |  | XXX A |
| 2025130100 | XXX |  | XXX D A C B |
| 2025130081 | XXX |  | XXX C A |
| 2025130563 | XXX |  | XXX A |
| 2025130086 | XXX |  | XXX A |

---

## Exhibit 99.15

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.15**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025130524 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008, per credit report |
| 2025130524 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewer matches lender calc |
| 2025130522 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130522 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders calculation. |
| 2025130520 | XXX | XXX | XXX | Prepayment Penalty Total Term | notePage | XXX | XXX | Per Prepayment Addendum to Note |
| 2025130514 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | From note |
| 2025130667 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lower P&I |
| 2025130516 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches 1008 |
| 2025130518 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130518 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit in line with 1008 |
| 2025130665 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Unable to determine the lender's rental income. |
| 2025130663 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130498 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130521 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025130521 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130379 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | Per final 1003 |
| 2025130379 | XXX | XXX | XXX | Application Date | complianceDetailPage | XXX | XXX | Per initial 1003 |
| 2025130379 | XXX | XXX | XXX | Amount of Other Lien | titlePage | XXX | XXX | Subject property has no other liens. |
| 2025130383 | XXX | XXX | XXX | Application Date | complianceDetailPage | XXX | XXX | Per Application |
| 2025130375 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | Per final 1003 |
| 2025130375 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per 1003 |
| 2025130380 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | Per initial 1003/1008/Tape. |
| 2025130482 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130500 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per Loan Amount / Appraisal Value. Lender 1008 reflects inaccurate Loan and Appraisal Value. |
| 2025130500 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Loan Amount / Appraisal Value. Lender 1008 reflects inaccurate Loan and Appraisal Value. |
| 2025130500 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Within XXX% of Lender DTI on 1008 |
| 2025130374 | XXX | XXX | XXX | Borrower 1 Has there been ownership in a property in last XXX yrs | the1003Page | XXX | XXX | Per 1003. |
| 2025130422 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, variance due to tax calculation |
| 2025130376 | XXX | XXX | XXX | Borrower 1 Has there been ownership in a property in last XXX yrs | the1003Page | XXX | XXX | B1 no property ownership per 1003 |
| 2025130378 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | per 1003 no income |
| 2025130378 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per Final 1003. |
| 2025130510 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130510 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per approval / 1008 |
| 2025130510 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per lender DSCR worksheet |
| 2025130509 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130509 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per approval / 1008 |
| 2025130509 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per lender DSCR worksheet |
| 2025130494 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2025130677 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2025130384 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | Per approval |
| 2025130384 | XXX | XXX | XXX | Property Address | notePage | XXX | XXX | Per note |
| 2025130384 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per Credit Report |
| 2025130480 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2025130480 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | audit LTV match on 1008 |
| 2025130480 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match on 1008 |
| 2025130471 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | LTV in line with 1008 |
| 2025130661 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130659 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | True data matches lender DTI on 1008 |
| 2025130495 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | per note |
| 2025130506 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130506 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | LTV matches 1008 |
| 2025130506 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True data matches DSCR calculation in file |
| 2025130430 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Review excluded large deposits. |
| 2025130507 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130507 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per lender approval |
| 2025130425 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance due to Lender using lower P&I |
| 2025130462 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True data matches calculation in file |
| 2025130662 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match with DSCR calc worksheet |
| 2025130643 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025130457 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130457 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender omitted XXX. |
| 2025130463 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note. |
| 2025130463 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per updated credit report |
| 2025130397 | XXX | XXX | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130654 | XXX | XXX | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1007 market rents / Final PITI |
| 2025130458 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lenders calculations |
| 2025130452 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Losses on subject and additional property were lower, |
| 2025130451 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI in line with file 1008 |
| 2025130460 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130396 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches first payment letter to market rents. |
| 2025130446 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower gross rent, Audit used operating income on appraisal, |
| 2025130435 | XXX | XXX | XXX | Property Address | notePage | XXX | XXX | Per Note. |
| 2025130436 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match the 1008 |
| 2025130474 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130474 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR worksheet has lower loan amount |
| 2025130473 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per DL and Note. |
| 2025130499 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per XXX |
| 2025130499 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Asset utilization-no DTI |
| 2025130483 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2025130464 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit Report |
| 2025130464 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used lower actual rent |
| 2025130640 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal; not a XXX |
| 2025130649 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match lender loan approval |
| 2025130461 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | true data is LTV; tape data is CLTV |
| 2025130371 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025130371 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1007 market rents / Final PITI reflected on CD. |
| 2025130497 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per note |
| 2025130497 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note |
| 2025130497 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audited DTI matches 1008 in file |
| 2025130652 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130652 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per lender DSCR worksheet |
| 2025130440 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025130440 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Match Lender's 1008 |
| 2025130440 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | lender used the incorrect market rent |
| 2025130373 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR calculation |
| 2025130493 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130493 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130426 | XXX | XXX | XXX | Borrower 1 How was title held? | the1003Page | XXX | XXX | per 1003 |
| 2025130426 | XXX | XXX | XXX | Borrower 1 Telephone Interview | the1003Page | XXX | XXX | Per final 1003 in file. |
| 2025130426 | XXX | XXX | XXX | Borrower 1 Years in Current Home | the1003Page | XXX | XXX | Per final 1003 in file. |
| 2025130426 | XXX | XXX | XXX | Subject Property Gross Rental income | businessPurposePage | XXX | XXX | 1007 |
| 2025130426 | XXX | XXX | XXX | Amount of Other Lien | titlePage | XXX | XXX | no other lien |
| 2025130426 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per Mortgage Statement |
| 2025130408 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used a different P&I payment |
| 2025130485 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Loan Amount/Appraised Value |
| 2025130485 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Tax cert reflects lower taxes. |
| 2025130653 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR calc |
| 2025130475 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note |
| 2025130475 | XXX |  | XXX | Interest Only Flag | notePage | XXX | XXX | per note |
| 2025130475 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line with 1008 |
| 2025130407 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025130478 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 and audit match |
| 2025130656 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches DSCR UW XXX in file |
| 2025130627 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | true data DSCR match with DSCR UW XXX |
| 2025130420 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per note |
| 2025130420 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per title, appraisal |
| 2025130420 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Highest mid score |
| 2025130420 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Loan qualified at the start rate at the fully amortizing period |
| 2025130336 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Tape data is CLTV |
| 2025130336 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line with 1008 |
| 2025130517 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2025130517 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Loan amount and Appraisal Value |
| 2025130517 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130280 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Appraised value |
| 2025130280 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130629 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130477 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per approval and worksheet |
| 2025130395 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130395 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130338 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender did not include a biannual assessment. |
| 2025130636 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders calculated value. |
| 2025130345 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025130651 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per note. |
| 2025130651 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 contains additional monthly debt however, the monthly debt was already accounted for in the PITI pmt. |
| 2025130644 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per Income documents: B1 Full doc/B2 XXX Bank Statements |
| 2025130624 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2025130622 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender included mortgage for primary residence that was sold prior to subject closing. |
| 2025130469 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Auditor matches Lenders 1008 |
| 2025130327 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025130302 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Per Note |
| 2025130354 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Debts match - verified income lower. |
| 2025130641 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | XXX per appraisal and title |
| 2025130304 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2025130304 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Audit matches final approval. |
| 2025130304 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR calc not provided to verify. |
| 2025130284 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2025130284 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | matches lenders DSCR |
| 2025130279 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2025130279 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per appraisal and loan amount |
| 2025130279 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR calc |
| 2025130638 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Final CD |
| 2025130638 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130630 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130623 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Property is a XXX unit per appraisal. |
| 2025130390 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Auditor is line with the Lender. |
| 2025130433 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | matches lenders 1008 |
| 2025130297 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Per Note |
| 2025130297 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches lenders calc in the file. |
| 2025130347 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130347 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per settlement statement in file. |
| 2025130347 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per loan approval |
| 2025130660 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130625 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130616 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisl |
| 2025130318 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130317 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per title |
| 2025130428 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130253 |  | XXX | XXX | Property City | notePage | XXX | XXX | Per executed note in file. |
| 2025130272 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per note |
| 2025130472 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2025130472 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per note |
| 2025130472 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note includes unit number |
| 2025130472 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008 |
| 2025130472 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lower income calculated due to date range. |
| 2025130609 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130599 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130599 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130411 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Appraised Value |
| 2025130411 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per STR / Final PITI |
| 2025130437 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit more closely matches lenders DSCR calc, however lender used lower amount for rent, which is not present in file. |
| 2025130372 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130372 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR XXX. Calculation not provided |
| 2025130305 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR worksheet reflects XXX, without any other details |
| 2025130310 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130233 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 and audit match with DTI |
| 2025130328 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line w/ 1008 |
| 2025130353 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner |
| 2025130353 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | no ratio |
| 2025130292 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2025130614 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025130405 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value match w/ DSCR calc in file |
| 2025130196 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025130631 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal single family detached |
| 2025130603 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per notary date. |
| 2025130603 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130600 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130309 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches lenders DTI per 1008 |
| 2025130608 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal single family detached |
| 2025130590 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130505 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit in line with 1008 |
| 2025130626 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per XXX |
| 2025130618 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130607 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130605 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appaisal |
| 2025130592 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130650 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per title XXX |
| 2025130635 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130615 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130606 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130346 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025130346 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI matches 1008 |
| 2025130414 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | True data in line with 1008 DTI |
| 2025130342 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per1008 |
| 2025130645 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130230 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2025130468 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130468 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | per final 1008 and addl documentation provided. |
| 2025130468 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per 1008 |
| 2025130334 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Asset depletion with DTI calculation per audit |
| 2025130334 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender lower qualifying payment |
| 2025130212 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2025130212 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & aligns with lender |
| 2025130185 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130322 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130322 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit LTV matches lenders LTV per 1008 |
| 2025130265 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per XXX month lookback XXX rents from XXX/ Final PITIA |
| 2025130439 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per 1099 in loan file |
| 2025130288 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130287 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner |
| 2025130193 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner |
| 2025130306 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130247 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130247 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130247 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 shows higher PITIA on XXX mortgage |
| 2025130612 | XXX |  | XXX | Note Date | notePage | XXX | XXX | per notary |
| 2025130612 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal; DOT |
| 2025130601 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130588 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130259 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130259 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match w/ UW Notes |
| 2025130578 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130240 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1003 figures. Lender did not include additional property |
| 2025130218 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appaisal |
| 2025130218 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matched Lender calculation |
| 2025130320 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130320 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI w/in tolerance of lender's DTI per 1008 |
| 2025130357 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Matches 1008. Loan amount/appraisal value |
| 2025130224 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2025130321 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal and questionnaire |
| 2025130164 | XXX |  | XXX | Interest Only Flag | notePage | XXX | XXX | per Note |
| 2025130642 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130639 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130620 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130580 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130268 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1003. |
| 2025130249 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1003. |
| 2025130219 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130176 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender's DSCR worksheet and audit match |
| 2025130204 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Auditor matches the Lender. |
| 2025130187 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Final 1003 PITIA and Market Rent match Lenders |
| 2025130228 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130579 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per CD |
| 2025130579 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130264 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | As per DOT, Appraisal, etc |
| 2025130215 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Mtg and Appraisal |
| 2025130215 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 DTI is within XXX% variance. Difference in other monthly payments |
| 2025130186 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per appraised value, tape data is sales price. |
| 2025130186 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | primary wage earner score used (per guides) |
| 2025130214 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130559 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130223 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130222 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130208 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2025130208 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX and appraisal |
| 2025130208 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within tolerance of DTI on 1008 |
| 2025130565 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130556 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130195 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130195 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within tolerance of DTI on 1008 |
| 2025130197 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per 1008 and Loan Approval and Bank Statement Income Calcs. |
| 2025130295 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130290 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130349 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per note |
| 2025130349 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit has lower PITIA than lender estimate |
| 2025130385 | XXX | XXX | XXX | Loan Type | the1003Page | XXX | XXX | Per 1008 |
| 2025130385 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per 1003 |
| 2025130574 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Actual appraised value, ,Tape is Desk Review value |
| 2025130574 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130121 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per Appraisal, tape value is purchase price. |
| 2025130085 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2025130150 | XXX | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | As per Docs, Appraisal, etc |
| 2025130258 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Asset Utilization - No DTI |
| 2025130564 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130107 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal SFR |
| 2025130153 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | per note |
| 2025130587 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per title |
| 2025130575 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130166 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Unable to support asset depletion income on 1003 |
| 2025130238 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025130676 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2025130095 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used higher estimated short term rental amount |
| 2025130203 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note |
| 2025130582 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130551 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130194 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130194 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender calculation |
| 2025130142 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130142 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR calculation |
| 2025130172 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025130593 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130560 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130266 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130266 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line with lender 1008 / approval |
| 2025130257 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Only one year docs provided |
| 2025130257 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | audit in line with 1008 |
| 2025130205 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Matches 1008 |
| 2025130584 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130550 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130307 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner |
| 2025130581 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130545 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130170 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2025130170 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per credit report |
| 2025130170 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match 1008 |
| 2025130236 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI in line with 1008 |
| 2025130175 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSC in line with calc in file-higher taxes than on calc |
| 2025130598 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note, Notary |
| 2025130598 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130597 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130226 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Auditor in line with Lenders DSCR calculation in file |
| 2025130129 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches new leases; used per guidelines |
| 2025130137 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per note |
| 2025130137 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2025130137 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | Per income docs in loan file XXX tax return and XXX extension. |
| 2025130079 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130585 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Confirmed per appraisal |
| 2025130569 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130198 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note |
| 2025130198 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches lenders DSCR calc |
| 2025130312 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2025130135 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | True data in line with file 1008 |
| 2025130628 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130566 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130531 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130110 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130110 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches with UW Notes calculation |
| 2025130133 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR calc. |
| 2025130658 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note |
| 2025130658 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | per PCCD. |
| 2025130658 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130537 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130281 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Loan is rate and term. no additional debts being paid on CD. |
| 2025130281 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches Lender Final 1003 and 1008 figures. |
| 2025130211 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130211 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130139 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note |
| 2025130139 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner. |
| 2025130139 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | 1008 reflects same DTI as audit calculated |
| 2025130179 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per note |
| 2025130184 | XXX |  | XXX | Borrower 2 First Name | notePage | XXX | XXX | Per Note |
| 2025130558 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraidal |
| 2025130552 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130394 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender qualified with XXX% ownership. XXX% ownership confirmed. |
| 2025130078 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per appraisal - used previous listed value as value. |
| 2025130538 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130105 | XXX |  | XXX | Interest Only Flag | notePage | XXX | XXX | Per Note XXX |
| 2025130105 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per lender worksheet; audit matches |
| 2025130202 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130144 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR calc worksheet reflect lower monthly estimated taxes |
| 2025130419 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2025130419 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit UW included Child Support Payment and XXX Loss |
| 2025130159 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2025130159 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Matches 1008 |
| 2025130183 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches lender DSCR calculation worksheet |
| 2025130301 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Primary wage earner mid score |
| 2025130562 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130553 | XXX | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130529 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130555 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note. |
| 2025130555 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130541 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130541 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Pre appraisal/XXX |
| 2025130088 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal/XXX |
| 2025130131 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130548 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130594 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130554 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130324 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130127 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Match Lender's calculation worksheet |
| 2025130156 | XXX | XXX | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR in line with lender DSCR |
| 2025130082 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per 1008 |
| 2025130201 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130154 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Match lender DSCR calculation worksheet |
| 2025130143 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130098 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender previously used lease amt (1007 W/in XXX% of lease amt) |
| 2025130544 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2025130161 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | matches lenders 1008 |
| 2025130161 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender did not provide DSCR calcluation |
| 2025130177 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130177 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Matches final 1008, however lender did not include XXX mtg on primary res. |
| 2025130151 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | variance due to Lender used lower total property taxes amount vs verified total actual amount |
| 2025130112 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130112 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2025130080 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2025130080 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | XXX HOA dues amount incl |
| 2025130109 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2025130109 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130109 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130109 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit within XXX% of 1008 in file |
| 2025130289 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | LTV in line with file 1008 |
| 2025130289 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130289 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI in line with file 1008 |
| 2025130141 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches 1008 |
| 2025130094 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Included an additional REO not counted. |
| 2025130092 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130092 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Lowest middle score |
| 2025130101 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Per executed note in file. |
| 2025130101 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Pet XXX |
| 2025130101 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit |
| 2025130114 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal and title. |
| 2025130536 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Notary date |
| 2025130536 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130167 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per Note |
| 2025130103 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130084 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2025130084 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130146 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per note |
| 2025130146 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | In line with final 1008 |
| 2025130146 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | In line with final 1008 |
| 2025130543 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130209 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2025130209 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2025130209 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | True Data value LTV match the 1008 |
| 2025130209 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match the 1008 |
| 2025130102 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used XXX unit not XXX |
| 2025130113 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit in line with figure in file |
| 2025130611 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2025130532 | XXX |  | XXX | Note Date | notePage | XXX | XXX | per note |
| 2025130532 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130530 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130136 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per CD |
| 2025130148 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2025130148 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2025130539 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per XXX |
| 2025130534 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Loan Approval and CD |
| 2025130549 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per 1003/Final CD |
| 2025130549 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2025130542 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2025130096 | XXX |  | XXX | Property Address | notePage | XXX | XXX | per Note |
| 2025130096 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match the lender DSCR calc worksheet |
| 2025130100 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2025130081 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | The first payment letter in the loan file does reflect the correct P&I payment |
| 2025130563 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matched DSCR worksheet in file |
| 2025130086 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | lease amount/PITIA, in line with lender's calculation on the 1008. |

---

## Exhibit 99.16

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.16**

---

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025130524 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130522 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130523 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2025130520 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130519 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130666 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130514 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025130515 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130667 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130516 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130518 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2025130665 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130664 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0384 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0384 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130663 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130498 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025130513 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130521 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130508 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 1 | XXX |
| 2025130382 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130379 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.6 | XXX |
| 2025130383 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXX |
| 2025130377 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130375 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130381 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130380 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130482 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 3.8 | XXX |
| 2025130500 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0035 | XXX | 0.11 | Clear Capital | ClearAVM | XXX | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130489 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible |  |  |
| 2025130374 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025130422 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2 | XXX |
| 2025130376 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX |
| 2025130378 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130496 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2025130510 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2025130509 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025130494 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130677 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130384 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130448 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130388 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130491 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130393 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2025130438 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130484 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0836 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0836 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025130470 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130648 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130480 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.5 | XXX |
| 2025130471 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130661 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130659 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130386 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130495 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130506 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130430 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.8 | XXX |
| 2025130476 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130507 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130425 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130402 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0059 | 1025 Small Residential Income Report |  |  |  |  | XXX | XXX | .0059 | XXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130462 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130662 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130643 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130457 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130427 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.1 | XXX |
| 2025130463 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130397 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2025130285 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130654 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130458 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130452 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130451 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130460 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130406 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2025130447 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130396 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130446 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130435 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130436 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130474 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130473 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130499 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025130483 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025130464 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130640 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130649 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130646 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130633 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130461 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible |  |  |
| 2025130371 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.8 | XXX |
| 2025130497 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXX |
| 2025130343 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130459 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025130652 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130440 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130373 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130493 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2025130426 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130408 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130485 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130512 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .1700 | 1004 URAR |  |  |  |  | XXX | XXX | .1700 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130653 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130475 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.7 | XXX |
| 2025130434 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130429 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2025130407 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130478 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130465 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025130449 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025130656 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130637 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130369 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025130632 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130627 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130420 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130368 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130336 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | AVM |  |  | XXX | XXX | XXX | XXX | XXX | .0018 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0018 | XXX | 0.04 | Red Bell Real Estate | Other | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130341 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130517 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130453 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130339 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130280 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130629 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130421 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130477 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible |  |  |
| 2025130296 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2025130395 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130338 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.4 | XXX |
| 2025130636 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130444 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130348 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.1500 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1500 | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130345 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2025130442 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025130651 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130644 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130624 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130622 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130619 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130469 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0914 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0914 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2025130418 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2025130479 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025130417 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130344 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130327 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0645 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0645 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130315 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130302 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130502 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2025130354 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130641 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130481 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130356 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130304 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130284 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130279 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130657 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130300 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130416 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025130413 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2025130638 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130387 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130655 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130630 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130623 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130390 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130443 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130325 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130245 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130337 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible |  |  |
| 2025130433 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2025130450 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2 | XXX |
| 2025130297 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130347 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130282 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2025130621 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130270 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130303 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130660 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130625 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130616 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130318 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130332 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130317 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXX |
| 2025130428 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible | 1 | XXX |
| 2025130253 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025130275 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130276 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130272 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130255 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0120 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0120 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130467 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130389 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025130472 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130634 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130609 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130599 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0994 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0994 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130411 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0286 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0286 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130437 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130372 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130333 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2025130305 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130311 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.3 | XXX |
| 2025130310 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130252 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130233 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130352 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.9 | XXX |
| 2025130328 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130391 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130353 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.7 | XXX |
| 2025130292 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.6 | XXX |
| 2025130614 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130613 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130405 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.6 | XXX |
| 2025130273 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130308 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130196 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130647 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130631 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130602 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130370 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130603 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130256 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130200 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130231 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130600 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130283 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130309 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.9 | XXX |
| 2025130192 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130608 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130590 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130505 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130241 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130626 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130618 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130607 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130605 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130592 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130650 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130635 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130615 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130606 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130586 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0962 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0962 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130346 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2025130329 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130414 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.5 | XXX |
| 2025130342 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025130645 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130230 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130367 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130261 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0442 | 1004 URAR |  |  |  |  | XXX | XXX | .0442 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXX |
| 2025130604 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130468 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible |  |  |
| 2025130334 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130294 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025130340 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130314 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130423 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.7 | XXX |
| 2025130278 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130212 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130216 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130185 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130181 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130415 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2025130322 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130265 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible |  |  |
| 2025130439 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025130335 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130288 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130287 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 2.3 | XXX |
| 2025130193 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130298 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130248 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2025130306 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130232 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130247 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | XXX |
| 2025130612 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130601 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130588 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130583 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130259 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2025130578 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130246 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130240 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130218 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130320 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025130147 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130206 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025130291 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130357 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130243 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0996 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0996 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2025130224 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130321 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130164 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130642 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130639 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130620 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130589 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0405 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0405 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130580 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130573 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130268 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130249 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXX |
| 2025130219 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130286 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2025130293 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130176 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0068 | 1004 URAR |  |  |  |  | XXX | XXX | -.0068 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2025130204 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130187 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130271 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130228 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2025130579 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130570 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130229 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025130264 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2025130215 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 4.2 | XXX |
| 2025130186 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130214 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0398 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0398 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 | XXX |
| 2025130577 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0769 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0769 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130576 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0962 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0962 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130571 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130559 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130223 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX | Not Eligible | 1 | XXX |
| 2025130222 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130208 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130250 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130220 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130565 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130556 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130195 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.4 | XXX |
| 2025130197 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2025130295 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130290 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2025130349 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130262 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXX |
| 2025130385 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 | XXX |
| 2025130574 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.1013 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1013 | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130263 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130121 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130085 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.2 | XXX |
| 2025130410 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.8 | XXX |
| 2025130150 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130258 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130610 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130564 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130107 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2025130316 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130153 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130587 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130575 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130535 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130166 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130238 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025130676 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130095 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXX |
| 2025130203 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130582 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130551 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130191 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.5 | XXX |
| 2025130194 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2025130142 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.1 | XXX |
| 2025130138 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0833 | 1004 URAR |  |  |  |  | XXX | XXX | .0833 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130172 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130593 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130560 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130266 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.4 | XXX |
| 2025130257 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025130205 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2025130350 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025130584 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130118 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130331 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130550 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130307 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.8 | XXX |
| 2025130123 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0769 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0769 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130207 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.2 | XXX |
| 2025130581 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130545 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130170 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130596 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130547 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130236 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.3 | XXX |
| 2025130235 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2025130116 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130175 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130598 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130597 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0541 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0541 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130595 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130561 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130540 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130227 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130226 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130129 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130137 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130079 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130617 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130585 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130569 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130128 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2025130198 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2025130115 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130312 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2025130135 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130234 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130628 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130566 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0283 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0283 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130531 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130145 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.8 | XXX |
| 2025130110 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2025130077 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130124 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130133 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130658 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130591 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130537 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130281 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.2 | XXX |
| 2025130211 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2025130139 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.7 | XXX |
| 2025130171 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130179 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130093 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2025130184 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130108 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0346 | 1004 URAR |  |  |  |  | XXX | XXX | .0346 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130558 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130552 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130394 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130078 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130190 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130158 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130169 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130557 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130538 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130105 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0036 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0036 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130202 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2025130165 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130162 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2025130144 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130419 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2025130159 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130183 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2025130301 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025130178 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130562 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130553 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130533 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130529 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130555 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130546 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130541 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130088 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130131 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130548 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130134 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.8 | XXX |
| 2025130111 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130594 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130554 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130130 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Not Eligible | 1 | XXX |
| 2025130324 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130155 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130127 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130156 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130132 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.3 | XXX |
| 2025130082 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130201 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130154 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130143 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130098 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130225 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2025130254 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130544 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130152 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130120 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130161 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130177 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2025130567 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130099 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130151 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0522 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0522 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130112 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 2.3 | XXX |
| 2025130080 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130109 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 1 | XXX |
| 2025130289 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130141 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130319 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130094 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2025130097 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2025130092 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2025130101 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130114 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130091 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 3.4 | XXX |
| 2025130536 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130167 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2025130103 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2025130084 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130083 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0714 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0714 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130146 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130543 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130209 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130102 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130113 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.2 | XXX |
| 2025130611 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130532 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130530 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130173 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130528 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXX |
| 2025130572 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130568 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130136 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0873 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0873 | Consolidated Analytics | N/A | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130148 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 2 | XXX |
| 2025130539 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130534 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2025130122 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130549 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130542 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130096 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.3 | XXX |
| 2025130104 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2025130163 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130090 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130100 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2025130081 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0504 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0504 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130563 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130086 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 3.7 | XXX |

---

## Exhibit 99.17

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.17**

![](ex9917001.jpg)

![](ex9917002.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**December 3, 2025**<br>**Due Diligence Narrative Report** <br>

![](ex9917001.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **3** |
| &nbsp;&nbsp;&nbsp;Sampling | 3 |
| &nbsp;&nbsp;&nbsp;Sponsor Acquisition Criteria | 3 |
| &nbsp;&nbsp;&nbsp;Loan Grading | 3 |
| &nbsp;&nbsp;&nbsp;TPR Component Review Scope | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;Data Integrity | 7 |
| &nbsp;&nbsp;&nbsp;Data Capture | 7 |
| **Data Compare Results** | **7** |
| **Clayton Due Diligence Results** | **8** |
| **Clayton Third Party Reports Delivered** | **9** |
| **Appendix A: Credit Review Scope** | **9** |
| **Appendix B: Origination Appraisal Assessment** | **12** |
| **Appendix C: Regulatory Compliance Review Scope** | **15** |

---

AOMT 2025-13 Due Diligence Narrative Report Page \| 1 December 3, 2025

![](ex9917001.jpg)

**Clayton Contact Information** 

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex9917003.jpg) | **Michael Taylor** | Client Service Director |
|  |  | Phone: (813) 261-8915/E-mail: <u>mtaylor@clayton.com</u> |
| ![](ex9917003.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview** 

Clayton conducted an independent third-party pre-securitization due diligence review of 7 residential loan selected for the AOMT 2025-13 transaction. The loans referenced in this narrative report were reviewed in the month of 7/2025 – 8/2025 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.

