# EDGAR Filing Document

**Accession Number:** 0002057124
**File Stem:** 0001999371-26-010228
**Filing Date:** 2026-5
**Character Count:** 2254166
**Document Hash:** f728cfcb199926aba9ef35b3e1d1d197
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-010228.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001999371-26-010228

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

**PUBLIC DOCUMENT COUNT**: 51

**CONFORMED PERIOD OF REPORT**: 20260507

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

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260507

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07763
- **FILM NUMBER:** 26955008

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

---

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

---

| | |
|:---|:---|
|  | Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(l) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐ |
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
|  | Central Index Key Number of depositor: 0002057124 |
|  | <u>COLT 2026-4 Mortgage Loan Trust</u> |
|  | (Exact name of issuing entity as specified in its charter) |
|  | Central Index Key Number of issuing entity (if applicable):<u> </u> |
|  | Central Index Key Number of underwriter (if applicable): ________________ |

---

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

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

---

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

---

Not Applicable

---

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

---

Not Applicable

---

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

---

Not Applicable

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

**REPORTS**

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

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

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

Not Applicable

**SIGNATURES**

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

---

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

---

Date: May 7, 2026

**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 |
| [99.6](ex99-6.htm) | Clarifii LLC ("Clarifii") Narrative |
| [99.7](ex99-7.htm) | Clarifii Rating Agency Grades Detail Report |
| [99.8](ex99-8.htm) | Clarifii Rating Agency Grades Summary Report |
| [99.9](ex99-9.htm) | Clarifii Data Compare Report |
| [99.10](ex99-10.htm) | Clarifii Valuation Report |
| [99.11](ex99-11.htm) | Consolidated Analytics, Inc. ("Consolidated") Narrative |
| [99.12](ex99-12.htm) | Consolidated Grading Report Summary |
| [99.13](ex99-13.htm) | Consolidated Valuations Summary Report |
| [99.14](ex99-14.htm) | Consolidated Due Diligence Standard |
| [99.15](ex99-15.htm) | Consolidated Data Compare Report |
| [99.16](ex99-16.htm) | Evolve Mortgage Services ("Evolve") Executive Summary |
| [99.17](ex99-17.htm) | Evolve Rating Agency Grades |
| [99.18](ex99-18.htm) | Evolve Exception Detail |
| [99.19](ex99-19.htm) | Evolve Valuation Report |
| [99.20](ex99-20.htm) | Evolve Data Compare |
| [99.21](ex99-21.htm) | Maxwell Diligence Solutions, LLC ("MaxDiligence") Narrative |
| [99.22](ex99-22.htm) | MaxDiligence Standard Exceptions Report |
| [99.23](ex99-23.htm) | MaxDiligence Grading Report |
| [99.24](ex99-24.htm) | MaxDiligence Valuation Report |
| [99.25](ex99-25.htm) | MaxDiligence Data Compare Report |
| [99.26](ex99-26.htm) | Opus Capital Markets Consultants, LLC ("Opus") Executive Narrative |
| [99.27](ex99-27.htm) | Opus Rating Agency Grades Summary Report |
| [99.28](ex99-28.htm) | Opus Valuation Report |
| [99.29](ex99-29.htm) | Opus Data Compare Report |
| [99.30](ex99-30.htm) | Opus Standard Findings Report |
| [99.31](ex99-31.htm) | Selene Diligence LLC ("Selene") Narrative |
| [99.32](ex99-32.htm) | Selene Rating Agency Grades Summary Report |
| [99.33](ex99-33.htm) | Selene Standard Findings Report |
| [99.34](ex99-34.htm) | Selene Valuation Report |
| [99.35](ex99-35.htm) | Selene Data Compare Report |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services described below on conforming and non-conforming residential mortgages acquired from various parties. The review was conducted on behalf of Lone Star Residential Acquisitions, LLC ("Client") during multiple transactions from between December 2025 to April 2026 via files imaged and provided by the Client's designee for review. The loans in the Review carried origination dates between October 2025 to April 2026. The Review included loans reviewed under the Credit and Compliance Scope (160 mortgage loans), and the Business Purpose Scope (158 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Leases Limited Compliance Scope and Leases Scope) are together referred to as the Loans.

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

The initial population consisted of three hundred eighteen (318) mortgage loans.

The final population of the Review covered three hundred eighteen (318) mortgage loans totaling an aggregate original principal balance of approximately $177.740 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

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

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

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

---

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

---

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

---

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

---

**DATA COLLECTION**

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

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

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

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

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

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![](ex991001.jpg)

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

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, AMC implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Association ("SFA") (formerly, the Structured Finance Industry Group, "SFIG") (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. AMC worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While AMC continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. AMC has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per AMC's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that AMC has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by AMC will result in the potential level of risk indicated by an Event Level or NRSRO grade.

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the

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amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(IV) Sections 1331 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

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

---

---

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

---

---

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

---

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

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**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
TIL;

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

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

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

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

Includes Business Purpose Scope with additional limited compliance review below.

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

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

with the following:

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

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

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

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

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

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![](ex991001.jpg)

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

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![](ex991001.jpg)

**OVERALL RESULTS SUMMARY** 

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

---

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

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;A | &nbsp;&nbsp;117 | &nbsp;&nbsp;36.79% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;201 | &nbsp;&nbsp;63.21% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Please note that one hundred forty-eight (148) Business Purpose with no limited compliance review were not subjected to a compliance review and did not receive a compliance grade. Of the remaining one hundred seventy (170) mortgage loans, 100.00% by number received an "A" or "B" compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of All Loans** | &nbsp;&nbsp;**% of Mortgage Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;124 | &nbsp;&nbsp;38.99% | &nbsp;&nbsp;72.94% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;46 | &nbsp;&nbsp;14.47% | &nbsp;&nbsp;27.06% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;148 | &nbsp;&nbsp;46.54% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All three hundred eighteen (318) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 44.97% of the mortgage loans by number received a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;143 | &nbsp;&nbsp;44.97% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;175 | &nbsp;&nbsp;55.03% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY** 

Three hundred fifteen (315) mortgage loans, 99.06%, reviewed by AMC have a Property Grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;315 | &nbsp;&nbsp;99.06% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.94% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** |

---

**EXCEPTION CATEGORY SUMMARY**

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

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![](ex991001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **Exception Type** | **Final Exception Rating** | **Exception Category** | **Total** |

---

---

| | | | |
|:---|:---|:---|:---|
| Compliance | B | ECOA | 28 |
| Compliance | B | TRID Defect | 16 |
| Compliance | B | State Defect | 4 |
| Compliance | B | ATR/QM Defect | 4 |
| Compliance | B | GSE | 4 |
| Compliance | B | Misc. State Level | 2 |
| Compliance | B | Federal Defect | 1 |
| Compliance | B | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | 1 |
| Compliance | B | State Late Charge | 1 |
| Compliance | B | RESPA | 1 |
| Compliance | B | Loan Package Documentation | 1 |
| Compliance | B | ***Total Compliance Grade (B) Exceptions:*** | ***63*** |
| **Total Compliance Exceptions:** | **Total Compliance Exceptions:** | **Total Compliance Exceptions:** | **63** |
| Credit | B | Guideline | 189 |
| Credit | B | Borrower and Mortgage Eligibility | 50 |
| Credit | B | Title | 18 |
| Credit | B | Income / Employment | 7 |
| Credit | B | Credit | 5 |
| Credit | B | Loan Package Documentation | 5 |
| Credit | B | Income | 3 |
| Credit | B | Property - Appraisal | 3 |
| Credit | B | Missing Document | 1 |
| Credit | B | Asset | 1 |
| Credit | B | ***Total Credit Grade (B) Exceptions:*** | ***282*** |
| **Total Credit Exceptions:** | **Total Credit Exceptions:** | **Total Credit Exceptions:** | **282** |
| Property |  | Property - Appraisal | 3 |
| Property |  | ***Total Property Grade (B) Exceptions:*** | ***3*** |
| **Total Property Exceptions:** | **Total Property Exceptions:** | **Total Property Exceptions:** | **3** |
| **Grand Total:** | **Grand Total:** | **Grand Total:** | **348** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Three hundred eighteen (318) mortgage loans reviewed had 1,405 different tape discrepancies across 26 data fields (some mortgage loans had more than one data delta). The largest variances were found on PITIA Reserves Months, Escrow Account and Total Cash-out.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;32 | &nbsp;&nbsp;3.13% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;285 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;109 | &nbsp;&nbsp;317 | &nbsp;&nbsp;34.38% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;4 | &nbsp;&nbsp;32 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;102 | &nbsp;&nbsp;317 | &nbsp;&nbsp;32.18% | &nbsp;&nbsp;318 |

---

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![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;90 | &nbsp;&nbsp;285 | &nbsp;&nbsp;31.58% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;13 | &nbsp;&nbsp;317 | &nbsp;&nbsp;4.10% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;7 | &nbsp;&nbsp;24 | &nbsp;&nbsp;29.17% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;10 | &nbsp;&nbsp;135 | &nbsp;&nbsp;7.41% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;262 | &nbsp;&nbsp;285 | &nbsp;&nbsp;91.93% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;6 | &nbsp;&nbsp;137 | &nbsp;&nbsp;4.38% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;53 | &nbsp;&nbsp;161 | &nbsp;&nbsp;32.92% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Lender | &nbsp;&nbsp;31 | &nbsp;&nbsp;285 | &nbsp;&nbsp;10.88% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;7 | &nbsp;&nbsp;32 | &nbsp;&nbsp;21.88% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;317 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;14 | &nbsp;&nbsp;317 | &nbsp;&nbsp;4.42% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;9 | &nbsp;&nbsp;317 | &nbsp;&nbsp;2.84% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;20 | &nbsp;&nbsp;317 | &nbsp;&nbsp;6.31% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;34 | &nbsp;&nbsp;8.82% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;277 | &nbsp;&nbsp;285 | &nbsp;&nbsp;97.19% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;117 | &nbsp;&nbsp;285 | &nbsp;&nbsp;41.05% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;68 | &nbsp;&nbsp;285 | &nbsp;&nbsp;23.86% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;29 | &nbsp;&nbsp;317 | &nbsp;&nbsp;9.15% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;317 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;6 | &nbsp;&nbsp;148 | &nbsp;&nbsp;4.05% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;14 | &nbsp;&nbsp;317 | &nbsp;&nbsp;4.42% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;317 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;10 | &nbsp;&nbsp;317 | &nbsp;&nbsp;3.15% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;138 | &nbsp;&nbsp;147 | &nbsp;&nbsp;93.88% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;5 | &nbsp;&nbsp;317 | &nbsp;&nbsp;1.58% | &nbsp;&nbsp;318 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1405** | &nbsp;&nbsp;**7129** | &nbsp;&nbsp;**19.71%** | &nbsp;&nbsp;**318** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;317 | &nbsp;&nbsp;99.69% | &nbsp;&nbsp;$175739682.00 | &nbsp;&nbsp;98.87% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.31% | &nbsp;&nbsp;$1999999.00 | &nbsp;&nbsp;1.13% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &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;318 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$177739681.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &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: Home Improvement/Renovation | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.31% | &nbsp;&nbsp;$444875.00 | &nbsp;&nbsp;0.25% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;141 | &nbsp;&nbsp;44.34% | &nbsp;&nbsp;$84126403.00 | &nbsp;&nbsp;47.33% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;15 | &nbsp;&nbsp;4.72% | &nbsp;&nbsp;$7294526.00 | &nbsp;&nbsp;4.10% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;133 | &nbsp;&nbsp;41.82% | &nbsp;&nbsp;$70024837.00 | &nbsp;&nbsp;39.40% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;28 | &nbsp;&nbsp;8.81% | &nbsp;&nbsp;$15849040.00 | &nbsp;&nbsp;8.92% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;311 | &nbsp;&nbsp;97.80% | &nbsp;&nbsp;$173733781.00 | &nbsp;&nbsp;97.75% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;7 | &nbsp;&nbsp;2.20% | &nbsp;&nbsp;$4005900.00 | &nbsp;&nbsp;2.25% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &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;166 | &nbsp;&nbsp;52.20% | &nbsp;&nbsp;$93477433.00 | &nbsp;&nbsp;52.59% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;27 | &nbsp;&nbsp;8.49% | &nbsp;&nbsp;$12595454.00 | &nbsp;&nbsp;7.09% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.52% | &nbsp;&nbsp;$6208450.00 | &nbsp;&nbsp;3.49% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;65 | &nbsp;&nbsp;20.44% | &nbsp;&nbsp;$37499019.00 | &nbsp;&nbsp;21.10% |
| &nbsp;&nbsp;Townhouse | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.31% | &nbsp;&nbsp;$291850.00 | &nbsp;&nbsp;0.16% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.63% | &nbsp;&nbsp;$867700.00 | &nbsp;&nbsp;0.49% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;26 | &nbsp;&nbsp;8.18% | &nbsp;&nbsp;$12096125.00 | &nbsp;&nbsp;6.81% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.52% | &nbsp;&nbsp;$6321500.00 | &nbsp;&nbsp;3.56% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;15 | &nbsp;&nbsp;4.72% | &nbsp;&nbsp;$8382150.00 | &nbsp;&nbsp;4.72% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &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;87 | &nbsp;&nbsp;27.36% | &nbsp;&nbsp;$64414335.00 | &nbsp;&nbsp;36.24% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;223 | &nbsp;&nbsp;70.13% | &nbsp;&nbsp;$108724596.00 | &nbsp;&nbsp;61.17% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.52% | &nbsp;&nbsp;$4600750.00 | &nbsp;&nbsp;2.59% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**318** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$177739681.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.2

**Exhibit 99.2**

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

![](ex99_001.gif)

**Valuation Report**

**Run Date - 5/5/2026 4:06:04 PM** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation 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** |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.20 |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.10 |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.60 |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 3.70 |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | -8.330% | XXXX | Moderate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.30 |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120176 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 3.10 |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.60 |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.30 |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.10 |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.70 |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  |  |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.80 |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 5.00 |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.20 |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.360% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.20 |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.70 |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | 0.000% | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 4.60 |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.60 |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.40 |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.30 |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119942 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120016 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.30 |
| XXXX | XXXX | XXXX | 4350119924 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 4.20 |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | -16.170% | XXXX | High | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.10 |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.40 |
| XXXX | XXXX | XXXX | 4350119959 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.40 |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 2.190% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.80 |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.60 |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 3.00 |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.50 |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 3.80 |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.60 |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.50 |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX | -3.490% | XXXX | 0.04 | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -3.490% | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.60 |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.940% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.60 |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.30 |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.50 |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120008 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 4.50 |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.70 |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.10 |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120005 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 3.60 |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119958 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 3.40 |
| XXXX | XXXX | XXXX | 4350119938 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.90 |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.30 |
| XXXX | XXXX | XXXX | 4350119952 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 3.20 |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.490% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.30 |
| XXXX | XXXX | XXXX | 4350119973 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 14.290% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 5.00 |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.80 |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 4.60 |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.90 |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.20 |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 2.70 |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.90 |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.80 |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.20 |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.60 |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.710% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 999.00 |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.50 |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.30 |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.10 |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.570% | XXXX | XXXX | Desk Review | XXXX |  | High | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.50 |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 4.10 |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.490% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.30 |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 5.00 |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.50 |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 3.60 |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.30 |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | 0.000% | XXXX | Low | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.20 |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.080% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.30 |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 4.10 |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.90 |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | 4350120012 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119995 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.30 |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.880% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  |  |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.80 |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.20 |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.60 |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 4.00 |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.00 |
| XXXX | XXXX | XXXX | 4350120107 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.20 |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.00 |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | 4350120049 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.80 |
| XXXX | XXXX | XXXX | 4350120058 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120057 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120099 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 2.460% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.30 |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.60 |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120127 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.640% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.820% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.90 |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.370% | XXXX | XXXX | AVM | XXXX | 0.06 |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120136 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120066 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.90 |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.90 |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.40 |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 4.30 |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.40 |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -5.380% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.030% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.20 |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.350% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.70 |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 3.00 |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120145 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.90 |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.00 |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | 4350120112 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.00 |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | 4350120116 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 12.610% | XXXX | XXXX | AVM | XXXX | 0.02 |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.70 |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120175 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.910% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.70 |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.50 |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 3.40 |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.50 |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120155 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120158 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120161 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.70 |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119901 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350119898 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.20 |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.380% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | 4350120042 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.540% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | 4350119897 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.80 |
| XXXX | XXXX | XXXX | 4350120041 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.060% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | 4350120163 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | 4350119900 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.40 |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120149 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 9.380% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.00 |

---

## Exhibit 99.3

**Exhibit 99.3**

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

![](ex99_001.gif)