**Originators** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Correspondent Bulk | &nbsp;&nbsp;6 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

AOMT 2025-13 Due Diligence Narrative Report Page \| 2 December 3, 2025

![](ex9917001.jpg)

**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<sup>1</sup> loan level review standards in place as of the date of the review. This is referred to as a "Full Review."

Sampling

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

Review Type Loan Counts

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;***Review Type*** | &nbsp;&nbsp; ***Loan Count***<br>***Reviewed by Clayton***  | &nbsp;&nbsp;***Scope Applied*** |
| &nbsp;&nbsp;**Full Review** | &nbsp;&nbsp;7 | &nbsp;&nbsp;Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;7 |  |

---

Sponsor Acquisition Criteria

Clayton was supplied with the guidelines in advance of our review. The subject loans were reviewed to the Originators guidelines.

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

AOMT 2025-13 Due Diligence Narrative Report Page \| 3 December 3, 2025

![](ex9917001.jpg)

package that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades, and sets forth compensating factors and waivers.

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

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.

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Examined
 Data Verify/Fraudgaurd/Interthinx or similar risk evaluation report, which was already
 in the loan file for Nationwide Multistate 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;&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;&nbsp;&nbsp;&nbsp;&nbsp;▪ Value
 Supported Analysis

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 had a desk review that value was supported and with-in tolerance.

AOMT 2025-13 Due Diligence Narrative Report Page \| 4 December 3, 2025

![](ex9917001.jpg)

Clayton had independent access to all products, as listed in Clayton valuations report.

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.

<u>Compliance Review (full scope)</u> 

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;

AOMT 2025-13 Due Diligence Narrative Report Page \| 5 December 3, 2025

![](ex9917001.jpg)

– Affiliated Business Disclosure if applicable.

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

On, June 15th, 2016 SFA published its RMBS 3.0 TRID Compliance Review Scope© documentation, developed under the leadership of members from Third Party Review ("TPR") firms across the industry and SFA'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 SFA RMBS 3.0 Due Diligence, Data and Disclosure Working Group as clarifying regulations may be promulgated on a go forward basis, as well as any binding judicial interpretations of the underlying law.

<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:

● Cook County High Cost Ordinance

● Chicago High Cost Ordinance

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

Anti-predatory lending laws

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

● Minnesota §58 on or after 8/1/2008

AOMT 2025-13 Due Diligence Narrative Report Page \| 6 December 3, 2025

![](ex9917001.jpg)

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)

● Sufficiency of coverage

● Escrow of insurance payments

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. 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 Angel Oak Real Estate Investment Trust III, 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:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Note Rate | &nbsp;&nbsp;2 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |

---

AOMT 2025-13 Due Diligence Narrative Report Page \| 7 December 3, 2025

![](ex9917001.jpg)

**Clayton Due Diligence Results** 

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

**Initial and Final Overall Loan Grade Results (Fitch/Kroll)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 6 |  |  | 1 | **7** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **6** | **0** | **0** | **1** | **7** |

---

\*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.

**Initial and Final Credit Component Grade Results (Fitch/Kroll)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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 | 7 |  |  |  | **7** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **7** | **0** | **0** | **0** | **7** |

---

**Initial and Final Property Valuation Grade Results (Fitch/Kroll)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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 | 6 |  |  | 1 | **7** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **6** | **0** | **0** | **1** | **7** |

---

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**Initial and Final Regulatory Compliance Grade Results (Fitch/Kroll)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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 | 6 |  |  |  | **6** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **6** | **0** | **0** | **0** | **6** |

---

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

**Clayton Third Party Reports Delivered** 

Clayton furnished the following reports on this transaction:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Valuations
 Summary Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Attestation
 Forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. ASF
 Upload

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Rating
 Agency ATR/QM Data Fields

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Waived
 Conditions Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Non-ATR
 QM Upload

**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

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

○ Borrower eligibility, including:

– Citizenship status

– Non- occupant co-borrower

○ Transaction eligibility, including:

Maximum loan amount

– Loan purpose

– Occupancy

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

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

○ Uniform Residential Loan Application reviewed to determine:

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

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

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

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

– Income documentation

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

– CPA letter

– Business licenses

– Tax transcripts (IRS Form 4506-T)

– Other documentation in loan file

○ Income review included:

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

– Documents did not appear to have been altered or inconsistent

– IRS Form 4506-T

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

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

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

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

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

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

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

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

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

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

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

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

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

○ Asset review included:

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– 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 issues was addressed in the transaction

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

– Captured monthly tax payments in debt ratio calculation

○ HUD1 (Settlement Statement) review included:

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

– Seller contributions did not exceed maximum allowed

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

– Disbursements and pay-offs included in debt ratio calculations

– Loan purpose confirmed

○ Hazard/Flood insurance review included:

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

– Confirmed that any required insurance was for the:

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

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

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

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

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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;▪ Life
 of loan, if flood insurance required

Confirmed that any required insurance minimum coverage amount and policy period

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

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

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

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

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

**Appendix B: Origination Appraisal Assessment**

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

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

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

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

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

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

– FNMA 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

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○ 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

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.

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

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

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

– Property usage was reviewed for zoning compliance

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

– Neighborhood values were reviewed to determine if declining

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

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

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

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

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

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

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

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

– Style of property was reviewed to determine if unique property

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

– Locational and/or environmental concerns adequately addressed if present

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

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ 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.

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○ 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 insure 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.

**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

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**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)

○ 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:

● Pre-application forms cannot look similar to the LE

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

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

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

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

● Alphabetization of fees.

● Title fees preceded by "Title –."

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

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

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

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

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

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

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

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

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

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

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

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

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

AOMT 2025-13 Due Diligence Narrative Report Page \| 17 December 3, 2025

![](ex9917001.jpg)

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

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

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

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

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

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

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

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

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

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

● Affiliated Business Disclosure (can impact fee tolerances)

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

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

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

● Accuracy of the Aggregate Adjustment amount.

● Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

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

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

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

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

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

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

AOMT 2025-13 Due Diligence Narrative Report Page \| 18 December 3, 2025

![](ex9917001.jpg)

---

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

---

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**State/Local High Cost** | &nbsp;&nbsp;**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 |
| &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:

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

● West Virginia (Residential Mortgage Lender, Broker and Servicer Act).

AOMT 2025-13 Due Diligence Narrative Report Page \| 19 December 3, 2025

![](ex9917001.jpg)

**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.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Borrower's Interest** | &nbsp;&nbsp;**Borrower's Interest** | &nbsp;&nbsp;**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:

---

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

AOMT 2025-13 Due Diligence Narrative Report Page \| 20 December 3, 2025

![](ex9917001.jpg)

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

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

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

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

Please be advised that Clayton has not determined whether the Loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances, including, but not limited to, licensing and general usury laws that set rate and/or fee limitations, unless listed above. Clayton's review is focused on issues that raise concerns for secondary market investors and other assignees, based on potential for assignee liability, an adverse impact on the lien, and regulatory, litigation and headline risk. Clayton's review is not designed to fully test a lender's compliance with all applicable disclosure and licensing requirements. Furthermore, the findings reached by Clayton are dependent upon its receiving complete and accurate data regarding the Loans from loan originators and other third parties. Please be further advised that Clayton and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clayton do not constitute legal advice or opinions.© 2025 Clayton Services LLC. All rights reserved.

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

AOMT 2025-13 Due Diligence Narrative Report Page \| 21 December 3, 2025

## Exhibit 99.18

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.18**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |  |  |
| *Loans in Report* | *XXX* |  |  |  |
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** |
| 2025130260 | (No Data) | Borrower 2 First Name | XXX | XXX |
| 2025130260 | (No Data) | Original LTV | XXX | XXX |
| 2025130210 | XXX | Origination Date | XXX | XXX |
| 2025130180 | XXX | Note Rate | XXX | XXX |
| 2025130149 | XXX | Note Rate | XXX | XXX |
| 2025130149 | XXX | Original P&I | XXX | XXX |
| XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX 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. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX 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. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX 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. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX 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. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX 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 99.19

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Valuations Summary** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| *Loans in Report:* | *XXX* |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance %** | **Review Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **AVM Vendor Name** | **AVM FSD** | **Confidence Score** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance %** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Report Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU Score** |
| 2025130239 |  | XXX | XXX | XXX | XXX | XXX | XXX XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2025130237 |  | XXX | XXX | XXX | XXX | XXX | 1025 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2025130313 |  | XXX | XXX | XXX | XXX | XXX | 1025 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2025130260 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1 |
| 2025130210 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1 |
| 2025130180 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1 |
| 2025130149 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX |  |  |  |  | XXX | XXX | 0.00% |  | 0 |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1.8 |

---

## Exhibit 99.20

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.20**

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans in Report:*** | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans with Conditions:*** | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Overall Loan Grade** | **Final Securitization Overall Loan Grade** | **Initial Securitization Loan Credit Grade** | **Final Securitization Loan Credit Grade** | **Initial Securitization Loan Property Valuation Grade** | **Final Securitization Loan Property Valuations Grade** | **Initial Securitization Loan Compliance Grade** | **Final Securitization Loan Compliance Grade** | **Initial S&P Overall Loan Grade** | **Final S&P Overall Loan Grade** | **Initial S&P Loan Credit Grade** | **Final S&P Loan Credit Grade** | **Initial S&P Loan Property Valuation Grade** | **Final S&P Loan Property Valuations Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** | **Did Lender Acknowledge Exception at Origination** |
| 2025130239 | XXX | Not Applicable | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2025130237 | XXX | Not Applicable | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2025130313 | XXX | Not Applicable | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2025130260 | XXX | Not Applicable | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 2025130210 | XXX | Not Applicable | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Not Applicable |
| 2025130180 | XXX | Not Applicable | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2025130149 | XXX | Not Applicable | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |

---

## Exhibit 99.21

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.21**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans in Report:*** | *XXX* | *XXX* | *XXX* | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans with Conditions:*** | *XXX* | *XXX* | *XXX* | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Overall Loan Grade** | **Final Securitization Overall Loan Grade** | **Initial Securitization Credit Loan Grade** | **Final Securitization Credit Loan Grade** | **Initial Securitization Property Valuations Loan Grade** | **Final Securitization Property Valuations Loan Grade** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Overall Loan Grade** | **Final S&P Overall Loan Grade** | **Initial S&P Credit Loan Grade** | **Final S&P Credit Loan Grade** | **Initial S&P Property Valuations Loan Grade** | **Final S&P Property Valuations Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Initial Securitization Condition Grade** | **Final Securitization Condition Grade** | **Initial S&P Condition Grade** | **Final S&P Condition Grade** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 2025130239 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Required reserves are XXX months for the subject. Reserves on hand are XXX months.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months |
| 2025130237 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months<br>XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Required reserves are XXX months. Reserves on hand are XXX months. |
| 2025130313 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Required reserves XXX months. Reserves on hand XXX months.<br>XXX: LTV below guideline requirements<br> - XXX Comments: LTV at XXX% below guideline requirements of XXX%<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months. |
| 2025130260 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months<br>XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Required reserves XXX months; reserves on hand XXX months. |
| 2025130210 | XXX | XXX | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | XXX | Missing updated valuation | No | Provide an updated CDA from Clear Capital. | XXX client provided XXX score of XXX. | Condition satisfied. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Required reserves are XXX months; reserves on hand are XXX months.<br>XXX: LTV below guideline requirements<br> - XXX Comments: LTV at XXX% below guideline requirements of XXX%<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months |
| 2025130180 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: LTV below guideline requirements<br> - XXX Comments: XXX% LTV; max XXX%.<br>XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: $XXX reserves; $XXX reserves required.<br>XXX: Credit score exceeds guidelines<br> - XXX Comments: XXX qual score; min XXX. |
| 2025130149 | XXX | XXX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months<br>XXX: DTI below guideline requirement<br> - XXX Comments: DTI at XXX% below guideline requirement of XXX%<br>XXX: Borrower has significant time at current job<br> - XXX Comments: Borrower has significant time at current job of XXX years |

---

## Exhibit 99.22

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.22**

![](ex9922001.jpg)

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

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of Angel Oak Real Estate Investment Trust III (the "Client"). The review included a total of 77 newly originated residential mortgage loans, in connection with the securitization identified as Angel Oak Mortgage Trust 2025-13 (the "Securitization"). The Review was conducted from July 2022 through December 2025 on mortgage loans originated between June 2022 and August 2025.

**Scope of Review**

**Credit Review**

Consolidated Analytics performed a "Credit Review" to verify compliance with guidelines in effect at the time of loan origination, or other guidelines provided by Clients prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

● Review file documentation for required level of income and asset verifications

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

● Review file documentation for required level of employment

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

● Confirm program, qualifying rate, terms

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

● Validate all concurrent loans are included in the DTI to properly assess the ability to repay

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

● Validate subject loan monthly payment (PITI) and associated obligations

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

● Validate monthly recurring liabilities

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

● Validate debt-to-income ratio (DTI) based upon income and debt documentation provided in the file

● Documentation meets Appendix Q requirements for QM Loans

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

● Review credit report for credit history and required credit depth including any / all inquiries

● Determine representative credit score from credit report

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Pricing for First Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5% for a first-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Pricing for Subordinate Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a subordinate-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than applicable dollar amount threshold.

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

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

○ The consumer's debt obligations, alimony, child support; and

○ The monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (77 loans in total):

Fifty-two (52) loans had CU scores of 2.5 or less or were eligible for Collateral Rep and Warranty relief.

Nine (9) loans had an AVM, three (3) loans had Secondary Appraisals, one (1) loan had a Field Review, and twenty (20) loans had a Desktop Review. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then an additional valuation product was completed. There was one (1) instance of this.

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the 77 mortgage loans reviewed, forty-eight (48) unique mortgage loans (62.34% by loan count) had a total of one hundred fifty-one (151) tape discrepancies across seventeen (17) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy <br> Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;40 | &nbsp;&nbsp;26.49% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;35 | &nbsp;&nbsp;23.18% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;20 | &nbsp;&nbsp;13.25% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;15 | &nbsp;&nbsp;9.93% |
| &nbsp;&nbsp;Borrower 1 Origination Equifax | &nbsp;&nbsp;6 | &nbsp;&nbsp;3.97% |
| &nbsp;&nbsp;Borrower 1 Origination TransUnion | &nbsp;&nbsp;6 | &nbsp;&nbsp;3.97% |
| &nbsp;&nbsp;Property_Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;3.97% |
| &nbsp;&nbsp;Borrower 1 Origination Experian | &nbsp;&nbsp;5 | &nbsp;&nbsp;3.31% |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio | &nbsp;&nbsp;5 | &nbsp;&nbsp;3.31% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.99% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.99% |
| &nbsp;&nbsp;Underwriting Exception in File? | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.32% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.66% |
| &nbsp;&nbsp;Original_Amortization_Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.66% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.66% |
| &nbsp;&nbsp;Originator_DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.66% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.66% |
| &nbsp;&nbsp;Grand Total | &nbsp;&nbsp;151 | &nbsp;&nbsp;100.00% |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
|  |  |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 71 | $30393973.00 | 92.21% |
| Event Grade B | 6 | $5755860.00 | 7.79% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| Total Sample | 77 | $36149833.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 72 | 93.51% |
| Event Grade B | 5 | 6.49% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 77 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results (As applicable, 29 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 29 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 29 loans within population did not receive a Compliance Review):** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 45 | 93.75% |
| Event Grade B | 3 | 6.25% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 48 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 77 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 77 | 100.00% |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception Level Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;39 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Note Missing or Defective | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract Expiration Date is prior to Note Date | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract is Expired | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Partially Provided | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Guideline Seasoning not Met | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 CPA Letter Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Documents are Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower does not meet residual income requirement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Certificate Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Verification of Borrower Liabilities Missing or Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;ATR: Current Employment Not Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets do not meet guideline requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Potential Occupancy/Current Address Issues identified in the file | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Lease Agreements Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income/Employment General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Total Hazard Coverage is LESS than the Required Coverage Amount | &nbsp;&nbsp;1 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Missing Closing/Final Verbal VOE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Borrower 2 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Missing Letter of Explanation (Income) | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***86*** |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Note Document Indicator is Partial | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Qualifying DTI exceeds Guideline Maximum Allowable | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Cash to Borrower Exceeds Maximum Allowable | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***6*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;29 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Credit Score Disclosure (FACTA) | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Initial Closing Disclosure Delivery Date Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Note Does Not Indicate a Graduated Payment Schedule but CD Indicates a Graduated Payment Schedule | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;CT Nonprime Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;eSigned Documents Consent is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***44*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Higher-Priced Mortgage Loan | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***3*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;43 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Review - Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Valuation Product Not Provided within 10% Tolerance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;HOA Questionnaire is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraised value unsupported | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***52*** |

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**Event Grade Definitions**

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

---

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

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| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Clients 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. |

---

D <u>There was not sufficient documentation to perform a review or the required legal documents were not furnished.</u>

---

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

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## Exhibit 99.23

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.23**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| 2025130070 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130070 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130070 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130047 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Missing XXX. Cure - Provide copy of disclosure | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided, exception resolved.; XXX Credit Score Disclosure is provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130047 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130047 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | The following CD's are missing from the loan file: Initial CD issued XXX and revised XXX. This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; Exception resolved; Initial CD provided; Exception resolved | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2025130068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | 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).XXX of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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). TILA XXX cure required:<br> Refund in the amount of $XXX<br> Cure package: XXX with XXX, copy of refund and proof of delivery or initial/revised CDs.<br> The Discount points increased on the final CD issued XXX; however, baseline is reset due to initial CD timing. | Document Uploaded. | XXX | Initial CD and valid XXX provided; Exception resolved; Initial CD and valid XXX provided; Exception resolved | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2025130068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Verification of Borrower Liabilities Missing or Incomplete | PITIA on all XXX rental properties is stated but not verified. Mortgage statements and/or HOI and tax statements are required on all XXX properties. | Document Uploaded. | XXX | PITIA for XXX XXX, XXX, and XXX provided. Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2025130068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2025130032 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 XXX Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Missing reverification of XXX business, XXX, dated within XXX days of Note date. | Document Uploaded. | XXX | Borrower 1 3rd Party XXX Prior to Close Was Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130032 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 XXX Party XXX Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Missing reverification of XXX business, XXX, dated within XXX days of Note date. | Document Uploaded. | XXX | Borrower XXX 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130032 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130032 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130027 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Expired | The Lender requires a XXX extending the contract past XXX if the loan closes after XXX. The loan closed on XXX and the required XXX is not in the file to extend the closing to XXX. The Lenders XXX requirement was not met. | Document Uploaded. Uploaded amendment. | XXX | Amendment extending closing date to XXX received. Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130027 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines There is no XXX letter verifying the borrower's self-employment or the expense factor incurred in the borrower's business operations. Per Lender Guidelines for the XXX Program a XXX prepared P&L is required. Unable to verify income as required by G/L.  | Uploaded XXX to other income finding. | XXX | XXX letter is not required for the XXX program as reflected on page XXX of guidelines. Condition rescinded. | XXX | C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130027 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower 1 XXX Letter Missing | Borrower XXX XXX Letter Missing There is no XXX letter verifying the borrower's self-employment or the expense factor incurred in the borrower's business operations. Per Lender Guidelines for the XXX a XXX prepared P&L is required. | Document Uploaded. Please see XXX uploaded. All guidelines have been met for the XXX. A P&L is not required for a XXX. I have cut and pasted the guide requirements. Let me know if you are missing any of the documents mentioned. | XXX | Borrower XXX XXX Letter Missing XXX letter not required for XXX. See page XXX of Lender guidelines. Condition rescinded.; Borrower XXX XXX Letter Missing XXX letter not required for XXX. See page XXX of Lender guidelines. Condition rescinded. | XXX | C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130027 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, 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 XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. The loan is an XXX and it meets the XXX and Appraisal Requirements. |  |  | XXX Compliant | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130027 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130036 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130036 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130036 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. File is missing asset documentation listed on final XXX verifying funds to close and reserve requirements | Document Uploaded. | XXX | Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. File is missing asset documentation listed on final 1003 verifying funds to close and reserve requirements | Document Uploaded. | XXX | The required number of months reserves are to be seasoned does meet Guideline requirement. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements File is missing asset documentation listed on final 1003 verifying funds to close and reserve requirements | Document Uploaded. | XXX | Asset Qualification Meets Guideline Requirements; Final 1003 reflected XXX account was not documented in file. XXX months XXX bank statements provided from XXX. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Assets do not meet guideline requirements | When the Total Qualified Asset Post Close field contains a negative value, the required assets do not meet guidelines. File is missing asset documentation listed on final 1003 verifying funds to close and reserve requirements | Document Uploaded. | XXX | Funds are found to meet guidelines. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | Purchase contract extension has an expiration date of XXX. Loan closed on XXX with no additional extension located within the loan file | Document Uploaded. | XXX | Contract extension through XXX provided. Condition cleared.; Material Finding | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines XXX prepared P&L XXX or XXX month program requires P&L with XXX months bank statements. File has only has XXX of XXX | Document Uploaded. | XXX | Income and Employment Meet Guidelines | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130058 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Expired | The Purchase Contract reflects the closing date is XXX. The subject loan closed XXX. The lender requires a XXX extending the closing date to XXX. | Document Uploaded. Pls see the attached email trail from XXX, as they don't require an Updated Ext to Sales Contract, thanks | XXX | Extension to XXX received. Signed final CD confirms XXX date was acceptable. Condition resolved. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | Appraised value unsupported | XXX is not supported with a variance of - XXX% |  |  | Desk review provided, value supported. Condition cleared | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Notice to the Home Loan Applicant is missing -- Cure - Provide a copy of said notice. | Document Uploaded. XXX provided. | XXX | XXX Credit Score Disclosure is provided. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A B | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, 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 XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | XXX Compliant | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | XXX is Incomplete | XXX incomplete XXX provided does not have answers for questions XXX. Provide a complete XXX with all questions answered. | Document Uploaded. ; Document Uploaded. | XXX | XXX Provided; XXX provided does not have answers for questions XXX completed. Provide a complete XXX with all questions answered. Thank you. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130019 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements The Lenders Guidelines require a Residential pay history XXX. The file documents XXX months of rent payment history. Provide proof of the XXX months rent pay history. | Pls review to XXX guides as Residential pay history XXX | XXX | Per matrix, housing history requirement is XXX vs. XXX. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130074 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing Closing/Final Verbal XXX | Missing Closing/Final Verbal VOE within XXX days of closing for both jobs as per final approval | Document Uploaded. Uploaded XXX and XXX - both jobs XXX. | XXX | Received an updated XXX completed on XXX for XXX and a business search form conducted onXXX for XXX. Sufficient documentation provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Income/Employment General | File is missing the required XXX | Document Uploaded. Uploaded XXX to include a copy of the guidelines for the XXX with XXX months XXX bank stmts provided. A XXX is not required. The XXX is only required when the borr does not have a XXX. | XXX | XXX Statement + XXX XXX guidelines do not require a XXX per guidelines. Condition rescinded. | XXX | D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Documents are Incomplete | Per Lender Guideline XXX Gift Fund Verification - When the funds are not transferred prior to closing , the originator must document that the donor gave the closing agent the gift funds in the form of a certified check, a cashier's check, money order, or wire transfer. A copy of the cancelled check or wire is required per guidelines. The file is missing proof of the gift funds being received by the closing agent. Per Clear to Close in file, provide a copy of the wire transfer for the $XXX Gift Funds. | Document Uploaded. Uploaded proof of receipt of wire for $XXX gift. | XXX | XXX Wire to XXX received. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI of XXX% exceeds Guideline DTI of XXX% The Lender used $XXX income per months from retirement. The XXX Pension tax return only shows $XXX annual ($XXX) for XXX. XXX Deposits show this amount being deposited in borrowers personal account, but only XXX month statement. The borrower's monthly income of $XXX per month is not supported in the file. | Document Uploaded. ; Document Uploaded. On the XXX XXX XXX you will see on XXX that shows a distribution for $XXX on XXX, then a $XXX distribution on XXX. And then you will also see the XXX $XXX distribution on XXX. The financial planner letter states the borr is now receiving $XXX on the XXX of the month. See the XXX XXX statement that shows $XXX distribution on XXX. Total distributions are now $XXX/month ($XXX on XXX and $XXX on XXX). | XXX | XXX statement dated XXX was provided that was not originally in the loan file and supports new $XXX/mo withdrawal. DTI exception resolved.; Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130039 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130054 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130048 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The Lender's Approval requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing or any point post-closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX days of closing. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower states employment start date is XXX, at which point he would have been XXX years old. CPA says he started in XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130048 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Missing copy of the XXX cancelled check/wire of $XXX to the XXX as required per Section XXX in the Lender's Guideline. | Document Uploaded. | XXX | Asset Qualification Meets Guideline Requirements; XXX to Settlement Agent provided. Asset Qualification Meets Guideline Requirements. | XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower states employment start date is XXX, at which point he would have been XXX years old. CPA says he started in XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130048 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | The XXX Credit Report pull date: (XXX) on the Credit Scores card, as found on the Credit Liabilities page must be inside XXX-days of consummation date: (XXX) on the Note Info card as found on the Note page. Please make appropriate corrections. The Lender requires XXX to pull a credit XXX Report within XXX days of closing. The XXX report in file is dated XXX. Provide a XXX report pulled within XXX days closing. | Document Uploaded. | XXX | Lender exception for XXX report > XXX days old at time of closing approved by investor. | XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower states employment start date is XXX, at which point he would have been XXX years old. CPA says he started in XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130048 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Potential Occupancy/Current Address Issues identified in the file | The intent and/or status of the borrower's occupancy is not supported in the file. The XXX reflects that the borrower has purchased rent loss insurance, which calls the occupancy intent into question. | Document Uploaded. | XXX | While it is unusual to have "XXX" on a XXX , the coverage is listed on an incomplete insurance declarations page with XXX which does not appear to be the XXX since dwelling coverage is not present. In addition, the XXX lists occupancy as "XXX". The final XXX in file corrected the XXX to Loss of Use and also included dwelling coverage. Borrower signed an XXX Affidavit indicating XXX and no other properties owned. Unable to confirm Borrower did not intend to occupy the subject. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower states employment start date is XXX, at which point he would have been XXX years old. CPA says he started in XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130048 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower states employment start date is XXX, at which point he would have been XXX years old. CPA says he started in XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130026 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX loan with established XXX and met appraisal requirements. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, 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 XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130026 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXX Nonprime Home Loan Test | This loan failed the XXX nonprime home loan test.The loan is a nonprime home loan, as defined in the legislation. For more information please see the XXX of the full XXX report.While the XXX provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and XXX may prefer not to fund or buy XXX even if the additional conditions are met. XXX loan with established XXX and met appraisal requirements. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130026 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130026 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of XXX fees for non-subject property | Document Uploaded. | XXX | Documentation provided to confirm no XXX dues present on property located on XXX. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 XXX Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing or any point post-closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX days of closing or at any point post-closing. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided. Received an updated business search conducted on XXX. Resolved. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130017 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower does not meet residual income requirement | Residual income of $XXX does not meet guideline minimum of $XXX. Residual income of $XXX does not meet guideline minimum of $XXX. | Hey. Can you send me your calculations as I have out residual income at $XXX. thanks | XXX | Disability increased from $XXX to $XXX/mo as reflected on recent bank statements. Utilizing increased income resolved residual exception. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130017 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130017 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Lender exception in loan file to allow for XXX% payment shock when guideline maximum is XXX% |  |  | Exception granted | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE Prior to Close Missing | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2025130041 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing File is missing Lender's Verbal Verification of Employment dated within XXX days of closing. Subject transaction closed XXX and the XXX XXX was searched on XXX. Please provide updated Active employment search. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130041 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130041 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (XXX) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. The file documented $XXX in available funds. The borrower was required to bring $XXX to closing, which left $XXX in available funds for reserves. The LTV/CLTV is XXX% and per Lender's XXX requires XXX months or $XXX for reserves. The assets are short in the amount of $XXX for reserves. Provide proof of sufficient funds for reserves. |  |  | Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX. After additional review with the client - we have deemed the reserve requirement is XXX months. Resolved. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 2025130075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. The file documented $XXX in available funds. The borrower was required to bring $XXX to closing, which left $XXX in available funds for reserves. The LTV/CLTV is XXX% and per Lender's matrix requires XXX months or $XXX for reserves. The assets are short in the amount of $XXX for reserves |  |  | The required number of months reserves are to be seasoned does meet Guideline requirement. After additional review with the client - we have deemed the reserve requirement is XXX months. Resolved. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 2025130075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Please provide a Third party valuation for review | Document Uploaded. | XXX | Third party valuation product provided within tolerance.; XXX provided. XXX. Additional XXX not required. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 2025130075 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, 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. XXX compliant |  |  | XXX Compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 2025130061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130016 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130016 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130016 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130033 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX days of closing. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130033 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing final Note and CD supporting payment of $XXX with proof XXX are included from the refinance of XXX. | Document Uploaded. | XXX | Note and CD for XXX secured against XXX received. Condition resolved. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130033 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130033 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130029 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX days of closing. | Document Uploaded. Uploaded XXX. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130029 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130029 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower XXX Credit Report is Incomplete | Borrower XXX Credit Report is Partially Present. The loan file is missing the Broker report dated XXX. The Broker report in the file, dated XXX, is a XXX (XXX) report. The Lender's Comparison report references a credit report dated XXX, which was not in the file. The Borrower was qualified using the scores from the missing report. Please provide the credit report dated XXX, so that the Borrower's qualifying credit score can be verified. | Document Uploaded. Uploaded the XXX credit report which was used for qualifying. | XXX | Borrower XXX Credit Report is not partially present. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2025130007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 XXX Party XXX Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The loan file does not contain a 3rd party VOE dated within XXX days of closing. The only verification of the Borrower's self-employment in the file is an Entity Information document, which is not dated. In addition, the file does not contain verification that the Borrower was the XXX% owner of his company, as indicated by the Lender's Bank Statement Calculation Worksheet. The Entity Information document reflects the Borrower as an Officer of the XXX. However, another XXX is also reflected as the XXX and an XXX. Please provide a VOE dated within XXX days of closing, and evidence of the Borrower's XXX% XXX of the XXX. | Document Uploaded. ; Document Uploaded. I realized the letter previously uploaded was aged. Please see updated XXX letter verifying XXX% ownership.; Document Uploaded. Uploaded XXX letter verifying XXX% ownership.; Document Uploaded. Per XXX, we don't need proof of % of ownership. Can assume a XXX split since XXX owners/officers on XXX. She has updated the Bank stmt worksheet at XXX% ownership and the income. See updated 1008, 1003, and XXX. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided; Thank you for providing all of the updated information. Before we update and revise the qualifying income, please provide confirmation of percentage of ownership which is required on page XXX of the Bank Statement matrix (unable to assume XXX% ownership due to XXX bullet point on page XXX of the matrix requires documentation to confirm percentage). Thank you. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2025130007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Missing XXX Credit Score Disclosure | This disclosure is included with the credit report uploaded to the other finding. | XXX | XXX Credit Score Disclosure is provided. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2025130007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2025130034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Provide the Credit Score Disclosure (XXX) dated within XXX days of application. | Document Uploaded. XXX provided | XXX | XXX Credit Score Disclosure is provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 2025130009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower XXX Lease Agreements Missing | Borrower XXX Lease Agreements Missing No lease in file for the rental property. No ownership agreement, but the borrower states that he co-owns the property with his XXX. Using XXX and XXX schedule XXX, and extrapolating the rental income to be the same in XXX plus having the actual tax and XXX costs, the property generates $XXX net positive income. Borrower is being credited with XXX% of said income due to the lack of documentation. XXX rent estimated from XXX tax return, but does not equal amount used by lender for qualifying income. <br>| Confused on this XXX… why do we need a lease agreement?<br>Full doc, and reporting on borrower's tax returns for rental income, which we are using.<br>The property is free and clear, he's on XXX. We don't need ownership agreement..  | XXX | Borrower XXX Lease Agreements Missing Schedule E from XXX used to qualify, Lease agreement not required. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Lenders income is not accurate per bank statements and XXX letter expense ratio. Please provide an updated XXX using the correct income for XXX. | Document Uploaded. Updated income to match bank stmt worksheet. Uploaded XXX and XXX. | XXX | Approval/Underwriting Summary is fully present; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2025130010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | The Total XXX is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The subject Replacement Cost Estimate shows $XXX Replacement cost, the Loan amount is $XXX. The XXX t only has $XXX in coverage with no Replacement coverage listed. The XXX is insufficient. | Document Uploaded. The dwelling coverage was updated to $XXX. See uploaded dec page.; Document Uploaded. | XXX | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; Thank you for providing the XXX. Per section XXX, XXX coverage should be in the amount of the lesser of XXX% of XXX value ($XXX) or the loan amount ($XXX). Since the XXX is the lesser amount, the minimum coverage should be $XXX yet the XXX in file reflects only $XXX. Please provide an updated XXX that reflects sufficient coverage. Thank you. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2025130014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | 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).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the XXX 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). TILA XXX Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX tolerance violation in the amount of $XXX is due to increase from $XXX to $XXX for the Appraisal Fee on the final CD dated XXX. A XXX was provided, however, it lacked specific reasons for the increase. | Document Uploaded. | XXX | Cure package provided to the borrower; exception downgraded to a XXX | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130067 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | XXX Missing | Missing XXX Please provide XXX for review. | Document Uploaded. | XXX | XXX is fully present | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130067 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX compliant This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, 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 XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. | If the loan is compliant can you pls clear condition | XXX | XXX Compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130067 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130002 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The Final 1003 in the file is missing the XXX and monthly mortgage payment for the XXX. Provide a complete and signed Final 1003 that includes the missing mortgage information. | Document Uploaded. | XXX | The Final XXX is Present | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | According to the sales contract addendum dated XXX, the contract was set to expire on or before XXX. However, the subject property did not close until XXX. Audit could not locate an addendum extending the closing date beyond the original expiration. | Document Uploaded. | XXX | Contract addendum extending the closing date has been uploaded, exception resolved. ; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. According to the XXX letter, the borrower holds a XXX% ownership interest in the business. Per lender guidelines, only XXX% of the business account funds should be considered for qualifying purposes. However, the lender applied XXX% of the balance from account #XXX (XXX) toward the down payment, cash to close, and/or reserves. Please provide an updated Credit Risk Summary and Exception (XXX) reflecting revised reserves—adjusting from XXX months to XXX months—or submit an updated bank statement confirming the amount used by the lender | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Audit was unable to locate mortgage statements for the properties located at XXX., XXX., and XXX. to confirm that the payments used in qualifying include full PITI amounts. Additionally, there is no evidence of HOA dues for the XXX. property. An independent search indicates this property is located within a XXX (XXX), which typically includes XXX obligations. | Document Uploaded. ; Document Uploaded. Hi here is the XXX Info and the Credit Supplements for the XXX. | XXX | HOA and PITI documentation received for XXX. Condition cleared.; Thank you for providing the XXX dues information, however, we are still missing documentation to confirm the payments used for properties located at XXX., and XXX. include taxes and insurance. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Missing Letter of Explanation (Income) | Please provide an updated XXX form in accordance with the conditional approval. The XXX letter confirms the borrower holds a XXX% ownership interest in the business, which conflicts with the XXX% ownership stated on the XXX currently in the loan file. | Hi we are not required to get XXX per XXX | XXX | Guidelines do not require updated XXX . Borrower completed their questionnaire prior to XXX letter confirming XXX% ownership vs. XXX%. Lender used XXX% ownership to qualify. Condition rescinded. | XXX | D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2025130006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Note Does Not Indicate a Graduated Payment Schedule but CD Indicates a Graduated Payment Schedule | Lenders Final CD is showing the loan as a XXX year interest only product. The final note states the product is a full XXX year P&I. Please revise the note or the Final CD with the correct information and send for review. | Document Uploaded. | XXX | Correct note provided; excpetion resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2025130066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Documentation Required- Missing initial CD issued on XXX; date verified by disclosure tracking. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legalXXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; Exception resolved<br> ; Initial CD provided; Exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2025130066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2025130011 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | ATR: Current Employment Not Verified | XXX: Current Employment Not Verified Guidelines require a verification of existence of business within XXX days of closing. Please provide a VOE for borrower XXX dated XXX or after. | Document Uploaded. | XXX | Employment verified, exception resolved. ; XXX: Current Employment Was Verified; XXX: Current Employment Not Verified | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130011 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXX Documents Consent is Missing | The eSigned consent disclosure is missing. Documentation Required- Missing initial eSigned documents consent. Intent to Proceed was electronically signed on XXX | Document Uploaded. | XXX | Evidence of XXX is provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130011 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2025130063 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Acknowledged | XXX | Credit | Note Document Indicator is Partial | Note document indicator is Partial. Loan is using Non-QM guidelines and based on rate lock date of XXX; the XXX dated XXX is being utilized. Per the guidelines, XXX year XXX is not allowed. Please advise. | Change status of 'XXX' from Active to Open Rebuttal.;<br> Received updated XXX. XXX Year XXX note is not applicable per guidelines. Compensating Factors : Qualifying Credit Score is XXX; Credit History - XXX-last XXX months; DTI - XXX% (Housing Ratio) or XXX% (Total); Reserves; Residual Income of $XXX; Borrower with same Employer/Business for XXX years. Lender provided exception for the loan not meeting the guideline requirements. ; Change status of 'Note Document Indicator is Partial' from Open Rebuttal to Acknowledged by Client.;<br> Received updated XXX. XXX Year XXX note is not applicable per guidelines. Compensating Factors : Qualifying Credit Score is XXX; Credit History - XXX-last XXX months; DTI - XXX% (Housing Ratio) or XXX% (Total); Reserves; Residual Income of $XXX; Borrower with same Employer/Business for XXX years. Lender provided exception for the loan not meeting the guideline requirements. | XXX |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.<br> ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.<br> ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.<br> ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. <br> ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX<br> ; Borrower XXX has significant job time - Borrower has XXX years on job<br> ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years<br> ; Borrower has stable job time - Borrower hasXXX years at job.<br> A | C | B C A | C D A | C A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2025130063 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Acknowledged | XXX | Credit | Cash to Borrower Exceeds Maximum Allowable | Cash to borrower exceeds maximum allowable. Guideline maximum amount to borrower is: $XXX. Loan is using XXX guidelines and based on rate lock date of XXX; the XXX dated XXX is being utilized. Per guidelines max cash-out is $XXX. The final Cash-Out calculation is $XXX. The final CD shows a XXX and XXX lien being paid off. The XXX is non-purchase monty and the guidelines state XXX debt cannot be paid off. Pleasse provide sufficient documentation for the XXX debt being paid, as well as, the maxed out cash-out funds. | Change status of 'XXX' from Active to Open Rebuttal.;<br> Received updated XXX - Cash-Out funds of $XXX are more than the guidelines allow ($XXX). Compensating Factors : Qualifying Credit Score is XXX; Credit History - XXX-last XXX months; DTI - XXX% (Housing Ratio) or XXX% (Total); Reserves; Residual Income of $XXX; Borrower with same Employer/Business for XXX years. Lender provided exception for the loan not meeting the guideline requirements. ; Change status of 'Cash to Borrower Exceeds Maximum Allowable' from Open Rebuttal to Acknowledged by Client.;<br> Received updated XXX - Cash-Out funds of $XXX are more than the guidelines allow ($XXX). Compensating Factors : Qualifying Credit Score is XXX; Credit History - XXX-last XXX months; DTI - XXX% (Housing Ratio) or XXX% (Total); Reserves; Residual Income of $XXX; Borrower with same Employer/Business for XXX years. Lender provided exception for the loan not meeting the guideline requirements. | XXX |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.<br> ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.<br> ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.<br> ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. <br> ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX<br> ; Borrower XXX has significant job time - Borrower has XXX years on job<br> ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years<br> ; Borrower has stable job time - Borrower hasXXX years at job.<br> A | C | B C A | C D A | C A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2025130063 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Cleared | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.<br> ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.<br> ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.<br> ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. <br> ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX<br> ; Borrower XXX has significant job time - Borrower has XXX years on job<br> ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years<br> ; Borrower has stable job time - Borrower hasXXX years at job.<br> A | C | B C A | C D A | C A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2025130063 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Cured Post Close | XXX | Compliance | Charges That Cannot Increase Test | 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 $XXX.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).; XXX - Refund in the amount of $XXX, cure package requires a PCCD, XXX, copy of refund check, and proof of delivery or valid XXX. The XXX tolerance violation in the amount of $XXX is due to increase from $XXX to $XXX Re-inspection fee from CD XXX to CDXXX, without a valid XXX. | Change status of 'Charges That Cannot Increase Test' from Active to Open Rebuttal.;<br> XXX - Cure package provided; Change status of 'Charges That Cannot Increase Test' from Cleared to Cured Post Close.;<br> XXX - XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery XXX which downgrades the exception to a XXX | XXX | This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).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). | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.<br> ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX.<br> ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.<br> ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. <br> ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX<br> ; Borrower XXX has significant job time - Borrower has XXX years on job<br> ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years<br> ; Borrower has stable job time - Borrower hasXXX years at job.<br> A | C | B C A | C D A | C A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2025130064 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Cleared | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  | XXX | Borrower has more than XXX years at current residence - Borrower at current residenceXXX years<br> ; Borrower has stable job time - Borrower has XXX years at job.<br> C A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130064 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Acknowledged | XXX | Compliance | Higher-Priced Mortgage Loan | Higher-Priced Mortgage Loan (12 CFR §1026.35(a)(1))The loan is a higher-priced mortgage loan due to the following findings:The loan has a date creditor received application on or after the effective date of XXX, and either:The loan is secured by a XXX with a principal obligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is secured by a XXX with a principal obligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is a subordinate lien and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more.; XXX loan with established XXX and appraisal received. downgrade to B |  |  |  | XXX | Borrower has more than XXX years at current residence - Borrower at current residenceXXX years<br> ; Borrower has stable job time - Borrower has XXX years at job.<br> C A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130064 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Acknowledged | XXX | Credit | Qualifying DTI exceeds Guideline Maximum Allowable | Qualifying DTI of XXX exceeds guideline maximum of XXX. | Change status of 'Qualifying DTI exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.;<br> XXX; Client provided XXX approved exception to allow XXX% DTI. Compensating factors: XXX% housing ratio. Monthly residual income $XXX. XXX in the last XXX months. | XXX |  | XXX | Borrower has more than XXX years at current residence - Borrower at current residenceXXX years<br> ; Borrower has stable job time - Borrower has XXX years at job.<br> C A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2025130056 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130046 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Appraisal Review - Missing | Missing appraisal review for subject property: XXX | XXX: XXX appraisal |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130059 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130055 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130050 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130049 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130028 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130051 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Note Missing or Defective | "XXX" prepayment penalty type outlined in the note addendum is not allowed per XXX XXX. Per XXX, only "XXX" prepayment penalty types are allowed in the state of XXX | XXX: approved via email |  | XXX: Approved via email | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | XXX Missing or Defective | XXX is missing mortgagee clause after lender's name. Please provide updated XXX with XXX XXX | XXX: uploaded |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130043 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130035 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130072 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130037 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130023 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130060 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130025 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | XXX Missing or Defective | XXX is missing expiration date. Please provide the updated XXX | XXX: uploaded |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130018 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | XXX Missing or Defective | Missing XXX for the subject property : XXX | XXX: XXX |  | XXX:Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130021 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130045 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130020 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Note Missing or Defective | Note date of XXX does not XXX with closing date of XXX on the Closing Disclosure. Please provide updated Note. | XXX: XXX |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130040 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Note Missing or Defective | Prepayment penalty is not allowed per guidelines. For the state of XXX the max prepayment is XXX% for the XXX year and XXX% for the XXX year. The XXX in file is XXX% for XXX months which is not allowed per guidelines. | XXX: XXX |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130062 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130003 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130071 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Appraisal Missing or Defective | Appraisal provided is insufficient, ends of pages are cut off. Please provide full appraisal with all information. | XXX: Appraisal |  | XXX: Received | XXX | C B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2025130071 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV tape > max XXX% LTV allowed when using XXX for qualifying rental income | XXX: XXX |  | XXX: Waived | XXX | FICO XXX, DSCR XXX, months reserves XXX B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2025130001 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130004 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130076 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Appraisal Review - Missing | Missing XXX review product for subject property:XXX | XXX: uploaded |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130269 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (XXX) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. The cash-out proceeds of $XXX do not cover XXX months of reserves totaling $XXX as required for a cash-out refinance transaction with a loan amount greater than $XXX. There were no assets listed on the loan application or verified in file, other than the XXX statements used to calculate the Borrower's income that reflect a recent balance of $XXX, totaling $XXX, which is still below the minimum reserve requirement. |  |  | Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX. Reserves not required for R/T with LTV under XXX%.; | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130269 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130269 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130126 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2025130126 | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.24

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.24**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| 2025130070 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130047 |  |  | XXX A | B | B | B | B | B A | A | A | A | A | A |
| 2025130068 |  |  | XXX D | C | C | C | C | C A D | A | A | A | A | A |
| 2025130032 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130027 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2025130036 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130058 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130030 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2025130038 |  |  | XXX A | B | B | B | B | B C A | A | A | A | A | A |
| 2025130052 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130044 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130053 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130019 |  |  | XXX A | A | A | A | A | A B | A | A | A | A | A |
| 2025130074 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130057 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130069 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130042 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130039 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2025130054 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130048 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2025130008 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130026 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130031 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130015 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130017 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130012 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2025130041 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130075 |  |  | XXX D | A | A | A | A | A C D | A | A | A | A | A |
| 2025130061 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130016 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130033 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130029 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130007 |  |  | XXX D | B | B | B | B | B A D | A | A | A | A | A |
| 2025130034 |  |  | XXX A | B | B | B | B | B A | A | A | A | A | A |
| 2025130009 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130005 |  |  | XXX B | A | A | A | A | A B | A | A | A | A | A |
| 2025130010 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2025130014 |  |  | XXX A | C | C | C | C | C A | B | B | B | B | B A |
| 2025130067 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130002 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130022 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2025130006 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130066 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2025130011 |  |  | XXX C | B | B | B | B | B A C | A | A | A | A | A |
| 2025130064 |  | XXX | XXX C | C | C | C | C | C A B | B | B | B | B | B A |
| 2025130063 |  | XXX | XXX D C | C | C | C | C | C A D B | B | B | B | B | B A |
| 2025130056 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130046 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2025130059 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130055 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130050 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130049 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130028 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130051 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130073 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2025130024 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130043 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130035 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130072 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130037 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130060 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130023 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130018 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2025130025 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2025130045 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130021 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130020 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2025130040 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130013 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2025130062 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130003 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130071 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2025130001 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130004 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2025130076 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2025130269 | XXX |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2025130126 | XXX |  | XXX A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.25

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.25**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025130070 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025130047 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0014 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.14% | XXX | 0.03 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 2025130068 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 2025130032 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130027 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| 2025130036 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0404 | XXX One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.040 | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.3 |  |
| 2025130058 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| 2025130030 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130038 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | -.1347 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1347 | XXX | 0.07 |  |  |  | XXX | XXX | -.0750 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130052 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130044 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130053 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130019 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 |  |
| 2025130074 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130057 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2025130069 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130042 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130039 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130054 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130048 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130008 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2025130026 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | .0050 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.50% | XXX | 0.07 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| 2025130031 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Class Valuation | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| 2025130015 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0279 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0279 | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.1 |  |
| 2025130017 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130012 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 2025130041 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130075 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130061 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130016 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | -.0508 | Desk Review |  |  |  |  | XXX | XXX | -.0508 | XXX | 1073 Individual XXX Report |  |  |  |  |  |  |  |  | XXX | XXX | -.0508 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130033 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2025130029 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2025130007 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0372 | XXX | 0.15 | Clear Capital | ClearAVM | XXX | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| 2025130034 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130009 |  |  | XXX | XXX | XXX | XXX | XXX |  | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2025130005 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025130010 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2025130014 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.4 |  |
| 2025130067 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| 2025130002 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.2 |  |
| 2025130022 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0689 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0689 | XXX | 0.05 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2025130006 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130066 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.7 |  |
| 2025130011 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2025130063 |  |  |  | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.0538 | XXX | URAR Form 1004 Form 70 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 |  |
| 2025130064 |  |  |  | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 2025130056 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130046 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | -6.38% | XXX | URAR Form 1004 Form 70 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130059 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130055 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025130050 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |
| 2025130049 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130028 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2.98% | XXX | 3% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130051 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130073 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130024 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130043 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| 2025130035 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130072 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130037 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130060 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 2025130023 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2025130018 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| 2025130025 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130045 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9.43% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130021 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130020 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 2025130040 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 1.94% | XXX | 3% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130013 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2.39% | XXX | 5% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130062 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130003 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130071 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130001 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2025130004 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2025130076 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2025130269 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130126 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.26