**Exception Grades**

**Run Date - 5/5/2026 4:06:04 PM** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **XXXX Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | 35157833 | 200222311-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 7.92%<br> Borrower's Own Funds Amount: XXXX<br>Debt Service Coverage Ratio: 1.89<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 771 | XXXX | Reviewer Comment (2026-04-13): Updated wire receipts provided. Sufficient funds for reserves and closing. Lender exception no longer required.<br>Reviewer Comment (2026-04-13): Wires provided. Sufficient funds in file.<br>Reviewer Comment (2026-02-05): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-01-20): Exception remains, additional asset needed for minimum reserve required.<br>Reviewer Comment (XXXX12-10): Unable to verify asset needed for required reserve. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | 35161738 | 200222311-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. |  |  |  |  | Reviewer Comment (2026-04-13): Updated wire receipts provided. Sufficient funds for reserves and closing. XXXXk check, XXXXk wire, XXXXk wire, XXXX wire = all required closing funds.<br>Reviewer Comment (2026-04-13): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX.<br>Reviewer Comment (2026-04-13): Please provide updated closing statement, email, or other verification the additional funds were applied to the transaction. Reference number on wires does not match title file numbers and pre-closing funds were not reflected on the closing statement.<br>Reviewer Comment (2026-03-23): Please provide additional assets to clear the exception. Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX.<br>Reviewer Comment (2026-02-09): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX.<br>Reviewer Comment (2026-02-05): Exception provided is for insufficient reserves. Documented qualifying Assets for Closing of XXXX is still less than Cash From Borrower XXXX.<br>Reviewer Comment (2026-01-20): Exception remains, additional asset needed for minimum reserve required.<br>Reviewer Comment (XXXX12-10): Unable to verify required asset for closing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | 35162424 | 200222311-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Primary residence has a private mortgage with an individual. VOM provided indicating 0x30; however, LOE from borrower indicates he pays cash. Unable to fully verify housing history. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 1.89<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 771 | XXXX | Reviewer Comment (XXXX12-04): Lender exception with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | 35985902 | 200222501-4513 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of organization is missing in file |  |  |  | Reviewer Comment (2026-03-19): Articles of organization provided.<br>Seller Comment (2026-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | 35985903 | 200222501-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of good standing is missing in file |  |  |  | Reviewer Comment (2026-03-19): Certificate of good standing provided.<br>Seller Comment (2026-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | 35985906 | 200222501-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification document is missing in file |  |  |  | Reviewer Comment (2026-03-19): EIN provided.<br>Seller Comment (2026-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | 35985908 | 200222501-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating agreement is missing in file |  |  |  | Reviewer Comment (2026-04-15): Received correspondence from Lender that partnership is 50/50.<br>Seller Comment (2026-04-15): (Rate Lock) The attorney that wrote up the operating agreement said that it didn't need to be on the operating agreement because it is a partnership and by XXXX law a partnership is 50/50.?<br>Reviewer Comment (2026-04-08): Operating agreement provided does not show members' ownership percentages in business entity. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | 36009607 | 200222501-2896 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  |  |  |  |  | Reviewer Comment (2026-03-19): Note Addendum - Prepayment provided.<br>Seller Comment (2026-03-17): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | Yes |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35304184 | 200222752-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower starting Self employed business on XXXX which does not meet the 2 years S/E requirement. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 26.62%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-01): Regraded to EV2-B based on lender exception identifying sufficient compensating factors.<br>Reviewer Comment (2026-02-03): Loan file is still missing borrower's verification of employment to show borrower has been employed in the same line of work for XXXX.<br>Reviewer Comment (2026-01-08): Third party verification was not provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35304198 | 200222752-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. |  |  |  | Reviewer Comment (2026-01-08): E-sing consent was provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35305367 | 200222752-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-01-21): XXXX received lender exception letter and rate lock comparison for change in pricing due to change in product.<br>Reviewer Comment (2026-01-06): XXXX: The COC that was provided in the trailing images was also provided in the original loan package. but it does not give sufficient information on what impacts and why the pricing changed to charged 2.5% from borrower. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2026-01-05): (Rate Lock) Product change and exception added please see comments on lock for changes | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35316004 | 200222752-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX The Work Number - Income | Third Party Verification borrower was in the same line of work for XXXX prior to becoming self employed dated before closing not provided. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 26.62%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-01): Regraded to EV2-B based on lender exception identifying sufficient compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35316005 | 200222752-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third Party Verification borrower was in the same line of work for XXXX prior to becoming self employed dated before closing not provided. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 26.62%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-01): Regraded to EV2-B based on lender exception identifying sufficient compensating factors.<br>Reviewer Comment (2026-01-08): Third party verification of employment with start date is missing. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35316006 | 200222752-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Third Party Verification borrower was in the same line of work for XXXX prior to becoming self employed dated before closing not provided. |  |  |  | Reviewer Comment (2026-04-01): Loan is NonQM<br>Reviewer Comment (2026-01-08): Third party verification of employment with start date is missing. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35316007 | 200222752-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third Party Verification borrower was in the same line of work for XXXX prior to becoming self employed dated before closing not provided. |  |  |  | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-01): Regraded to EV2-B based on lender exception identifying sufficient compensating factors.<br>Reviewer Comment (2026-03-27): Document provided showing borrower employment history of at least XXXX is dated post close.<br>Reviewer Comment (2026-02-03): Loan file is still missing borrower's verification of employment to show borrower has been employed in the same line of work for XXXX.<br>Reviewer Comment (2026-01-30): Verification of employment provided is dated post close and the employers listed do not match the employers listed on the loan application.<br>Reviewer Comment (2026-01-14): The Verification of employment provided does not include the following information per the guidelines:<br> • Name and title of the person who completed the verification for the employer<br> • Date of the call, and<br> • The source of the phone number.<br>Reviewer Comment (2026-01-08): Third party verification of employment with start date is missing. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | 35316008 | 200222752-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third Party Verification borrower was in the same line of work for XXXX prior to becoming self employed dated before closing not provided. |  |  |  | Reviewer Comment (2026-04-01): Loan is NonQM<br>Reviewer Comment (2026-03-27): Document provided showing borrower employment history of at least XXXX is dated post close.<br>Reviewer Comment (2026-01-14): The Verification of employment provided does not include the following information per the guidelines:<br> • Name and title of the person who completed the verification for the employer<br> • Date of the call, and<br> • The source of the phone number.<br>Reviewer Comment (2026-01-08): Third party verification of employment with start date is missing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | 35720299 | 200222800-23383 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Note document address is not matching with Hazard Insurance document. Note document showing "XXXX XXXX" Hazard insurance reflecting as "XXXX". |  |  |  | Reviewer Comment (2026-04-13): Corrected Hazard Insurance document provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | 35720314 | 200222800-23387 | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Note document address is not matching with Flood Insurance document. Note document showing "XXXX XXXX" Flood insurance reflecting as "XXXX # XXXX". |  |  |  | Reviewer Comment (2026-03-09): Received corrected flood certificate in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | 35723060 | 200222800-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject was listed for sale at time of origination. | The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | The DSCR of 1.25 is greater than the minimum required DSCR of 1.00.<br>Borrower's Experience/Track Record. The borrower has: 7 Years of Experience. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-02-05): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | 35723483 | 200222800-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard insurance coverage shortfall is XXXX. |  |  |  | Reviewer Comment (2026-04-13): Checklist provided.<br>Reviewer Comment (2026-02-12): Insurance provided shows a Dwelling of XXXX. It still has a coverage shortfall of XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | 35789854 | 200222913-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject's design is considered as unique being a ;multi-faceted style home. <br> The appraiser notesXXXXthough no similar multi-faceted homes were discovered in this analysis, an adjustment for design is not warranted. <br> The appraiser has provided a list of historical multi-faceted home sales within the addendum to show adjustment is not warranted however none have recently sold. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 55.87<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 54.92%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 719 | XXXX | Reviewer Comment (2026-02-11): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | 35605847 | 200222990-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Own Funds Percent: 23.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 720<br> Representative FICO: 720<br>Borrower owns 3+ properties at the same time and is an experienced investor<br>Housing history is 0x30x24 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-08): (Rate Lock) Updated CF provided<br>Reviewer Comment (2026-04-02): Maximum LTV is 70%, not 75% for borrower's credit score on .75-.99 matrix. Score is not a CF. Request needs to be updated to show 70% max, not 75%, and additional CF.<br>Reviewer Comment (2026-01-27): PITIA reserves are 8.37 months, 6 months reserves are required by guidelines. Verified monthly reserves are less than 4 months guidelines minimum. Compensating factor cannot be used.<br>Seller Comment (2026-01-27): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | 35616604 | 200222990-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Calculated LTV of 80% exceeds guidelines max LTV of 70% for DSCR less than 1 with a FICO score of 720. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Own Funds Percent: 23.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 720<br> Representative FICO: 720<br>Borrower owns 3+ properties at the same time and is an experienced investor<br>Housing history is 0x30x24 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-08): (Rate Lock) Updated CF provided<br>Reviewer Comment (2026-04-02): Maximum LTV is 70%, not 75% for borrower's credit score on .75-.99 matrix. Score is not a CF. Request needs to be updated to show 70% max, not 75%, and additional CF.<br>Reviewer Comment (2026-02-02): With DSCR of 0.83 max LTV is 70% with a score of 720. Borrower credit score was 720. Comp factors provided do not apply.<br>Reviewer Comment (2026-01-27): PITIA reserves are 8.37 months, 6 months reserves are required by guidelines. Verified monthly reserves are less than 4 months guidelines minimum. Compensating factor cannot be used.<br>Seller Comment (2026-01-27): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | 35616605 | 200222990-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated CLTV of 80% exceeds guidelines max CLTV of 70% for DSCR less than 1 with a FICO score of 720. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record<br>Miscellaneous | Borrower's Own Funds Percent: 23.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 720<br> Representative FICO: 720<br>Borrower owns 3+ properties at the same time and is an experienced investor<br>Housing history is 0x30x24 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-08): (Rate Lock) Updated CF provided<br>Reviewer Comment (2026-04-02): Maximum LTV is 70%, not 75% for borrower's credit score on .75-.99 matrix. Score is not a CF. Request needs to be updated to show 70% max, not 75%, and additional CF.<br>Reviewer Comment (2026-01-27): PITIA reserves are 8.37 months, 6 months reserves are required by guidelines. Verified monthly reserves are less than 4 months guidelines minimum. Compensating factor cannot be used.<br>Seller Comment (2026-01-27): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | 35619204 | 200236051-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement | Mortgage Statement is not provided for XXXX. |  |  |  | Reviewer Comment (2026-03-20): Mortgage statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | 35619209 | 200236051-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Statement | Mortgage Statement is not provided for XXXX XXXX. |  |  |  | Reviewer Comment (2026-04-27): Received mortgage statement in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | 35619217 | 200236051-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Rd, XXXXXXXX Statement | Mortgage Statement is not provided for XXXX Rd. |  |  |  | Reviewer Comment (2026-03-20): Mortgage statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | 35638713 | 200236051-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX CPA Letter | File is missing verification of business entity within 120 days prior to note date. Verification of ownership percentage of business was not provided. |  |  |  | Reviewer Comment (2026-05-01): Received document showing business percentage in trailing docs.<br>Reviewer Comment (2026-02-09): Received third party verification in trailing docs, however, document showing borrower's ownership percentage is still missing and required. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | 35642591 | 200236051-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing verification of business entity within 120 days prior to note date. Verification of ownership percentage of business was not provided. REO documentation missing. Mortgage Statement is not provided for XXXX Rd, XXXX XXXX and XXXX. |  |  |  | Reviewer Comment (2026-05-01): Received document showing business percentage in trailing docs.<br>Reviewer Comment (2026-04-16): Received third party verification in trailing docs, however, document showing borrower's ownership percentage is still missing and required. Missing XXXX mtg statement. XXXX provided.<br>Reviewer Comment (2026-02-09): Received third party verification in trailing docs, however, document showing borrower's ownership percentage is still missing and required. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | 36169568 | 200236083-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing was not provided. State filing document provided is not dated. |  |  |  | Reviewer Comment (2026-04-22): Received cert of good standing in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | 36176067 | 200236097-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | DSCR is less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.75<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 799 | XXXX | Reviewer Comment (2026-03-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | 36176068 | 200236097-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | LTV greater than 65% on a cash out refi with a DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.75<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 799 | XXXX | Reviewer Comment (2026-03-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | 36176069 | 200236097-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | LTV greater than 65% on a cash out refi with a DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.75<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 799 | XXXX | Reviewer Comment (2026-03-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | 35924762 | 200236107-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 659 is less than Guideline representative FICO score of 660. | Representative FICO score of 659 is less than Guideline representative FICO score of 660 | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 34.59<br> Guideline Requirement: 6.00<br>DTI: 33.00467% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | 35936617 | 200236107-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to DTI mismatch. Lender used expense ratio for service business. Business sector is product. |  |  |  | Reviewer Comment (2026-04-28): Received business narrative in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | 35936619 | 200236107-25035 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (XXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 82.51170% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Waterfall due to DTI mismatch. Lender used expense ratio for service business. Business sector is product. |  |  |  | Reviewer Comment (2026-04-28): Received business narrative in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | 35936648 | 200236107-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 82.51170% exceeds Guideline total debt ratio of 55.00000%. | DTI mismatch due to lender using expense ratio for service business. Business sector is product. |  |  |  | Reviewer Comment (2026-04-28): Received business narrative in trailing docs.<br>Reviewer Comment (2026-04-27): Business Narrative provided shows product business. Exception remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | 35936679 | 200236107-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to DTI mismatch. Lender used expense ratio for service business. Business sector is product. |  |  |  | Reviewer Comment (2026-04-28): Received business narrative in trailing docs.<br>Reviewer Comment (2026-04-27): Business Narrative provided shows product business. Exception remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | 35934125 | 200236180-2223 | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis) | XXXX Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. |  |  |  |  | Reviewer Comment (2026-03-06): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-05): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | 35934126 | 200236180-31469 | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided Timely) | XXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure at Closing. | Right Not To Close Disclosure was signed by borrower on XXXX which was after closing date of XXXX. |  |  |  | Reviewer Comment (2026-03-06): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-05): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | 35934127 | 200236180-2666 | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. |  |  |  | Reviewer Comment (2026-03-16): Received the final settlement statement with the correct disbursement date in trailing docs.<br>Reviewer Comment (2026-03-13): Please provide a certified true copy of the Final settlement statement. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | 35934128 | 200236180-2647 | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). |  |  |  |  | Reviewer Comment (2026-04-02): XXXX received Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form.<br>Reviewer Comment (2026-03-31): Borrower still to receive package. We are unable to clear until borrower has received the package.<br>Seller Comment (2026-03-28): (Rate Lock) Doc provided<br>Reviewer Comment (2026-03-26): Letter of explanation was not delivered to borrower by XXXX 25. Expiration date of XXXX is therefore invalid. The rescission expiration date should be at least 3 business days from the time borrowers receive the Notice.<br>Reviewer Comment (2026-03-16): Right To Cancel Expiration date is XXXX and should be XXXX. Please provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form.<br>Reviewer Comment (2026-03-13): Please provide a certified true copy of the Final settlement statement. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | 35934455 | 200236180-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX NSFs/ODs in the last 12 months and the guideline max is 5. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX. | DTI: 40.28085% <br> Guideline Maximum DTI: 55.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Disposable Income: XXXX | XXXX | Reviewer Comment (2026-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 35986220 | 200236182-23931 | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | A copy of the final title policy was not found in the file. |  |  |  | Reviewer Comment (2026-04-08): Received final title in trailing docs. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 35986221 | 200236182-32065 | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy is within XXXX and does not reflect a coverage amount. A final title policy was not found in the file. Unable to determine if appropriate coverage is provided. |  |  |  | Reviewer Comment (2026-04-08): Received final title in trailing docs.<br>Seller Comment (2026-04-06): See attached correct title policy<br>Reviewer Comment (2026-04-01): Title provided is not for the subject property. Please review.<br>Reviewer Comment (2026-03-25): The Preliminary title policy is within XXXX and does not reflect a coverage amount. A final title policy was not found in the file. Unable to determine if appropriate coverage is provided.<br>Reviewer Comment (2026-03-25): Cleared. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 35986223 | 200236182-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (2026-03-25): E-sign consent provided.<br>Seller Comment (2026-03-24): (Rate Lock) 3/24 - See attached Loan Summary Report confirming eConsent by borrower. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 35986239 | 200236182-2800 | XXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  |  |  |  |  | Reviewer Comment (2026-03-25): Credit report provided. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 35986241 | 200236182-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-03-25): Evidence borrower received appraisal provided. System cleared.<br>Seller Comment (2026-03-24): (Rate Lock) 3/24 - See attached Loan Summary Report confirming date appraisal was provided to borrower. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | 36009679 | 200236182-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Residual income worksheet is required on all loans with a DTI greater than 45% and it is missing from the file. |  |  |  | Reviewer Comment (2026-03-25): Provided.<br>Seller Comment (2026-03-24): (Rate Lock) 3/24 - See attached Residual Income Worksheet. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | 36100945 | 200236198-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Proof of Appraisal delivery report is not available in file for Appraisal Report date XXXX. |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | 36100946 | 200236198-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Proof of Appraisal delivery report is not available in file for Secondary Appraisal Report date XXXX. |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | 36100947 | 200236198-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional/XXXX) | Proof of Appraisal delivery report is not available in file for Additional Appraisal Report date XXXX. |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | 36105420 | 200236198-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Verification that the withdrawal of funds for the transaction from business account will not have a negative impact on the business and its continued operations was not provided. |  |  |  | Reviewer Comment (2026-04-13): CFA provided.<br>Seller Comment (2026-04-09): (Rate Lock) CFA provided showing no negative impact<br>Reviewer Comment (2026-03-31): The CPA letter states borrower may take distributions of XXXX from the business account subject to any legal or corporate limitations. Guidelines require confirmation that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations. This was not provided.<br>Seller Comment (2026-03-30): (Rate Lock) There's a CPA letter that states the borrower can use up to XXXX from the business account. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | 36105539 | 200236198-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Verification that the withdrawal of funds for the transaction from business account will not have a negative impact on the business and its continued operations was not provided. |  |  |  | Reviewer Comment (2026-04-13): CFA provided.<br>Seller Comment (2026-04-09): (Rate Lock) CFA provided showing no negative impact<br>Reviewer Comment (2026-03-31): The CPA letter states borrower may take distributions of XXXX from the business account subject to any legal or corporate limitations. Guidelines require confirmation that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations. This was not provided.<br>Seller Comment (2026-03-30): (Rate Lock) There's a CPA letter that states the borrower can use up to XXXX from the business account. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | 36093998 | 200236209-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (2026-03-26): Received evidence of receipt in trailing docs.<br>Seller Comment (2026-03-24): (Rate Lock) 3/23 - See attached Loan Summary Report confirming date appraisal was provided to borrower. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | 36154797 | 200236209-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | Evidence of receipt of the appraisal with report date of XXXX was not provided. |  |  |  | Reviewer Comment (2026-04-06): Proof of receipt of appraisal provided. System cleared.<br>Seller Comment (2026-04-02): (Rate Lock) See attached screen shots of Valuation Doc Tracking in LOS, reflecting sent date of XXXX for the report in question (top line). The loan summary report previously sent only captures the last of the reports sent. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | 35701435 | 200236250-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Cash-out on R/T refinance of XXXX is greater than the lesser of 2% of the loan amount or XXXX. |  |  |  | Reviewer Comment (2026-02-09): Updated CD entry.<br>Seller Comment (2026-02-05): (Rate Lock) Borrower is not getting over XXXX cash back. Final CD and escrow settlement statement balance, showing borrower getting #XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | 35714515 | 200236250-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide corrected CPA letter. Name of borrower's business on the CPA letter is not the same as the name of the business on the SOS documents. Additional exception may apply with receipt of docuemnts. |  |  |  | Reviewer Comment (2026-04-29): CPA confirmed business name. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | 35714517 | 200236250-27655 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | Provide 2 months business bank statements as required by Guidelines. |  |  |  | Reviewer Comment (2026-02-25): Received bank statements in trailing docs.<br>Seller Comment (2026-02-23): (Rate Lock) Statement provided<br>Reviewer Comment (2026-02-13): Bank statements for XXXX and XXXX for account XXXX was not provided. Borrower was qualified with 12months bank statements, 10 months bank statements were provided.<br>Seller Comment (2026-02-12): (Rate Lock) Borrower's business is run out of the personal account - there is no business statements to provide. Guidelines only state "generally the most recent 2 months business bank statements are provided" but doesn't state this is a requirement as not all businesses run out of business accounts. We followed the correct expense ratio for the business since it didn't have the 2 months business bank statements. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | 35724803 | 200236250-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | Guidelines require business bank statements to support income when personal bank statements are used. Business bank statements are missing. |  |  |  | Reviewer Comment (2026-02-25): Received bank statements in trailing docs.<br>Seller Comment (2026-02-23): (Rate Lock) Statement provided<br>Reviewer Comment (2026-02-23): Bank statement ending in XXXX was not provided.<br>Reviewer Comment (2026-02-13): Bank statements for XXXX and XXXX for account XXXX was not provided. Borrower was qualified with 12months bank statements, 10 months bank statements were provided.<br>Seller Comment (2026-02-12): (Rate Lock) Borrower's business is run out of the personal account - there is no business statements to provide. Guidelines only state "generally the most recent 2 months business bank statements are provided" but doesn't state this is a requirement as not all businesses run out of business accounts. We followed the correct expense ratio for the business since it didn't have the 2 months business bank statements. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | 35771965 | 200236261-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Award Letter / Continuance Letter | File is missing documentation to verify the PITI and rental income for XXXX property. File is also missing an ward letter to verify borrower's pension payment. |  |  |  | Reviewer Comment (2026-04-13): Pension excluded from qualifying income.<br>Seller Comment (2026-04-09): (Rate Lock) Please remove pension income - 10XXXX1008 attached<br>Reviewer Comment (2026-02-25): Documentation provided does not show income payment to the borrower. Please provide proof of monthly receipt of income, W-2, bank statement, or 1099.<br>Reviewer Comment (2026-02-25): Verification of PITIA and pension income provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | 35771974 | 200236261-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX St, XXXXXXXX Insurance Verification, Lease Agreement, Statement | File is missing documentation to verify the PITI and rental income for XXXX property. |  |  |  | Reviewer Comment (2026-02-25): Documentation provided does not show income payment to the borrower. Please provide proof of monthly receipt of income, W-2, bank statement, or 1099.<br>Reviewer Comment (2026-02-25): Verification of PITIA provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | 35771987 | 200236261-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing documentation to verify the PITI and rental income for XXXX property. File is also missing an ward letter to verify borrower's pension payment. |  |  |  | Reviewer Comment (2026-04-13): Pension excluded from qualifying income.