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.26**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |  |
| 2025130070 | Qualifying Total Reserves Number of Months | XXX | XXX | used cash out for reseres |  |
| 2025130070 | QM Qualifying Total Debt Income Ratio | XXX | XXX | minor variance |  |
| 2025130070 | Qualifying All Borrower Residual Income | XXX | XXX | minor variance |  |
| 2025130047 | Qualifying Total Reserves Number of Months | XXX | XXX | minor variance |  |
| 2025130047 | QM Qualifying Total Debt Income Ratio | XXX | XXX | minor variance |  |
| 2025130047 | Qualifying Total Debt Income Ratio | XXX | XXX |  |  |
| 2025130047 | Qualifying All Borrower Residual Income | XXX | XXX | minor variance |  |
| 2025130068 | Qualifying Total Reserves Number of Months | XXX | XXX | nominal variance |  |
| 2025130068 | QM Qualifying Total Debt Income Ratio | XXX | XXX | nominal variance |  |
| 2025130068 | Qualifying Housing Debt Income Ratio | XXX | XXX |  |  |
| 2025130068 | Qualifying Total Debt Income Ratio | XXX | XXX |  |  |
| 2025130068 | Qualifying All Borrower Residual Income | XXX | XXX | nominal variance |  |
| 2025130032 | Qualifying Total Reserves Number of Months | XXX | XXX | Assets are based on the most recent bank acct balances from the accts listed on the Final 1003. |  |
| 2025130032 | Qualifying Total Debt Income Ratio | XXX | XXX |  |  |
| 2025130032 | Qualifying Housing Debt Income Ratio | XXX | XXX |  |  |
| 2025130032 | QM Qualifying Total Debt Income Ratio | XXX | XXX | Due to difference in Primary PITI |  |
| 2025130032 | Qualifying All Borrower Residual Income | XXX | XXX | Due to difference in Primary PITI |  |
| 2025130027 | Application Date | XXX | XXX | Application date is XXX. XXX is not removing the discrepancy. |  |
| 2025130036 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |  |
| 2025130058 | Borrower 1 Origination Experian | XXX | XXX |  |  |
| 2025130058 | Borrower 1 Origination Equifax | XXX | XXX |  |  |
| 2025130058 | Borrower 1 Origination TransUnion | XXX | XXX |  |  |
| 2025130058 | QM Qualifying Total Debt Income Ratio | XXX | XXX | Debts entered per broker credit report |  |
| 2025130058 | Qualifying Total Debt Income Ratio | XXX | XXX | Debts entered per broker credit report |  |
| 2025130058 | Qualifying All Borrower Residual Income | XXX | XXX | Per income calculations |  |
| 2025130030 | Qualifying Total Debt Income Ratio | XXX | XXX | Using debt payments from origination credit report. |  |
| 2025130030 | Qualifying All Borrower Residual Income | XXX | XXX | Using debt from origination credit report. |  |
| 2025130038 | Qualifying Housing Debt Income Ratio | XXX | XXX | Within tolerance |  |
| 2025130038 | Qualifying Total Debt Income Ratio | XXX | XXX | Within tolerance |  |
| 2025130038 | Qualifying All Borrower Residual Income | XXX | XXX | Total income - total liabilities |  |
| 2025130052 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |  |
| 2025130044 | Qualifying FICO | XXX | XXX | Per credit report |  |
| 2025130044 | Property Type | XXX | XXX | Per appraisal |  |
| 2025130044 | Qualifying Total Debt Income Ratio | XXX | XXX | Per income/rent/debt calculations |  |
| 2025130044 | Qualifying Housing Debt Income Ratio | XXX | XXX | DTI variance is due to re-calc of rental income variance and using the debt from the origination credit report. |  |
| 2025130044 | Qualifying All Borrower Residual Income | XXX | XXX | Per income/rent calcualtions |  |
| 2025130053 | Property Type | XXX | XXX | Per appraisal |  |
| 2025130053 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets |  |
| 2025130019 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets |  |
| 2025130019 | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding |  |
| 2025130019 | Qualifying All Borrower Residual Income | XXX | XXX | Per income calculations |  |
| 2025130074 | Application Date | XXX | XXX |  |  |
| 2025130074 | Qualifying Total Reserves Number of Months | XXX | XXX | Most recent verified assets from the accts listed on the XXX w/EM verified. |  |
| 2025130074 | Qualifying Total Debt Income Ratio | XXX | XXX | Used initial credit report |  |
| 2025130074 | Qualifying Housing Debt Income Ratio | XXX | XXX | Used initial credit report |  |
| 2025130074 | Qualifying All Borrower Residual Income | XXX | XXX | Used initial credit report |  |
| 2025130057 | Borrower 1 Origination Experian | XXX | XXX | Per original credit report |  |
| 2025130057 | Borrower 1 Origination TransUnion | XXX | XXX | Per original credit report |  |
| 2025130057 | Borrower 1 Origination Equifax | XXX | XXX | Per original credit report |  |
| 2025130069 | Qualifying Total Debt Income Ratio | XXX | XXX | Variance is due to using the debt payments from the origination credit report. |  |
| 2025130069 | Qualifying All Borrower Residual Income | XXX | XXX | Variance is due to using the debt payments from the origination credit report. |  |
| 2025130042 | Borrower 1 Origination Equifax | XXX | XXX | Per Credit Report |  |
| 2025130042 | Borrower 1 Origination Experian | XXX | XXX | Per Credit Report |  |
| 2025130042 | Borrower 1 Origination TransUnion | XXX | XXX | Per Credit Report |  |
| 2025130042 | Qualifying Total Reserves Number of Months | XXX | XXX | Within tolerance |  |
| 2025130042 | Qualifying Total Debt Income Ratio | XXX | XXX | Within tolerance |  |
| 2025130042 | Qualifying Housing Debt Income Ratio | XXX | XXX | Within tolerance |  |
| 2025130042 | Qualifying All Borrower Residual Income | XXX | XXX | Within tolerance |  |
| 2025130039 | Qualifying Total Reserves Number of Months | XXX | XXX | Per most recent asset statements provided. |  |
| 2025130039 | Qualifying Total Debt Income Ratio | XXX | XXX | A total of $XXX a month was not able to be verified. |  |
| 2025130039 | Qualifying All Borrower Residual Income | XXX | XXX | A total of $XXX a month was not able to be verified. |  |
| 2025130054 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |  |
| 2025130048 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on assets in file and gift funds. |  |
| 2025130048 | Qualifying Total Debt Income Ratio | XXX | XXX | The variance is due to using the debt from the origination credit report. |  |
| 2025130048 | Underwriting Exception in File? | XXX | XXX |  |  |
| 2025130048 | Qualifying All Borrower Residual Income | XXX | XXX | The variance is due to using the debt from the origination credit report. |  |
| 2025130008 | Qualifying Total Debt Income Ratio | XXX | XXX | lender v broker XXX |  |
| 2025130008 | Qualifying All Borrower Residual Income | XXX | XXX | lender v broker XXX |  |
| 2025130026 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets provided |  |
| 2025130026 | Qualifying Total Debt Income Ratio | XXX | XXX | Per income and Debt calculations |  |
| 2025130026 | Qualifying All Borrower Residual Income | XXX | XXX | Auto calculated |  |
| 2025130031 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets |  |
| 2025130031 | Qualifying Housing Debt Income Ratio | XXX | XXX | Difference in taxes and original debts |  |
| 2025130031 | Qualifying Total Debt Income Ratio | XXX | XXX | Difference in taxes and original debts |  |
| 2025130031 | Qualifying All Borrower Residual Income | XXX | XXX | Per income calculations |  |
| 2025130015 | Qualifying Total Debt Income Ratio | XXX | XXX | Variance is due to XXX calc for departing residence and using the debt from the origination credit report. |  |
| 2025130015 | Qualifying All Borrower Residual Income | XXX | XXX | Variance is due to using the debt from the origination credit report. |  |
| 2025130017 | Qualifying Total Reserves Number of Months | XXX | XXX | Per Assets provided in file |  |
| 2025130017 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender used an additional $XXX in income than what was verified. |  |
| 2025130017 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender used an additional $XXX in income than what was verified. |  |
| 2025130017 | Qualifying All Borrower Residual Income | XXX | XXX | Lender used an additional $XXX in income than what was verified. |  |
| 2025130012 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit report |  |
| 2025130012 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report |  |
| 2025130012 | Qualifying Total Debt Income Ratio | XXX | XXX | Calculation on XXX is slightly higher than lender. |  |
| 2025130012 | Underwriting Exception in File? | XXX | XXX | Per XXX |  |
| 2025130012 | Qualifying All Borrower Residual Income | XXX | XXX | Difference in debts |  |
| 2025130041 | Qualifying Total Debt Income Ratio | XXX | XXX | Broker credit report documented slightly higher debt than Lender's credit report. |  |
| 2025130041 | Qualifying All Borrower Residual Income | XXX | XXX | Broker credit report documented slightly higher debt than Lender's credit report. |  |
| 2025130075 | Application Date | XXX | XXX | Verified on Disclosure Tracking Summary |  |
| 2025130075 | Qualifying Total Reserves Number of Months | XXX | XXX | Assets are based on the most recent bank account balance from the account listed on the final 1003, with earnest money verified. | Assets are based on the most recent bank account balance from the account listed on the final 1003, with earnest money verified. |
| 2025130075 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |  |
| 2025130075 | Qualifying Housing Debt Income Ratio | XXX | XXX | Per docs in the file and matches lenders XXX |  |
| 2025130075 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |  |
| 2025130061 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report with different liability amounts. |  |
| 2025130061 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report with different liability amounts. |  |
| 2025130016 | Qualifying FICO | XXX | XXX | Using primary borrowers mid score |  |
| 2025130016 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report with slightly different liabilities |  |
| 2025130016 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report with slightly different liabilities |  |
| 2025130033 | Qualifying Housing Debt Income Ratio | XXX | XXX | Housing DTI is XXX as the borrower's primary residence totals $XXX, lender used $XXX |  |
| 2025130033 | Qualifying Total Debt Income Ratio | XXX | XXX | Back end DTI is XXX% as the borrower's primary residence totals $XXX, lender used $XXX |  |
| 2025130033 | Qualifying All Borrower Residual Income | XXX | XXX | Using the re-verified income and debt from the origination credit report w/variance in primary residence payment. |  |
| 2025130029 | Qualifying Total Debt Income Ratio | XXX | XXX | borrower has refi of additional property happening simultaneously with subject loan. Reviewer used the new XXX provided and documented by the lender | borrower has refi of additional property happening simultaneously with subject loan. Reviewer used the new XXX provided and documented by the lender |
| 2025130029 | Qualifying Housing Debt Income Ratio | XXX | XXX | verified funds plus cash out at time of closing |  |
| 2025130029 | Qualifying All Borrower Residual Income | XXX | XXX | broker v lender XXX. minor variance, no impact on qualification or guideline compliance |  |
| 2025130007 | Qualifying Total Reserves Number of Months | XXX | XXX | Discrepancy resulting from variance between Audit XXX and Lender's amount. Audit premium is $XXX/mo > Lender's amount. | Discrepancy resulting from variance between Audit XXX and Lender's amount. Audit premium is $XXX/mo > Lender's amount. |
| 2025130007 | Qualifying Total Debt Income Ratio | XXX | XXX |  |  |
| 2025130007 | Qualifying Housing Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between Audit XXX and Lender's amount. Audit premium is $XXX/mo > Lender's amount. | Discrepancy resulting from variance between Audit XXX and Lender's amount. Audit premium is $XXX/mo > Lender's amount. |
| 2025130007 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |  |
| 2025130034 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |  |
| 2025130034 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |  |
| 2025130009 | Qualifying Total Reserves Number of Months | XXX | XXX | lender double-counted the gift funds as an asset. funds were wired directly to the closing agent |  |
| 2025130009 | Qualifying Housing Debt Income Ratio | XXX | XXX | lenders income for the rental property cannot be substantiated using the documentation in file |  |
| 2025130009 | Qualifying Total Debt Income Ratio | XXX | XXX | lenders income for the rental property cannot be substantiated using the documentation in file |  |
| 2025130009 | Qualifying All Borrower Residual Income | XXX | XXX | lenders income for the rental property cannot be substantiated using the documentation in file |  |
| 2025130005 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit Report |  |
| 2025130005 | Borrower 1 Origination Equifax | XXX | XXX | Per credit Report |  |
| 2025130005 | Qualifying FICO | XXX | XXX | Per credit Report |  |
| 2025130005 | Borrower 1 Origination Experian | XXX | XXX | Per credit Report |  |
| 2025130005 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. |
| 2025130005 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. |
| 2025130005 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. Lender is also calculating the investment property liability twice. | Lender is using an incorrect income for XXX. Expense ratio is XXX%, Worksheet is incorrect and does not match the XXX letter. Lender is also calculating the investment property liability twice. |
| 2025130010 | Qualifying Total Reserves Number of Months | XXX | XXX | Assets are based on the most recent balances in the accts that are listed on the Final XXX. |  |
| 2025130010 | Qualifying All Borrower Residual Income | XXX | XXX | Variance is due to using the debt payment amounts from the origination credit report. |  |
| 2025130010 | Qualifying Total Debt Income Ratio | XXX | XXX | Variance is due to using the debt payment amounts from the origination credit report. |  |
| 2025130014 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs. Gift to XXX calculation discrepancy |  |
| 2025130067 | Qualifying All Borrower Residual Income | XXX | XXX | Tape Data is rounded to whole XXX. |  |
| 2025130067 | Borrower 1 Last Name | XXX | XXX | Last name per Note. |  |
| 2025130067 | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding |  |
| 2025130002 | Qualifying Total Reserves Number of Months | XXX | XXX | Rounding |  |
| 2025130002 | Qualifying All Borrower Residual Income | XXX | XXX | Lenders REO calculations are slightly off using XXX% of the rental income |  |
| 2025130002 | Qualifying Total Debt Income Ratio | XXX | XXX | Lenders REO calculations are slightly off using XXX% of the rental income |  |
| 2025130022 | Qualifying Total Reserves Number of Months | XXX | XXX | According to the XXX letter and the XXX, the borrower holds a XXX% ownership interest in the business. Per lender guidelines, only XXX% of the XXX funds should be considered. However, the lender has applied XXX% of the account balance. | According to the XXX letter and the XXX, the borrower holds a XXX% ownership interest in the business. Per lender guidelines, only XXX% of the XXX funds should be considered. However, the lender has applied XXX% of the account balance. |
| 2025130022 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |  |
| 2025130022 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |  |
| 2025130006 | Cash Disbursement Date | XXX | XXX | closed XXX, disbursed XXX |  |
| 2025130006 | Qualifying All Borrower Residual Income | XXX | XXX | revolving debts updated due to significant changes on XXX credit report |  |
| 2025130006 | Qualifying Total Debt Income Ratio | XXX | XXX | revolving debts updated due to significant changes on XXX credit report |  |
| 2025130066 | Qualifying Housing Debt Income Ratio | XXX | XXX |  |  |
| 2025130066 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |  |
| 2025130066 | Qualifying Total Debt Income Ratio | XXX | XXX |  |  |
| 2025130011 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |  |
| 2025130011 | Borrower 1 Origination TransUnion | XXX | XXX | Per Credit Report |  |
| 2025130011 | Borrower 1 Origination Equifax | XXX | XXX | Per Credit Report |  |
| 2025130011 | Borrower 1 Origination Experian | XXX | XXX | Per Credit Report |  |
| 2025130063 | Original_Amortization_Term | XXX | XXX | FALSE |  |
| 2025130063 | Property_Type | XXX | XXX | FALSE |  |
| 2025130064 | Originator_DTI | XXX | XXX | FALSE |  |
| 2025130064 | Property_Type | XXX | XXX | FALSE |  |
| 2025130269 | XXX | XXX | XXX | Other | Property type confirmed using appraisal. |
| 2025130126 | XXX | XXX | XXX | XXX | Property type confirmed using appraisal. |
| 2025130126 | XXX | XXX | XXX | No | XXX confirmed using XXX addendum to note/Rider |

---

## Exhibit 99.27

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.27**

![](ex9927001.jpg)

Executive Summary

AOMT 2025-13

&nbsp;&nbsp;&nbsp;&nbsp;(1) Type
 of Assets.

Covius Real Estate Services, LLC ("CRES") performed the due diligence services described below on behalf of eResi Mortgage LLC. The loan was originated by one loan seller and acquired directly (or indirectly) by Angel Oak Real Estate Investment Trust III (the "Sponsor(s)/Client(s)") through a Reliance Letter. The loan review was conducted in July 2022.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Number
 of Assets.

There is 1 asset in the loan population.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Review
 Process.

The post-closing loan review was graded in accordance with the following NRSRO(s) Third Party Due- Diligence Criteria, in addition to the review grading of "Meets Guidelines" or "Does Not Meet Guidelines":

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● U.S. RMBS Rating Criteria dated October 1, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● US RMBS Rating Methodology, dated December 7, 2023 |

---

The post-closing review included a re-underwrite of each borrowers' credit, an analysis of the property valuation, and regulatory compliance testing. Post-closing reviews are underwritten to the applicable lender's or client's underwriting guidelines and credit matrices. The review scope and methodology of these different review areas is discussed in subsequent sections of this document.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Sample
 size of the assets reviewed.

The due diligence review was conducted on 100% of the loan population and consisted of 1 mortgage loan with an aggregate original principal balance of approximately $212,000. The mortgage loan originated in July 2022 by one correspondent Seller.

&nbsp;&nbsp;&nbsp;&nbsp;(5) Asset
 Review

In connection with the credit re-underwrite, CRES reviewed all origination documentation to determine conformity to the applicable underwriting guidelines and other regulatory requirements described below, including (if applicable) the Ability to Repay and Qualified Mortgage requirements. Review areas

Page 1 of 8

included, but are not limited to:

**Credit Review and Methodology**

**Credit Report**: Analyzed the Borrower's credit report/credit history, confirming that credit scores, liabilities and public records met guideline requirements. Liabilities gathered from the credit report were included in the re-calculation of the debt-to-income ratio as appropriate. In addition the following data was also captured and reviewed to confirm compliance with guideline and ASF reporting requirements: (i) credit report date, (ii) bankruptcy date, (iii) bankruptcy discharge date, (iv) bankruptcy chapter, (v) foreclosure date, (vi) short sell date, (vii) longest trade line (active), (viii) longest trade line balance (active), (ix) months reviewed, (x) number of trade lines, (xi) credit scores, (xii) revolving debts and (xiii) installments debts.

**Loan Application (1003):** Reviewed the Borrower's Loan Application including comparison of initial loan application against the final loan application, or other loan applications found in the file, to identify potential discrepancies. In addition the following data was also captured and reviewed to confirm compliance with guideline and ASF reporting requirements: (i) purpose, (ii) years in primary residence, (iii) number of mortgaged properties (as compared with the credit reports disclosed mortgages), (iv) application date, (v) borrower information (name, date of birth, social security number and number of family members), (vi) borrower's address, (vii) borrower(s)' employment information (including address, years at job, years in field), (vii) monthly income and (ix) citizenship.

**Loan Approval/Exception Form (if applicable):** Reviewed the Lender's approval and Client's exception approval documentation to confirm appropriate risk mitigating factors were present when granting exceptions.

**Sales Contract (if applicable):** Reviewed the sales contract to confirm buyer(s) and seller(s), sales price and property address matches other documents.

**Title:** Reviewed the title policy or commitment to identify possible judgments or other liens that may have existed at origination. In addition, proper vesting and parties (as disclosed on sales contract, note, and deed) were reflected accurately.

**Hazard and Flood Insurance:** Reviewed hazard and flood (if applicable) insurance to ensure policy met the minimum required amount of replacement coverage.

**Leases and Market Rents (DSCR Loans):** Reviewed lease agreements and third-party market rent documents to confirm compliance with Debt-Service-Coverage-Ratio requirements. Note, the documentation that can be used to establish market rents can vary from lender to lender. CRES reviews the market rent source, to ensure compliance with applicable guidelines. In some cases, lenders may not require proof of market rents, if a sourced payment history can be provided along with the lease agreement.

**Assets:** Reviewed (i) bank statements, (ii) verification-of-deposit (VOD) and (iii) stock or security account statements to ensure adequate assets were provided verifying down payment, closing costs and reserves required by the guidelines.

**Guidelines:** Confirmed compliance with applicable underwriting guidelines and determined the qualification of credit and income, assets, property type and usage, LTV/CLTV, and documentation requirements to applicable underwriting guidelines and loan program matrices. Items included, but not limited to: FICO, housing history, bankruptcy and foreclosure seasoning, occupancy, credit grade, loan amounts (minimum and maximum), maximum cash out amount, reserves, residual income, minimum trade lines and debt to service coverage ratio requirements.

Page 2 of 8

Unless otherwise stated in the Lender's or Client's guidelines, Fannie Mae guidelines prevail.

**Property Valuation Review and Methodology**

CRES reviewed the Appraisal for completeness and conformance to industry standards, including requirements set forth in Title XI of FIRREA. The review included both data and description information provided by the appraiser. Review items included: (i) property address and borrower information matches the mortgage note and other critical origination documents, (ii) neighborhood characteristics and housing trends were acceptable and met applicable underwriting guidelines, (iii) site information for zoning compliance and possible adverse site notations reviewed for adverse conditions, FEMA Flood Zone designation matched the Flood Certification, (iv) property type and property description information met applicable underwriting guidelines, (v) comparable sales (sale dates, distance, gross and net adjustments, square footage, and value) met industry standards and were properly bracketed, (vi) comparable size, style, and location were similar to the subject address, (vii) condition of the property was average or better and notable repairs were addressed, (viii) appraisal was made on an "as is" basis or proper evidence of completion was obtained and clearly documented and addressed all "subject to" conditions noted, (ix) subject and comparable photos reviewed to ensure appraisal description information coincides with property pictures and that no visible adverse issues are present that the appraiser did not address, (x) appraisal was completed by a licensed appraiser and (xi) appraisal was completed within the required timing requirements, as disclosed in the applicable underwriting guidelines.

A Fannie Mae Uniform Collateral Data Portal Submission Summary Report with a Collateral Underwriter Risk Score of 2.5 or less or a secondary enhanced desk review product, (such as an ARR from ProTeck or CDA from Clear Capital), from an approved AMC was required on all transactions. In lieu of an enhanced desk review product, a field review or second appraisal from an approved AMC is acceptable. If the Appraisal Review Product value is more than 10% below the appraised value, a second field review or appraisal was required. In certain cases, sellers may include an enhanced desk review product from an approved AMC. All ARR or CDA documentation provided by an approved AMC vendor was recorded by CRES, as an acceptable valuation support option as long as valuations were obtained in accordance with guidelines and through notable AMC vendors. Any loans that did not maintain an enhanced desk review or did not meet the Client's vendor requirements were conditioned and communicated with the Client.

For loans that did not maintain an acceptable enhanced desk review product, CRES ordered an Appraisal Risk Review (ARR) or Collateral Desktop Analysis (CDA) from various Appraisal Management Companies (AMC) for valuation support. All loans outside of a 10% variance from the original appraised value were identified and communicated to the Client.

If material origination valuation discrepancies could not be resolved an exception was created and the applicable NRSROs valuation grade was recorded.

**Compliance Review Methodology**

All loans in this pool are classified as "business purpose". In such cases compliance TILA and Regulation Z requirements were not tested, as the law's provisions do not apply to an extension of credit if primarily for business or a commercial purpose (12 C.F.R. §1026.3(a); 15 U.S.C. § 1603).

Compliance testing was limited to:

● A review of the Note and Mortgage for accuracy.

● Review of Occupancy and Business Purpose Certifications

Page 3 of 8

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

● State and Federal High Cost and Higher-Priced

● Cook County High-Cost Ordinance

Note that CRES determines the mortgage loan's status under the ATR or QM rule requirements and assigns a proper due diligence mortgage loan designation that is solely based on the documentation available at the time of the review. All the loans in this pool were classified as Not Covered/Exempt: Loans that are not covered by the rule.

*The table below contains the TRID eligible breakdown for the loan population:*

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | &nbsp;&nbsp;&nbsp;**Percentage of Population** |
| &nbsp;&nbsp;**Investment/Business Purpose Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Initial Application Date prior to October 3, 2015** | &nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**CRES Level II TRID Review** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;0.00% |

---

**Document Review**

CRES 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):

● Appraisal.

● Asset documentation.

● Business Purpose Certification (if applicable)

● Changed circumstance documentation.

● Credit report.

● FACTA disclosures.

● Final 1003.

● Final HUD-1/Closing Disclosure(s).

● Hazard and/or flood insurance policies.

● HUD from sale of previous residence.

● Homeownership counseling organizations disclosure.

● Income and employment documentation.

● Initial and final GFE's.

● Initial application (1003).

● Initial escrow disclosure.

● Initial TIL.

● Leases

● Loan Estimate(s).

● Market Rent supporting documentation

● Mortgage Insurance.

● Mortgage/Deed of Trust.

● Note.

● Notice of Special Flood Hazards.

● Sales contract.

● Tangible Net Benefit Disclosure.

● Title/Preliminary Title.

● Written List of Service Providers.

Page 4 of 8

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

&nbsp;&nbsp;&nbsp;&nbsp;(6) Tape
 Data Compare

CRES compared data fields on the data tape provided by the Client to the data points disclosed on the actual mortgage loan file documents, as captured by CRES. When data was available, the following data elements were compared:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;QM Type |
| &nbsp;&nbsp;Doc Level | &nbsp;&nbsp;Loan Term | &nbsp;&nbsp;P&I Payment |  |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;LTV | &nbsp;&nbsp;Property City |  |
| &nbsp;&nbsp;FICO | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property State | |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Note Type | &nbsp;&nbsp;Property Zip | |

---

The seller provided CRES with loan level data regarding the loan for the data integrity check. CRES received the data directly from the seller through a loan registrations system or via a data tape.

Of the 1 mortgage loan reviewed, no unique loan had a tape discrepancy across the 20 data fields. The following table discloses the number of data discrepancies noted by field name. Note, tape data was not provided on certain field compare values. The fields in which tape data was not available is noted below; however, a data discrepancy was not counted if the seller failed to provide a compare value.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Compare** | &nbsp;&nbsp;**Discrepancy: No** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Discrepancy: Yes** | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;**Appraised Value** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**CLTV** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Doc Level** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**DSCR** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**FICO** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**First Payment Date** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Interest Rate** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Loan Term** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**LTV** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Note Date\*** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Note Type** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**P&I Payment** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Property City** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Property State** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Property Zip** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**QM Type\*** | &nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;\* Tape data was not available. | &nbsp;&nbsp;\* Tape data was not available. | &nbsp;&nbsp;\* Tape data was not available. | &nbsp;&nbsp;\* Tape data was not available. |

---

Page 5 of 8

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

&nbsp;&nbsp;&nbsp;&nbsp;(7) Credit, Compliance and Property Valuation Results

**Credit Results Summary**

Approximately 100.00% of the loans by number have a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loan Count** | **Percentage** |
| A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| C | 0 | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

**Compliance Results Summary**

Approximately 100.00% of all loans by number have a Compliance grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loan Count** | **Percentage** |
| A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

**Property Valuation Results Summary**

Approximately 100.00% of the loans by number have a Valuation grade of "A.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loan Count** | **Percentage** |
| A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

**Overall Results Summary**

Approximately 100.00% of all loans by number received an overall grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loan Count** | **Percentage** |
| A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| C | 0 | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

Page 6 of 8

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

&nbsp;&nbsp;&nbsp;&nbsp;(8) Pool
 Stratification Summary

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Note Type** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**Arm** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| &nbsp;&nbsp;**Fixed** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**Owner Occupied** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| &nbsp;&nbsp;**Non-Owner Occupied** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| &nbsp;&nbsp;**Second Home** | 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**Purchase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| &nbsp;&nbsp;**Refi - Cash Out** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| &nbsp;&nbsp;**Rate Term Refi** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**Single Family** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 100.00% |
| &nbsp;&nbsp;**PUD** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 0.00% |
| &nbsp;&nbsp;**Condo** | 0 | 0.00% |
| &nbsp;&nbsp;**2-4 Family** | 0 | 0.00% |
| &nbsp;&nbsp;**Commercial** | 0 | 0.00% |
| &nbsp;&nbsp;**Townhome** | 0 | 0.00% |
| &nbsp;&nbsp;**Mixed Use** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**DSCR Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| **<0 or** | 0 | 0.00% |
| **0-0.199** | 0 | 0.00% |
| **0.2-0.399** | 0 | 0.00% |
| **0.4-0.599** | 0 | 0.00% |
| **0.6-0.799** | 0 | 0.00% |
| **0.8-.999** | 0 | 0.00% |
| **1-1.199** | 1 | 100.00% |
| **1.2-1.399** | 0 | 0.00% |
| **1.4-1.599** | 0 | 0.00% |

---

Page 7 of 8

---

| | | |
|:---|:---|:---|
| **1.6-1.799** | 0 | 0.00%<br>|
| **1.8-1.999** | 0 | 0.00% |
| **=>2** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | **1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Loan to Value** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**10%-19.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**20%-29.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**30%-39.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**40%-49.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**50%-59.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**60%-69.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**70%-79.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**80%-89.99%** | 1 | 100.00% |
| &nbsp;&nbsp;**90%-100%** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| **MO** | 1 | 100.00% |
| &nbsp;&nbsp;**Total** | **1** | **100.00%** |

---

Page 8 of 8

## Exhibit 99.28

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.28**

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** | **Rating Agency Exceptions Report: XXX** |
| **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Initial Overall Grades** | **Initial Overall Grades** | **Initial Overall Grades** | **Initial Overall Grades** | **Event Level** |
| **Loan Number** | **Loan Number 2** | **Property State** | **Purpose** | **Occupancy** | **Property Type** | **DTI** | **DSCR** | **FICO** | **LTV** | **Note Original Balance** | **Exception ID** | **Exception Type** | **Exception Description** | **Exception Note** | **Exception General Comment** | **Compensating Factors** | **Exception Status** | **KBRA** | **Fitch** | **Moody's** | **S&P** | **Grade** |
| 2025130525 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  | A |  |
| **1** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.29

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.29**

---

| | | |
|:---|:---|:---|
| **Rating Agency Grades: 11/3/2025** | **Rating Agency Grades: 11/3/2025** | **Rating Agency Grades: 11/3/2025** |
| **Loan Information** | **Loan Information** | **Loan Information** |
| **Loan Number** | **Alternate Loan ID** | **Note Original Balance** |
| 2025130525 | XXX | XXX A |

---

## Exhibit 99.30

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.30**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **TPR Loan Number** | **Tape** | **Audited** | **Field Compare** | **Variance** | **Data Discrepancy Flag** |
| No Discrepancy |  |  |  |  |  | None |

---

## Exhibit 99.31

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.31**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** |
| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO 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** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** |
| **Loan Number** | **Alt Loan Number** | **Origination Date** | **Original Loan Amount** | **LTV** | **Value Used For LTV** | **Sale Price** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Value** | **Variance Amount** | **Variance (%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **CU Score** | **Company** | **CU Date** |
| 2025130525 | XXX | XXX | XXX | XXX | Appraised Value |  | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital | XXX |  |  |  |  |  | 2.3 | XXX | XXX |

---

## Exhibit 99.32

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.32**

![](ex9932001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-13**

**<u>Description of the due diligence performed</u>**

**Overview of the assets that were reviewed**

Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions ("Incenter Diligence"), performed an independent third-party due diligence review of 16 loans acquired by Angel Oak Real Estate Investment Trust III (the "Client"). The review was performed from May 2025 through August 2025 using the scope of review described herein, which was agreed to at the time of review. The results of the review performed by Incenter Diligence only reflect information concerning the related loans on which such review was performed as of the date such review was performed based on the scope of review used as of the date such review was performed and not as of any subsequent date. Incenter Diligence has not subsequently performed any review with respect to the loans, and Incenter Diligence will not be required to complete or provide any additional, new, or refreshed review or results with respect to the loans.

**Sampling of assets**

Incenter Diligence follows the nationally recognized statistical rating organizations, NRSRO(s), criteria. For all originators, Incenter Diligence performed review on 100% of the loans. The loan population was 16 loans for an aggregate original principal balance of $14,678,250.00.

The review was conducted in accordance with the following NRSRO(s) Third Party Due Diligence Criteria:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 1, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, February 2, 2021 |

---

**Data integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report.

The data comparison consisted of the following data fields:

---

| |
|:---|
| &nbsp;&nbsp;**Data Compare Field Name** |
| &nbsp;&nbsp;ARM Interest Data |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &nbsp;&nbsp;Borrower 2 FTHB |
| &nbsp;&nbsp;Doc Type |

---

Page **1** of **18**

![](ex9932001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Original Loan Term |
| &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Originator DSCR |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;QM Designation |
| &nbsp;&nbsp;Qualifying Appraised Value |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total DTI |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subordinate Lien Amount |
| &nbsp;&nbsp;Underwriting Guideline Name |

---

**Underwriting Conformity (<u>Standard Residential Loans</u>)**

Incenter Diligence performed a complete review of all loan files, as supplied by the Client, to determine whether the loans were originated in accordance with the underwriting guidelines provided by the Client (which, for the avoidance of doubt, may be either the Client's or a third party's underwriting guidelines), eligibility requirements, Ability to Repay (ATR), Qualified Mortgage and Appendix Q requirements (where applicable), and applicable Policies & Procedures, noting any exceptions and compensating factors. The review included, where applicable, the following items:

**Conformance to Ability to Repay (ATR) standards** – Incenter Diligence reviewed each loan to validate that the underwriter correctly assessed the borrower's ability to repay based on employment and credit/repayment history,

Page **2** of **18**

![](ex9932001.jpg)

income and assets, projected monthly payment and current obligations, debt to income ratio, and other information provided to support ability to repay prior to originating the loan.

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate that the appropriate employment and income documentation, such as pay stubs, tax transcripts,
and bank statements, was provided and used to accurately qualify the borrower according to guidelines. Recalculate the borrower's
income and debt to determine the appropriate debt to income ratio in accordance with the guidelines. Validate borrower's
employment history and confirm that the appropriate income and assets were used to qualify. Make a reasonable assessment of whether
there are any indications that income documentation may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate that assets used to qualify the borrower match the documentation in the file and the information
used to calculate down payment, closing costs, and reserves meet program guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review exceptions, compensating factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review program guidelines against the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review the loan approval against all supporting documentation and loan application to verify accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the initial loan application against the final loan application or other loan applications
found in the file to validate the application was signed and properly completed and to expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm that credit report(s) and verification of mortgage or rental history, when required, have
been provided for all borrowers/guarantors, are consistent with loan approval, and meet guideline requirements. Verify whether
any fraud alerts are listed on the credit reports and make a reasonable assessment of whether the borrower's profile adheres
to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review the loan file for inconsistencies based on information derived from source documentation
provided in the loan file, for the purposes of identifying misrepresentations contained in the loan file, including with respect
to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review source documents for consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review the title report for possible judgments and other liens that may have existed upon origination;
verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify and validate the file contains sufficient property insurance coverage as required by guidelines;
confirm property insurance policy contains appropriate mortgagee clause. For subject properties located in a Special Flood Hazard
Area where flood insurance is required, verify and validate the file contains sufficient flood insurance coverage as required by
guidelines and that flood insurance policy contains appropriate mortgagee clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review property details on appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that Business Purpose Affidavit and Occupancy Affidavit, if applicable, were executed by
the borrowers/guarantors and confirm that document addresses are consistent with subject property address and do not match the
primary residence address.

Page **3** of **18**

![](ex9932001.jpg)

**Underwriting Conformity (<u>Business Purpose/DSCR</u>)**

For each loan, Incenter Diligence validated conformance to Client supplied and program requirements and noted any exceptions. Unless otherwise directed by the Client, no regulatory compliance review was performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate Conformance to Product Type and Eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Financing Terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Loan Product

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Seasoning

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Geographic Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. LTV/CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Transaction Types: Verify Conformance with Business Purpose Loan Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Business Purpose Affidavit – verify signed Borrower Statement of Business Purpose is present
in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Non-Owner Occupancy – verify Occupancy certification is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Validate that there is no information in the loan that contradicts occupancy type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review Debt Service Coverage Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review Cash Flow and Expense Factor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review Hazard/Flood Insurance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review preliminary Title Report/Commitment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Credit Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Validate documentation requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Verify acceptable Residency Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Review credit reports used to qualify borrower, as well as consumer credit history/charge offs/collections,
and cite any exceptions or unusual 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;a. Evaluate credit scores and tradelines against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Evaluate other debt obligations (alimony, child support, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. If required, verify that a 3rd party fraud report (DataVerify, etc.) is contained in the loan file
and review findings to confirm all deficiencies were resolved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Evaluate borrower's mortgage/rental payment history using credit reports or other information
supplied in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Verify that all judgements/liens/tax liens have been satisfied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Verify that any bankruptcy, foreclosure or forbearance activity is in accordance with guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Perform a review of all asset information supplied in the loan file against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Evaluate borrowers' asset utilization and verify sufficient liquid assets to supplement income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Perform a rental income analysis using the information supplied in the loan file as per the guidelines

**Property Valuation Review (Standard Residential and Business Purpose/DSCR Loans)**

Incenter Diligence reviewed all loans to validate the original appraisal report was provided in the loan file and that it is substantially complete. The evaluation will include the following components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review the original appraisal report to ensure the valuation was performed by a licensed appraiser
and in accordance with guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify subject property type meets applicable guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Note any exceptions to stated value or appraisal guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Verify value used to calculate LTV/CLTV and note any deviations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that the loan and property data within the appraisal report matches the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the appraisal report to ensure report value is "as is" or, if report is "subject
to", that there is an associated completion report resolving all noted issues, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Review additional valuation products in the file; if there is a variance greater than 10% below
the appraisal value, Client will be notified and an additional independent valuation product will be obtained as requested.

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**Regulatory Compliance Review (Standard Residential Loans Only, Unless Otherwise Requested)**

Incenter Diligence's Regulatory Compliance analysis is intended to expose certain potential risk associated with the loans examined. It is strictly limited to the review scope outlined below and is based solely on the accuracy of the documentation and data supplied by the Client or other agreed upon third parties. The review findings are not guaranteed to encompass all critical elements related to the underwriting, origination or regulatory compliance status of the loans examined. Further, the findings are not to be construed as guidance on future indicators of positive or negative performance.

Incenter Diligence will perform a review of all loans supplied by the Client to verify all documentation provided is complete and complies with all applicable federal and state regulatory requirements, in addition to following the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (now the Structured Finance Association or "SFA") (the "SFIG Compliance Review Scope"), as amended from time to time, and the advice of outside counsel. As it relates to TILA-RESPA Integrated Disclosures ("TRID") testing, Incenter Diligence works with outside counsel on an ongoing basis to understand and interpret compliance regulations based on recent guidance by the Consumer Financial Protection Bureau (the "CFPB") that has created deviations in the TRID review scope and related exceptions/cures. The TRID-related review scope, outlined below and not performed for investment properties, will continue to be amended where appropriate as future guidance and rules are published. Incenter Diligence's conclusions are representative of best efforts to identify material risks and exceptions associated with each loan based on interpretation of the continually evolving regulations. Incenter Diligence maintains an active dialogue with outside counsel, Clients, Rating Agencies, SFA and other parties when interpreting compliance regulations and amending the review scope to accurately expose the risk associated with a loan. However, no guaranties can be made that the Review includes all areas of risk that may be present in the Transaction. In addition to the foregoing, Incenter Diligence utilizes nationally recognized integrated compliance analyzer tools.

Incenter Diligence does not employ personnel who are licensed to practice law in the various jurisdictions and the findings set forth in the reports prepared by Incenter Diligence do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Incenter Diligence. All final decisions as to whether to purchase or enter into a transaction related to any individual loan or the loans in the aggregate and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such loan or loans, shall be made solely by the clients that have engaged Incenter Diligence to prepare their reports pursuant to their instructions and guidelines. Client acknowledges and agrees that the scoring models applied by Incenter Diligence are designed to identify potential risk and the Client assumes sole responsibility for determining the suitability of the information for its particular use.

Incenter Diligence reviews each loan to validate compliance with the following federal and state regulatory requirements, whenever applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **Truth In Lending Act - 12 CFR §1026 ("TILA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal TILA

&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. Finance Charge Test (12 CFR §1026.18(d)(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;i. It is understated by no more than $100; 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;ii. It is greater than the amount required to be 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;b. Rescission Finance Charge Test (12 CFR §1026.23(h)(2)(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;i. It is understated by no more than $35; 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;ii. It is greater than the amount required to be 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;c. Rescission Total of Payments Test ((12 CFR §1026.23(h)(2)(ii))

&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. Is understated by no more than $35; 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;ii. Is greater than the amount required to be 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;d. Foreclosure Rescission Finance Charge and Total of Payments Tests (12 CFR §1026.23(h))

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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;e. APR Test 12 CFR (§1026.22(a)(2), (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;i. The disclosed annual percentage rate (APR) is considered accurate because it is not more than 1/8
of 1 percentage (for regular transactions) or 1/4 of 1 percentage (for irregular transactions) point above or below the APR as
determined in accordance with the actuarial method; 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;ii. The disclosed APR results from the disclosed finance charge, and the disclosed finance charge is
considered accurate under §1026.18(d)(1) (the finance charge test), or for purposes of rescission the disclosed finance charge
is considered accurate under §1026.23(g) or (h) (the rescission finance charge test or the foreclosure rescission finance
charge test), whichever 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;f. Right of Rescission Test (12 CFR §1026.23(a)(3), §1026.15(a)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The funding date is not before the third business day following 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;ii. The consumer may exercise the right to rescind until midnight of the third business day following
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;iii. Validate Right of Rescission Notice was provided, and the correct form was 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;g. Dual Broker Compensation Test (12 CFR §1026.36(d)(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;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling, no loan originator shall receive compensation, directly or indirectly, from any other person other than
the consumer in connection with the transaction for loan origination activities

&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. Loan Originator Credits Test (12 C.F.R. §1026.36(d)(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;i. Test that the initial disclosure (GFE/TIL/LE) does not contain any broker fees paid by the broker

&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. Financing of Single Premium Credit Insurance Test (12 CFR §1026.36 (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;i. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in
connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's
principal dwelling)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TIL Disclosure (Pre-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;a. TIL Disclosure Date Test (12 CFR §1026.17(b),1026.19(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is a mortgage transaction subject to the Real Estate Settlement Procedures Act (12 U.S.C.
§2601 et seq.) that is secured by the consumer's dwelling; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The initial TIL disclosure date is not 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
receives the consumer's written application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The initial TIL disclosure date is not later than the seventh business day (counting all calendar
days except Sunday and specified legal public holidays) before consummation of the transaction, or the application date of the
loan is before July 30, 2009; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The loan is a "residential mortgage transaction" subject to the Real Estate Settlement
Procedures Act (12 U.S.C. §2601 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The initial TIL disclosure date is before consummation or three business days after the creditor
receives the consumer's written application, whichever is earlier; 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;vi. Test the final TIL disclosure and any re-disclosed TIL(s); 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;vii. The final TIL disclosure is properly executed; 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;viii. The final TIL disclosure and any re-disclosed TIL(s) is properly completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TILA RESPA Integrated Disclosures (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;a. Initial Loan Estimate Delivery Date Test (from application) (12 CFR §1026.19(e)(1)(iii)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The 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

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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;b. Initial Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(1)(iii)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i)
(provision of loan estimate form) not later than the seventh business day before consummation of the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan Estimate (12 CFR §1026.19 and 37)

&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. Verify applicable sections of the disclosure determined to carry assignee liability were 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;ii. Verify final Loan Estimate was provided to borrower prior to the Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Written List of Service Providers (SSPL) Disclosure Date Test (12 CFR §1026.19(e)(1)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the 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)

&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. Revised Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(4)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i)
on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive
a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation.
If the revised version of the disclosures required under §1026.19(e)(1)(i) is not provided to the consumer in person, the
consumer is considered to have received such version three business days after the creditor delivers or places such version in
the mail

&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. Valid Change of Circumstances Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The changed circumstance(s) form was provided and the reason for re-disclosure 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;&nbsp;&nbsp;&nbsp;&nbsp;a. Changed circumstance affecting settlement charges; 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. Changed circumstance affecting eligibility; 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;c. Revisions requested by the consumer; 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;d. Expiration of initial loan estimate; 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;e. Delayed settlement date on a construction loan for new construction transactions only; 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;f. The date the rate was set was not provided and interest rate dependent charges change once the
interest rate is locked; 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;g. The reason for re-disclosure is "Decrease in charges affecting settlement or eligibility,
a consumer-requested revision, or other non-tolerance-related re-disclosure;" 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;h. The initial loan estimate was not delivered timely

&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. Initial Closing Disclosure Delivery Date Test (12 CFR §1026.19(f)(1)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i)
no later than three business days before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Closing Disclosure Test (12 CFR §1026.19 and 38)

&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. Verify applicable sections of the disclosure determined to carry assignee liability were 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;i. Revised Closing Disclosure Delivery Date Test (waiting period vs. no waiting period required) (12
CFR §1026.19(f)(2)(i) & (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation,
the creditor shall provide corrected disclosures reflecting any changed

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terms to the consumer so that the consumer receives the corrected disclosures at or before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the consumer determines that the extension of credit is needed to meet a bona fide personal
financial emergency, the consumer may modify or waive the three-business-day waiting period for the revised closing disclosure
after receiving the 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;j. TRID Tolerance Testing - Charges That Cannot Increase Test (12 CFR §1026.19(e)(3)(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;i. 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. TRID Tolerance Testing - Charges That in Total Cannot Increase More Than 10% Test (12 CFR §1026.19(e)(3)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. TRID Tolerance Testing - Lender Credits That Cannot Decrease Test (12 CFR §1026.19(e)(3)(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;i. 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. TRID Reimbursement Amount Test (12 CFR §1026.19(f)(2)(v))

&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. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days 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;n. TRID Reimbursement Date Test (12 CFR §1026.19(f)(2)(v))

&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. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days 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;o. Disclosure of Escrow Account (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the loan indicates an escrow account will be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); §1026.37(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;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4),(5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 amounts disclosed in Section G – Initial Escrow Payment and Closing are accurate
(§1026.37(g)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the loan indicates an escrow account will not be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); (§1026.37(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;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4), (5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Disclosure of Seller Paid Closing Costs (§1026.38(t)(5)(v)(B))

&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. In transactions involving a seller, validate whether the lender disclosed all costs being paid
by the seller on the borrowers Closing Disclosure

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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;ii. If seller paid fees are present on the borrower's Closing Disclosure, review the seller's
Closing Disclosure or alternative documentation for accuracy 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;q. Post-consummation Event and Revised Closing Disclosure Delivery Date Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The post-consummation revised closing disclosure delivery date is not more than 60 calendar days
after the consummation date, or closing / settlement date if no consummation date was provided; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The provided reimbursement date is not more than 60 calendar days after the consummation date,
or closing / settlement date if no consummation date 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;r. Non-numeric Clerical Error and Post-consummation Revised Closing Disclosure Delivery Date Test
(12 CFR §1026.19(f)(2)(iv))

&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 creditor does not violate §1026.19(f)(1)(i) if the disclosures provided under §1026.19(f)(1)(i)
contain non-numeric clerical errors, provided the creditor delivers or places in the mail corrected disclosures no later than 60
days 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;s. Loan Calculation Test on the Closing Disclosure (12 CFR §1026.38))

&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. 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;ii. Amount 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;iii. Total of 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;iv. Total Interest Percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Qualified Mortgage / Ability To Repay – Dodd Frank

&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. Classification of QM designated 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;i. Validate 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

&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. Determination of conformity thresholds (Safe Harbor or Rebuttable Presumption)

&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. Negative Amortization Loan (12 CFR 1026.43(e)(2)(i)(A))

&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. Verify that a qualified mortgage is a covered transaction that provides for regular periodic payments
that are substantially equal and any interest rate change after consummation, along with the corresponding payment, does not result
in an increase of the principal balance

&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. Interest Only Loan (12 CFR 1026.43(e)(2)(i)(B))

&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. Verify that no qualified mortgage loan allows the consumer to defer repayment of principal

&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. Balloon Payment Loan (12 CFR 1026.43(e)(2)(i)(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;i. Verify that no qualified mortgage results in a ballon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Loan Term (12 CFR 1026.43(e)(2)(iii))

&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 qualified mortgage is a covered transaction for which the loan term does not exceed 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;f. Points and Fees (12 CFR §1026.43(e)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees do not exceed the qualified mortgage points and fees threshold

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DTI (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The ratio of the consumer's total monthly debt to total monthly income at the time of consummation
does not exceed 43 percent, calculated in accordance with Appendix Q

&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. For Fannie Mae and Freddie Mac, however, the revised QM rules become mandatory on July 1, 2021,
meaning that the QM Patch effectively terminates on July 1, 2021—and that all loans sold to Fannie and Freddie must comply
with the revised QM rules, effective July 1, 2021.

&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. For creditors not selling loans to Fannie Mae and/or Freddie Mac, loans underwritten from March 1, 2021 until October 1, 2022
will continue to apply the legacy QM rules; however, commencing July 1, 2021, legacy QM loans must be underwritten to Appendix
Q and NOT to the QM Patch.

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<br> Stated another way, since the FHFA terminated the QM Patch, loans underwritten to the QM Patch after July 1 are no longer eligible for sale to the GSEs, and in effect, the QM Patch disappeared after that date, notwithstanding the CFPB's intent for it to continue until October 1, 2022. Hence, for non-agency loans, underwritten between July 1, 2021 and October 1, 2022, legacy QM loans must be underwritten in accordance with Appendix Q.