<br>Seller Comment (2026-04-09): (Rate Lock) Please remove pension income - 10XXXX1008 attached<br>Reviewer Comment (2026-02-25): Documentation provided does not show income payment to the borrower. Please provide proof of monthly receipt of income, W-2, bank statement, or 1099.<br>Reviewer Comment (2026-02-25): Verification of PITIA and pension income provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | 35790020 | 200236261-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for tax certs show XXXX St, however, it is confirmed with the appraisal, XXXX, and location that the property is actually XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 67.60<br> Guideline Requirement: 6.00<br>DTI: 35.55644% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 794 | XXXX | Reviewer Comment (2026-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-02-23): (Rate Lock) Please advise what is needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | 35919396 | 200236261-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Award Letter / Continuance Letter | Documentation provided does not show income payment to the borrower. Please provide proof of monthly receipt of income, W-2, bank statement, or 1099. |  |  |  | Reviewer Comment (2026-04-13): Pension excluded from qualifying income.<br>Seller Comment (2026-04-09): (Rate Lock) Please remove pension income - 10XXXX1008 attached | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | 36147639 | 200236363-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 6 overdraft fees on bank statements used for qualification. | Borrower has verified disposable income of at least XXXX.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Miscellaneous | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | 36147719 | 200236363-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a unique property. Subject is a log cabin. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | 36198083 | 200236363-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower's income has significantly decreased and the file contains no explanation for declining income. Please provide a letter of explanation and acceptable supporting documentation per guidelines. |  |  |  | Reviewer Comment (2026-04-15): Received LOE in trailing docs.<br>Reviewer Comment (2026-04-08): Please provide personal bank statements to support the business deposits made in the personal account. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36101263 | 200236364-40776 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Initial Closing Disclosure was issued less than 6 days prior to closing. |  |  |  | Reviewer Comment (2026-03-23): XXXX received XXXX CD received 3 business days prior to consummation.<br>Seller Comment (2026-03-23): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36105882 | 200236364-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance was exceeded for Administration Fee. Fee amount of XXXX exceeds tolerance of XXXX. XXXX over the legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-15): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2026-04-14): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36110316 | 200236364-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing third party verification of borrower ownership percentage in business entity. |  |  |  | Reviewer Comment (2026-03-26): Third party verification of borrower ownership percentage in business provided. System cleared.<br>Seller Comment (2026-03-26): (Rate Lock) EIN showing sole member provided<br>Reviewer Comment (2026-03-25): Provided CPA letter is not dated.<br>Seller Comment (2026-03-23): (Rate Lock) CPA letter confirming borrower owns 100% | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36110317 | 200236364-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing third party verification of borrower ownership percentage in business entity. |  |  |  | Reviewer Comment (2026-03-26): Third party verification of borrower ownership percentage in business provided. System cleared.<br>Seller Comment (2026-03-26): (Rate Lock) EIN showing sole member provided<br>Reviewer Comment (2026-03-25): Provided CPA letter is not dated.<br>Seller Comment (2026-03-23): (Rate Lock) CPA letter confirming borrower owns 100% | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36110326 | 200236364-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing third party verification of borrower ownership percentage in business entity. |  |  |  | Reviewer Comment (2026-03-26): Third party verification of borrower ownership percentage in business provided. System cleared.<br>Seller Comment (2026-03-26): (Rate Lock) EIN showing sole member provided<br>Reviewer Comment (2026-03-25): Provided CPA letter is not dated.<br>Seller Comment (2026-03-23): (Rate Lock) CPA letter confirming borrower owns 100% | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36110343 | 200236364-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Third party verification of borrower ownership percentage in business entity was not provided. |  |  |  | Reviewer Comment (2026-03-26): Third party verification of borrower ownership percentage in business provided.<br>Seller Comment (2026-03-26): (Rate Lock) EIN showing sole member provided<br>Reviewer Comment (2026-03-25): Provided CPA letter is not dated.<br>Seller Comment (2026-03-23): (Rate Lock) CPA letter confirming borrower owns 100% | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | 36110357 | 200236364-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification of borrower ownership percentage in business entity was not provided |  |  |  | Reviewer Comment (2026-03-26): Third party verification of borrower ownership percentage in business provided.<br>Seller Comment (2026-03-26): (Rate Lock) EIN showing sole member provided<br>Reviewer Comment (2026-03-25): Provided CPA letter is not dated.<br>Seller Comment (2026-03-23): (Rate Lock) CPA letter confirming borrower owns 100% | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | 36170435 | 200236383-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rent free borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 40.89<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | 36170440 | 200236383-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a first time investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 40.89<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | 36104125 | 200236389-7894 | XXXX | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines | Document: Assignment of Leases/Rents | Assignment of Leases/Rents is not in the file |  |  |  | Reviewer Comment (2026-05-01): Received rider in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | 36104150 | 200236389-4064 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided |  | Assignment of Leases/Rents rider is missing in the file |  |  |  | Reviewer Comment (2026-05-01): Received rider in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | 36110872 | 200236389-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Delayed financing. Borrowers used loan proceeds from the refinance of another investment property to purchase the subject property in XXXX. Requesting approval to waive the payoff of the non-subject mortgage. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 780<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | 36112028 | 200236397-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender Exception in file allowing DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Reserves: 48.37<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | 36129996 | 200236397-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 69.73214% exceeds Guideline loan to value percentage of 65.00000%. | LTV exceeds the Guidelines minimum for DSCR less than 1.0. |  |  |  | Reviewer Comment (2026-04-03): Updated based on Lender Exception using 1.00 Matrix.<br>Reviewer Comment (2026-04-03): Lender exception provided does not address LTV. Please provide an updated lender exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | 36130002 | 200236397-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 69.73214% exceeds Guideline combined loan to value percentage of 65.00000%. | CLTV exceeds the Guidelines minimum for DSCR less than 1.0. |  |  |  | Reviewer Comment (2026-04-03): Updated based on Lender Exception using 1.00 Matrix.<br>Reviewer Comment (2026-04-03): Lender exception provided does not address CLTV. Please provide an updated lender exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | 36164055 | 200236443-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Miscellaneous<br>The representative FICO score exceeds the guideline minimum by XX points. | Housing payment history is 0x30x24 or better<br>The representative FICO score exceeds the guideline minimum by 19 points. | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-07): (Rate Lock) Additional CF added<br>Reviewer Comment (2026-03-27): Borrower has 759 FICO score, guideline minimum FICO for DSCR < 1 is 740. FICO score is only 19 points more than required. please provide more compensating factors for downgrade. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | 36144642 | 200236446-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First-time investor with a DSCR below 1.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 799<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | 36052242 | 200236472-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Supporting appraisal comparables in file do not contain accessory units as required by guidelines. |  |  |  | Reviewer Comment (2026-03-25): Supporting appraisal comparables contain ADUs.<br>Seller Comment (2026-03-23): (Rate Lock) See comp 4-6 and appraisers comments on 2nd page of the text addendum to address them | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | 36052292 | 200236472-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Market Rent Survey 1007 documenting rental income for the ADU was not provided. |  |  |  | Reviewer Comment (2026-03-25): 1007 provided.<br>Seller Comment (2026-03-23): (Rate Lock) On the 1007 under the Final Reconciliation of Market Rent the appraiser breaks down the rents | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | 36052313 | 200236472-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower did not provide attestation regarding their intentions to rent the ADU. |  |  |  | Reviewer Comment (2026-04-07): Letter on renting ADU provided.<br>Reviewer Comment (2026-03-25): To use rental income from an ADU, guidelines require borrower to provide attestation regarding their intentions to rent the ADU. This was not provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36094585 | 200236473-40769 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | No evidence of receipt of Closing Disclosure issued XXXX. |  |  |  | Reviewer Comment (2026-03-23): Upon further review APR is acceptable.<br>Seller Comment (2026-03-20): Please remove that CD from timeline. XXXX did not generate or provide a CD dated XXXX to the borrower. This CD is not in our timeline. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36094586 | 200236473-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Transfer Tax Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure. |  |  |  | Reviewer Comment (2026-03-23): XXXX received a vald COC.<br>Seller Comment (2026-03-20): See attached VCOC loan amount increased increasing transfer tax | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36094591 | 200236473-4931 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. |  |  |  | Reviewer Comment (2026-03-23): While one-time tax cert prior to closing is NOT a finance charge, life of loan tax service is a finance charge. There is only one tax cert fee on the CD, and we are unable to determine if this charge includes life of loan tax service, therefore, the entire amount is included as a finance charge. If tax cert fee does not include life of loan tax service and is only for one time upfront tax service, please provide invoice or attestation noting the fee as a one-time fee or a life of loan fee in order to determine if any portion of the fee is excludable from finance charges.<br>Reviewer Comment (2026-03-23): XXXX received comment in regard to XXXX CD.<br>Seller Comment (2026-03-20): Please remove that CD from timeline. XXXX did not generate or provide a CD dated XXXX to the borrower. This CD is not in our timeline. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Good Faith Redisclosure C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36094592 | 200236473-34956 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX. |  |  |  | Reviewer Comment (2026-03-31): XXXX received documentation that tax certificate is a one-time fee.<br>Seller Comment (2026-03-30): See attached from attorney who ordered title.<br>Reviewer Comment (2026-03-25): Please provide invoice or attestation noting the fee as a one-time fee or a life of loan fee. An email form title confirming the fee is a one-time fee is sufficient.<br>Seller Comment (2026-03-24): This is a onetime upfront tax service fee. Please exclude from the finance charge.<br>Reviewer Comment (2026-03-23): While one-time tax cert prior to closing is NOT a finance charge, life of loan tax service is a finance charge. There is only one tax cert fee on the CD, and we are unable to determine if this charge includes life of loan tax service, therefore, the entire amount is included as a finance charge. If tax cert fee does not include life of loan tax service and is only for one time upfront tax service, please provide invoice or attestation noting the fee as a one-time fee or a life of loan fee in order to determine if any portion of the fee is excludable from finance charges.<br>Seller Comment (2026-03-20): The Tax cert fee is not a finance charge and should not be included in the calculation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36094593 | 200236473-4376 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX. |  |  |  | Reviewer Comment (2026-03-31): XXXX received documentation that tax certificate is a one-time fee.<br>Seller Comment (2026-03-30): See trailing attestation<br>Reviewer Comment (2026-03-25): Please provide invoice or attestation noting the fee as a one-time fee or a life of loan fee. An email form title confirming the fee is a one-time fee is sufficient.<br>Seller Comment (2026-03-24): This is a onetime upfront tax service fee. Please exclude from the finance charge.<br>Reviewer Comment (2026-03-23): While one-time tax cert prior to closing is NOT a finance charge, life of loan tax service is a finance charge. There is only one tax cert fee on the CD, and we are unable to determine if this charge includes life of loan tax service, therefore, the entire amount is included as a finance charge. If tax cert fee does not include life of loan tax service and is only for one time upfront tax service, please provide invoice or attestation noting the fee as a one-time fee or a life of loan fee in order to determine if any portion of the fee is excludable from finance charges.<br>Seller Comment (2026-03-20): The Tax Certificate fee is not to be included int he finance charges this is a bona 3rd party fee. Lender does not require this charge. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36098739 | 200236473-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Change of circumstance dated XXXX provided does not indicate reason of loan amount change, thus not valid. |  |  |  | Reviewer Comment (2026-03-23): XXXX received a vald COC.<br>Seller Comment (2026-03-20): See trailing VCOC loan amount increased | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36099048 | 200236473-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require 12 months personal bank statements and three months business statements when using personal statements to qualify. Eleven months of personal statements received and one month business statement. Business statement received is from a corporation our borrower owns. Per CPA letter borrower is 1099 employee of XXXX LLC. Borrower provided letter of explanation for use of one month business bank statement provided as his 1099 employer deposited funds in incorrect account. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Loan to Value: 62.50000%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-21): See attached Lender Exception<br>Reviewer Comment (2026-04-07): This exception has been elevated for further review.<br>Seller Comment (2026-04-03): See attached UW Mgr. attestation.<br>Reviewer Comment (2026-03-27): Guidelines allow 12 months personal bank statements or 12 months business bank statements. Per guidelines, there is no allowance for mixing the 2 statements. Lender exception with compensating factors uploaded to the loan file would be required.<br>Seller Comment (2026-03-24): The borrower is an independent contractor for XXXX, LLC (Verification is found in the file).<br>The borrower is using his personal and business account for the deposits from this source. We used only income deposited to the accounts from XXXX to calculate income.<br>The requirement for business bank statements when using personal statements is to source the deposits coming from the business account and we would use a 0 % expense factor.<br>In this case we used both personal and business to calculate income deposited to both accounts from the 1 source the borrower is consulting for and applied a 20% expense factor as per the CPA letter provided.<br>Reviewer Comment (2026-03-24): 12 months personal bank statements provided, however, three months business bank statements required by guidelines are missing in file.<br>Seller Comment (2026-03-20): See attached personal and business bank statements | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36099996 | 200236473-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non-Warrantable Condo - Project is undergoing repairs related to the 40-Yr Recertification inspection, has some dues 60 days delinquent, and pending litigation. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | Reviewer Comment (2026-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36100998 | 200236473-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Guidelines require 12 months personal bank statements and three months business statements when using personal statements to qualify. Eleven months of personal statements received and one month business statement. Business statement received is from a corporation our borrower owns. Per CPA letter borrower is 1099 employee of XXXX LLC. Borrower provided letter of explanation for use of one month business bank statement provided as his 1099 employer deposited funds in incorrect account. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Loan to Value: 62.50000%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-21): See attached Lender Exception<br>Reviewer Comment (2026-04-07): This exception has been elevated for further review.<br>Seller Comment (2026-04-03): See attached UW Mgr. attestation.<br>Reviewer Comment (2026-03-27): Guidelines allow 12 months personal bank statements or 12 months business bank statements. Per guidelines, there is no allowance for mixing the 2 statements. Lender exception with compensating factors uploaded to the loan file would be required.<br>Seller Comment (2026-03-24): The borrower is an independent contractor for XXXX, LLC (Verification is found in the file).<br>The borrower is using his personal and business account for the deposits from this source. We used only income deposited to the accounts from XXXX to calculate income.<br>The requirement for business bank statements when using personal statements is to source the deposits coming from the business account and we would use a 0 % expense factor.<br>In this case we used both personal and business to calculate income deposited to both accounts from the 1 source the borrower is consulting for and applied a 20% expense factor as per the CPA letter provided.<br>Reviewer Comment (2026-03-24): 12 months personal bank statements provided, however, three months business bank statements required by guidelines are missing in file.<br>Seller Comment (2026-03-20): See trailing docs for bank statements | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36101020 | 200236473-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing bank statements. |  |  |  | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (2026-04-21): See attached Lender Exception<br>Reviewer Comment (2026-04-07): This exception has been elevated for further review.<br>Seller Comment (2026-04-03): See attached UW Mgr. attestation.<br>Reviewer Comment (2026-03-27): Guidelines allow 12 months personal bank statements or 12 months business bank statements. Per guidelines, there is no allowance for mixing the 2 statements. Lender exception with compensating factors uploaded to the loan file would be required.<br>Seller Comment (2026-03-24): The borrower is an independent contractor for XXXX, LLC (Verification is found in the file).<br>The borrower is using his personal and business account for the deposits from this source. We used only income deposited to the accounts from XXXX to calculate income.<br>The requirement for business bank statements when using personal statements is to source the deposits coming from the business account and we would use a 0 % expense factor.<br>In this case we used both personal and business to calculate income deposited to both accounts from the 1 source the borrower is consulting for and applied a 20% expense factor as per the CPA letter provided.<br>Reviewer Comment (2026-03-24): 12 months personal bank statements provided, however, three months business bank statements required by guidelines are missing in file.<br>Seller Comment (2026-03-20): See trailing docs for bank statements | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36101021 | 200236473-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing bank statements. |  |  |  | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (2026-04-21): See attached Lender Exception<br>Reviewer Comment (2026-04-07): This exception has been elevated for further review.<br>Seller Comment (2026-04-03): See attached UW Mgr. attestation.<br>Reviewer Comment (2026-03-27): Guidelines allow 12 months personal bank statements or 12 months business bank statements. Per guidelines, there is no allowance for mixing the 2 statements. Lender exception with compensating factors uploaded to the loan file would be required.<br>Seller Comment (2026-03-24): See commentary from UW<br>Reviewer Comment (2026-03-24): 12 months personal bank statements provided, however, three months business bank statements required by guidelines are missing in file.<br>Seller Comment (2026-03-20): See trailing docs for bank statements | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | 36101022 | 200236473-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing bank statements. |  |  |  | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (2026-04-21): See attached Lender Exception<br>Reviewer Comment (2026-04-07): This exception has been elevated for further review.<br>Seller Comment (2026-04-03): See attached UW Mgr. attestation.<br>Reviewer Comment (2026-03-27): Guidelines allow 12 months personal bank statements or 12 months business bank statements. Per guidelines, there is no allowance for mixing the 2 statements. Lender exception with compensating factors uploaded to the loan file would be required.<br>Seller Comment (2026-03-24): See commentary from UW<br>Reviewer Comment (2026-03-24): 12 months personal bank statements provided, however, three months business bank statements required by guidelines are missing in file.<br>Seller Comment (2026-03-20): See trailing docs for bank statements | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | 36235808 | 200236483-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 798<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | 36170821 | 200236484-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Operating agreement for XXXX which owns XXXX XXXXs LLC was not provided. Unable to determine if borrower has signing authority on behalf of XXXX XXXXs. |  |  |  | Reviewer Comment (2026-04-22): Received tax transcripts showing borrower is sole member of the company.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is sole owner of XXXX XXXXs LLC | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | 36188404 | 200236484-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file is missing a corporate resolution to verify that the guarantor has the authority to bind the company on all owner's behalf. |  |  |  | Reviewer Comment (2026-04-22): Received tax transcripts showing borrower is sole member of the company. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35995578 | 200236487-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is insufficient by XXXX. Provide updated policy or provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (2026-03-18): Lender value provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35995748 | 200236487-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a reconsideration of value due to home being gutted and remodeled. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 116.06<br> Guideline Requirement: 6.00<br>DTI: 32.30462% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 715<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35995775 | 200236487-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower has 2 businesses. One-personal bank statement 12 months-XXXX 2-XXXX LLC. Opened business bank account in XXXX. The borrower put his XXXX income into his personal account prior to starting the business account. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 116.06<br> Guideline Requirement: 6.00<br>DTI: 32.30462% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 715<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35995811 | 200236487-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Lender credit was last disclosed as - XXXX on LE but disclosed as - XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (2026-04-02): XXXX received VCC.<br>Reviewer Comment (2026-03-27): The provided trailing change of circumstance document shows lender credit of - XXXX.<br>Seller Comment (2026-03-27): (Rate Lock) CIC from XXXX shows changes for pricing<br>Reviewer Comment (2026-03-27): Situasmc Agree Lender Credit XXXX disclosed on final CD; however, lender credit deceased from XXXX. Any decreased in lender credit should be supported by valid COC. A COC dated XXXX present in file, does not give sufficient information for lender credit decreased. In order to determine if the changed circumstance is valid more information is necessary on reason lender credit decreased and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2026-03-26): (Rate Lock) Final CD signed at close lender credit reflects - XXXX0.64<br>Reviewer Comment (2026-03-17): XXXX received COC dated XXXX but the reason provided for change in lender credit is not sufficient. Please provide more information on change in lender credit due to reduction in broker comp. or cure would be required. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999284 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account Num: XXXX / Statement End Date: XXXX |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 116.06<br> Guideline Requirement: 6.00<br>DTI: 32.30462% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 715<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999286 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account Num: XXXX / Statement End Date: XXXX |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 116.06<br> Guideline Requirement: 6.00<br>DTI: 32.30462% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 715<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999302 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account NumXXXX / Statement End Date: XXXX |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 116.06<br> Guideline Requirement: 6.00<br>DTI: 32.30462% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 715<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999303 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account NumXXXX / Statement End Date: XXXX | Borrower opened bank account in XXXX. Please provide bank statement for XXXX. |  |  |  | Reviewer Comment (2026-03-18): Bank statement provided.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999306 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account NumXXXX / Statement End Date: XXXX | Borrower opened bank account in XXXX. Please provide bank statement for XXXX. |  |  |  | Reviewer Comment (2026-03-18): Bank statement provided.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999307 | 200236487-34537 | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account NumXXXX / Statement End Date: XXXX |  |  |  |  | Reviewer Comment (2026-03-18): Bank statement provided.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review<br>Reviewer Comment (2026-03-09): Borrower opened bank account in XXXX. Please provide bank statement for XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999533 | 200236487-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | 12 months bank statements required per guidelines. Lender exception for missing statements for XXXX to XXXX. Statements for XXXX to XXXX is missing. |  |  |  | Reviewer Comment (2026-03-18): Additional bank statements provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999586 | 200236487-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing asset documents. |  |  |  | Reviewer Comment (2026-03-18): Missing months of bank statements provided. System Cleared.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999587 | 200236487-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing bank statements. |  |  |  | Reviewer Comment (2026-03-18): Missing months of bank statements provided. System Cleared.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 35999588 | 200236487-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to missing bank statements. |  |  |  | Reviewer Comment (2026-03-18): Missing months of bank statements provided.<br>Seller Comment (2026-03-16): (Rate Lock) Statements uploaded for review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | 36093986 | 200236487-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower's income from XXXX declined by more than 10%, to XXXX monthly income in the last 6 months. |  |  |  | Reviewer Comment (2026-04-27): Processor certificate provided with broker explanation for reason behind declining income. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | 36307395 | 200236489-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower not able to obtain draw history on HELOC being paid off. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Reserves: 30.61<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | 36205858 | 200236492-27840 | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec XXXX | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (2026-05-04): Received field review in trailing docs.<br>Seller Comment (2026-05-01): (Rate Lock) On the field review form it states value is only required when the reviewer does not agree.<br>Reviewer Comment (2026-04-30): Field review provided has no appraised value disclosed.<br>Reviewer Comment (2026-04-29): Desk review provided, Field Review not in file. Please provide Field Review.<br>Seller Comment (2026-04-28): (Rate Lock) Agree, a field review was ordered and provided. Please review.<br>Reviewer Comment (2026-04-27): CDA provided has a value of indeterminate. Exception remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | 36205910 | 200236492-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional/XXXX) | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2026-04-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | 36214658 | 200236492-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (2026-04-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | 36105094 | 200236501-41315 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | 36105189 | 200236501-30082 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Refi Purpose reflects Rate/Term and cash out greater than the lesser of 2% of the loan amount or XXXX0. | Cash to Borrower: XXXX; Total Cash Out: XXXX; Refi Purpose: Rate/Term |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | DTI: 38.07536% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 763<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | 36138217 | 200236501-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Total Cash to borrower exceeds the guidelines limit for a rate/term refinance. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | DTI: 38.07536% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 763<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | 36119409 | 200236505-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 698 is less than Guideline representative FICO score of 720. | NonQM Exception Form in file for lender exception of FICO score less than P&L program minimum. Exception approved with comp factors. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Miscellaneous | DTI: 24.72083% <br> Guideline Maximum DTI: 50.00000%<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | 36119413 | 200236505-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Neither evidence of appraisal delivery nor compliant acknowledgment of receipt signed at closing provided. |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-31): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | 36119414 | 200236505-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-03-23): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | 36140885 | 200236505-2813 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bankruptcy Documents not provided |  |  |  |  |  | Reviewer Comment (2026-04-09): Bankruptcy discharged.<br>Seller Comment (2026-04-07): (Rate Lock) Per credit report this was discharged in XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36118414 | 200236507-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2026-03-24): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122287 | 200236507-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | The loan file does not contain verification of the existence of the borrower's business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122296 | 200236507-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file does not contain verification of the existence of the borrower's business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122488 | 200236507-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | The loan file is missing a cash flow analysis to allow for use of business funds. The file contains an analysis but it is not dated and not signed by the UW. |  |  |  | Reviewer Comment (2026-04-02): Received Cash flow analysis in trailing docs.<br>Seller Comment (2026-04-02): (Rate Lock) CFA provided<br>Reviewer Comment (2026-04-01): The loan file is missing CPA letter/cash flow analysis to allow for use of business funds.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122496 | 200236507-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall exception due to missing verification of the existence of the business dated within 120 calendar days prior to the note date and cash flow analysis to allow use of business funds. |  |  |  | Reviewer Comment (2026-04-02): Received Cash flow analysis in trailing docs.<br>Seller Comment (2026-04-02): (Rate Lock) CFA provided<br>Reviewer Comment (2026-04-01): The loan file is missing CPA letter/cash flow analysis to verify that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122497 | 200236507-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing verification of the existence of the business dated within 120 calendar days prior to the note date and cash flow analysis to allow use of business funds. |  |  |  | Reviewer Comment (2026-04-02): Received Cash flow analysis in trailing docs.<br>Seller Comment (2026-04-02): (Rate Lock) CFA provided<br>Reviewer Comment (2026-04-01): The loan file is missing CPA letter/cash flow analysis to verify that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Document provided for third party verification does not disclose that the business is active. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | 36122498 | 200236507-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing verification of the existence of the business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (2026-04-02): Received Cash flow analysis in trailing docs.<br>Seller Comment (2026-04-02): (Rate Lock) CFA provided<br>Reviewer Comment (2026-04-01): The loan file is missing CPA letter/cash flow analysis to verify that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36119008 | 200236521-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-03-31): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-31): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36119011 | 200236521-40776 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | All CDs provided are not dated within 3 business days prior to closing. |  |  |  | Reviewer Comment (2026-03-31): Initial CD provided.<br>Seller Comment (2026-03-31): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36119012 | 200236521-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-12): XXXX Received COC and rate lock along with supporting comments on the exception.<br>Seller Comment (2026-04-09): (Rate Lock) CIC states 'other' which is valid, and the lock confirmation reflects there is a change in pricing due to LTV/FICO which is a valid change. Please clear, as we are compliant and all documentati9on is provided.<br>Reviewer Comment (2026-04-06): XXXX received the updated CD and COC dated XXXX. However, the discount points increased further from XXXX to XXXX on the XXXX CD, and the corresponding COC does not provide sufficient explanation for this increase. Please provide a valid COC with additional details and supporting documentation of the timeline for review; otherwise, a cure may be due to the borrower.<br>Seller Comment (2026-04-03): (Rate Lock) ICD provided show the CIC for property type<br>Reviewer Comment (2026-04-02): XXXX received a changed circumstance in the original file dated XXXX for Property type change; however, there is no CD dated within that time frame. Please provide any missing CD to associate with the changed circumstance dated XXXX or provide a changed circumstance supporting the CD dated XXXX due to provided COC does not give sufficient information on why the discount point fee increased. Otherwise, a cure will be required.<br>Seller Comment (2026-04-01): (Rate Lock) Please refer to the lock confirmation, there was a change to the FICO that changed pricing.<br>Reviewer Comment (2026-04-01): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the discount fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36150903 | 200236521-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third party verification document provided is not dated. |  |  |  | Reviewer Comment (2026-03-31): Received document date in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36150961 | 200236521-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall exception due to missing Third party verification for borrower's business. Third party verification provided is not dated. |  |  |  | Reviewer Comment (2026-03-31): Received document date in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Second Home | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | 36150962 | 200236521-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing Third party verification for borrower's business. Third party verification provided is not dated. |  |  |  | Reviewer Comment (2026-03-31): Received document date in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | 36103302 | 200236526-23380 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of XXXX is less than AUS required disposable income of XXXX. | Calculated investor qualifying disposable income of XXXX is less than AUS required disposable income of XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Miscellaneous | Loan to Value: 53.51171%<br> Guideline Maximum Loan to Value: 80.00000%<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | 36116737 | 200236526-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for DTI up to 55%. |  |  |  | Reviewer Comment (2026-04-08): Exception not required.<br>Reviewer Comment (2026-03-24): Lender exception shows exception for DTI up to 55%. LTV<80%, VOR/VOM provided, not living rent free. Please advise whether the exception is valid, and if not, please update lender exception form to exclude the DTI exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | 36116781 | 200236526-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 10% expense factor verification letter from a CPA who did not prepare the borrowers tax return/s from previous year/s. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Miscellaneous | Loan to Value: 53.51171%<br> Guideline Maximum Loan to Value: 80.00000%<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | 36232811 | 200236531-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 68.49315% exceeds Guideline loan to value percentage of 65.00000%. | Lender Exception in file requesting increase from guideline of 65% to 69.493%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. | Debt Service Coverage Ratio: 2.12<br> Guideline Requirement: 1.00 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-06): Please update lender exception to reflect the correct LTV of 68.493%. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | 36232812 | 200236531-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 68.49315% exceeds Guideline combined loan to value percentage of 65.00000%. | Lender Exception in file requesting increase from guideline of 65% to 69.493%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. | Debt Service Coverage Ratio: 2.12<br> Guideline Requirement: 1.00 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-06): Please update lender exception to reflect the correct CLTV of 68.493%. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | 36079596 | 200236545-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than the guideline minimum of 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 660<br> Representative FICO: 807<br>Reserves: 11.01<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | 36080137 | 200236545-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | File is missing evidence of access to funds for borrower's business account. The borrower must have authority to access and withdraw funds (borrower or all borrowers combined must own 100% of the business) or shared ownership requires an access letter from the partners allowing the use of the business funds by the borrower. |  |  |  | Reviewer Comment (2026-04-27): Received Operating agreement in trailing docs.<br>Reviewer Comment (2026-03-27): Please provide operating agreement. Articles of organization provided does not disclose that borrower is the sole member.<br>Seller Comment (2026-03-26): (Rate Lock) Proof borrower is 100% owner | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119942 | XXXX | 36236728 | 200236553-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The existence of the borrower's business must be verified within 120 calendar days prior to the note date. Verification provided is dated post-close. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years. | Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 808<br>Borrower has been employed in the same industry for more than 5 years. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120016 | XXXX | 36237093 | 200236558-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The existence of the borrower's business must be verified within 120 calendar days prior to the note date. Verification provided in file was post-close. |  |  |  | Reviewer Comment (2026-04-17): Verification performed prior to closing provided.<br>Seller Comment (2026-04-16): (Rate Lock) VOE form completed by UW confirms it was done XXXX. Please clear<br>Reviewer Comment (2026-04-15): Document provided is not dated. Verification of employment is required to be completed prior to closing.<br>Seller Comment (2026-04-15): (Rate Lock) VOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103341 | 200236563-40776 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Missing initial Closing Disclosure received by borrower(s) at least 3 business days prior to closing. |  |  |  | Reviewer Comment (2026-04-06): XXXX received XXXX CD received 3 business days prior to consummation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103352 | 200236563-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.47005% exceeds Guideline loan to value percentage of 70.00000%. | Calculated loan to value percentage of 74.47005% exceeds Guideline loan to value percentage of 70.00000% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 784<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103353 | 200236563-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.47005% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated combined loan to value percentage of 74.47005% exceeds Guideline combined loan to value percentage of 70.00000% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 784<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103381 | 200236563-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points were disclosed as XXXX on the initial Loan Estimate but was disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance is provided dated XXXX, however, the corresponding Closing Disclosure is not provided, and no evidence of tolerance cure is provided. |  |  |  | Reviewer Comment (2026-04-06): XXXX Received Valid COC dated 02/17 along with CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103385 | 200236563-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee was disclosed as XXXX on the initial Loan Estimate but was disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance is provided dated XXXX, however, the corresponding Closing Disclosure is not provided, and no evidence of tolerance cure is provided. |  |  |  | Reviewer Comment (2026-04-16): XXXX received PCCD, LOE, proof of mailing & copy of refund check.<br>Reviewer Comment (2026-04-06): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Appraisal fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36103389 | 200236563-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Credit Report Fee was not disclosed on the initial Loan Estimate. A valid change of circumstance not provided for fee increase. The cure provided at closing (XXXX) is sufficient to address the violation but is insufficient to address all tolerance violations. |  |  |  | Reviewer Comment (2026-04-06): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2026-04-03): (Rate Lock) This is included on the final CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | 36112030 | 200236563-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSFs and XXXX overdrafts on most recent 12 months' business bank statements, exceeding program guideline of 5. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 784<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | 36117329 | 200236574-41630 | XXXX | Credit | Guideline | Guideline Issue | Guideline | List Price was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Liat price was not provided. |  |  |  | Reviewer Comment (2026-04-23): Received updated appraisal in trailing docs.<br>Reviewer Comment (2026-04-02): List price is required to clear this exception. Clarification would be provided in the 04.02 meeting.<br>Seller Comment (2026-04-01): (Rate Lock) Property was not listed on MLS, as comments on appraisal reflect. It was advertised for sale by the listing. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | 36117337 | 200236574-41631 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Insufficient data provided to check variance between list price and sales price. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Valuation has insufficient data to check the variance between sales price and list price. |  |  |  | Reviewer Comment (2026-04-23): Received updated appraisal in trailing docs.<br>Reviewer Comment (2026-04-02): List price is required to clear this exception. Clarification would be provided in the 04.02 meeting.<br>Seller Comment (2026-04-01): (Rate Lock) Property was not listed on MLS, as comments on appraisal reflect. It was advertised for sale by the listing. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | 36128588 | 200236580-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower being unable to get a credit supplement showing a disputed account on credit resolved | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 19.37<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 64.97175%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 64.97175%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 9.19725% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 793 | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | 36119898 | 200236591-27657 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | One month bank statements are required to verify sufficient liquid assets are present to document the EMD amount. Bank statements were not provided. |  |  |  | Reviewe Comment (2026-04-13): EMD verified<br>Reviewer Comment (2026-04-13): EMD veriffied<br>Reviewer Comment (2026-04-13): EMD verified.<br>Seller Comment (2026-04-09): (Rate Lock) Cert provided<br>Reviewer Comment (2026-03-30): Additionally, 1-month bank statements (per transaction being refinance or purchase) are required to verify sufficient liquid assets are present to document the EMD amount. This was not provided.<br>Seller Comment (2026-03-30): (Rate Lock) Guidelines state :\* A copy of the canceled check<br> \* Bank statement<br> \* Wire confirmation, or<br> \* Written statement"<br>Wire confirmation of remaining XXXX is sufficient for the EMD. Please clear<br>Reviewer Comment (2026-03-27): XXXX EMD verified. Please provide cancelled checks and or bank statements that disclosed the XXXX and XXXX EMD payments. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | 36119900 | 200236591-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 1st time investor without multiple comp factors. Only comp factor is extra reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 26.08<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | 36166579 | 200236592-26685 | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Secondary valuation via Desk Review or Field Review does not support the value used to qualify. |  |  |  |  |  | Reviewer Comment (2026-04-22): Received updated report in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | 36169683 | 200236592-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX properties require 5 comparison properties within 2 miles. The appraisal provided only reflects 3 comparable properties. |  |  |  | Reviewer Comment (2026-04-22): Not required on refinance transactions.<br>Seller Comment (2026-04-20): (Rate Lock) This is a purchase guideline, please see the refi guidelines | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | 36171069 | 200236592-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max of 70% LTV/CLTV for STR refinance transactions. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 28.07<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 2.35<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 748 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | 36171070 | 200236592-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max of 70% LTV/CLTV for STR refinance transactions. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 28.07<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 2.35<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 748 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | 36293858 | 200236593-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (2026-04-20): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-17): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119959 | XXXX | 36198862 | 200236597-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception requested to allow use of rental income from short term rental 1007. Appraiser is not able to provide long term data. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better.<br>Borrower has verified residual income (disposable income) of at least XXXX per month.<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35967343 | 200236599-6582 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2026-03-04): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35967978 | 200236599-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Recording fees of XXXX exceed tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-03-23): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2026-03-23): (Rate Lock) This was already cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35967980 | 200236599-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-03-30): XXXX Received Corrected PCCD, LOE and Payment history.<br>Seller Comment (2026-03-30): (Rate Lock) PCCD provided<br>Reviewer Comment (2026-03-23): XXXX Changed Circumstance dated XXXX does not give sufficient information on why the Appraisal fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br> "<br>Seller Comment (2026-03-23): (Rate Lock) re-disclosed app fee within 3 days of being aware of fee increase | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35968915 | 200236599-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXXXXXX, XXXX Third Party Verification | Required verification that borrower has been self-employed for at least 2 years and that the business has been in existence for at least 2 years was not provided in file. Date missing on third party verification and operating agreement. Third party verification provided in file does not show start date of business and that the business is active. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs. Verification of business existence within 120 days prior to note date is missing. Verification should show start date of business. Date missing on operating agreement.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35968917 | 200236599-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXXXXXX, XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Other / Document Date: / Tax Year: , Borrower: XXXXXXXX, XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Date missing on third party verification and operating agreement. Third party verification provided in file does not show start date of business and that the business is active. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35968953 | 200236599-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Required verification that borrower has been self-employed for at least 2 years and that the business has been in existence for at least 2 years was not provided in file. Date missing on third party verification and operating agreement. Third party verification provided in file does not show start date of business and that the business is active. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35968978 | 200236599-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Cash Flow Analysis provided in file is not signed and dated. |  |  |  | Reviewer Comment (2026-04-01)XXXXsh flow analysis received in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35969186 | 200236599-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing third party verification of business existence. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35969187 | 200236599-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing third party verification of business existence. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-25): Received articles of formation. Still missing evidence that business was in existence within 120 days of the Note date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35969188 | 200236599-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing third party verification of business existence. |  |  |  | Reviewer Comment (2026-04-01): VVOE provided in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Docs provided<br>Reviewer Comment (2026-03-26): Please upload the income documents to the loan file as I do not see them in the trailing docs.<br>Seller Comment (2026-03-26): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | 35969241 | 200236599-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines allow max 10 acres. Property is ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | Reserves: 14.27<br> Guideline Requirement: 6.00<br>DTI: 34.87357% <br> Guideline Maximum DTI: 45.00000%<br>Disposable Income: XXXX | XXXX | Reviewer Comment (2026-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127725 | 200236605-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Waterfall finding due to missing 1 month bank statement. Three months bank statements provided. Guidelines require 4 months for asset depletion income. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account ending XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127791 | 200236605-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | NonQM Exception Form in file for lender exception of non-warrantable condo project. Exception approved with compensating factors. |  |  |  | Reviewer Comment (2026-04-28): Guidelines allow<br>Reviewer Comment (2026-03-25): Condo docs in file, guidelines allow | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127802 | 200236605-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall finding due to missing 1 month bank statement. Three months bank statements provided. Guidelines require 4 months for asset depletion income. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met. System cleared.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account ending XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127803 | 200236605-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall finding due to missing 1 month bank statement. Three months bank statements provided. Guidelines require 4 months for asset depletion income. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met. System cleared.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127804 | 200236605-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Recording Fee was disclosed as XXXX on the initial Loan Estimate but was disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance not provided for fee increase(s). The cure provided at closing (XXXX) is insufficient to address all tolerance violations. |  |  |  | Reviewer Comment (2026-04-22): System cleared.<br>Reviewer Comment (2026-04-20): XXXX Received Corrected PCCD and Closing Statement; however, LOE to borrower not received. Provide LOE to borrower.<br>Seller Comment (2026-04-20): (Rate Lock) PCCD sent to borrower attached with final SS | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127805 | 200236605-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee was disclosed as XXXX on the initial Loan Estimate but was disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance not provided for fee increase(s). The cure provided at closing (XXXX) is insufficient to address all tolerance violations. |  |  |  | Reviewer Comment (2026-05-01): Rush breakdown provided.<br>Reviewer Comment (2026-04-27): Reason provided is not a valid reason for the fee increase.<br>Reviewer Comment (2026-04-20): XXXX received COC; however it doesn't specify the reason as to why the rush was initiated. Kindly provide a valid COC or provide cure docs. Cure documents consist of Post CD,LOX , Copy of refund check and proof of mailing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36127806 | 200236605-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Credit Report Fee was disclosed as XXXX on the initial Loan Estimate but was disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance not provided for fee increase. The cure provided at closing (XXXX) is sufficient to address the violation but is insufficient to address all tolerance violations. |  |  |  | Reviewer Comment (2026-04-20): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2026-04-20): (Rate Lock) XXXX was for the credit report please clear | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145044 | 200236605-27657 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Four-month seasoning of all assets is required, 3 months bank statements were provided. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145190 | 200236605-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal at or prior to closing. |  |  |  | Reviewer Comment (2026-04-22): Appraisal receipt date provided. System Cleared.<br>Seller Comment (2026-04-20): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145191 | 200236605-6446 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.78576% or Final Disclosure APR of 7.83300% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2026-04-22): Appraisal receipt date provided. System Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145192 | 200236605-7013 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-04-22): Appraisal receipt date provided. System Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145193 | 200236605-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing 1 month bank statement. Three months bank statements provided. Guidelines require 4 months for asset depletion income. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met. System cleared.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145294 | 200236605-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for condo project with other units that needed repair. Subject is not affected. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145457 | 200236605-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Four-month seasoning of all assets is required, 3 months bank statements were provided. |  |  |  | Reviewer Comment (2026-04-28): Four-month seasoning requirements met.<br>Reviewer Comment (2026-04-22): For asset depletion, four-month seasoning of all assets is required. Only three months bank statements were provided for account XXXX.<br>Seller Comment (2026-04-20): (Rate Lock) CD is from XXXX - please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36145458 | 200236605-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 677 is less than Guideline representative FICO score of 680. | Min FICO 680 for non-warrantable condo. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | 36386013 | 200236605-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-05-01): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36104725 | 200236609-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec XXXX | Note Date: XXXX; Lien Position: 1 | Collateral Underwriter score is 4.8 (more than 2.5), requires secondary valuation. |  |  |  | Reviewer Comment (2026-03-24): Second appraisal provided. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36104810 | 200236609-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for UPB over XXXX. UPB is at XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | Reserves: 45.49<br> Guideline Requirement: 12.00<br>DTI: 29.81519% <br> Guideline Maximum DTI: 55.00000%<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36104821 | 200236609-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-03-24): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-24): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36115398 | 200236609-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-16): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Seller Comment (2026-04-15): (Rate Lock) cure and PCCD provided<br>Reviewer Comment (2026-04-02): In this case, the appraisal was received by the lender on 12/4, and the new fee was not disclosed until XXXX. New fees must be disclosed within three-days of receipt of new information.<br>1026.19(e)(4) states...General rule. Subject to the requirements of paragraph (e)(4)(ii) of this section, if a creditor uses a revised estimate pursuant to paragraph (e)(3)(iv) of this section for the purpose of determining good faith under paragraphs (e)(3) and (ii) of this section, the creditor shall provide a revised version of the disclosures required under paragraph (e)(1) of this section or the disclosures required under paragraph (f)(1) of this section (including any corrected disclosures provided under paragraph (f)(2) or (ii) of this section) reflecting the revised estimate within three business days of receiving information sufficient to establish that one of the reasons for revision provided under paragraphs (e)(3)(iv)(A) through (F) of this section applies.<br>If the seller has documentation of a different receipt timeline XXXX would be happy to review the new information.<br>Seller Comment (2026-04-01): (Rate Lock) The invoice provided shows when the lender became aware.<br>Reviewer Comment (2026-03-30): XXXX COC dated XXXX does not specify the detailed reason for the addition of Appraisal re-inspection. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2026-03-30): (Rate Lock) The fee was still re-disclosed and invoice provided showing it was done within 3 days<br>Reviewer Comment (2026-03-26): The fee was added on Loan Estimate issued XXXX with no valid change evident. Change of circumstance provided does not refer to appraisal fees.<br>Seller Comment (2026-03-26): (Rate Lock) The XXXX re-disclosed the fee of XXXX.