&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. Client is required to advise regarding which application of QM/DTI or QM/APR rule for loans with
application dates between 03/01/2021 and 10/01/2022 for the proper evaluation of QM.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Loans underwritten after 10/1/2022 will be reviewed following the revised QM (QM 2.0) 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;h. APR (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan APR is not to exceed the APOR plus percentage threshold, calculated according to 12 CFR
§1026.43(e)(2)(vi). With a QM/APR optional test period for loans with application dates between 03/01/2021 and 10/01/2022
and mandatory compliance and testing for loans after 10/01/2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The APR on the loan does not exceed the threshold for the 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For a first-lien loan with a loan amount greater than or equal to $110,260 (indexed for inflation),
2.25 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For a first-lien loan with a loan amount greater than or equal to $66,156 (indexed for inflation),
but less than $110,260 (indexed for inflation), 3.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For a first lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or more
percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For a subordinate-lien loan with a loan amount great than or equal to $66,156 (indexed for inflation),
3.5 or more percentage points; 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;f. For a subordinate-lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or
more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Revised QM (QM 2.0)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. QM/DTI test will cease as of application dates on or after 10/01/2022

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In addition to the Generally Applicable Factors above, all Revised QM loans must meet 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;&nbsp;&nbsp;&nbsp;&nbsp;c. Monthly Payment. The amount of the monthly payment on the loan is calculated using the maximum
rate that may apply during the first five years and considers the monthly payment for simultaneous loans and mortgage obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Consider and Verify. The creditor considers and verifies the consumer's current or expected
income and assets and debt and his DTI or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. As part of the "consider" requirement, Incenter Diligence will review the (i) creditor's
policies and procedures provided by Client, as well as any exceptions thereto, for how the creditor takes into account the underwriting
factors enumerated above, and (ii) the documentation retained by creditor, such as an underwriting worksheet or a final automated
underwriting system certification, showing how the creditor took these factors into account in its ability-to-repay determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Consider and Verify Safe Harbor (VSH). Creditor is deemed to have complied with this "verify"
requirement if it complies with the verification standards in one or more of these following agency manuals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020
including all subsequent updates; Sections 5102 through

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5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published June 10, 2020 including all subsequent updates;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single
Family Housing Program, revised March 15, 2019 including all subsequent updates; 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;k. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single-Family
Guaranteed Loan Program, revised March 19, 2020 including all subsequent updates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For purposes of compliance with VSH, a creditor must comply with only those provisions in the manuals
that require creditors to verify income, assets, debt obligations, alimony and child support using specified documents or to classify
and count particular inflows, property, and obligations as income, assets, debt obligations, alimony, and child support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised versions of manuals. A creditor also complies with the verification safe harbor where it
complies with revised versions of the manuals listed above provided that the two versions are "substantially similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The QM 2.0 Rule permits the creditor to "mix and match" verification standards from
different agency manuals. Incenter Diligence will test the creditor's "verification" of third- party records
in instances when the creditor either uses (i) its own procedures or alternatively, (ii) the verification standards of one or more
of the agency handbooks listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note: the Client must provide written policies and procedures and related documentation such as
underwriter worksheets in order for Incenter Diligence to review loans under the QM 2.0 Rules, and in particular, with regard to
the "consider" and "verify" requirements. Further, if the Client intends to use the VSH, its written policies
and procedures must specify the precise agency handbook(s) that it is relying on with specific references to the particular provisions
addressing income, assets, debt obligations, alimony and child support using specified documents or to classify and count particular
inflows, property, and obligations as income, assets, debt obligations, alimony, and child support—as well as the specific
date(s) of the agency handbook(s) issuance, publication or revision. In addition, Incenter Diligence is not responsible for determining
whether revised versions of the manuals listed above are "substantially similar" for purposes of the VSH; such a determination
of the sole responsibility of 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note: due to the inherent subjectivity of the foregoing "consider" and "verify"
requirements, Incenter Diligence will review the Client's: (i) policies and procedures and worksheets and (ii) methods and
criteria for verification of income and assets (regardless of whether the "safe harbor" is utilized) for content only,
and will not opine whether such policies and procedures, worksheets and verification methods and criteria themselves comply with
applicable law, and cannot guarantee that a court, governmental regulator, rating agency or another third party diligence provider
would reach the same conclusions using such work product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment Penalty (12 CFR 1026.43(g))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 covered transaction must not include a prepayment penalty unless:

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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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The prepayment penalty is otherwise permitted by law; and the transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Has an annual percentage rate that cannot increase 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Is a qualified mortgage under paragraph (e)(2), (e)(4), or (f) of this section; 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;&nbsp;&nbsp;&nbsp;&nbsp;iv. Is not a Higher Priced Mortgage Loan, as defined in § 1026.35(a)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Home Ownership and Equity Protection Act – HOEPA (Sections 32)

&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. Federal HOEPA coverage (12 CFR §1026.32(a)(1)(i), (ii))

&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. Tests that the loan is/is not secured by the consumer's principal dwelling; 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;ii. Tests that the loan is/ is not an open-end credit plan; 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;iii. That the application date of the loan occurs before/after the effective date of October 1, 1995;
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;iv. That the date the creditor received application occurs on or after January 10, 2014, the effective
date of the High-Cost Mortgage amendments

&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. High-Cost Mortgage APR threshold test (12 CFR §1026.32(a)(1)(i)(A), (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;i. The loan is secured by a first-lien transaction, and the annual percentage rate (APR) does not
exceed the Average Prime Offer Rate by more than 6.5%; 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;ii. The loan is a subordinate-lien transaction, and the annual percentage rate (APR), does not exceed
the Average Prime Offer Rate by more than 8.5%

&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. High-Cost Mortgage Points and Fees Threshold Test (12 CFR §1026.32(a)(1)(ii)(A), (B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The total points and fees do not exceed allowable limits per the given 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;d. High-Cost Mortgage Prepayment Penalty Threshold Test (12 CFR §1026.32(a)(1)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan contract or open-end credit agreement does not allow the creditor to 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;a. A prepayment penalty more than 36 months after consummation or account opening; 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. Prepayment penalties that can exceed, in total, more than 2 percent of the amount prepaid

&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. High-Cost Mortgage (12 CFR §1026.32(a)(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;f. High-Cost Mortgage Repayment Ability Test (12 CFR §1026.34(a)(4), 1026.43)

&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. Other high-costs tests pursuant to (12 CFR §1026.32(a)(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;i. Timing of disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Negative amortization

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. 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;v. Pre-loan counseling

&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. Late 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;vii. Grace 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;viii. Financing of points and fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Higher Priced Mortgage Loan – HMPL (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Higher Priced Mortgage Loan tests (12 CFR §1026.35(a))

&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. Higher Priced Mortgage Loan required escrow account test (12 CFR §1026.35(b))

&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. Higher Priced Mortgage Loan required appraisal test (12 CFR §1026.35(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Prohibited Acts – Brokers Comp

&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. Broker Compensation Test (12 CFR §1026.36(d)(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;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. No loan originator shall receive compensation, directly or indirectly, from any person other than
the consumer in connection with the transaction; and

Page **12** of **18**

![](ex9932001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No person who knows or has reason to know of the consumer-paid compensation to the loan originator
(other than the consumer) shall pay any compensation to a loan originator, directly or indirectly, in connection with the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Nationwide Mortgage Licensing System (NMLS) Tests (12 CFR §1026.36)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. verify the data against the NMLSR database, as available

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Real Estate Settlement Procedures Act – 12 CFR §1024 ("RESPA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal RESPA

&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. Homeownership Counseling Organizations Disclosure Date Test (12 CFR §1024.20(a))

&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. Not later than three business days after a lender, mortgage broker, or dealer receives an application,
or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written
list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's 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;ii. The list of homeownership counseling organizations distributed to each loan applicant under this
section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Good Faith Estimate Disclosure Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Not later than 3 business days after a loan originator (broker or lender) receives an application
for a federally related mortgage loan, or information sufficient to complete an application, the loan originator must provide the
applicant with a 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good Faith Estimate Disallowed Credit and Charge test (GFE Block 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks for any amounts entered for both a loan discount fee and a yield spread premium or a lender
credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only one charge or one credit affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA Valuation Rule (12 CFR §1002.14(a)(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;a. Review all applicable loans for the Disclosure of Right to Receive a Copy of Appraisals. Validate
if the customer(s) waived their right to receive copies of their appraisals three business days prior to consummation/account opening

&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. Review all applicable loans for proof that lender delivered copies of appraisals and other written
valuations three business days before consummation (closed-end), or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If the customer(s) waived their right to receive copies of their appraisals three business days
prior to consummation/account opening, review the Post-Closing submission for an Acknowledgment of Receipt of Appraisal Report,
or other proof that the lender provided the copies either at, or prior to, consummation or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher Priced Mortgage Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas Home Equity Loans

Page **13** of **18**

![](ex9932001.jpg)

**Document Review**

Incenter Diligence reviewed all mortgage loan files supplied and verified that the following documents, if applicable, were included in the file and that the data on the documents was consistent:

● Initial Application (1003)

● Final Application (1003)

● Loan Approval (1008)

● HUD1 from Sale of Previous Residence

● Loan Estimates and Closing Disclosures

● Sales Contract

● Mortgage/Deed of Trust

● Note

● Guaranty Agreement

● Occupancy Affidavit

● Lease Agreements

● Business Purpose Affidavit

● Junior Lien Information

● Subordination Agreement

● Income Documentation

● Employment Documentation

● Asset Documentation

● Credit Reports

● 4506T/Tax Documentation

● Change of Circumstance Documentation

● Disclosures: Right of Rescission, Net Tangible Benefit and FACTA

● Appraisal Valuation Reports

● Title/Preliminary Title

● Flood and Hazard Insurance Policies

● Flood Certificates

**Other review and methodology** 

Not applicable.

Page **14** of **18**

![](ex9932001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**16** | &nbsp;&nbsp;**100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**16** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;16 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**16** | &nbsp;&nbsp;**100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;16 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**16** | &nbsp;&nbsp;**100.00%** |

---

Page **15** of **18**

![](ex9932001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception <br> Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp; **Credit** <br> **Grade A**  | &nbsp;&nbsp; **Credit** <br> **Grade B**  | &nbsp;&nbsp; **Credit** <br> **Grade C**  | &nbsp;&nbsp; **Credit** <br> **Grade D \***  |
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Borrower | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Debt | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Eligibility | &nbsp;&nbsp;4 | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;6 | &nbsp;&nbsp;5 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Title | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**17** | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception <br> Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp;**Compliance <br> Grade A** | &nbsp;&nbsp;**Compliance <br> Grade B** | &nbsp;&nbsp;**Compliance<br> Grade C** | &nbsp;&nbsp;**Compliance <br> Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;6 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Points & Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Right to Rescind | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;State Reg | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;TRID | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **18**

![](ex9932001.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception <br> Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp;**Property Grade <br> A** | &nbsp;&nbsp;**Property Grade <br> B** | &nbsp;&nbsp;**Property Grade <br> C** | &nbsp;&nbsp;**Property <br> Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

**Data Integrity Summary** 

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Field Name** | &nbsp;&nbsp;**# of Discrepancies** | &nbsp;&nbsp;**% of Accuracy** |
| &nbsp;&nbsp;ARM Interest Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;2 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Borrower 2 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;10 | &nbsp;&nbsp;37.50% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |

---

Page **17** of **18**

![](ex9932001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;3 | &nbsp;&nbsp;81.25% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;2 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Designation | &nbsp;&nbsp;6 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Qualifying Appraised Value | &nbsp;&nbsp;9 | &nbsp;&nbsp;43.75% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Qualifying Total DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subordinate Lien Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Underwriting Guideline Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**91.22%** |

---

Page **18** of **18**

## Exhibit 99.33

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Exception Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Overall Initial Loan Grade** | **Overall Final Loan Grade** | **Credit Initial Loan Grade** | **Credit Current/Final Loan Grade** | **Compliance Initial Loan Grade** | **Compliance Current/Final Loan Grade** | **Property Initial Loan Grade** | **Property Current/Final Loan Grade** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Initial Finding Grade** | **Current/Final Finding Grade** | **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?** |
| XXX | 2025130274 |  | XXX | C | B | C | B | A | A | A | A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset General | Waived-Upon additional review, Client elects to grant exception with Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received duplicate investor approval previously provided. Still missing fully executed internal Lender exception waiver form, signed by approving party- must include Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received investor approval, however missing fully executed Lender exception waiver form, signed by approving party- must include Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received Lender XXX, however insufficient as guidelines require a copy of the Full Trust for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Assets with XXX XXX and XXX are in the name of XXX. Missing full copy of Trust agreement. Trust certification provided is not sufficient to meet guideline requirement. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Waived-Upon additional review, Client elects to grant exception with Comp Factors. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX | 1) XXX FICO is greater than XXX minimum | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes |
| XXX | 2025130244 |  | XXX | D | A | C | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received Borrower Authorization. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Credit report dated XXX pulled by XXX is dated prior to the application date XXX. Missing documentation to support borrower's authorization for credit pulled on XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Borrower Authorization. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130244 |  | XXX | D | A | C | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Missing updated Fraud Report with all High Risk Items cleared. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received cleared fraud report. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130277 |  | XXX | D | A | A | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received borrower authorization. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130277 |  | XXX | D | A | A | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | A | A | Servicing | Additional Information | Final Closing Disclosure is missing | Resolved-Received XXX reflecting gift funds receipt/deposit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Post Closing CD reflecting the following gift funds that were wired directly to XXX. ($XXX) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX reflecting gift funds receipt/deposit. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130398 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX for property located at XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX for XXX (XXX). Subject to re-calculation of debt ratio upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX for property located at XXX, Prosper XXX, XXX. - Due Diligence Vendor-XXX | Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $XXX.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months.<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130242 |  | XXX | D | A | A | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Lender has confirmed there is no Prepayment Penalty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Deed of Trust is Incomplete Deed of Trust in file Dated XXX does not reflect the incorporation of a XXX, however, Note in file Issued XXX reflects there is a XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender has confirmed there is no Prepayment Penalty. - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130242 |  | XXX | D | A | A | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Note is Incomplete | Resolved-Lender has confirmed there is no Prepayment Penalty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Note is Incomplete Note in file Dated XXX reflects "The Borrower shall be subject to the Prepayment terms set forth in the XXX, attached hereto and made a part hereof," however, there is no XXX attached. Subject to re-calculation of qualifying Note terms upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender has confirmed there is no Prepayment Penalty. - Due Diligence Vendor-XXX |  |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130251 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Lender XXX addressing high alert item on fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received Lender email correspondence, however insufficient to clear condition as it does not address the high alert for undisclosed ownership for property located at XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the high impact item regarding undisclosed owner ship for property located at XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Lender XXX addressing high alert item on fraud report. - Due Diligence Vendor-XXX | DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is XXX<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130251 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | XXX | Property Title Issue | Resolved-Received supporting documentation of tax calculation - DSCR remains unchanged. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Property XXX Issue Missing updated tax cert or estimation of taxes for subject property without the currently reflected homestead exemption. Subject to re-calculation of DSCR upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation of tax calculation - DSCR remains unchanged. - Due Diligence Vendor-XXX | DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is XXX<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130490 |  | XXX | D | A | C | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received business license reflecting XXX year history. - Due Diligence Vendor-XXX<br> Counter-Received duplicate documentation already included in loan file. Contractor's license provided is not the same as the LLC business filing. LLC business filing is Terminated. Unable to determine if borrower retained LLC business or is not reinstating it. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see attached verification- refer to note section. Our QC team called the City of XXX tax registration office and verified business is active. - Seller-XXX<br> Counter-Received documentation already included in loan file which is insufficient to clear condition as unable to determine if business is still active. Secretary of State documentation provided for XXX show terminated as of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Business License received, however business license alone is insufficient to clear condition as unable to determine if business is still active. Secretary of State documentation provided for XXX show terminated as of XXX. Borrower XXX states due to contractor's license, however also states no restructuring or change in business ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. see attached- business incepted XXX - Seller-XXX<br> Open-Missing documentation to support status of Borrower's business XXX XXX is active and in good stadning for XXX continuous years. Secretary of State documentation provided for XXX show terminted as of XXX. Borrower XXX states due to contractor's license, however also states no restructuring or change in business ownership. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. please see attached verification- refer to note section. Our QC team called the City of XXX tax registration office and verified business is active. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. see attached- business incepted XXX - Seller-XXX | Resolved-Received business license reflecting XXX year history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130490 |  | XXX | D | A | C | A | A | A | D | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Property | Missing Doc | 3rd Party Valuation Product is Required and Missing | Resolved-Guideline clarification received - XXX not required as CU score is less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing copy of XXX. Guidelines require XXX full appraisal and XXX for loan amounts <= $XXX; Appraisal and CU with score of XXX were provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Guideline clarification received - CDA not required as CU score is less than XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130492 |  | XXX | D | B | D | B | A | A | C | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | XXX | Property XXX Issue | Resolved-Received updated XXX reflecting removal of items #XXX & #XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Property Title Issue Missing documentation to support title item #XXX and #XXX (unsecured property tax liens) are satisfied/released per XXX report dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received updated title reflecting removal of items #XXX & #XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130492 |  | XXX | D | B | D | B | A | A | C | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 XXX Transcripts Missing | Resolved-Received tax transcripts and Form XXX for XXX tax year. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and XXX XXX tax transcripts and proof of the XXX extension are attached. - Seller-XXX<br> Open-Borrower 1 XXX Transcripts Missing Missing XXX tax transcripts for year XXX and XXX and proof XXX not filed (on extension) per guidelines. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX and XXX XXX tax transcripts and proof of the XXX extension are attached. - Seller-XXX | Resolved-Received tax transcripts and Form XXX for XXX tax year. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130492 |  | XXX | D | B | D | B | A | A | C | A | Closed | XXX | XXX | XXX | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 Lease Agreements Missing Both rental properties acquired or put into use in year XXX. Tax returns for year XXX provided. Missing copy of unexpired executed leases and XXX months proof of rent for the following properties: (1) XXX stone XXX; (2) XXX Singleton as required by guidelines. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% | 1) XXX% LTV is XXX% less than maximum LTV per guidelines XXX% | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes |
| XXX | 2025130492 |  | XXX | D | B | D | B | A | A | C | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received Power Purchase Agreement - No payments required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per XXX Underwriter: it is a solar power purchase agreement, so there is no monthly payment (refer to page XXX of XXX).<br>- Seller-XXX<br> Open-Property utilized leased XXX. XXX transfer agreement provided. Missing evidence of type of solar lease and if monthly payments are required. Subject to recalculation of debt ratio upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Per XXX: it is a solar power purchase agreement, so there is no monthly payment (refer to page XXX of XXX).<br>- Seller-XXX | Resolved-Received Power Purchase Agreement - No payments required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130492 |  | XXX | D | B | D | B | A | A | C | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | XXX | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting loan amount coverage and Mortgagee. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing insured lender name and loan amount on XXX report dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received title supplement reflecting loan amount coverage and Mortgagee. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130119 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | XXX | Vested Owner Signature Does Not Meet Requirements | Resolved-Received Certificate of Good Standing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Vested Owner Signature Does Not Meet Requirements XXX borrower is closing in the name of XXX. Missing: Certificate of Good Standing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Certificate of Good Standing. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is XXX.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130441 |  | XXX | D | B | C | B | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Quit Claim Deed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Grant/Warranty/Quit Claim Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Quit Claim Deed. - Due Diligence Vendor-XXX | Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130441 |  | XXX | D | B | C | B | D | A | A | A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing Copy of signed/approved Lender Exception Approval for Borrowers living rent free at their primary residence may be eligible but only if they live with a non-borrowing spouse for a Cash-Out Refinance. The borrower was added to the property title on XXX via a quitclaim deed from his parent, who is the mortgage holder for the current existing loan. <br> Compensating Factors: <br> DTI XXX% - XXX%< XXX% Maximum DTI<br> FICO Score XXX - XXX points > Minimum FICO XXX<br> Months Reserves XXX - XXX months > XXX months required <br>- Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX | Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months | 1) XXX FICO is greater than XXX minimum<br> 2) XXX months Reserves are greater than XXX month minimum<br> 3) XXX% DTI is less than XXX% maximum | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes |
| XXX | 2025130326 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Lender LOX received - Final CD does not reflect HOA Dues. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received XXX accounts are XXX. Still missing evidence of HOA due for XXX XXX & XXX XXX (if applicable.) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing the CD's for the following properties as they just closed due to a refinance and/or purchase to verify if the taxes & insurance, are XXX and of they have HOA dues located at XXX XXX, XXX, XXX, XXX, XXX, XXX, XXX, XXX, and XXX, XXX, XXX XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender XXX received - Final CD does not reflect XXX Dues. - Due Diligence Vendor-XXX | Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130326 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX credit report reflecting no new debt or inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Undisclosed debt monitoring provided dated XXX which exceeds the required XXX days from closing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX credit report reflecting no new debt or inquiries. - Due Diligence Vendor-XXX | Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130326 |  | XXX | D | A | D | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Credit Report Supplement | Resolved-Received Final CD's reflecting payoffs of XXX accounts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CDs attached as proof XXX and XXX were paid at closing - Seller-XXX<br> Open-Missing credit report supplement to evidence the XXX XXX accts XXX & XXX are paid in full with a $XXX balance/payment as they were recently refinanced with XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Final CDs attached as proof XXX and XXX were paid at closing - Seller-XXX | Resolved-Received Final CD's reflecting payoffs of XXX accounts. - Due Diligence Vendor-XXX | Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdff | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130213 |  | XXX | D | A | D | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-Borrower LOX received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Overdraft protection is considered an overdraft. Missing Letter of Explanation for the XXX overdraft protection on XXX XXX ending #XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Borrower LOX received. - Due Diligence Vendor-XXX | Residual Income greater than minimum required - $$XXX residual income is greater than minimum residual income required per guidelines $XXX.<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130213 |  | XXX | D | A | D | A | D | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Mortgage inclusive of Exhibit "A" Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Deed of Trust is Incomplete Mortgage is missing the legal description. Mortgage in file reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS EXHIBIT "A"." on Page XXX, however, legal description is blank. Need full copy of Mortgage inclusive of legal description. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Mortgage inclusive of Exhibit "A" Legal Description. - Due Diligence Vendor-XXX | Residual Income greater than minimum required - $$XXX residual income is greater than minimum residual income required per guidelines $XXX.<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of XXX%.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2025130188 |  | XXX | C | B | C | B | A | A | A | A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender XXX received, however insufficient to clear condition as the loan was reviewed to XXX DSCR guidelines dated XXX. Original condition remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Audited Loan Amount of $XXX is less than the Guideline Minimum Loan Amount of $XXX Loan amount is $XXX and minimum guideline laon amount is $XXX. No exception approval is located in the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% | 1) XXX FICO is greater than XXX minimum<br> 2) XXX% LTV is less than XXX% maximum | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes |

---

## Exhibit 99.34

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.34**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Rating Agency Grades |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** |
| XXX | 2025130274 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXX | 2025130244 |  | XXX | XXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130277 |  | XXX | XXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130454 |  | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130398 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130242 |  | XXX | XXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130251 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130125 |  | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130490 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130492 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | C | C | C | C | C | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXX | 2025130119 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130441 |  | XXX | XXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXX | 2025130326 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130213 |  | XXX | XXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130140 |  | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2025130188 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |

---

## Exhibit 99.35

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.35**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Valuation Summary |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXX | 2025130274 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 |  |
| XXX | 2025130244 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| XXX | 2025130277 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| XXX | 2025130454 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 | XXX |
| XXX | 2025130398 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 4.1 | XXX |
| XXX | 2025130242 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| XXX | 2025130251 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| XXX | 2025130125 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 | XXX |
| XXX | 2025130490 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| XXX | 2025130492 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXX |
| XXX | 2025130119 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.2 | XXX |
| XXX | 2025130441 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 | XXX |
| XXX | 2025130326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| XXX | 2025130213 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| XXX | 2025130140 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2025130188 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |

---

## Exhibit 99.36

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.36**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Final Tape Compare |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 2025130274 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130244 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130244 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130244 |  | XXX | XXX | Initial Monthly P&I Or XXX | notePage | XXX | XXX |
| XXX | 2025130244 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors |
| XXX | 2025130277 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130454 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130454 |  | XXX | XXX | Prepayment Penalty Calculation | notePage | XXX | XXX |
| XXX | 2025130398 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130398 |  | XXX | XXX | Borrower 1 FTHB | the1003Page | XXX | XXX |
| XXX | 2025130398 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130398 |  | XXX | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX |
| XXX | 2025130242 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130242 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors |
| XXX | 2025130242 |  | XXX | XXX | Underwriting Guideline Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |
| XXX | 2025130251 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130251 |  | XXX | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX |
| XXX | 2025130251 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130251 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130251 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors |
| XXX | 2025130125 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130125 |  | XXX | XXX | Underwriting Guideline Product Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |
| XXX | 2025130125 |  | XXX | XXX | Underwriting Guideline Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |
| XXX | 2025130490 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130490 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130490 |  | XXX | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Initial Monthly P&I Or XXX | notePage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Occupancy | the1003Page | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Amortization Term | notePage | XXX | Provisionally Eligible |
| XXX | 2025130492 |  | XXX | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130492 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | XXX |
| XXX | 2025130492 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |
| XXX | 2025130119 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130119 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130119 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors |
| XXX | 2025130441 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130441 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130326 |  | XXX | XXX | Property Zip Code | notePage | XXX | XXX |
| XXX | 2025130326 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130326 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130326 |  | XXX | XXX | Prepayment Penalty Calculation | notePage | XXX | No Prepayment Penalty |
| XXX | 2025130326 |  | XXX | XXX | Verified Doc Type | employmentIncomePage | XXX | Full Doc |
| XXX | 2025130213 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130213 |  | XXX | XXX | Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130213 |  | XXX | XXX | Borrower 1 FTHB | the1003Page | XXX | No |
| XXX | 2025130188 |  | XXX | XXX | Loan Type | the1003Page | XXX | XXX |
| XXX | 2025130188 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2025130188 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX |
| XXX | 2025130188 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX |
| XXX | 2025130188 |  | XXX | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX |
| XXX | 2025130188 |  | XXX | XXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors |
| XXX | 2025130188 |  | XXX | XXX | Underwriting Guideline Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |

---

## Exhibit 99.37

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.37**

![](ex9937001.jpg)

![](ex9937002.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2025-13**

**December 3, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

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![](ex9937001.jpg)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 9.0 |
| Tape Integrity Review Results Summary | 10.0 |
| Additional Loan Population Summary | 10.0 |

---

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![](ex9937001.jpg)

**INFINITY BIOGRAPHY**

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

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

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

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![](ex9937001.jpg)

**DESCRIPTION OF THE DUE DILIGENCE PERFORMED**

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

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Angel Oak Real Estate Investment Trust III ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of twenty-three (23) mortgage loans that were originally reviewed from June 2025 to August 2025.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;■ "Compliance Review" 0 <sup>1</sup> Mortgage Loan

&nbsp;&nbsp;&nbsp;&nbsp;■ "Credit Review" 23 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;■ "Property Review" 23 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;■ "Data Integrity" 23 Mortgage Loans

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

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

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

For twenty-three (23) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

---

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

---

<sup>1</sup> Twenty-two (22) exempt loans were not subject to a compliance review and did not receive a compliance grade. One (1) loan was not subject to a compliance review but are graded A for compliance as it was confirmed to be exempt investor loans with no consumer purpose.

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

![](ex9937001.jpg)

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

Infinity conducted a credit review for twenty-three (23) mortgage loans. At that time, Infinity reviewed the asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Infinity and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

There were 2 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

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

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

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

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

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Infinity. During the course of this review, Infinity (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the debt-to-income ("DTI") calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched

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![](ex9937001.jpg)

and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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

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

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

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

**Title Review:** Infinity's review included a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

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

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![](ex9937001.jpg)

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for twenty-three (23) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

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

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for twenty-three (23) mortgage loans. For these twenty-three (23) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

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![](ex9937001.jpg)

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

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

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

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

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

A compliance review was not performed because the loans are exempt.

Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to

7 \| P a g e

![](ex9937001.jpg)

the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

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

8 \| P a g e

![](ex9937001.jpg)

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**OVERALL RESULTS SUMMARY (23 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers twenty-three (23) mortgage loans. Within those mortgage loans, Infinity graded twenty-two (22) mortgage loans as "A" and one (1) mortgage loan as "B".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;23 | &nbsp;&nbsp;22 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.65% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.65% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.35% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.35% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;23 | &nbsp;&nbsp;22 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.65% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.65% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.35% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.35% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

9 \| P a g e

![](ex9937001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (23 MORTGAGE LOANS)**

Of the twenty-three (23) mortgage loans reviewed, 5 (21.74%) mortgage loans had tape discrepancies across two (2) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Original Note Doc Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;23 | &nbsp;&nbsp;8.70% |
| &nbsp;&nbsp;Representative Score | &nbsp;&nbsp;3 | &nbsp;&nbsp;23 | &nbsp;&nbsp;13.04% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (23 MORTGAGE LOANS)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original <br> Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$5953840.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5953840.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original <br> Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$5953840.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5953840.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original <br> Balance** |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.35% | &nbsp;&nbsp;$150000.00 | &nbsp;&nbsp;2.52% |
| &nbsp;&nbsp;Cash Out: Other/Multi - Purpose/Unknown | &nbsp;&nbsp;13 | &nbsp;&nbsp;56.52% | &nbsp;&nbsp;$3193100.00 | &nbsp;&nbsp;53.63% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.35% | &nbsp;&nbsp;$424200.00 | &nbsp;&nbsp;7.12% |
| &nbsp;&nbsp;Rate/Term Refinance – Borrower initiated | &nbsp;&nbsp;8 | &nbsp;&nbsp;34.78% | &nbsp;&nbsp;$2186540.00 | &nbsp;&nbsp;36.72% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5953840.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original <br> Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;5 | &nbsp;&nbsp;21.74% | &nbsp;&nbsp;$1964410.00 | &nbsp;&nbsp;32.99% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;18 | &nbsp;&nbsp;78.26% | &nbsp;&nbsp;$3989430.00 | &nbsp;&nbsp;67.01% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5953840.00** | &nbsp;&nbsp;**100.00%** |

---

10 \| P a g e

![](ex9937001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original <br> Balance** |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$5953840.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**23** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$5953840.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;ANGEL OAK INVESTOR CASH FLOW |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf |

---

11 \| P a g e

## Exhibit 99.38

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.38**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| 2025130065 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |

---

## Exhibit 99.39

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.39**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025130065 |  |  | XXX A |

---

## Exhibit 99.40

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.40**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025130065 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX Eligible | 1 | XXX |

---

## Exhibit 99.41

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.41**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |

---

## Exhibit 99.42

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.42**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Original Loan Amount** | **State** | **Note Date** | **Occupancy** | **Purpose** | **Final Overall Compliance Grade** | **DBRS INITIAL Compliance Grade** | **DBRS FINAL Compliance Grade** | **FITCH INITIAL Compliance Grade** | **FITCH FINAL Compliance Grade** | **KROLL INITIAL Compliance Grade** | **KROLL FINAL Compliance Grade** | **MOODY's INITIAL Compliance Grade** | **MOODY's FINAL Compliance Grade** | **S&P INITIAL Compliance Grade** | **S&P FINAL Compliance Grade** |
| XXX | 2025130486 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130456 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130106 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130157 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130488 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130487 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130087 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130351 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130330 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130412 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130431 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130267 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130432 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130299 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130455 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130189 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130199 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130424 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130089 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2025130160 | XXX | XXX | XXX | XXX | XXX B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| XXX | 2025130466 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2025130445 | XXX | XXX | XXX | XXX | XXX A | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A |

---

## Exhibit 99.43

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.43**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **AGENCY DATA** | **AGENCY DATA** | **AGENCY DATA** |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for CLTV** | **Appraisal Date** | **Appraisal Type** | **AVM Value** | **Variance $** | **Variance %** | **AVM Company** | **AVM FSD Score** | **AVM Effective Date** | **Desk Value** | **Variance $** | **Variance %** | **Desk Company** | **Desk Report Date** | **BPO As-Is Value** | **Variance $** | **Variance %** | **BPO Company** | **BPO Inspection Date** | **FR Value** | **Variance $** | **Variance %** | **FR Company** | **FR Report Date** | **2nd Appraisal Value** | **Variance $** | **Variance %** | **2nd Appraisal Company** | **2nd Appraisal Date** | **Eligible for Rep/Warrant Relief** | **LCA Risk Score** | **CU Score** |
| XXX | 2025130488 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130486 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | -1.926% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130487 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130456 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130455 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130466 |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130424 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130445 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130412 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130432 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130431 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130299 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130267 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130330 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130199 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130351 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130160 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130106 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130189 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130157 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130089 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2025130087 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |

---

## Exhibit 99.44

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.44**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Name** | **State** | **QM/ATR Status** | **Initial Overall Loan Grade** | **Final Overall Grade** | **Final Credit Grade** | **Final Property Grade** | **Final Compliance Grade** | **Material (level 3) TRID exception?** | **Material (level 3) Non-TRID exception?** | **Active Material Exceptions** | **Active Non Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **Property Type** | **Note Date** | **LTV** | **CLTV** | **Occupancy** | **Purpose** | **Credit Score** | **Brwr 1 Yrs in Property** | **Brwr 1 Occupation** | **Brwr 1 Yrs on Job** | **Total Monthly Income** | **Mortgage History** | **Cash Out Amount** | **DTI** | **FTHB Flag** | **Loan Doc Type** | **Loan Status** | **Review Date** |
| XXX | 2025130488 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130486 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130487 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130456 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide XXX appraisers XXX and XXX, as it is missing.<br>Resolved on XXX - Received appraisal XXX & XXX , condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130455 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide XXX appraisers XXX and XXX , as it is missing.<br>Resolved on XXX - Received XXX & XXX , condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130466 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  | No | No Documentation | QC Complete | XXX |
| XXX | 2025130424 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130445 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130412 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Title evidence - XXX<br> COMMENT: Provide a copy title report, as it is missing.<br>Resolved XXX - Received title report, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130432 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130431 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130299 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130267 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130330 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  | No | No Documentation | QC Complete | XXX |
| XXX | 2025130199 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130351 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130160 |  | XXX | XXX | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing flood cert - XXX<br> COMMENT: Missing Flood Cert.<br>Resolved XXX - Received flood certificate, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: XXX , XXX, owns XXX% of the entity but not providing a XXX.<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>| XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130106 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130189 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130157 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) XXX / XXX Missing - XXX<br> COMMENT: Provide a copy of XXX, as it is missing.<br>Resolved XXX - Received XXX, condition resolved |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2025130089 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: Missing signed application for co-borrower (XXX).<br>Resolved XXX : Received signed application for XXX, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2025130087 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Note is incomplete due to page # XXX with points XXX & XXX is missing.<br>Resolved XXX : Received Note page # XXX with points XXX & XXX, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: Incomplete Deed of trust with page of XXX & XXX of missing from XXX.<br>Resolved XXX : Received Deed of trust with page of XXX & XXX, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Times XXX:XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |

---

## Exhibit 99.45

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.45**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Last Name** | **Property State** | **Note Date** | **Loan Purpose** | **TPR QM ATR Status** | **Initial Overall Loan Grade** | **Final Overall Loan Grade** | **Exception Category** | **Exception Subcategory** | **Exception Code** | **Final Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Exception** | **Exception Detail** | **Follow-up Comments (Exception Response)** | **Exception Conclusion Comments** | **Compensating Factors** | **Curable Status** | **Loan Status** | **Review Date** | **Cleared Date** | **Cured Date** | **Exception Date** |
| XXX | 2025130488 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130486 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130487 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide updated XXX with change in credit score from XXX to XXX.<br>Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. | Resolved XXX - Received Corrected Approval document, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130456 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide XXX appraisers XXX and XXX, as it is missing.<br>Resolved on XXX - Received appraisal XXX & XXX , condition resolved. | Resolved on XXX - Received appraisal XXX & XXX , condition resolved. | Resolved on XXX - Received appraisal XXX & XXX , condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130455 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide real estate appraisers XXX and XXX, as it is missing.<br>Resolved on XXX - Received XXX & XXX, condition resolved. | Resolved on XXX - Received appraisal XXX & XXX , condition resolved. | Resolved on XXX - Received XXX & XXX , condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130412 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Missing Title evidence (Lvl R) | Provide a copy title report, as it is missing.<br>Resolved XXX - Received title report, condition resolved. | Resolved XXX - Received title report, condition resolved. | Resolved XXX - Received title report, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130160 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | XXX, XXX, owns XXX% of the entity but not providing a XXX.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>FICO: XXX FICO exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>|  | QC Complete | XXX |  |  | XXX |
| XXX | 2025130160 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 2 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Missing flood cert (Lvl R) | Missing Flood Cert.<br>Resolved XXX - Received flood certificate, condition resolved. | Resolved XXX - Received flood certificate, condition resolved. | Resolved XXX - Received flood certificate, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130157 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* XXX / XXX Missing (Lvl R) | Provide a copy of XXX, as it is missing.<br>Resolved XXX - Received XXX, condition resolved | Resolved XXX - Received XXX, condition resolved | Resolved XXX - Received XXX, condition resolved |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130089 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing signed application for co-borrower (XXX).<br>Resolved XXX : Received signed application for XXX , condition resolved. | Resolved XXX : Received signed application for XXX , condition resolved. | Resolved XXX : Received signed application for XXX , condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130087 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Note is incomplete due to page # XXX with points XXX & XXX is missing.<br>Resolved XXX : Received Note page # XXX with points XXX & XXX, condition resolved. | Resolved XXX : Received Note page # XXX with points XXX & XXX, condition resolved. | Resolved XXX: Received Note page # XXX with points XXX & XXX, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2025130087 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Incomplete Deed of trust with page of XXX & XXX of missing from loan package.<br>Resolved XXX : Received Deed of trust with page of XXX & XXX, condition resolved. | Resolved XXX : Received Deed of trust with page of XXX & XXX, condition resolved. | Resolved XXX : Received Deed of trust with page of XXX & XXX, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |

---

## Exhibit 99.46

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.46**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |  |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** |
| XXX | 2025130488 |  | Representative Score | XXX | XXX | XXX | 1.77890% | The Credit Report dated XXX reflects Representative Score as XXX. | Initial |
| XXX | 2025130486 |  | Representative Score | XXX | XXX | XXX | 1.77890% | The Credit Report dated XXX reflects Representative Score as XXX. | Initial |
| XXX | 2025130487 |  | Original Note Doc Date | XXX | XXX | XXX |  | The Note reflects Original Note Doc Date as XXX. | Initial |
| XXX | 2025130487 |  | Representative Score | XXX | XXX | XXX | 1.77890% | The Credit Report dated XXX reflects Representative Score as XXX. | Initial |
| XXX | 2025130106 |  | Original Note Doc Date | XXX | XXX | XXX |  | The Note reflects Original Note Doc Date as XXX. | Initial |

---

## Exhibit 99.47

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.47**

Executive Summary

**4. Description of the Due Diligence Services**

**1.** **Type of Assets Reviewed** 

Inglet Blair, LLC ("IB") performed certain due diligence review services (the "Review"), as defined herein. The loans reviewed were originated from February 2022 to May 2025 and were collateralized by residential real estate. The loans were acquired by Angel Oak Real Estate Investment Trust III (the "Client") from lenders and/or aggregators (the "Seller"), via bulk acquisition or reliance letter. The information provided below represents the approach and methodology used at the time of original acquisition by the Seller. Each of the loans was acquired by the Seller from various lenders a lender through a delegated correspondent channel.

**2.** **Sample Size of Assets Reviewed** 

This report reflects 3 loans selected by the Client to include in AOMT 2025-13 (the "Securitization"). Client did not disclose to IB if additional loans are included in the Securitization. While the Client may have included additional loans in the Securitization, such loans were not subject to the Review referenced herein. IB reviewed 100% of the Loans provided by the Client and can only assume the sample size was 100%.

**3.** **Sample Size Determination** 

The Client, in its sole discretion, determined the loans to be reviewed by IB. As noted in Section 2 above, Client provided IB with 3 loans, all of which were reviewed by IB. Therefore, IB used no sampling methodology in its Review.

**4.** **Information and Data Integrity** 

IB was provided certain data elements (the "Tape Data"), which were supplied by the Seller. The Seller aggregated the Tape Data from the various lenders. Each lender did not supply Seller with uniform Tape Data; thus, individual Loan Tape Data may not have included all data elements as detailed below in this Section 4. IB subsequently mapped and compared the Tape Data to information contained in each Loan file. When the data was provided, IB compared the following fields:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**Field Name** |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Total Debt to Income Ratio |
| &nbsp;&nbsp;Amortized Original Term | &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;ARM Initial Adjustment Period | &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;ARM Initial Rate Cap | &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;ARM Lookback Period | &nbsp;&nbsp;Loan Term |
| &nbsp;&nbsp;ARM Margin | &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;ARM Maximum Interest Rate | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;ARM Minimum Interest Rate | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;ARM Payment Change Frequency | &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;ARM Periodic Rate Cap | &nbsp;&nbsp;Original Interest Rate |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 1

---

| | |
|:---|:---|
| &nbsp;&nbsp;ARM Periodic Rate Cap at first Adjustment Down | &nbsp;&nbsp;Original Principal and Interest |
| &nbsp;&nbsp;ARM Periodic Rate Cap at first Adjustment Up | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;ARM Rate Cap at first Adjustment Down | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;ARM Rate Cap at first Adjustment Up | &nbsp;&nbsp;Representative Credit Score |
| &nbsp;&nbsp;ARM Rate Change Frequency | &nbsp;&nbsp;Residual Income |
| &nbsp;&nbsp;ATR/QM Designation | &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Subject Address |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Subject City |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;Subject State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Subject Zip Code |

---

**5.** **Underwriting, Origination Practices and Conformity to Guidelines and/or Criteria** 

Each Loan was reviewed to the applicable guideline, matrix and/or finding report, produced by an Automated Underwriting System ("AUS"), as provided to IB. Depending on the applicable guideline requirements, IB verified, recalculated and compared certain metrics and attributes:

- Debt to Income ("DTI")

- Debt Service Coverage Ratio ("DSCR")

- Loan to Value ("LTV") / Combined Loan to Value ("CLTV")

- Lien Position

- Gross Income

- Qualifying Principal, Interest, Taxes and Insurance ("PITI") payment

- Assets and Reserves

- Monthly debt service

- Residual Income

- Occupancy

- Property Type

To the extent prescribed by the applicable guidelines, every Loan received an evaluation of the applicable borrower's employment, income, assets and credit history as follows:

Employment and Income:

- Meets the guidelines and, as applicable, regulatory documentation requirements

- Creditor income calculations are reasonable and as prescribed by the applicable guidelines

- Ensure borrower(s) is/are currently employed

Assets

- Confirm asset source and documentation requirements

- Re-calculate gross, net and liquid asset balances

- Incorporate gift funds and sourcing documentation

- Confirm and calculate reserve calculations

Credit Report

- Determine representative Credit Score and Methodology

- Number of tradelines

Maximum amount of open tradelines

- Mortgage/Rental payment history

- Installment and Revolving payment history

- Bankruptcy and Foreclosure seasoning

- OFAC Alert(s)

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 2

Credit Application (FNMA Form 1003)

- Substantially complete

- Employer and employment status

- Confirmation of loan purpose and occupancy

- Disposition and status of Real Estate Owned (REO)

- First time home buyer status

- Citizenship and eligibility

Title Review - For each Loan the title commitment or, if present, final title policy was reviewed to confirm:

- Vestee(s)

- Title interest – Fee Simple or Leasehold

- Tax liens, encumbrances, encroachments and/or other title defects were satisfied or addressed

Fraud Report – IB reviewed each Loan file for the presence of a fraud report with all material findings addressed surrounding borrower name variances, social security number discrepancies, subject-property occupancy or employment history.

Hazard and Flood Insurance – Each Loan was reviewed to ensure that (i) each hazard policy limit met the applicable guideline requirement (ii) the property address was correct (iii) the premium was accurately reflected in the DTI calculation and (iv) escrowed where required.

Similarly, where the flood certificate indicates the property improvements were located in a flood zone, IB confirmed the coverage met the guideline requirements and, where applicable, the premium escrowed.

Closing/Legal Documents – All Loans received a review of the closing documentation. This includes the note, mortgage (and applicable riders), assignments, mortgage insurance certificates, underwriter approvals, and HUD-1 or Closing Disclosure, as applicable, are executed by all applicable parties and generally convey the terms of the Loan.

The information and findings provided herein were based on the information provided in the loan file images presented at the time of review.

**6.** **Collateral Review and Methodology** 

To establish reasonable support for the original appraised value, each qualifying appraisal was accompanied by one of the following: (i) an existing desk review report provided by the originator (or issuer), (ii) a second full appraisal (typically required by the guidelines) (iii) a FNMA Collateral Underwriter ("CU") analysis with a score of 2.5 or less. In the event a loan did not contain any of the supplemental documentation, IB ordered an AVM, desk review or field review to fulfill the requirement. If any of the supplemental material(s) had an estimate of value that was lower than the original appraised value by 10% (or more), a field review (or suitable alternative) was obtained.

Each Loan was analyzed to confirm it was sufficiently collateralized by real property, and each appraisal was audited to address the following FIRREA/USPAP rules and standards:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Was
 the appraisal prepared for a financial services institution?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Does
 the appraisal state the definition of Market Value?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Does
 the appraisal indicate the appraiser's license or certification, number and expiration
 date?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Does
 the appraisal disclose any extraordinary assumptions, hypothetical conditions? Does the
 appraisal include a statement of assumptions and limiting conditions?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 yes, do the items appear to be reasonable?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Is
 a minimum 3-year subject sale history included?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Does
 the report state the effective date of the appraisal?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Does
 the appraisal summarize the process used to collect, confirm, and report data?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Does
 the appraisal state the subject's highest and best use?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Does
 the appraisal clearly identify the real estate being appraised?

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 3

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Does
 the appraisal state the real property interest being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Does
 the report contain sufficient information?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Was
 the appraisal reported on a FNMA appraisal form?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 yes, was the form materially complete?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Which
 of the industry recognized methods of valuation were included that may have been utilized
 to support the institution's decision to engage in the transaction?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Direct
 Sales Comparison Approach, Cost Approach, or Income Approach?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 any of these approaches have been omitted or excluded, is there sufficient explanation
 provided as to why?

**7.** **Regulatory Compliance Review to Federal, State and Local Lending Laws** 

All Loans deemed to be consumer purpose loans were submitted to an automated regulatory compliance review. The system tested each applicable Loan for adherence to certain federal, state and local consumer protection laws related to mortgage lending. For the one (1) business purpose loan, no compliance testing was completed, and a compliance grade of "A" was assigned.

All applicable tests and disclosure reviews were graded in accordance with the SFA RMBS 4.0 TRID Compliance Review Scope standard as described below.

- Federal Truth in Lending Act– Regulation Z

○ Consumer Handbook on Adjustable Rate Mortgages (1026.19(b)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

○ Your Home Loan Toolkit (1026.19(g)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

● Provided within 3 business days of application

○ Federal High-cost (1026.32)

● Identify points and fees and/or APR threshold test failures

● Prepayment Penalty restrictions

○ Higher-priced Mortgage Loans (1026.35)

● APR Threshold with the corresponding appraisal and escrow requirements

○ Right of Rescission (1026.23)

● Review accuracy, timing and content of disclosure(s)

● Confirm all requisite consumers received notice and correct form

○ Qualified Mortgage Rule (1026.43(e))

● Perform points and fees test to confirm 3% threshold

● Adherence to Appendix Q and DTI below 43% or Temp QM

● Application Dates of 1/10/2014 to 2/28/2021

● Adherence to Appendix Q and DTI below 43% and/or Temp QM and/or APR/APOR threshold testing

● Application Dates of 3/1/2021 to 6/30/2021

● Adherence to Appendix Q and DTI below 43% and/or APR/APOR threshold testing

● Application Dates of 7/1/2021 to 9/30/2022

● APR/APOR threshold testing

● Application Dates on or after 10/1/2022\*

○ Subject to any guidance updates from regulators

● Loan does not contain "risky feature" (IO, Negative Amortization, etc.)

● Contain a valid and approved AUS, as applicable

● Ability-to-Repay ("ATR") (1026.43(c)(2) – IB reviewed each Loan for the applicable mortgagor's ability to repay; however, there is no representation or warranty, implied or otherwise, that a court (or other administrative/legislative authority) will agree with the

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 4

determination. IB objectively confirmed the following eight (8)-factors had been considered and, where applicable, documented:

● (i) The consumer's current or reasonably expected income or assets, other than the value of the dwelling, including any real property attached to the dwelling, that secures the loan;

● (ii) If the creditor relies on income from the consumer's employment in determining repayment ability, the consumer's current employment status;

● (iii) The consumer's monthly payment on the covered transaction, calculated in accordance with paragraph (c)(5) of this section;

● (iv) The consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made, calculated in accordance with paragraph (c)(6) of this section;

● (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 in accordance with paragraph (c)(7) of this section; and

● (viii) The consumer's credit history.

○ TRID (1026.36, 37)

○ Loan Estimate ("LE")

● Initial LE was provided within three (3) business days of application as provided by the broker or creditor and loan does not consummate within seven (7) business days of receipt

● Provided within three (3) business days of a valid Change of Circumstance

● Complete in all material respects

● Contains NMLS ID

● Confirm the "In 5 Years" calculation is not over disclosed

○ Final Closing Disclosure ("CD")

● Confirm creditor provided CD no later than three (3) business days of consummation and confirm all relevant fields are complete

● Ensure technical requirements are met – Rounding, Alphabetization, Number of Fees per category and title fees properly labeled

● Recalculation of the Finance Charge, Amount Financed, Total of Payments ("TOP"), and Total Interest Payments ("TIP")

● Projected Payments - Re-calculation of Principal and Interest payment(s), verified escrow and insurance payments, interest only periods and final balloon payments are present and displayed in the correct number of columns

● Adjustable Interest Rate and Adjustable Payment Tables are present, complete and accurate, if applicable

● No fee charged for preparation of LE or CD

● Fee descriptions conform with clear and conspicuous standard

● Loan terms match that of the subject loan – balance, rate, term, prepayment penalty

● Loan Disclosures section is complete – Late Payment matches the note and the escrow section is consistent within the disclosure

○ Fee and Tolerance Testing - Zero and ten percent (10.0%) tolerance testing, including the presence, timing and a validation of a change of circumstance and corresponding fee changes

○ Evidence Service Provider List and Your Home Loan Toolkit, if applicable, were provided or present in the loan file

○ LE and CD form(s) provided to the borrower are consistent across the loan process

○ NMLS ID is present on the loan application, note, security instrument, LE and CD, as applicable

○ Items not tested, include but are not limited to:

● Categorization of fees in the appropriate section

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 5

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

● Accuracy of information for fields not expressly stated above

● Presence and accuracy of the Seller's Transaction columns on the Seller's columns

○ State High-cost and Predatory lending regulations

○ RESPA disclosures

● Confirm GFE and HUD-1

● Special Information Booklet

● Notice of Servicing Transfer

● Affiliated Business Arrangement Disclosure

● Homeownership Counseling Disclosures

○ Equal Credit Opportunity Act

● Presence, acknowledgement and timing of the Right to Receive Copy of Appraisal Disclosure

Structured Finance Association ("SFA") organized and led an initiative to establish a framework for Third-Party Reviewer's ("TPR") to evaluate and grade loans subject to the Know Before You Owe Act, also commonly referred to as TILA-RESPA Integrated Disclosure ("TRID"). While all grades and conclusions are established in good faith, the grading scheme materiality and impact for certain exceptions may change from time to time, and thus, all reports contain Interpretation Risk. Under no circumstance should the Client, any potential investors or other individual party solely rely on the interpretations made by IB, SFA, or its outside counsel.

Please be advised that IB is not a law firm, does not employ personnel who are licensed to practice law and the exceptions, observations and conclusions provided by IB are not legal opinions. IB relies upon the advice of outside counsel, informal advice of regulators and industry practice to determine materiality.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**TRID Tested** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;No | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Yes | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |

---

**8.** **Any Other Type of Review** 

There was no other review performed.