<br>Reviewer Comment (2026-03-24): Changed circumstance with date of change of XXXX does not include appraisal re-inspection fee | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36115482 | 200236609-25085 | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Hazard Insurance Policy expires within 30 days of the Note Date. | Hazard Insurance Policy Expiration Date XXXX, Note Date XXXX | Per guidelines, for refinance transactions, the existing policy must extend a minimum of 45 days beyond the date of closing. If the policy will expire within 45 days, then a 30-day binder or evidence of renewal for one year is required. |  |  |  | Reviewer Comment (2026-03-31): HOI policy provided.<br>Seller Comment (2026-03-30): (Rate Lock) Renewal provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | 36117777 | 200236609-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-16): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Seller Comment (2026-04-15): (Rate Lock) cure and PCCD provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | 36176064 | 200236613-2834 | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | The file was missing a copy of the Flood Certificate. |  |  |  | Reviewer Comment (2026-04-27): Received flood certificate in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | 36176071 | 200236613-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Amount of XXXX is less than the note amount of XXXX |  |  |  | Reviewer Comment (2026-04-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-23): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | 36176258 | 200236613-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX OD's in the last 12 months. Guidelines allow 5 NSFs. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 39.12<br> Guideline Requirement: 6.00<br>Loan to Value: 58.10127%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 11.60657% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-03-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | 36176548 | 200236613-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX XXXXXXXX Insurance Verification | HOI policy was not found in file. |  |  |  | Reviewer Comment (2026-04-27): Received policy in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | 36117471 | 200236615-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX-XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Document date missing from third party verification. |  |  |  | Reviewer Comment (2026-04-02): TPV w/date provided.<br>Seller Comment (2026-04-01): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | 36117858 | 200236615-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to document date missing from third party verification. |  |  |  | Reviewer Comment (2026-04-02): TPV w/date provided. System cleared.<br>Seller Comment (2026-04-01): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | 36117859 | 200236615-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Document date missing from third party verification. |  |  |  | Reviewer Comment (2026-04-02): TPV w/date provided. System cleared.<br>Seller Comment (2026-04-01): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | 36208609 | 200236633-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 99.00000% exceeds Guideline loan to value percentage of 75.00000%. | Lender approved exception to use current appraised value instead of purchase price. LTV exceeds max of 75%. | Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x24 or better.<br>The DSCR of 1.42 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | 36211738 | 200236633-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 99.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Lender approved exception to use current appraised value instead of purchase price. LTV exceeds max of 75%. | Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x24 or better.<br>The DSCR of 1.42 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | 36216740 | 200236633-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing within 90 days prior to note date was not provided. | Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x24 or better.<br>The DSCR of 1.42 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-29): Exception document provided do not show exception for Certificate of Good Standing.<br>Seller Comment (2026-04-29): (Rate Lock) Exception added<br>Reviewer Comment (2026-04-29): Certificate of Good Standing provided is after closing. Please provide Certificate of Good Standing within 90 days prior to note date. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | 36158465 | 200236638-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception was provided for DSCR under 1. Calculated DSCR is 1.01. Please provide an updated exception stating the lender exception is no longer required. |  |  |  | Reviewer Comment (2026-04-08): Updated lender exception provided.<br>Seller Comment (2026-04-06): (Rate Lock) Status shows Unnecessary - this is what is marked when it is not needed anymore. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | 36172380 | 200236638-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide corrected Guarantor Agreement reflecting the 100% business owner as the Guarantor. Non-owner individual should not sign Guarantor Agreement. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 735 | XXXX | Reviewer Comment (2026-04-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | 36204076 | 200236639-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-01): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | 36214266 | 200236639-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX reflected on XXXX XXXX reporting 4 in XXXX; 3 in XXXX; 4 in XXXX; 2 in XXXX; 1 in XXXX; 3 in XXXX; 2 in XXXX. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Loan to Value: 46.66667%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>DTI: 25.41216% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | 36220900 | 200236645-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 37.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 46.63%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | 36220901 | 200236645-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 37.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 46.63%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | 36221023 | 200236645-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for DSCR below 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 37.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 46.63%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | 36189401 | 200236647-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Appraisal report dated XXXX missing evidence of receipt. |  |  |  | Reviewer Comment (2026-04-08): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | 36192408 | 200236647-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Email from the HOA confirming all the repairs from the SB326 are complete. The HOA is unwilling or unable to provide actual evidence. | Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Loan to Value: 53.23741%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 800<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-31): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | 36193802 | 200236647-27765 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower. XXXX |  |  |  |  | Reviewer Comment (2026-03-31): Sufficient Cure Provided within 60 Days of Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over XXXX) B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | 36306968 | 200236653-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is a 2 unit with an ADU, 2-4-unit properties with an accessory unit are not permitted per guidelines. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.47 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | 36307670 | 200236653-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing was not dated within 90 days prior to the note date. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.47 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-24): Certificate of Good Standing was not dated within 90 days prior to the note date.<br>Seller Comment (2026-04-23): (Rate Lock) COGs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | 36254552 | 200236654-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (2026-04-08): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | 36152204 | 200236659-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. Require updated title commitment in the file. |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-31): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | 36153652 | 200236659-23089 | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Allow LTV based off of appraised value instead of most recent sales price listed within last 6 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 31.43<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | 36292808 | 200236662-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-16): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | 36085279 | 200236666-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2026-03-18): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | 36085280 | 200236666-41315 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. | No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepayment language states prepayment will not exceed the maximum permitted by applicable law. |  |  |  | Reviewer Comment (2026-03-18): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | 36089166 | 200236666-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Certificate of Good Standing was not found for the borrowing entity. |  |  |  | Reviewer Comment (2026-04-02): Received COGS in trailing docs.<br>Reviewer Comment (2026-03-23): Document provided does not verify that business is in good standing, document is also not dated. Exception remains. | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | 36092872 | 200236666-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of the borrower's receipt of appraisal was found in file. |  |  |  | Reviewer Comment (2026-03-18): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | 36312104 | 200236676-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (2026-05-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-05-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | 36312105 | 200236676-34967 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Client:XXXX/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (2026-05-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-05-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | 36315403 | 200236676-2904 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Security Instrument reflect an Entity borrower, Guarantor Agreement required for both individuals. |  |  |  | Reviewer Comment (2026-05-01): Received document in trailing docs. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | 36315475 | 200236676-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file missing Corporate Resolution. |  |  |  | Reviewer Comment (2026-05-01): Received document in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | 36315479 | 200236676-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file missing Cert of Good Standing. |  |  |  | Reviewer Comment (2026-05-01): Received document in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | 36116682 | 200236678-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower within 3 days of closing was not provided. |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-31): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | 36118088 | 200236678-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines do not allow First-Time Homebuyer purchasing an investment property. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 24.01<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 793 | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | 36249326 | 200236679-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Copy of appraisal is required to be delivered to the borrower within 3 business days of closing. |  |  |  | Reviewer Comment (2026-04-08): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | 36265541 | 200236679-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Operating agreement | Loan file is missing an operating agreement to verify borrower's ownership percentage of the business. CPA letter provided was not dated. |  |  |  | Reviewer Comment (2026-04-15): Evidence of date of CPA letter provided.<br>Reviewer Comment (2026-04-13): CPA letter associated however, the Operating Agreement is still required to clear the exception. Exception Remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | 36265543 | 200236679-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing an operating agreement to verify borrower's ownership percentage of the business. CPA letter provided was not dated. |  |  |  | Reviewer Comment (2026-04-15): Evidence of date of CPA letter provided.<br>Reviewer Comment (2026-04-13): CPA letter associated however, the Operating Agreement is still required to clear the exception. Exception Remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | 36257387 | 200236684-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception needed for more than 5 NSF/OD within 12 month period. Borrower has 6 days of OD/NSF | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 26.04<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | 36299347 | 200236685-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Page 4 of Final Closing Disclosure provided on XXXX did not reflect why there was no escrow account. |  |  |  | Reviewer Comment (2026-04-24): Letter of Explanation & Corrected Closing Disclosure provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | 36169381 | 200236691-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-31): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | 36169402 | 200236691-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Missing access letter from the partners allowing the use of the business funds by the borrower for accounts XXXX. |  |  |  | Reviewer Comment (2026-04-22): Received evidence of access to funds in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | 36169456 | 200236691-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Master policy has a XXXXK per unit property deductible which is 13.22% based on ratable limit. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 744<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | 36169495 | 200236691-4268 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of 3.57% is less than Guideline required borrower's own funds of 5.00%. | Calculated borrower's own funds of 3.57% is less than Guideline required borrower's own funds of 5.00%. |  |  |  | Reviewer Comment (2026-04-30): email from XXXX Credit manager that Business funds are considered personal funds. Cleared.<br>Reviewer Comment (2026-04-22): Per guidelines- Borrower must have 5% of their own funds documented but not required to use. Business funds are not classified as borrower funds. Borrower only has 3.57% documented personal funds. Guidelines require at least 5%. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36209919 | 200236727-2916 | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  | Rider - PUD is missing |  |  |  | Reviewer Comment (2026-04-27): Received document in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36209920 | 200236727-2876 | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security Instrument - Subject Lien is missing |  |  |  | Reviewer Comment (2026-04-27): Received document in trailing docs. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36209923 | 200236727-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | NSF's exceed 5 in the last 12 months. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36209927 | 200236727-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-29): XXXX received COC dated XXXX.<br>Seller Comment (2026-04-28): (Rate Lock) Please see the last processor cert provided - it shows the conversation notes to evidence this was requested by the XXXX & XXXX on XXXX at 2:57PM<br>Reviewer Comment (2026-04-27): XXXX COC dated XXXX states XXXX to XXXX; however, required additional information for change in compensation to borrower paid from lender paid. In order to determine if the changed circumstance is valid more information is necessary on reason compensation plan changed and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36214161 | 200236727-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (2026-04-27): XXXX Received Valid COC dated XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36233037 | 200236727-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | CPA letter provided is missing document date. |  |  |  | Reviewer Comment (2026-04-27): Received processor cert in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36233060 | 200236727-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing document date on CPA letter provided. |  |  |  | Reviewer Comment (2026-04-27): Received processor cert in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation B C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | 36233061 | 200236727-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing document date on CPA letter provided. |  |  |  | Reviewer Comment (2026-04-27): Received processor cert in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | 36111605 | 200236737-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Per matrix in guideline on purchase transaction, DSCR is 1.00 and with score at 678 maximum LTV is at 75.00%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by XX points. | Reserves: 51.45<br> Guideline Requirement: 3.00<br>The representative FICO score exceeds the guideline minimum by 18 points. | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-07): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | 36116684 | 200236737-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by XX points. | Reserves: 51.45<br> Guideline Requirement: 3.00<br>The representative FICO score exceeds the guideline minimum by 18 points. | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-07): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | 36098984 | 200236745-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Appraisal delivery report is not available in file for Appraisal report date XXXX. |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-03-23): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | 36100741 | 200236745-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification | Proof of hazard insurance XXXX missing from file. Property is escrowed per mortgage statement, however, statement does not specify whether it is taxes, insurance, or both. |  |  |  | Reviewer Comment (2026-04-03): End of year summary provided. Cleared.<br>Reviewer Comment (2026-03-25): The mortgage statement provided does not show taxes and insurance as escrowed. Insurance policy document will help verify the total escrow payment of XXXX.<br>Seller Comment (2026-03-23): (Rate Lock) Document reflects escrow activity for both HOI and taxes | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | 36240434 | 200236754-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Aggregate exceeds XXXX. Exposure from 4 loans is XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 136.28<br> Guideline Requirement: 6.00<br>DTI: 16.91217% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 751<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | 36249049 | 200236755-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for Aggregate of all loans exceeds XXXX. Exposure from the four loans is in total of XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 45.01<br> Guideline Requirement: 9.00<br>DTI: 19.45410% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 751 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | 36251866 | 200236757-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Aggregate exceeds XXXX. Exposure from 4 loans is XXXX | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 141.58<br> Guideline Requirement: 6.00<br>DTI: 16.04742% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 751 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | 36299949 | 200236765-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed with refinance of balloon that matured in XXXX. VOM Shows due on demand. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Reserves: 541.49<br> Guideline Requirement: 6.00<br>DTI: 21.91994% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors.<br>Reviewer Comment (2026-04-20)XXXXlculated LTV is 78.47059%. Lender exception in file shows 58.182%. Please provide a corrected Lender exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | 36301995 | 200236765-41837 | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> State: XXXX |  |  |  |  | Reviewer Comment (2026-04-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-30): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | 36234005 | 200236766-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved exception for DSCR of 0.85, minimum required is 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 14.69<br> Guideline Requirement: 6.00<br>Loan to Value: 64.94253%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 774 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | 36209929 | 200236786-5383 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  |  |  |  |  | Reviewer Comment (2026-04-17): Attorney Letter provided.<br>Reviewer Comment (2026-04-15): This will be discussed in XXXX XXXX call.<br>Seller Comment (2026-04-14): (Rate Lock) I attached an email from XXXX on another file but the same situation to support this. Please review.<br>Reviewer Comment (2026-04-08): XXXX non-homesteaded properties only require the vested spouse to sign the security instrument, a spousal agreement is not required. If you have any information from an attorney or title company that supersedes this information, please provide it.<br>Seller Comment (2026-04-06): (Rate Lock) XXXX doesn't require a spouse to sign on any investments, unless they already previously had interest and this is a purchase of investment BP loan | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | 36235184 | 200236787-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for both borrowers being fist time homebuyers. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 52.73<br> Guideline Requirement: 6.00<br>Loan to Value: 36.40700%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 779 | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | 36235198 | 200236787-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for critical repairs for stairsXXXXterproofing, and plumbing that have not been completed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 52.73<br> Guideline Requirement: 6.00<br>Loan to Value: 36.40700%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 779 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-08): (Rate Lock) Exception approved, please downgrade and waive or clear. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120005 | XXXX | 36233527 | 200236793-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception has been requested for non-arms' length transaction, FSBO. Non-arms' length transactions are ineligible for the DSCR program. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | 36193179 | 200236796-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Access letter from the partner allowing the use of business funds by the borrower for XXXX LLC was not provided. |  |  |  | Reviewer Comment (2026-04-27): Received evidence of access to funds in trailing docs.<br>Reviewer Comment (2026-04-08): Access letter provided is for the borrowing entity and XXXXs. Access letter for XXXX LLC still missing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | 36278215 | 200236800-6498 | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | The file is missing both successful XXXX and XXXX SSR (Submission Summary Report) required by guidelines for appraisal transfer. |  |  |  | Reviewer Comment (2026-04-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-14): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | 36279846 | 200236800-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 48.90499% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds max of 43% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided.<br>Seller Comment (2026-04-24): (Rate Lock) Exception approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | 36281550 | 200236800-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. |  |  |  | Reviewer Comment (2026-04-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-14): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | 36230954 | 200236803-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property has XXXX acres zoned exclusive farm use. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.24<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 720<br> Representative FICO: 753 | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | 36230966 | 200236803-2802 | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | 1003 Initial - Lender's application missing in file. |  |  |  | Reviewer Comment (2026-04-09): Received initial 1003 in trailing docs.<br>Seller Comment (2026-04-07): ATTACHED | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | 36231000 | 200236803-34958 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-03): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116394 | 200236807-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall finding due to shortage of reserves, resulting in a loan designation discrepancy. |  |  |  | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116396 | 200236807-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall finding due to shortage of reserves. |  |  |  | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116397 | 200236807-40769 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | The final Closing Disclosure issued on XXXX disclosed an APR which increased more than 0.25% from the APR disclosed on the initial CD. A valid change of circumstance was documented on XXXX, however, a timely interim disclosure was not issued and received by borrower at least 3 business days prior to the note date (XXXX). |  |  |  | Reviewer Comment (2026-04-21): XXXX received XXXX CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116405 | 200236807-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Asset documentation provided does not support sufficient reserves. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 14.72312% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 809 | XXXX | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116406 | 200236807-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.85 is less than Guideline PITIA months reserves of 6.00. | Guidelines require 6 months of reserves for this loan (XXXX), and there are only 1.85 months of reserves verified (XXXX). The business funds of XXXX have been excluded from use as required documentation to allow use of business funds is not provided (CPA Letter or cash flow analysis). If business funds are included, only 5.18 months of reserves are verified (XXXX). Additional assets will be required. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 14.72312% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 809 | XXXX | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-23): Business funds have been included, only 5.18 months of reserves verified. Additional assets are required to meet reserve requirements of 6 months. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116439 | 200236807-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | NonQM Exception Form in file for lender exception of high NSF/NDB/OD count in business assets. Exception approved with comp factors. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 14.72312% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 809 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | 36116484 | 200236807-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall finding due to shortage of reserves. |  |  |  | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Reviewer Comment (2026-04-23): Business funds have been included, only 5.18 months of reserves verified. Additional assets are required to meet reserve requirements of 6 months. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | 36312488 | 200236809-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a cash out refinance. | Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x24 or better.<br>The DSCR of 1.4 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-22): Lender Exception indicates there are 4 months additional reserves as a Comp Factor. Calculated reserves are 2.84 extra months. Please provide updated Comp Factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | 36312489 | 200236809-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a cash out refinance. | Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x24 or better.<br>The DSCR of 1.4 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | 36292159 | 200236814-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated DSCR is 0.83, which is less than the minimum DSCR requirement of 1.00 as per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 787<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | 36111127 | 200236816-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approving payoff of a federal tax lien tied to subject property to be considered business purpose. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.86<br> Guideline Requirement: 9.00<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | 36111409 | 200236816-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 76.10294% exceeds Guideline loan to value percentage of 75.00000%. | Calculated LTV exceeds guideline maximum of 75%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.86<br> Guideline Requirement: 9.00<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | 36115764 | 200236816-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property design style is A-frame, which is considered a unique property type and unique properties are ineligible as per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.86<br> Guideline Requirement: 9.00<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | 36115853 | 200236816-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 76.10294% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 76.10294% exceeds Guideline combined loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.86<br> Guideline Requirement: 9.00<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | 36199087 | 200236823-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for VOM from XXXX LLC completed by Individual with borrower's same last name. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36104507 | 200236825-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Total 10% tolerance fees disclosed as XXXX on the initial Loan Estimate but disclosed as XXXX on the Final Closing Disclosure. A valid change of circumstance is not provided for fee increase(s) and no evidence of tolerance cure is provided. |  |  |  | Reviewer Comment (2026-04-20): XXXX received PCCD, LOE and payment history for principal reduction of cure. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36116503 | 200236825-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | NonQM Exception Form in file for lender exception of 90% LTV for borrower living rent free prior to purchase when guideline is 80% LTV. Exception approved with comp factors. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 762 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36116573 | 200236825-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.78 is less than Guideline PITIA months reserves of 6.00. | Based on asset documentation in file, verified assets total XXXX. With funds required to bring to closing of XXXX, plus the Appraisal Fee of XXXX POC, plus the down payment/deposit of XXXX, plus gift funds of XXXX, total funds to be verified is XXXX. Additionally, guidelines require 6 months of reserves for this loan (XXXX), and there are only 5.78 months of reserves verified (XXXX). | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 762 | XXXX | Reviewer Comment (2026-04-21): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-08)XXXXlculated PITIA months reserves of 5.78 is less than Guideline PITIA months reserves of 6.00. Please provide additional assets. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36116579 | 200236825-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall finding due to shortage of reserves, resulting in a loan designation discrepancy. |  |  |  | Reviewer Comment (2026-04-21): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36116580 | 200236825-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall finding due to shortage of reserves. |  |  |  | Reviewer Comment (2026-04-21): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | 36118856 | 200236825-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 762 | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | 36103959 | 200236852-30831 | XXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | Mortgagee Clause does not list XXXX Inc. and "its successors and/or assigns" . |  |  |  | Reviewer Comment (2026-03-31): Received Insurance policy in trailing docs.<br>Seller Comment (2026-03-31): (Rate Lock) Please re-review, the property address is listed and all we require for a master policy.<br>Reviewer Comment (2026-03-30): A copy of the current master policy showing the HOA as the named insured and a certificate of insurance covering the individual unit must be obtained. The certificate of insurance must include borrower's name, and property address. Certificate of insurance was not provided.<br>Seller Comment (2026-03-30): (Rate Lock) insurance provided with address. Per guidelines, only h06 requires mortgagee added please clear.<br>Reviewer Comment (2026-03-26): Subject unit was not listed w/Mortgagee on the master policy.<br>Seller Comment (2026-03-26): (Rate Lock) This is a master policy and the mortgagee only applies to H06 per guides. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | 36103985 | 200236852-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-10): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | 36103987 | 200236852-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | More than XXXX NSFs in 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 16.59<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | 36103992 | 200236852-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA budget does not meet minimum reserve requirements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 16.59<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | 36292099 | 200236857-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX/NSF's in business bank account from XXXX | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | DTI: 17.46421% <br> Guideline Maximum DTI: 55.00000%<br>Reserves: 37.61<br> Guideline Requirement: 6.00<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | 36292163 | 200236857-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-15): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | 36238377 | 200236869-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-27): XXXX received Final Settlement statement, Letter of explanation and Corrected Closing disclosure.<br>Reviewer Comment (2026-04-20): XXXX received PCCD and closing statement, however we also require LOE which accompanied the PCCD to finalize. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119952 | XXXX | 36193913 | 200236873-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 53% decline in income, no proof income has stabilized as LOE indicates borrower anticipates on returning to work full-time in mid-XXXX. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Guidelines Representative FICO: 700<br> Representative FICO: 806<br>Reserves: 18.17<br> Guideline Requirement: 6.00<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-03-31): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36105960 | 200236874-6271 | XXXX | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). |  | Security Instrument is not signed. Please provide a security instrument signed by all parties. |  |  |  | Reviewer Comment (2026-04-21): Received security instrument signed by both owners in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36105965 | 200236874-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Loan file is missing a final 1003 application. |  |  |  | Reviewer Comment (2026-04-15): Received final 1003 in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36105966 | 200236874-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Please provide Corporate Resolution reflecting borrower has authority to bind the company on all owner's behalf. |  |  |  | Reviewer Comment (2026-04-21): Received security instrument signed by both owners in trailing docs.<br>Seller Comment (2026-04-17): (Rate Lock) Other owner signed MTG | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36105981 | 200236874-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 84.51<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36110432 | 200236874-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide Note document signed and dated by all parties. |  |  |  | Reviewer Comment (2026-04-21): Received signed Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36110466 | 200236874-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD provided is not signed by all parties. |  |  |  | Reviewer Comment (2026-04-15): Received signed doc in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36140087 | 200236874-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | LTV exceeds guidelines maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 84.51<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | 36140088 | 200236874-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | CLTV exceeds guidelines maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 84.51<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | 36259148 | 200236875-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception request and approval in file allowing 85% LTV. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 700<br> Representative FICO: 797<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | 36259159 | 200236875-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Lender exception request and approval in file allowing 85% LTV. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 700<br> Representative FICO: 797<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | 36265474 | 200236875-929 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Initial appraisal was made subject to installation of smoke detectors. This issue was not addressed in the second appraisal. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 700<br> Representative FICO: 797<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-23): Received pictures and lender exception to accept the smoke detector pictures.<br>Reviewer Comment (2026-04-23): Property exception<br>Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-22): (Rate Lock) exception and docs provided<br>Reviewer Comment (2026-04-15): This topic will be discussed on XXXX XXXX call.<br>Seller Comment (2026-04-14): (Rate Lock) Docs provided showing these were installed, please advise if exception is needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | 36332430 | 200236875-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception to allow use of smoke detector photos. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 700<br> Representative FICO: 797<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | 36280789 | 200236876-2896 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  |  |  |  |  | Reviewer Comment (2026-04-28): Note Addendum - Prepayment provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | 36280820 | 200236876-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Using STR when transaction is a refi and there isn't a 12 month history receipt. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 28.79<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 1.65<br> Guideline Requirement: 1.00<br>Housing payment history 0x30x12 or better.<br>Loan to Value: 64.96000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | 36281435 | 200236876-30725 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Income Statement (XXXX, etc.) not provided |  | Loan file is missing the XXXX print out to verify STR lease amount. |  |  |  | Reviewer Comment (2026-04-28): XXXX print out to verify STR lease amount provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36070739 | 200236880-28331 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. | Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. | Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. |  |  |  | Reviewer Comment (2026-03-24): Updated Matrix provided.<br>Reviewer Comment (2026-03-24): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36070789 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for rural property with over 10 acres. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) CF updated<br>Reviewer Comment (2026-03-24): Additional Compensating Factors required. (Multiple exceptions (5) and 1 CF). | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36070802 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for DSCR ratio based on STR 1007. Guidelines require 12 months evidence of receipt via property management provider. This was not provided. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) CF updated<br>Reviewer Comment (2026-03-24): Additional Compensating Factors required. (Multiple exceptions (5) and 1 CF). | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36070807 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for SFR with 3 ADUs. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) CF updated<br>Reviewer Comment (2026-03-24): Additional Compensating Factors required. (Multiple exceptions (5) and 1 CF). | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36070830 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for variance greater than 10% between 2 appraisals. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) CF updated<br>Reviewer Comment (2026-03-24): Additional Compensating Factors required. (Multiple exceptions (5) and 1 CF). | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36071810 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Short term rental statements should generally identify the subject property by address. If not, the property ID # and property description must clearly link to the property address. This was not provided. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) CF updated<br>Reviewer Comment (2026-03-24): Additional Compensating Factors required. (Multiple exceptions (5) and 1 CF). | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36071814 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property tax escrows required. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) Added exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36071826 | 200236880-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | A screen shot of the online listing must show the property is actively marketed as a short-term rental. This was not provided. |  |  |  | Reviewer Comment (2026-04-15): Appraiser confirmed the property was listed on XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36140864 | 200236880-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 64.28571% exceeds Guideline loan to value percentage of 60.00000%. |  | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | 36140865 | 200236880-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 64.28571% exceeds Guideline combined loan to value percentage of 60.00000%. |  | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Has owned property for 7 years<br>Reserves: 18.43<br> Guideline Requirement: 18.00<br>Debt Service Coverage Ratio: 2.07<br> Guideline Requirement: 1.35<br>Guidelines Representative FICO: 700<br> Representative FICO: 742<br>Housing payment history is 0x30x24 or better.<br>Borrower owns 2 properties. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | 36194063 | 200236882-30725 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Income Statement (XXXX, XXXX, etc.) not provided |  |  |  |  |  | Reviewer Comment (2026-04-09): Vacation Rental Income Statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | 36194072 | 200236882-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception requested for non-warrantable XXXX condo and HOA is not allocating any funds for the XXXX budget. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Debt Service Coverage Ratio: 1.64<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 796<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | 36119329 | 200236886-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender Exception is provided approving DSCR under guideline requirements of 0.981. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 80.28<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | 36119374 | 200236886-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception is provided in file approving subject's total square footage of XXXX sq ft; less than guideline minimum of 500 sq ft. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 80.28<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | 36119387 | 200236886-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Evidence of Hazard Insurance (HO-6) is not in the correct Entity's name. |  |  |  | Reviewer Comment (2026-04-14): Received corrected HOI policy in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | 36310167 | 200236892-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has unverifiable housing history. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years.<br>Reserves: 29.74<br> Guideline Requirement: 6.00<br>DTI: 13.90457% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | 36121173 | 200236893-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement for borrowing business entity is missing in the file | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Loan to Value: 54.85714%<br> Guideline Maximum Loan to Value: 65.00000%<br>DTI: 36.64751% <br> Guideline Maximum DTI: 50.00000%<br>Credit Depth w/ 14 total tradelines, 4 mortgages, oldest 2/2002XXXXl 0x30 | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-02): request downgrade to a 2 with comp factors, lender to accept the finding | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | 36129108 | 200236893-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for vesting 2nd home in corporation. Guidelines allow for only investment property. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has owned the subject property for at least 5 years.<br>Miscellaneous | Loan to Value: 54.85714%<br> Guideline Maximum Loan to Value: 65.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>DTI: 36.64751% <br> Guideline Maximum DTI: 50.00000%<br>Credit Depth w/ 14 total tradelines, 4 mortgages, oldest 2/2002XXXXl 0x30 | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | 36165503 | 200236893-2904 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Loan to Value: 54.85714%<br> Guideline Maximum Loan to Value: 65.00000%<br>DTI: 36.64751% <br> Guideline Maximum DTI: 50.00000%<br>Credit Depth w/ 14 total tradelines, 4 mortgages, oldest 2/2002XXXXl 0x30 | XXXX | Reviewer Comment (2026-05-05): Received a Guaranty agreement in trailing docs.<br>Reviewer Comment (2026-05-05): Document provided.<br>Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): attached<br>Seller Comment (2026-04-02): Request downgrade to a 2 with comp factors, lender to accept finding | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | 36245776 | 200236894-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-04-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-12): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | 36245778 | 200236894-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX |  |  |  | Reviewer Comment (2026-04-17): XXXX received LOX for rebuttal response with additional information for a pricing changed to decrease the lender credit.<br>Reviewer Comment (2026-04-13): XXXX received COC dated XXXXbut as per COC the reason provided is not sufficient as to what exception has been provided on the loan and why it was required. Please provide more information to verify what new information has received to lender that has required an exception and resulted in increased closing cost. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | 36103869 | 200236905-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | 36103978 | 200236905-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV exceeds the guidelines maximum for non warrantable condo. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 35.23<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 722<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | 36140631 | 200236905-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | CLTV exceeds the guidelines maximum for non warrantable condo. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 35.23<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 722<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | 36119283 | 200236908-30082 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Refi Purpose reflects Rate/Term and cash out greater than the lesser of 2% of the loan amount or XXXX0. | Cash to Borrower: XXXX; Total Cash Out: XXXX; Refi Purpose: Rate/Term | Cash-out exceeds max of XXXX for a rate/term refinance. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | DTI: 33.08802% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 785<br>0x30x12 | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | 36122424 | 200236908-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Cash-out exceeds max of XXXX for a rate/term refinance. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 785<br>DTI: 33.08802% <br> Guideline Maximum DTI: 55.00000%<br>0x30x12 | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | 36128299 | 200236908-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of good standing provided for borrowing entity was not dated. |  |  |  | Reviewer Comment (2026-04-07): COGS provided.<br>Reviewer Comment (2026-04-03): Certificate of Good Standing provided for borrowing entity, XXXX XXXXXXXXs not dated. No additional documents have been provided.<br>Seller Comment (2026-04-01): (Rate Lock) COGs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | 36128307 | 200236908-6516 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Certificate of good standing provided for borrowing entity was not dated. |  |  |  | Reviewer Comment (2026-04-07): COGS provided.<br>Reviewer Comment (2026-04-03): Certificate of Good Standing provided for borrowing entity, XXXX XXXXXXXXs not dated. No additional documents have been provided.<br>Seller Comment (2026-04-01): (Rate Lock) COGs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | 36189916 | 200236911-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than guideline minimum of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 14.26<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 705<br>No derogatory, owned property since 8/22 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) More CF added<br>Reviewer Comment (2026-03-31): One comp factor was provided for 2 exceptions. Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | 36189917 | 200236911-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.99997% exceeds Guideline loan to value percentage of 70.00000%. | LTV exceeds guideline max of 70% on a cash-out refi for a property that has been listed for sale within the previous 6 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 14.26<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 705<br>No derogatory, owned property since 8/22 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) More CF added<br>Reviewer Comment (2026-03-31): One comp factor was provided for 2 exceptions. Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | 36189918 | 200236911-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.99997% exceeds Guideline combined loan to value percentage of 70.00000%. | CLTV exceeds guideline max of 70% on a cash-out refi for a property that has been listed for sale within the previous 6 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 14.26<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 705<br>No derogatory, owned property since 8/22 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) More CF added<br>Reviewer Comment (2026-03-31): One comp factor was provided for 2 exceptions. Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36219412 | 200236920-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception approval is provided to allow business being used for qualifying income being opened less than 2 years (opened XXXX) | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-04-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36221275 | 200236920-26033 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) | LE electronically signed on XXXX and application date is XXXX. |  |  |  | Reviewer Comment (2026-04-07): XXXX ReceIved disclosure summary showing LE mailed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36232980 | 200236920-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Borrower has less than 2 years of business existence can be considered with documentation of a minimum of XXXX employment history in the same line of work or related profession, prior to starting own business and being self-employed. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 708 | XXXX | Reviewer Comment (2026-04-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36233149 | 200236920-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall due to borrower being self-employed for less than 2 years and business has been in existence for less than 2 years. |  |  |  | Reviewer Comment (2026-04-08): Non-QM with pre-consummation lender exception and sufficient comp factors.<br>Seller Comment (2026-04-06): (Rate Lock) Exception provided due to lack of S/E and time in industry | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36233150 | 200236920-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to borrower being self-employed for less than 2 years and business has been in existence for less than 2 years. |  |  |  | Reviewer Comment (2026-04-08): Exception waived by Compliance department.<br>Reviewer Comment (2026-04-08): EV2-B with pre-consummation lender exception and sufficient comp factors.<br>Seller Comment (2026-04-06): (Rate Lock) Exception provided due to lack of S/E and time in industry | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | 36233151 | 200236920-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to borrower being self-employed for less than 2 years and business has been in existence for less than 2 years. |  |  |  | Reviewer Comment (2026-04-08): Exception waived by Compliance department.<br>Reviewer Comment (2026-04-08): EV2-B with pre-consummation lender exception and sufficient comp factors.<br>Seller Comment (2026-04-06): (Rate Lock) Exception provided due to lack of S/E and time in industry | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | 36264179 | 200236926-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. No valid COC was provided. |  |  |  | Reviewer Comment (2026-04-27): XXXX received a valid COC.<br>Reviewer Comment (2026-04-20): XXXX received COC dated XXXX states change reason for loan amount. However, the lender credit did not change proportionately with the loan amount change and is not a valid reason for the lender credit decrease. Provide additional information to support a pricing change for the lender credit decrease or cure would be due. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | 36128637 | 200236928-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Max LTV for rent free borrowers is 80% | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 752 | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | 36128638 | 200236928-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Max LTV for rent free borrowers is 80% | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 752 | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | 36278303 | 200236935-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for non-warrantable condo, high rise XXXX new construction project. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | DTI: 5.26763% <br> Guideline Maximum DTI: 55.00000%<br>Reserves: 38.20<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115264 | 200236937-31059 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | Borrower: XXXX XXXX XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | Verification of employment within 10 business days prior to note date was not provided. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115306 | 200236937-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (2026-04-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-06): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115307 | 200236937-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan Designation discrepancy due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115308 | 200236937-3313 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (XXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX & XXXX LLP/Wages) | Waterfall due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115309 | 200236937-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36115310 | 200236937-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (XXXX): General Ability-to-Repay requirements not satisfied. | Waterfall due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36118605 | 200236937-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for new construction. Project is complete, but they will not have the complete certificate of occupancy until all units are under contract. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 15.72<br> Guideline Requirement: 6.00<br>DTI: 30.27502% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 770 | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36118658 | 200236937-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Waterfall due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36118659 | 200236937-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX VVOE - Employment Only | Verification of employment within 10 business days prior to note date was not provided. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | 36118728 | 200236937-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing verification of employment within 10 business days prior to note date. |  |  |  | Reviewer Comment (2026-04-15): Received VVOE in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | 36128513 | 200236941-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR does not meet guidelines minimum requirement of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 25.33<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 797<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | 36128562 | 200236941-454 | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I | Note P&I of XXXX does not match Calculated P&I of XXXX |  |  |  |  | Reviewer Comment (2026-04-15): Received update Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36166577 | 200236948-31740 | XXXX | Credit | Title | General | Title | Final Title Policy Coverage is less than Original Loan Amount. | The Final Title Policy Amount of XXXX is less than the note amount of XXXX based on the Final in file. |  |  |  |  | Reviewer Comment (2026-04-22): Title policy with sufficient coverage amount provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36168293 | 200236948-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property located at XXXX was excluded from debts, however per guidelines full debt must be included unless 12 months proof of payment by other party is received or proof borrower is not on title/relinquished ownership. Proof required or this property must be included in debt-to-income calculations and this may exceed debt-to-income tolerance once added. Further conditions may apply. |  |  |  | Reviewer Comment (2026-04-29): Borrower not on Note and mortgage statement.<br>Reviewer Comment (2026-04-22): Documents provided show borrower as owner of XXXX. No evidence was provided in file to exclude property from DTI.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is not on the note to the 1st mtg - docs provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36168298 | 200236948-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Property located at XXXX was excluded from debts, however per guidelines full debt must be included unless 12 months proof of payment by other party is received or proof borrower is not on title/relinquished ownership. Proof required or this property must be included in debt-to-income calculations and this may exceed debt-to-income tolerance once added. Further conditions may apply. |  |  |  | Reviewer Comment (2026-04-29): Borrower not on Note and mortgage statement.<br>Reviewer Comment (2026-04-22): Documents provided show borrower as owner of XXXX. No evidence was provided in file to exclude property from DTI.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is not on the note to the 1st mtg - docs provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36168301 | 200236948-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall due to Property located at XXXX was excluded from debts, however per guidelines full debt must be included unless 12 months' proof of payment by other party is received or proof the borrower is not on title/relinquished ownership. Proof required or this property must be included in debt-to-income calculations and this may exceed debt-to-income tolerance once added. Further conditions may apply. |  |  |  | Reviewer Comment (2026-04-29): Borrower not on Note and mortgage statement. System cleared.<br>Reviewer Comment (2026-04-22): Documents provided show borrower as owner of XXXX. No evidence was provided in file to exclude property from DTI.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is not on the note to the 1st mtg - docs provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36168302 | 200236948-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Property located at XXXX was excluded from debts, however per guidelines full debt must be included unless 12 months proof of payment by other party is received or proof borrower is not on title/relinquished ownership. Proof required or this property must be included in debt-to-income calculations and this may exceed debt-to-income tolerance once added. Further conditions may apply. |  |  |  | Reviewer Comment (2026-04-29): Borrower not on Note and mortgage statement. System cleared.<br>Reviewer Comment (2026-04-22): Documents provided show borrower as owner of XXXX. No evidence was provided in file to exclude property from DTI.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is not on the note to the 1st mtg - docs provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36168303 | 200236948-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Property located at XXXX was excluded from debts, however per guidelines full debt must be included unless 12 months proof of payment by other party is received or proof borrower is not on title/relinquished ownership. Proof required or this property must be included in debt-to-income calculations and this may exceed debt-to-income tolerance once added. Further conditions may apply. |  |  |  | Reviewer Comment (2026-04-29): Borrower not on Note and mortgage statement. System cleared.<br>Reviewer Comment (2026-04-22): Documents provided show borrower as owner of XXXX. No evidence was provided in file to exclude property from DTI.<br>Seller Comment (2026-04-20): (Rate Lock) Borrower is not on the note to the 1st mtg - docs provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | 36311842 | 200236948-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36232443 | 200236950-7087 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Initial escrow account statement was not provided to the borrower. |  |  |  | Reviewer Comment (2026-04-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-09): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36232458 | 200236950-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Guidelines require max loan to value percentage of 80.00000% for rural property. However Calculated loan to value percentage was 90.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 746<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36232459 | 200236950-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Guidelines require max loan to value percentage of 80.00000% for rural property. However Calculated loan to value percentage was 90.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 746<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36237089 | 200236950-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to exclude the debt at XXXX St as the co-borrower's business pays for all expenses. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 746<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36237097 | 200236950-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 49.44974% exceeds Guideline total debt ratio of 45.00000%. | DTI exceeds guideline max of 45%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 746<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-22): (Rate Lock) Exception was already approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36237305 | 200236950-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Borrower is a 1099 contract employee. Please provide 1099 and YTD Bank statements covering the YTD period. |  |  |  | Reviewer Comment (2026-04-23): Borrower is not a 1099 employee.<br>Seller Comment (2026-04-22): (Rate Lock) 1099's/YTD info is not required as this is a bank statement loan where the borrower is considered Self-employed. Bank statements were used to qualify both borrower's. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36238667 | 200236950-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX 1099 | Borrower is a 1099 contract employee. Please provide 1099 and YTD Bank statements covering the YTD period. |  |  |  | Reviewer Comment (2026-04-23): Employee is not a 1099 employee.<br>Seller Comment (2026-04-22): (Rate Lock) 1099's/YTD info is not required as this is a bank statement loan where the borrower is considered Self-employed. Bank statements were used to qualify both borrower's. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36238717 | 200236950-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing 1099 and YTD Bank statements covering the YTD period for borrower. |  |  |  | Reviewer Comment (2026-04-23): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2026-04-22): (Rate Lock) 1099's/YTD info is not required as this is a bank statement loan where the borrower is considered Self-employed. Bank statements were used to qualify both borrower's. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36238718 | 200236950-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing 1099 and YTD Bank statements covering the YTD period for borrower. |  |  |  | Reviewer Comment (2026-04-23): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2026-04-22): (Rate Lock) 1099's/YTD info is not required as this is a bank statement loan where the borrower is considered Self-employed. Bank statements were used to qualify both borrower's. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36238719 | 200236950-25034 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (XXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 49.44974% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The DTI exceeds the guideline max of 45%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 746<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-22): (Rate Lock) Exception was already approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | 36238720 | 200236950-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing 1099 and YTD Bank statements covering the YTD period for borrower. |  |  |  | Reviewer Comment (2026-04-23): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2026-04-22): (Rate Lock) 1099's/YTD info is not required as this is a bank statement loan where the borrower is considered Self-employed. Bank statements were used to qualify both borrower's. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | 36190480 | 200236956-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2026-04-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | 36194877 | 200236956-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Ave, XXXXXXXX Insurance Verification | Insurance verification missing for XXXX property. |  |  |  | Reviewer Comment (2026-04-28): Verified from property history report that borrower is not on this property.<br>Reviewer Comment (2026-04-08): Insurance verification required for co-signor unless proof is provided that payments are made by another person.<br>Seller Comment (2026-04-07): (Rate Lock) Bwr co-signed for the MTG but has no ownership | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | 36194914 | 200236956-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSF's in the las 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 17.30228% <br> Guideline Maximum DTI: 55.00000%<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (2026-03-31): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | 36105180 | 200236917-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | 36105219 | 200236917-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Ave, XXXX, XXXX Statement | Mortgage statement for REO on XXXX was not provided. |  |  |  | Reviewer Comment (2026-04-02): CD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | 36105308 | 200236917-6498 | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Report Date: XXXX: Lender on Appraisal differs from the Note |  |  |  | Reviewer Comment (2026-04-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | 36139592 | 200236917-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing an Operating agreement for both businesses used to qualify. |  |  |  | Reviewer Comment (2026-04-02): TPV provided showing ownership percentages in business. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | 36139602 | 200236917-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Operating agreement | Loan file is missing an Operating agreement for borrowers' businesses to confirm the business ownership percentage. |  |  |  | Reviewer Comment (2026-04-02): TPV provided showing ownership percentages in business. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | 36095412 | 200236960-23698 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX | Fraud Report is Missing in loan file. |  |  |  | Reviewer Comment (2026-03-25): Fraud report provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | 36095450 | 200236960-2924 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is Missing in Loan file. |  |  |  | Reviewer Comment (2026-03-25): Fraud report provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | 36095503 | 200236960-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal Addendum shows design/style changed from Duplex with ADU to a Triplex. 3rd Unit square footage is less than 500 square feet at XXXX square feet. 2 Units with ADU. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.38 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) CF removed<br>Reviewer Comment (2026-03-20): Per compensating factors provided, monthly reserves are at least 4 months more than guideline minimum. Calculated reserves are 6.63 months and required reserves are 6 months. Please provide updated lender exception form. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | 36112347 | 200236960-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Certificate of Good Standing was not within 90 days prior to note date. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.38 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): (Rate Lock) Exception added for this being post close | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | 36307860 | 200236961-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow a cash out refinance with home purchased XXXX with a commercial loan obtained at that time and being paid off through current transaction. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 660<br> Representative FICO: 783<br>Housing payment history is 0x30x24 or better.<br>Borrower's Experience/Track Record. The borrower has: 15 Years of Experience. Currently holds 4 Properties and has Completed 4 Properties. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-30): Lender exception was not uploaded in file.<br>Seller Comment (2026-04-30): (Rate Lock) Added updated compensating factors | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | 36307982 | 200236961-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.90 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 660<br> Representative FICO: 783<br>Housing payment history is 0x30x24 or better.<br>Borrower's Experience/Track Record. The borrower has: 15 Years of Experience. Currently holds 4 Properties and has Completed 4 Properties. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-30): Lender exception was not uploaded in file.<br>Seller Comment (2026-04-30): (Rate Lock) Added updated compensating factors<br>Reviewer Comment (2026-04-20): Two compensating factors provided for 2 exceptions. Please provided additional comp factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36121302 | 200236971-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (2026-04-08): Document date provided. System cleared. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36121303 | 200236971-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (2026-04-08): Document date provided. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36128110 | 200236971-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXXXXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | Document date missing from CPA letter for XXXX & XXXX LLC busniness. |  |  |  | Reviewer Comment (2026-04-08): Document date provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36128114 | 200236971-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXXXXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | Document date missing from CPA letter for XXXX LLC. |  |  |  | Reviewer Comment (2026-04-08): Document date provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36128117 | 200236971-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXXXXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | Document date missing from CPA letter for XXXX XXXX LLC. |  |  |  | Reviewer Comment (2026-04-08): Document date provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | 36128327 | 200236971-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for length of borrower's business being less than 2 years. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 20.54<br> Guideline Requirement: 6.00<br>Borrower has been employed in the same industry for more than 5 years. | XXXX | Reviewer Comment (2026-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | 36258760 | 200236976-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Notary section of Guaranty Agreement is incomplete. Date entry and selection of "personally known" or ID "provided" was not filled out. |  |  |  | Reviewer Comment (2026-04-15): Received page in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | 36219802 | 200236980-41837 | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> State: XXXX | The Title Commitment or Preliminary title policy amount was not provided. |  |  |  | Reviewer Comment (2026-04-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-09): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | 36126872 | 200236986-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXX XXXXXXXX Insurance Verification | Insurance verification is missing for primary home. |  |  |  | Reviewer Comment (2026-04-08): Insurance verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | 36198020 | 200236986-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing borrower's 2 years employment history. Please provide documentation to prove borrower has been in the same field for XXXX. |  |  |  | Reviewer Comment (2026-04-08): More than XXXX employment history provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | 36102995 | 200236988-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 84.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 712<br>Borrower has a housing payment history is 0X30X24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | 36102996 | 200236988-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 84.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 712<br>Borrower has a housing payment history is 0X30X24 or better. | XXXX | Reviewer Comment (2026-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | 36277962 | 200236990-30673 | XXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | Effective date of CDA does not match effective date of appraisal. |  |  |  | Reviewer Comment (2026-04-28): Appraisal provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | 36351144 | 200253008-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed without cancelled checks on private VOM for PR. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 788<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | 36171817 | 200253014-2808 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  |  | Reviewer Comment (2026-04-02): Email received that XXXX Matrix used. 1008 in lieu of Approval provided.<br>Seller Comment (2026-04-01): Please see attached 1008 which also serves as the approval. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | 36246852 | 200253015-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Declining market 5$ TLV reduction. 75% max LTV allowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 15.97<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 32.60%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 759 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | 36246853 | 200253015-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Declining market 5$ TLV reduction. 75% max LTV allowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 15.97<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 32.60%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 759 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | 36272472 | 200253022-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.64 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved exception to use market rent without 3 months evidence of receipt required by guidelines, only one month's rent received, evidence for XXXX is pending receipt. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | 36273387 | 200253022-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (2026-04-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-14): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | 36284735 | 200253023-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.89 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved exception for DSCR < 1.00 @ 0.888XXXXsh-out refinance and 691 FICO, borrower lives rent free. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Loan to Value: 35.29412%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 73.53<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | 36188866 | 200253032-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 656 is less than Guideline representative FICO score of 660. | New Credit provided and score dropped below minimum 660 to 656. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Borrower has owned the subject property for at least 5 years.<br>Reserves: 23.16<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | 36285193 | 200253033-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (2026-04-17): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-16): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | 36323611 | 200253047-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 89.20<br> Guideline Requirement: 6.00<br>Loan to Value: 62.87372%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 768 | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | 36253721 | 200253052-40776 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | The only Closing Disclosure provided is the final Closing Disclosure. |  |  |  | Reviewer Comment (2026-04-13): XXXX received CD dated XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | 36302308 | 200253063-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-04-23): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-22): (Rate Lock) EV2 Accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | 36235510 | 200253068-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec XXXX | Note Date: XXXX; Lien Position: 1 | The file is missing a copy of the secondary valuation required for securitization purposes. |  |  |  | Reviewer Comment (2026-04-13): UCDP provided.<br>Seller Comment (2026-04-09): (Rate Lock) CU is 1.3 please advise why required. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | 36235523 | 200253068-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Insufficient funds to cover cash from borrower at closing. 1003 reflects an account with XXXX Bank, however, statements for account are not in file. |  |  |  | Reviewer Comment (2026-04-13): Bank statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | 36235581 | 200253068-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Assets in file are insufficient to satisfy reserve requirement. 1003 reflects an account with XXXX Bank, however, statements for account are not in file. |  |  |  | Reviewer Comment (2026-04-13): Bank statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | 36236471 | 200253068-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Guidelines Representative FICO: 660<br> Representative FICO: 749<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-22): (Rate Lock) Exception provided<br>Reviewer Comment (2026-04-07)XXXXlculated DSCR is 0.78. Difference is from taxes of XXXX considered as annual but are semi-annual. Please provide corrected lender exception reflecting DSCR of 0.78. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | 36162923 | 200253073-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the asset has legal nonconforming zoning with Agricultural residential zoning, | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 65.00000% | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | 36162943 | 200253073-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exceeding borrower concentration with more than five loans to the same borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 65.00000% | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | 36164869 | 200253073-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | For judgments guidelines require a LOE disclosing situation and reasons for outstanding amounts including any balances aged over seven years. This was not provided in file. |  |  |  | Reviewer Comment (2026-04-01): Received satisfaction of lien in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Please see uploaded evidence of satisfaction for liens/judgmentsXXXXong with the statute of limitations for any remaining cases. All cases shown on the background report are closed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | 36167539 | 200253074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the asset has legal nonconforming zoning with PBR zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 22.36<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 55.00000%<br> Guideline Maximum Combined Loan to Value: 65.00000%<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | 36167547 | 200253074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exceeding borrower concentration with more than five loans to the same borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 22.36<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 55.00000%<br> Guideline Maximum Combined Loan to Value: 65.00000%<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | 36169463 | 200253074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | For judgments guidelines require a LOE disclosing situation and reasons for outstanding amounts including any balances aged over seven years. This was not provided in file. |  |  |  | Reviewer Comment (2026-04-08): Judgement past Statute of limitations.<br>Seller Comment (2026-04-07): (Rate Lock) Please see statute of limitations that was uploaded again. Both cases are from XXXX, and statute of limiations state these expire after XXXX years. All judgments are thus closed/cleared.<br>Reviewer Comment (2026-04-06): There is no evidence that XXXX and XXXX were cleared.<br>Seller Comment (2026-04-02): (Rate Lock) An LOE is not applicable because there are no open/outstanding amounts. All cases have been cleared/closed as evidenced by the uploaded documents. Please clear/waive this condition.<br>Reviewer Comment (2026-04-01): A LOE should be provided disclosing situation and reasons for outstanding amounts including any balances aged over seven years. This was not provided in file.<br>Seller Comment (2026-03-30): (Rate Lock) Please see uploaded evidence of satisfaction for liens/judgmentsXXXXong with the statute of limitations for any remaining cases. All cases shown on the background report are closed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | 36169479 | 200253074-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Coverage shortfall XXXX. |  |  |  | Reviewer Comment (2026-04-01): RCE provided.<br>Seller Comment (2026-03-30): (Rate Lock) Please see uploaded RCEs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | 36166156 | 200253075-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (2026-04-02): RCE provided.<br>Seller Comment (2026-03-31): (Rate Lock) Please see uploaded RCE. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | 36168808 | 200253075-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the asset has legal nonconforming zoning with agricultural residential zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 36.73<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 48.18868%<br> Guideline Maximum Combined Loan to Value: 65.00000%<br>Loan to Value: 48.18868%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | 36168811 | 200253075-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exceeding borrower concentration with more than five loans to the same borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 36.73<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 48.18868%<br> Guideline Maximum Combined Loan to Value: 65.00000%<br>Loan to Value: 48.18868%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | 36188371 | 200253075-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file missing Operating Agreement for the borrowing entity. |  |  |  | Reviewer Comment (2026-04-02): Bylaws provided.<br>Seller Comment (2026-03-31): (Rate Lock) Please see uploaded corporate bylaws. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | 36188372 | 200253075-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (2026-04-02): Both shareholders on loan.<br>Seller Comment (2026-03-31): (Rate Lock) N/A - both sponsors signed loan docs, so no corporate resolution is needed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | 36152922 | 200253076-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Provided Hazard Insurance coverage has a coverage shortfall of XXXX. |  |  |  | Reviewer Comment (2026-04-01): Received RCE in trailing docs.<br>Seller Comment (2026-03-30): (Rate Lock) Please see uploaded RCE. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | 36153615 | 200253076-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal shows the asset has legal nonconforming zoning with agricultural residential zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 50.10<br> Guideline Requirement: 9.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | 36153631 | 200253076-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exceeded the borrower concentration limit with more than 5 loans to the same borrower. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 50.10<br> Guideline Requirement: 9.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | 36264115 | 200253078-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (2026-04-14): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | 36325004 | 200253082-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for 4 unit complex with each unit at XXXX sq. ft. each. Using cash-out for reserves. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Loan to Value: 48.73294%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 774<br>The DSCR of 1.32 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | 36325114 | 200253082-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Name of insured on hazard declaration page does not match title vesting as required per guidelines. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Loan to Value: 48.73294%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 774<br>The DSCR of 1.32 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | 36292605 | 200253084-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 667 is less than Guideline representative FICO score of 680. | Guidelines minimum FICO required is 680 with LTV of 80%. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.12 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | 36295111 | 200253084-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The gift letter provided does not indicate the date of transfer of funds as required per guidelines. |  |  |  | Reviewer Comment (2026-04-30): Received wire confirmation in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | 36295115 | 200253084-28640 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Missing donor's bank account showing transfer or wire of funds to the borrower. |  |  |  | Reviewer Comment (2026-04-30): Received wire confirmation in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36103565 | 200253086-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Preliminary in file. |  |  |  |  | Reviewer Comment (2026-03-25): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36104050 | 200253086-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-02): COC provided. System cleared.<br>Seller Comment (2026-04-01): (Rate Lock) Final SS shows this was applied at closing | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36104051 | 200253086-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for City, County Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-02): COC provided. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36117290 | 200253086-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX OD's in the previous 12 months from the business account. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 20.72353% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (2026-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36140846 | 200253086-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | CPA Letter provided is not dated. |  |  |  | Reviewer Comment (2026-04-02): Dated CPA letter provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36140851 | 200253086-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA Letter provided is not dated. |  |  |  | Reviewer Comment (2026-04-02): Dated CPA letter provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36140854 | 200253086-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing income documents. |  |  |  | Reviewer Comment (2026-04-02): Dated CPA letter provided. System cleared. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36140855 | 200253086-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing income documents. |  |  |  | Reviewer Comment (2026-04-02): Dated CPA letter provided. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36140856 | 200253086-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing income documents. |  |  |  | Reviewer Comment (2026-04-02): Dated CPA letter provided. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | 36213359 | 200253086-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-02): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | 36278203 | 200253088-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX XXXX | First time home buyers are ineligible per guidelines. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 729<br>The DSCR of 1.01 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-28): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-14)XXXXlculated LTV is 75%. Compensating factor provided of LTV 75% is not applicable. Please provide corrected Lender exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | 36285123 | 200253091-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The preliminary title report in file disclosed XXXX of title insurance coverage; however this is less than the loan amount of XXXX. Provide a copy of the final title policy or a supplemental title report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2026-04-17): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-16): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | 36285175 | 200253091-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 651 is less than Guideline representative FICO score of 660. | Lender exception was approved at origination for FICO of 651 when lowest allowable is 660. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 78.50<br> Guideline Requirement: 12.00 | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | 36256719 | 200253093-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Overdrafts exceed maximum of 5. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 770 | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | 36190546 | 200253094-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-04-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | 36208639 | 200253094-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | Business narrative is not dated. |  |  |  | Reviewer Comment (2026-04-14): E-Sign provided.<br>Reviewer Comment (2026-04-07): There is no date on the provided Business Narrative to verify when it was conducted. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | 36259571 | 200253095-28330 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Lender exception provided for loan amount XXXX, which is below the minimum requirement of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Reserves: 84.98<br> Guideline Requirement: 6.00<br>Borrower has 3 years investing experience. | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | 36263695 | 200253098-2827 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / XXXX / Quit-Claim not provided |  | Transfer/Warranty Deed required for purchase transaction. |  |  |  | Reviewer Comment (2026-04-15): Received deed in trailing docs.<br>Seller Comment (2026-04-14): (Rate Lock) Deed provided | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | 36254482 | 200253100-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA is only allocating 2.7% to reserves. 5% is required for non-warrantable. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 25.10%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 720 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | 36254486 | 200253100-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower receives guaranteed payments from employer per paystubs. Has received less than 2 years commission as this started XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 25.10%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 720 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | 36263227 | 200253100-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Commercial Zoning properties are ineligible. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 25.10%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 720 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | 36247092 | 200253101-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2026-04-08): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | 36320812 | 200253102-41837 | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> StateXXXX | Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2026-04-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-24): (Rate Lock) EV2 Accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | 36259617 | 200253103-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Loan file is missing a certificate of good standing for borrowing entity. |  |  |  | Reviewer Comment (2026-04-23): Date provided for COGS.<br>Seller Comment (2026-04-22): (Rate Lock) This is sufficient, as it confirms the business is active with the state. If not in good standing it would refelct that.<br>Reviewer Comment (2026-04-13): Provided document is Business entity listing. Require certificate of good standing for borrower entity. Exception remains | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | 36191299 | 200253104-4513 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  |  | Reviewer Comment (2026-04-21): Received articles in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | 36191303 | 200253104-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.80 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 48.46<br> Guideline Requirement: 6.00<br>Loan to Value: 35.51724%<br> Guideline Maximum Loan to Value: 75.00000%<br>Loan to Value: 35.51724%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-01): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | 36332440 | 200253122-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception approved for excessive Overdrafts in a 12-month period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Disposable Income: XXXX.<br>DTI: 3.92813% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 788<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | 36332463 | 200253122-40776 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | No evidence in file of borrower's receipt of initial Closing Disclosure(s). XXXX CD missing from the loan file. |  |  |  | Reviewer Comment (2026-05-04): CD provided. System cleared.