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 6

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

**5. Summary of Finding and Conclusions of Review**

The following tables represent the final NRSRO overall and component grades. The Overall grade is comprised of the lowest of the component grades.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Final Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Credit Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Compliance Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Property Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |

---

The following tables represent certain key attributes of the Loans and their frequency amongst the loan population.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Fixed Rate | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;1st | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 7

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Single Family Detached (non-PUD) | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;PUD (Only for use with Single-Family<br>Detached Homes with PUD riders)<br>| &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**LTV** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;**00.01- 10.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**10.01- 20.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**20.01- 30.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**30.01- 40.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**40.01- 50.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**50.01- 60.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;**60.01- 70.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**70.01- 80.00** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;**80.01- 90.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**90.01- 100.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**CLTV** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;**00.01- 10.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**10.01- 20.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**20.01- 30.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**30.01- 40.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**40.01- 50.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**50.01- 60.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;**60.01- 70.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**70.01- 80.00** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;**80.01- 90.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**90.01- 100.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2025-13

pg. 8

## Exhibit 99.48

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.48**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Exception ID** | **Exception ID Date** | **Condition Category** | **Condition Standardized Description** | **Condition ID** | **Exception Level** | **Status** | **Condition Custom Description** | **Cleared Date** | **Compensating Factors** | **Lender Response** | **Comments** | **Loan Status** |
| 2025130527 | XXX | XXX | XXX | Compliance | Missing evidence of the Seller XXX | XXX | 2 | Acknowledged | Missing Seller CD. |  | Verified reserves - XXX mths verified reserves w/a minimum requirement of XXX.; Verified credit history - XXX FICO w/a minimum requirement of XXX.; |  | Client: XXX No Assignee Liability. | XXX C B |
| 2025130527 | XXX | XXX | XXX | Credit | Missing Verification of Liability (Contingent or Otherwise) | XXX | 2 | Acknowledged | Missing documentation to verify borrower XXX installment payments of $XXX as stated on the final 1003. |  | Verified reserves - XXX mths verified reserves w/a minimum requirement of XXX.; Verified credit history - XXX FICO w/a minimum requirement of XXX.; |  | Client: XXX Investor Acknowledged Exception. | XXX C B |

---

## Exhibit 99.49

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.49**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Final Overall Event Level** | **State** | **Lien Position** | **Loan Purpose** | **QM Designation Type** |
| 2025130527 | XXX | 2 C B A | XXX | XXX | XXX | Not Covered / Exempt |
| 2025130675 | XXX | 1 A | XXX | XXX | XXX | Non-QM / Compliant |
| 2025130674 | XXX | 1 A | XXX | XXX | XXX | Non-QM / Compliant |

---

## Exhibit 99.50

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.50**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number (Selling Lender)** | **Loan Number (Purchasing Lender)** | **Data Field** | **Tape Data** | **IB Review Value** | **Discrepancy Comments** |
| XXX | 2025130527 | Total Debt to Income Ratio | XXX | XXX | Approved DTI XXX%, Review DTI XXX%. Unable to verify cause of discrepancy. Debts on final 1003 do not match the 1008. |
| XXX | 2025130527 | U/W Doc Type | XXX | XXX | Source of tape is unknown, 1008 reflects 1099 Alt Doc. 1099 XXX pgs XXX |
| XXX | 2025130675 | Loan Type | XXX | XXX | Asset utilization considered results in a XXX. Source of tape is unknown. |
| XXX | 2025130675 | Total Debt to Income Ratio | XXX | XXX | Approved DTI XXX%, variance < XXX% is non-material. Source of tape is unknown. |
| XXX | 2025130675 | Representative Credit Score | XXX | XXX | Primary wage earner representative score is used to qualify for XXX. |
| XXX | 2025130674 | Loan Type | XXX | XXX | XXX is XXX. Source of tape is unknown. |
| XXX | 2025130674 | Total Debt to Income Ratio | XXX | XXX | Variance < XXX% is non-material. |

---

## Exhibit 99.51

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.51**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **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** | **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** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | | | |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO 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** | **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** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO 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** | **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** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Second Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **AVM Product Name** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| XXX | 2025130527 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 |  |
| XXX | 2025130675 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.0 | 1.1 |
| XXX | 2025130674 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |  |

---

## Exhibit 99.52

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.52**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Loan Status** | **Final Overall Event Level** | **Final Credit Event Level** | **Final Compliance Event Level** | **Final Property Event Level** | **Credit Exceptions** | **Compliance Exceptions** | **Property Exceptions** | **Compensating Factors** | **Immaterial/Waived** | **Lender Commentary** | **Cleared Exceptions** | **Exceptions** |
| 2025130527 | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | Verified reserves - XXX mths verified reserves w/a minimum requirement of XXX.; Verified credit history - XXX FICO w/a minimum requirement of XXX.; | XXX Missing Verification of Liability (Contingent or Otherwise) - Missing documentation to verify borrower XXX installment payments of $XXX as stated on the final 1003., Client Comment: XXX Investor Acknowledged Exception.<br>XXX Missing evidence of the Seller XXX - Missing Seller CD., Client Comment: XXX No XXX Liability. |  |  |  |
| 2025130675 | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | Low LTV/CLTV/HCLTV - Low CLTV of XXX%.; Verified reserves - XXX+ months of verified reserves.; |  |  |  |  |
| 2025130674 | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | Verified reserves - XXX months of verified reserves when guidelines required XXX months.; Verified employment history - Borrower has been self employed owner of his business for XXX years.; Low DTI - DTI of XXX% < XXX% Max.; |  |  |  |  |

---

## Exhibit 99.53

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.53**

![](ex9953001.jpg)

**Selene Diligence LLC ("Selene") Due**

**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 Angel Oak Real Estate Investment Trust III (the "Client"). The review was conducted between March 17 2022 and August 11 2025 via files imaged and provided for review (the "Review").

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

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 9 Non-QM loans for a total of 9 loans the "Final Securitization Population".

*<u>Credit Reviews (9):</u>*

During the Review, Selene performed a credit review on 9 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (9)</u>*

During the Review, Selene performed a compliance review, when applicable on 9 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (9):</u>*

During the Review, Selene performed a property valuation review on 9 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (9):</u>*

During the Review, Selene performed a Data Integrity Review on 9 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 9 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;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |

---

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

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

Kind Lending Non-Agency Program Guidelines, Oaktree Funding Non-Agency Loan Eligibility Guidelines (the "Guidelines")

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

Page **2** of **17**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A,B, and C, attached hereto).

**CREDIT REVIEW**

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

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● 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.

● **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.

● **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 **17**

 **DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

● Tape data received from lender/client is stored in a secured FTP folder;

● Tape data is uploaded into the application;

● Loan Reviewer collects validated loan data;

● Each received data point is compared to its counterpart collected data point; and

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | |  | &nbsp;&nbsp;***Grades per loan (9 overall loans):*** | &nbsp;&nbsp;***Grades per loan (9 overall loans):*** | &nbsp;&nbsp;***Grades per loan (9 overall loans):*** |  |  |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;22.22% | &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;44.44% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **17**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | |
| | | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **COMPLIANCE**  | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **COMPLIANCE**  | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO**<br> **Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES -**<br> **PROPERTY** |  |  |  |  |
| &nbsp;&nbsp;**NRSRO**<br> **Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |

---

**<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

Page **5** of **17**

Selene. Information contained in any Selene report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
Due Diligence Narrative Report

2. ASF
Report

3. Grading
Summary

4. Exception
Detail

5. Tape
Discrepancies

6. Valuations
Report

7. Supplemental
Data

8. Third
Party (TPR) Attestation Form

9. Attestation
Form 15E

Page **6** of **17**

**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 **17**

**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;

Page **8** of **17**

&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;

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

Page **9** of **17**

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

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

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

i) failure to provide the right of rescission notice;

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan</u> 

Page **10** of **17**

<u>Originator Compensation and Steering (§1026.36):</u>

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable,
 on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure;
 and (ii) verify the data against the NMLSR database, as available.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Page **11** of **17**

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 3.0, as may be updated from time to time.

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

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

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

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

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

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

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

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page **12** of **17**

**SCHEDULE I**

**<u>Selene tests perform compliance checks by state license types for interest rate, late fees, grace periods, high cost, higher priced, anti-predatory lending and prepayment term requirements. Restrictive Fees test assess qualifiable mortgage loan fee restrictions under state/municipalities laws and regulations.</u>**

**(Below are state regulations which test specifically for high cost, higher priced, and anti-predatory lending.)**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License<br>
 Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration<br>
 Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT
 - Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License<br>
 Mortgage Lender License

Page **13** of **17**

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;48. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;49. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;50. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;51. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;52. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;53. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;54. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;55. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;56. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;57. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;58. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;59. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;60. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;61. NY
 GRBB Part 41 (pre- and post-amendments)

Page **14** of **17**

&nbsp;&nbsp;&nbsp;&nbsp;62. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;63. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;64. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;65. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;66. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;67. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;68. TX
 Home Loan and High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;69. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;70. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;71. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;72. WI
 Responsible High Cost Mortgage Lending Act

Page **15** of **17**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

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

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

Page **16** of **17**

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

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **17** of **17**

## Exhibit 99.54

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.54**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXX | 2025130526 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of XXX | Resolved- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX <br> Open-Evidence of XXX is missing in the file, please provide - Due Diligence Vendor-XXX |  |  | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130526 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX Credit Report | Resolved- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-XXX Credit Report is Missing please Provide. - Due Diligence Vendor-XXX |  |  | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130526 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Loan Estimate | Resolved- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Revised Loan estimate is missing for XXX, please provide . - Due Diligence Vendor-XXX |  |  | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130526 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Closing Disclosure | Resolved- - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX: Missing Closing Disclosure Initial Closing Disclosure is missing in the file , please provide . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX |  | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Updated 1008 Document uploaded, Qualifying FICO on the 1008 matches the Qualifying FICO from the Credit Liabilities, Verified - Resolved <br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1008 - Seller-XXX<br> Open-Qualifying FICO on the 1008 Page is 'XXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is 'XXX' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. Qualifying FICO on the 1008 Page is 'XXX', but the Qualifying FICO from the Credit Liabilities Page is 'XXX', Provide updated 1008 with FICO of XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated 1008 - Seller-XXX | Resolved-Updated 1008 Document uploaded, Qualifying FICO on the 1008 matches the Qualifying FICO from the Credit Liabilities, Verified - Resolved <br> - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 provided. Resolved. - Due Diligence Vendor-XXX<br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-The 1008 document is missing from the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-1008 provided. Resolved. - Due Diligence Vendor-XXX<br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Requested XXX credit report provided hence resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-Borrower 2 XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Credit - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Credit - Seller-XXX | Resolved-Requested XXX credit report provided hence resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-Borrower 2 XXX Credit Report is not missing. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Requested XXX credit report provided hence resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Credit - Seller-XXX <br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Credit - Seller-XXX | Resolved-Requested XXX credit report provided hence resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXX) | Resolved-Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. $XXX check, XXX, XXX and tracking info - Seller-XXX<br> Counter-PCCD, tolerance cure refund to borrower for $XXX, XXX and proof of delivery missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender Credit portion of the condition; XXX XXX do not show cents. So, the Lender credit shows as XXX on the XXX and on the CD, it shows the full amount as XXX. Lender's Credit has always been XXX. - Seller-XXX<br> Open-A Lender Credit for Excess Charges of ($XXX), Principal Reduction for Excess Charges of ($XXX), and general or specific lender credit increases of ($XXX) were applied to the total fee variance of ($XXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Appraisal fee on Section B was increased from initial CD amount $XXX to Final CD/PCCD amount $XXX and There is no Lender credit or XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. $XXX check, LOX, XXX and tracking info - Seller-XXX<br> Ready for Review-Document Uploaded. Lender Credit portion of the condition; XXX XXX do not show cents. So, the Lender credit shows as XXX on the XXX and on the CD, it shows the full amount as XXX. Lender's Credit has always been XXX. - Seller-XXX | Resolved-Resolved - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party XXX Prior to Close Missing | Resolved-B2 XXX provided. Resolved. - Due Diligence Vendor-XXX<br> Resolved-Borrower 2 3rd Party XXX Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VVOE - Seller-XXX<br> Open-Borrower 2 3rd Party VOE Prior to Close Missing B2 Verification of Employment within XXX business days of closing missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. VVOE - Seller-XXX | Resolved-B2 XXX provided. Resolved. - Due Diligence Vendor-XXX<br> Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130392 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Worksheet provided. Resolved. - Due Diligence Vendor-XXX <br> Resolved-Validation Resolved' - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Income Worksheet - Seller-XXX<br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for XXX or more borrowers. Worksheet for XXX is illegible. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Income Worksheet - Seller-XXX | Resolved-Worksheet provided. Resolved. - Due Diligence Vendor-XXX<br> Resolved-Validation Resolved' - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130501 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received verification to proceed, finding resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-XXX,<br>Can you please go back to XXX and ask them to re-review? We reviewed the file and this meets our guidelines for closing in a XXX.<br>We have been unable to get XXX to respond to our requests, but we are ok with the way this was handled, it meets our guidelines.<br>Thank you<br>Additional exception requests for the aforementioned loan may not be considered upon receipt of a XXX. A response to this scenario request does not XXX an opinion of credit worthiness, or exception to your lending decision. XXX is not a party to the origination of the loan. XXX. is engaged in the business of purchasing, holding and XXX loans on the XXX from its various correspondent originators. Any communication that a seller or lender has with XXX. in regards to a loan XXX does not represent any offer, commitment or obligation by XXX ("XXX") to purchase any loans. XXX has the right to determine in its XXX whether to purchase loans based on, among other things, market conditions and completion of due diligence which is acceptable to XXX in its sole discretion. Seller further acknowledges and agrees that XXX is not a party to the origination of the loan and has not taken part in any credit decision with respect to the loan and that Seller's decision to originate a loan shall be made in its XXX and is not contingent upon any agreement by XXX to purchase the loan. XXX reserves the right at any time to decline to enter into the proposed transaction for any reason without explanation and without any liability to you or your affiliates. The purchase of any loan shall be governed by the terms and conditions of any XXX between the parties. Attention: This e-mail message is privileged and confidential. If you are not the intended recipient please delete the message and notify the sender. Any views or opinions presented are XXX those of the author.<br>Thank you, <br> XXX<br>XXX<br> XXX <br> XXX - Seller-XXX<br> Counter-Received clarification from investor and they confirmed XXX of any kind cannot be the borrower but may hold title. - Due Diligence Vendor-XXX<br> Escalated-Escalating for additional review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please read the response from XXX and XXX. - Seller-XXX<br> Counter-We agree with the XXX but Trust is the borrower for this loan and section XXX XXX "XXX of any kind cannot be the borrower but may hold title" - Due Diligence Vendor-XXX<br> Ready for Review-See XXX XXX Eligible XXX <br>Ownership must be fee simple. Acceptable forms of XXX are: <br> • XXX <br> • XXX <br> • XXX in Common <br> • XXX<br> • All par�es who take �tle to the subject property must sign the XXX - Seller-XXX <br> Counter-The uploaded guideline section XXX shows XXX of any kind cannot be the borrower, please let us know if you can clarify this for us. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See XXX attached guideline - Seller-XXX<br> Counter-Received matrix to XXX advantage, loan is an XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. There is nothing in this guideline restricting a XXX. - Seller-XXX<br> Open-Trusts not allowed as a borrower per guidelines - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-XXX ,<br>Can you please go back to XXX and ask them to re-review? We reviewed the file and this meets our guidelines for closing in a XXX.<br>We have been unable to get XXX to respond to our requests, but we are ok with the way this was handled, it meets our guidelines.<br>Thank you<br>Additional exception requests for the aforementioned loan may not be considered upon receipt of a XXX. A response to this scenario request does not constitute an opinion of credit worthiness, or exception to your lending decision. XXX is not a party to the origination of the loan. XXX. is engaged in the business of purchasing, holding and selling residential mortgage loans on the XXX from its various correspondent originators. Any communication that a seller or lender has with XXX . in regards to a loan scenario does not represent any offer, commitment or obligation by XXX ("XXX") to purchase any loans. XXX has the right to determine in its XXX discretion whether to purchase loans based on, among other things, market conditions and completion of due diligence which is acceptable to XXX in its XXX . Seller further acknowledges and agrees that XXX is not a party to the origination of the loan and has not taken part in any credit decision with respect to the loan and that Seller's decision to originate a loan shall be made in its sole discretion and is not contingent upon any agreement by XXX to purchase the loan. XXX reserves the right at any time to decline to enter into the proposed transaction for any reason without explanation and without any liability to you or your affiliates. The purchase of any loan shall be governed by the terms and conditions of any final agreement between the parties. Attention: This e-mail message is privileged and confidential. If you are not the intended recipient please delete the message and notify the sender. Any views or opinions presented are XXX those of the XXX.<br>Thank you, <br> XXX<br>XXX<br> XXX<br> XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Please read the response from XXX and disposition. - Seller-XXX<br> Ready for Review-See XXX 2.2 Eligible Ves�ng <br>Ownership must be fee simple. Acceptable forms of XXX are: <br> • XXX <br> • XXX<br> • XXX in Common <br> • XXX Revocable Trust <br> • All par�es who take �tle to the subject property must sign the Security Instrument - Seller-XXX<br> Ready for Review-Document Uploaded. See XXX attached guideline - Seller-XXX<br> Ready for Review-Document Uploaded. There is nothing in this guideline restricting a XXX. - Seller-XXX | Resolved-Received verification to proceed, finding resolved - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130409 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Final CD: Closing Cost Detail fee(s) not disclosed in the proper section based on ability to shop | Resolved-Fees in section XXX. Compliance passes. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. These fees are already in section XXX. Please see attached XXX. - Seller-XXX<br> Open-Guaranty Fee and Tax Certificate Fee are paid to a provider that's not on providers list, but the fees are still in section XXX move these fees (Guaranty Fee and Tax Certificate Fee) to section XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. These fees are already in section XXX. Please see attached XXX. - Seller-XXX | Resolved-Fees in section XXX. Compliance passes. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130409 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Provide updated fraud report with all cleared alerts as the one on file shows uncleared alerts. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Closing Disclosure | Resolved-TRID: XXX Closing Disclosure Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title has confirmed and provided the only signed CD's they have which are the XXX e-signed copies with correct balanced payoff figures. The XXX e-signed CD's attached are the Final CD's<br> - Seller-XXX<br> Counter- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Compliance response: It appears that a revised CD was sent after original closing date of XXX, due to a revised payoff amount. That is the only change.<br> It is common for payoffs to change a bit at time of closing/funding, and we will rebalance with the settlement agent. The e-signed CD is the Final CD and it matches the attached XXX. <br> Please see the attached CD's within Closing package and revised CD e-signed with correct payoff amount. <br> - Seller-XXX<br> Open-TRID: Missing Final Closing Disclosure. We have FINAL CD on page#XXX-XXX Issued & Sign date is XXX but we require Prior to closing date XXX. Provide the updated FINAL CD Document.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX has confirmed and provided the only signed CD's they have which are the XXX e-signed copies with correct balanced payoff figures. The XXX e-signed CD's attached are the Final CD's<br> - Seller-XXX<br> Ready for Review-Document Uploaded. Compliance response: It appears that a revised CD was sent after original closing date of XXX, due to a revised payoff amount. That is the only change.<br> It is common for payoffs to change a bit at time of closing/funding, and we will rebalance with the settlement agent. The e-signed CD is the Final CD and it matches the attached Final XXX. <br> Please see the attached CD's within Closing package and revised CD e-signed with correct payoff amount. <br> - Seller-XXX | Resolved-TRID: XXX Disclosure Provided - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf |  | CD for XXX is what is missing. Appears we have the post closing CD or is the CD dated XXX that is a XXX the actual final CD? | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | Tolerance:Disclosure | XXX - Closing Disclosure Total of Payments Foreclosure Rescission Tolerance | Resolved-The disclosed Total of Payments (XXX) is understated by more than $XXX when compared to the actual Total of Payments of (XXX). The difference is (XXX). After the initiation of foreclosure on the consumer's principal dwelling that secures the credit obligation, Regulation XXX considers the disclosed Total of Payments inaccurate if it is understated by more than $XXX. (12 CFR 1026.23(h)(2)(ii)) Resolved - Due Diligence Vendor-XXX |  | Resolved-The disclosed Total of Payments (XXX) is understated by more than $XXX when compared to the actual Total of Payments of (XXX). The difference is ($XXX). After the initiation of foreclosure on the consumer's XXX that secures the credit obligation, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by more than $XXX. (12 CFR 1026.23(h)(2)(ii)) Resolved - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-The 1008 document is missing from the loan file. Provide the updated 1008 with Monthly Property Tax premium amount showing as per Initial XXX Disclosure & XXX Property Taxes showing as $XXX but 1008 document on page#XXX Tax Premium amount showing as $XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130182 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX - Closing Disclosure and Consummation Date | Resolved-CDs provided and updated. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial CD XXX and XXX/CD XXX - Seller-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX <br> Open- - Due Diligence Vendor-XXX<br> Open-The Initial Closing Disclosure Received Date of (XXX) is not XXX business days before the consummation date of (XXX). XXX business days before the consummation date is (XXX). Under Regulation XXX, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than XXX business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial Closing disclosure on page#XXX date is XXX and Final Closing disclosure on page#XXX date is XXX not in XXX business days. updated as per documentation. - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Initial CD XXX and XXX/CD XXX - Seller-XXX | Resolved-CDs provided and updated. - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130182 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Coverage Amount is less than Required Coverage Amount | Resolved-Replacement Cost Estimator uploaded, Hazard Insurance Coverage Amount of $XXX is greater than Required Coverage Amount of $XXX, Verified - Resolved - Due Diligence Vendor-XXX<br> Resolved-Hazard Insurance Coverage Amount of $XXX is equal to or greater than Required Coverage Amount of $XXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'No') - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Hazard Insurance Coverage Amount of $XXX is less than Required Coverage Amount of $XXX and Guaranteed Replacement Coverage indicator is 'No' Hazard Insurance Coverage Amount of $XXX is less than Required Coverage Amount of $XXX and Guaranteed Replacement Coverage indicator is No. There is NO XXX on file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Replacement Cost Estimator uploaded, Hazard Insurance Coverage Amount of $XXX is greater than Required Coverage Amount of $XXX, Verified - Resolved - Due Diligence Vendor-XXX<br> Resolved-Hazard Insurance Coverage Amount of $XXX is equal to or greater than Required Coverage Amount of $XXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'No') - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2025130174 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Per the guideline Version XXX on page#XXX a clear fraud report is required. The fraud report in file pg#XXX is showing a XXX. The required cleared report is missing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |

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## Exhibit 99.55

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.55**

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| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2025130526 |  |  | XXX D A |
| 2025130392 |  |  | XXX D C A |
| 2025130501 |  |  | XXX C A |
| 2025130403 |  |  | XXX A |
| 2025130409 |  |  | XXX C A |
| 2025130355 |  |  | XXX A |
| 2025130404 |  |  | XXX D A |
| 2025130182 |  |  | XXX C A |
| 2025130174 |  |  | XXX C A |

---

## Exhibit 99.56

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.56**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2025130526 |  |  | XXX | XXX | XXX |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX | XXX | 28% | XXX | 1004 URAR |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.6 |  |
| 2025130392 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2025130501 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 | XXX |
| 2025130403 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130409 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .1142 | 1004 URAR |  |  |  |  | XXX | XXX | 11% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2025130355 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2025130404 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2025130182 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2025130174 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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## Exhibit 99.57

[Angel Oak Mortgage Trust I, LLC ABS-15G](aomt-abs15g.htm)

**Exhibit 99.57**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2025130526 |  |  | XXX | Housing Debt/Income Ratio | the1008Page | XXX | XXX | Value Matches, rounding factor |
| 2025130526 |  |  | XXX | Loan Amount | notePage | XXX | XXX | Updated as per Note page XXX |
| 2025130526 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI/HTI XXX XXX% is allowable as per Guidelines |
| 2025130392 |  |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Property type confirmed with appraisal report. |
| 2025130392 |  |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | 1008 is missing in the file and B1 income is high, so need to use B1 FICO Score but tape considered the B1 FICO Score for qualaification. |
| 2025130392 |  |  | XXX | Note Date | notePage | XXX | XXX | Tape considered the Disbursement date as note date. |
| 2025130392 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | XXX property with monthly XXX amount $XXX and XXX amount not XXX. |
| 2025130392 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Trade line - XXX has less than XXX payments so excluded from DTI but 1003 considered and 1003 considered XXX the trade line XXX.<br>|
| 2025130501 |  |  | XXX | Originator QM Status | diligenceFinalLookPage | XXX | XXX | Loan is XXX considered as XXX. |
| 2025130403 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated per XXX & documentation. |
| 2025130403 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | Qualifying Total Housing expenses PITIA is matching with 1008 Tape data not included Insurance |
| 2025130403 |  |  | XXX | XXX Indicator | postConsummationCdDetailPage | XXX | XXX | Only taxes is XXX verified from XXX page XXX and XXX payment letter page XXX |
| 2025130409 |  |  | XXX | Property Type | propertyValuationPage | XXX | XXX | True data is correct, property is a XXX per 1008, DOT, appraisal. |
| 2025130409 |  |  | XXX | Note Date | notePage | XXX | XXX | True data is correct, verified from note doc on page # XXX. |
| 2025130409 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | True data is correct, XXX months bank statements are verified for income qualification. |
| 2025130409 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | True data is correct, tape data was not included XXX amount of $XXX whereas true data shows PITIA. |
| 2025130355 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2025130355 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated as per XXX and documentation. |
| 2025130355 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is XXX% but Originator DTI is XXX% Variance is XXX % within tolerance. |
| 2025130404 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2025130404 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated as per XXX and documentation. |
| 2025130404 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is XXX% but Tape data DTI is XXX%. Variance is XXX within tolerance. |
| 2025130182 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2025130182 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated as per XXX and documentation. |
| 2025130182 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is XXX% but Tape data DTI is XXX%. Variance is XXX within tolerance. due to the below tradelines Paid at closing. () 1.XXX Monthly payment is $XXX. () 2. XXX Monthly payment is $XXX. |
| 2025130174 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2025130174 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated as per XXX and documentation. |
| 2025130174 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts, However file is No XXX. |

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