<br>Reviewer Comment (2026-05-04): XXXX received disclosure tracking stating initial CD dated XXXX were provided but the same CD is missing from the file. Kindly provide initial CD as stated in disclosure summary three days prior to closing date in order to clear the exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | 36273180 | 200253124-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Cash-out refinance owned by borrower less than 6 months. Borrower purchased with a loan on XXXX. Subject is a rehab property formerly owned by the City of XXXX. Borrower has fully renovated one of the units, and it is now leased as of XXXX. Proceeds from cash-out will be used to complete the other unit. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 48.53<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 703<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | 36169909 | 200253130-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | This is a non-arm's length transaction between the current owner (seller) and the property manager (buyer) as they have a business-based relationship | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Debt Service Coverage Ratio: 2.06<br> Guideline Requirement: 0.75<br>Guidelines Representative FICO: 660<br> Representative FICO: 763<br>Experienced STR operators managing 60 STRs. | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | 36248379 | 200253131-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard insurance coverage is short XXXX. Provide policy reflecting sufficient coverage or replacement cost estimator. |  |  |  | Reviewer Comment (2026-04-28): RCE provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | 36258172 | 200253131-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: |  |  |  |  | Reviewer Comment (2026-04-28): Other TPV provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | 36258182 | 200253131-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing VVOE for borrower 1. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-29): VVOE provided is dated post close.<br>Seller Comment (2026-04-29): (Rate Lock) Exception added for being dated post close<br>Reviewer Comment (2026-04-28): VVOE for wage income for borrower within 20 business days prior to the note date was not provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | 36258191 | 200253131-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX, XXXX VVOE - Employment Only | Missing VVOE for borrower 1 dated within 10 business days of the note date. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-29): (Rate Lock) Exception added for being dated post close<br>Reviewer Comment (2026-04-28): VVOE for wage income for borrower within 20 business days prior to the note date was not provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | 36259413 | 200253131-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Hazard policy is for secondary residence and indicates the property will not be rented. Please provide updated policy and premium for rental property as loan was submitted as NOO. Or correct loan occupancy to Secondary Residence. |  |  |  | Reviewer Comment (2026-04-30): Updated Hazard insurance policy provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | 36249545 | 200253136-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.16<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | 36103229 | 200253141-2905 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided |  | Verification of Identification is missing in the file. |  |  |  | Reviewer Comment (2026-04-14): XXXXr's License provided.<br>Reviewer Comment (2026-04-07): Identification provided is not for guarantor. It is for non-guarantor. Please provide verification of identification for guarantor.<br>Reviewer Comment (2026-04-01): A verification of identification is required to comply with federal regulations for fraud prevention.<br>Seller Comment (2026-03-30): (Rate Lock) This is not required per guides | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | 36168253 | 200253143-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSF's in the last 12 months. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | DTI: 25.69317% <br> Guideline Maximum DTI: 45.00000%<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | 36172244 | 200253143-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-30): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | 36251153 | 200253147-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Loan amount is XXXX, however the Title policy amount is XXXX. |  |  |  | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-12): (Rate Lock) EV2 accept please wavie | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | 36275696 | 200253149-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was found in file. |  |  |  | Reviewer Comment (2026-04-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-14): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36199651 | 200253150-23931 | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  |  | Reviewer Comment (2026-04-07): Final title policy provided. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36199668 | 200253150-41838 | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Preliminary; <br> StateXXXX | Title Preliminary reflects an ALTA Loan Policy amount is missing. Final Title Policy was not provided to verify sufficient title coverage was obtained. |  |  |  | Reviewer Comment (2026-04-07): Coverage policy amount provided.<br>Seller Comment (2026-04-07): ATTACHED | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36203287 | 200253150-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Missing final, fully executed HUD-1 statement. An estimated HUD-1 was provided in the file. |  |  |  | Reviewer Comment (2026-04-07): Settlement Statement provided.<br>Seller Comment (2026-04-03): attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36203322 | 200253150-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal shows property as a 4-unit property, does not reflect ADUs. Guidelines do not allow this. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Loan to Value: 44.34615%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 802<br>Mortgage history dates back to 2006 all 0x30 | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-09): Per exception, the exception desk allowed for the other renters to be moved in therefore personal items are reflected in photos which exception desk reviewed and cleared.<br>Reviewer Comment (2026-04-07): Please provide 1004D per comments on approval. Lender exception approved on condition that 1004D shows all personal property removed from the 3 ADUs. The update provided does not show property was removed.<br>Seller Comment (2026-04-03): attached<br>Reviewer Comment (2026-04-02): Lender exception approved on condition that 1004D shows all personal property removed from the 3 ADUs. The update provided does not show property was removed. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36215986 | 200253150-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Multiple accessory units are not permitted by guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Loan to Value: 44.34615%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 802<br>Mortgage history dates back to 2006 all 0x30 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): exception was XXXXed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36216008 | 200253150-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal does not show the improvements are typical for the market through an analysis of at least one comparable property with the same use. |  |  |  | Reviewer Comment (2026-04-07): Appraisal shows comparables.<br>Seller Comment (2026-04-03): attached documents that were in the in the initial submission<br>Seller Comment (2026-04-03): attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | 36216174 | 200253150-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rural investment property is ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Loan to Value: 44.34615%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 802<br>Mortgage history dates back to 2006 all 0x30 | XXXX | Reviewer Comment (2026-04-07): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-03): attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | 36259660 | 200253153-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.27 is less than Guideline PITIA months reserves of 6.00. | Requesting an exception for 2 months reserves. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 50.28902%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 781 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | 36249970 | 200253159-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | First time home buyer not permitted per GL. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 680<br> Representative FICO: 801<br>Reserves: 32.31<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | 36249992 | 200253159-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require 12 months housing history is required from by providing a private VOR or canceled checks or bank statements. Only 9 months of cancelled checks were provided. |  |  |  | Reviewer Comment (2026-04-23): All checks provided.<br>Seller Comment (2026-04-21): (Rate Lock) Check provided<br>Reviewer Comment (2026-04-17): Missing cancelled check for XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | 36250022 | 200253159-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property does not meet minimum requirement of XXXX sq ft. per unite ss per guidelines. Unit #3 have less than XXXX ft rendering the property ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 32.31<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 801 | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36252810 | 200253160-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | No more than 5 NSFs in the most recent 12 months allowed by guidelines, borrower has XXXX NSFs in the last 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 25.97980% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-09): Lender exception form has LTV as a compensating factor. Calculated LTV exceeds maximum allowable by guidelines. Please update lender exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36257609 | 200253160-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Calculated loan to value percentage of 80.00% exceeds Guideline loan to value percentage of 70.00% for rural properties. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 25.97980% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36257610 | 200253160-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated combined loan to value percentage of 80.00% exceeds Guideline combined loan to value percentage of 70.00% for rural properties. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 25.97980% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36265215 | 200253160-35682 | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Date is missing on third party verification, business search document. |  |  |  | Reviewer Comment (2026-04-23): Third party verification with date provided.<br>Seller Comment (2026-04-21): (Rate Lock) Proof of date was provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36265230 | 200253160-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing date on third party verification. |  |  |  | Reviewer Comment (2026-04-23): Third party verification with date provided. System cleared.<br>Seller Comment (2026-04-21): (Rate Lock) Proof of date was provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | 36265231 | 200253160-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing date on third party verification. |  |  |  | Reviewer Comment (2026-04-23): Third party verification with date provided. System cleared.<br>Seller Comment (2026-04-21): (Rate Lock) Proof of date was provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | 36282255 | 200253171-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing mortgage statement for primary residence. |  |  |  | Reviewer Comment (2026-04-24): Credit Supplement provided.<br>Seller Comment (2026-04-23): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120107 | XXXX | 36322838 | 200253172-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided. |  |  |  | Reviewer Comment (2026-04-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-29): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | 36208424 | 200253175-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.79 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender requested an exception which was approved for DSCR below 1.000 (at 0.788). | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 740<br> Representative FICO: 782<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-23): (Rate Lock) Please advise how a high FICO and 24 months of no lates are not strong factors?<br>Reviewer Comment (2026-04-02): No strong compensating factors provided for the 2 lender exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | 36208471 | 200253175-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Lender requested an exception which was approved for LTV above max of 75% (at 80%) | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 740<br> Representative FICO: 782<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-23): (Rate Lock) Please downgrade and waive exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | 36208472 | 200253175-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Lender requested an exception which was approved for LTV above max of 75% (at 80%) | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 740<br> Representative FICO: 782<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-23): (Rate Lock) Please downgrade and waive exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | 36260806 | 200253190-7919 | XXXX | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. |  | Insurance Policy Expiration Date XXXX is less than 30 days of the note date and does not have automatic renewal. |  |  |  | Reviewer Comment (2026-04-30): Renewal provided.<br>Seller Comment (2026-04-30): (Rate Lock) renewal provided<br>Reviewer Comment (2026-04-23): Per guidelines if the policy will expire within 45 days, then a 30-day binder or evidence of renewal for one year is required.<br>Seller Comment (2026-04-21): (Rate Lock) And it was; the policy was good for 2 weeks after funding.<br>Reviewer Comment (2026-04-20): Adequate insurance coverage is required to be in place at the time of loan funding.<br>Seller Comment (2026-04-16): (Rate Lock) This is only for H06. Master has to be good 2 weeks past funding | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | 36260810 | 200253190-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First Time Investors require a DSCR of 1. Calculated DSCR is 0.88. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 680<br> Representative FICO: 750<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | 36261666 | 200253190-30831 | XXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | Hazard Insurance policy does not list Lender or Servicer, including successors and assigns. |  |  |  | Reviewer Comment (2026-05-01): Received Hazard insurance in trailing docs.<br>Seller Comment (2026-04-29): (Rate Lock) Please refer to page 2; it references the borrower and property address.<br>Reviewer Comment (2026-04-23): A copy of the current master policy showing the HOA as the named insured and a certificate of insurance covering the individual unit must be obtained. The certificate of insurance must include borrower's name, and property address. The certificate of insurance was not provided.<br>Seller Comment (2026-04-21): (Rate Lock) This is not required per guidelines; only for h06<br>Reviewer Comment (2026-04-20): Blanket insurance policy must list Lender or Servicer, including successors and assigns.<br>Seller Comment (2026-04-16): (Rate Lock) This is only required for H06 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | 36294555 | 200253191-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification | Insurance verification missing for borrower's primary. Mortgage statement indicates the mortgage is escrowed, however, it does not indicate if insurance is included. |  |  |  | Reviewer Comment (2026-04-24): Escrow payment reflects a higher amount than just taxes.<br>Seller Comment (2026-04-23): (Rate Lock) tax statement provided confirms mortgage statement includes both taxes and HOI | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | 36279577 | 200253192-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Provide additional assets documentation to meet reserves requirement. |  |  |  | Reviewer Comment (2026-04-28): Received additional assets in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | 36281069 | 200253192-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX |  |  |  | Reviewer Comment (2026-04-28): Received additional assets in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | 36250305 | 200253193-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower made mortgage payments in cash, 7 months bank statement is provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 12.81<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | 36264469 | 200253193-26651 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible borrower per guidelines. |  | Borrower is living rent freeXXXXsh-out not allowed for borrowers living rent-free. Transaction is ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 12.81<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-21): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | 36299007 | 200253194-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for an investment transaction with no primary housing expense. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 118.77<br> Guideline Requirement: 6.00<br>DTI: 22.32226% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 792 | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | 36299008 | 200253194-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for excessive NSF/OD activity within a 12 month period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 118.77<br> Guideline Requirement: 6.00<br>DTI: 22.32226% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 792 | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | 36188268 | 200253195-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  |  | Reviewer Comment (2026-04-23): EIN shows sole member.<br>Seller Comment (2026-04-22): (Rate Lock) An operating agreement is not required when the borrower is sole owner, and the EIN clearly reflects he is the only owner of the business. Please clear.<br>Reviewer Comment (2026-04-15): Guidelines require copy of fully executed operating agreement.<br>Seller Comment (2026-04-12): (Rate Lock) Bwr is sole owner of XXXXs LLC<br>Reviewer Comment (2026-04-07): Operating agreement provided is not for the borrowing entity. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | 36394387 | 200253195-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide updated purchase contract. |  |  |  | Reviewer Comment (2026-05-04): Document from County provided. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | 36305788 | 200253199-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | EIN missing for borrower business entity. |  |  |  | Reviewer Comment (2026-04-24): EIN provided.<br>Seller Comment (2026-04-23): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | 36305790 | 200253199-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Articles of organization were not found for borrowing business entity. |  |  |  | Reviewer Comment (2026-04-24): AOO provided.<br>Seller Comment (2026-04-23): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | 36305846 | 200253199-6516 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | File is missing the EIN and the articles of organization for the borrowing business entity. |  |  |  | Reviewer Comment (2026-04-24): Documentation provided.<br>Seller Comment (2026-04-23): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | 36250375 | 200253202-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The name on insurance should match vesting. HOI needs to be in the name of LLC. |  |  |  | Reviewer Comment (2026-04-29): Received updated hazard insurance in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | 36250416 | 200253202-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD 1 provided is not fully dated and executed by the borrower. |  |  |  | Reviewer Comment (2026-04-15): Received signed closing document in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120099 | XXXX | 36327209 | 200253204-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent free. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 444.70<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | 36246930 | 200253205-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | First time home buyer not permitted per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 17.27<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 775<br>The DSCR of 1.24 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | 36250162 | 200253205-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent free- no payment history provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 17.27<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 775<br>The DSCR of 1.24 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | 36307042 | 200253218-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | First time investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.04 is greater than the minimum required DSCR of 1.0.<br>Low revolving credit utilization | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-28): The compensating factors provided are not sufficient to waive/downgrade the exceptions. Exception can be waived but the grade will remain a 3.<br>Seller Comment (2026-04-26): (Rate Lock) Additional comp factors added<br>Reviewer Comment (2026-04-20): Please provide additional comp factors to waive/downgrade exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | 36307051 | 200253218-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 90 day delinquent account reflecting on credit with XXXX XXXX, requesting not to pay current. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.04 is greater than the minimum required DSCR of 1.0.<br>Low revolving credit utilization | XXXX | Reviewer Comment (2026-04-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-28): The compensating factors provided are not sufficient to waive/downgrade the exceptions. Exception can be waived but the grade will remain a 3.<br>Seller Comment (2026-04-26): (Rate Lock) Additional comp factors added<br>Reviewer Comment (2026-04-20): Please provide additional comp factors to waive/downgrade exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | 36263747 | 200253221-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 provided is incomplete and missing its first page. |  |  |  | Reviewer Comment (2026-04-24): Missing pages provided.<br>Seller Comment (2026-04-23): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | 36263750 | 200253221-2876 | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Page 1 and 2 of the security instrument document are provided in the file. |  |  |  | Reviewer Comment (2026-04-24): Missing pages provided.<br>Seller Comment (2026-04-23): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | 36263756 | 200253221-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification of appraisal being delivered to the borrower is not provided. |  |  |  | Reviewer Comment (2026-04-24): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | 36314028 | 200253222-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Min DSCR required is 1.00 as per guidelines, however calculated DSCR is 0.78. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 64.80061%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 23.97<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 763 | XXXX | Reviewer Comment (2026-04-21): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | 36262907 | 200253223-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Amount of XXXX is less than the note amount of XXXX. |  |  |  | Reviewer Comment (2026-04-17): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-16): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | 36262945 | 200253223-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-29): XXXX Received Valid COC dated XXXX along with rate lock.<br>Seller Comment (2026-04-28): (Rate Lock) Lock confirmation provided<br>Reviewer Comment (2026-04-22): XXXX received CD dated XXXX, however we require valid COC for decrease of lender credit on CD dated XXXX available in file for loan amount change. However, the change was not proportionate to the loan amount change. Though an LTV may change, the information did not state that there was a pricing/product/program change. Please provide additional supporting document to verify the pricing changed due to LTV change or cure is required. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | 36275223 | 200253223-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 13 ODs. Borrower stated NSF on LOE, however it is meant for addressing OD. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | 36361235 | 200253223-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-29): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | 36299326 | 200253231-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for condo association is a condotel. Due to it not being associated with a nationally recognized hotel chain. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 701<br>Housing payment history is 0x30x24 or better<br>The DSCR of 1.25 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | 36309628 | 200253238-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condo Association is a condohotel. Due to it not being associated with a nationally recognized hotel chain, an exception is required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 701<br>Reserves: 27.34<br> Guideline Requirement: 6.00<br>The DSCR of 1.18 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120127 | XXXX | 36347639 | 200253239-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a 4 unit property with 1 unit under 500 square feet. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 21.06<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 802<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | 36304790 | 200253241-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception to use higher of a market rent XXXX0 and actual rent XXXX0 from lease agreement, however 1st month rent receipt and security deposit is not provided. | The Loan to Cost (LTC) on the loan is less than the guideline maximum. | LTV is 66.6%, at least 5% less than guideline maximum of 75%. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | 36273002 | 200253245-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for mortgage shows 2 30 day late payments, however, both are from when the prior owner was in charge of the company. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | The DSCR of 1.31 is greater than the minimum required DSCR of 1.00.<br>Borrower's Experience/Track Record. The borrower has: 5 Years of Experience. Currently holds 2 Properties and has Completed 2 Properties. | XXXX | Reviewer Comment (2026-04-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | 36274382 | 200253245-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for cash-out with less than 6 months ownership. LLC has owned the property since XXXX, however, the borrower just bought in XXXX. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | The DSCR of 1.31 is greater than the minimum required DSCR of 1.00.<br>Borrower's Experience/Track Record. The borrower has: 5 Years of Experience. Currently holds 2 Properties and has Completed 2 Properties. | XXXX | Reviewer Comment (2026-04-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | 36233412 | 200253253-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 10XXXXCredit Application is missing for the borrower |  |  |  | Reviewer Comment (2026-04-13): Final 1003 provided.<br>Seller Comment (2026-04-13): (Rate Lock) Please see attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | 36305180 | 200253262-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec XXXX | Note Date: XXXX; Lien Position: 1 | Secondary valuation is missing. |  |  |  | Reviewer Comment (2026-04-28): CDA provided | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | 36305192 | 200253264-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-24): XXXX Received Valid COC along with revised CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | 36286194 | 200253265-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non-arm's length transaction. Buyer and Seller have a business relationship. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 796<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120066 | XXXX | 36309741 | 200253270-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for VOR that reflects borrower pays rent in cash every month. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | Reserves: 27.68<br> Guideline Requirement: 6.00<br>Loan to Value: 57.50000%<br> Guideline Maximum Loan to Value: 70.00000%<br>The DSCR of 1.12 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | 36273775 | 200253278-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Cash out refinance where borrower recently vacated subject property and now lives rent free. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 93.54<br> Guideline Requirement: 6.00<br>The DSCR of 1.10 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | 36273782 | 200253278-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is commercial zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 93.54<br> Guideline Requirement: 6.00<br>The DSCR of 1.10 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | 36260970 | 200253279-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property is a non-typical (unique) contemporary design home. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 2.57<br> Guideline Requirement: 1.00<br>Loan to Value: 61.82380%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-14): (Rate Lock) Exception was completed for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | 36262425 | 200253279-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property is income producing as a dorm. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Debt Service Coverage Ratio: 2.57<br> Guideline Requirement: 1.00<br>Loan to Value: 61.82380%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-09): Loan to Value: 61.82380%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | 36262434 | 200253279-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property is in a commercial zoning district. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Debt Service Coverage Ratio: 2.57<br> Guideline Requirement: 1.00<br>Loan to Value: 61.82380%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-09): Loan to Value: 61.82380%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | 36259719 | 200253284-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Private landlord VOR requires borrower's checks. For 6 months the rent was paid by a third party. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 49.37888%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 16.17<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 746 | XXXX | Reviewer Comment (2026-04-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | 36308011 | 200253296-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower being a first time homebuyer and first time investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Guidelines Representative FICO: 660<br> Representative FICO: 728<br>Reserves: 95.30<br> Guideline Requirement: 6.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | 36298690 | 200253321-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the following: Renting to family (2 of 4 units). DSCR below 1.00 (0.840). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record<br>Miscellaneous | Reserves: 62.74<br> Guideline Requirement: 6.00<br>Borrower is a seasoned investor with 2 prior investments.<br>Housing payment history is 0x30x24. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-24): Lender exception form still shows .84 in the "Value" field for the "Characteristic" DSCR, and for the #2 entry, after "below 1.00 (0.84)"<br>Seller Comment (2026-04-24): (Rate Lock) Corrected exception provided<br>Reviewer Comment (2026-04-20): Please provide an updated lender exception. The lender exception shows DSCR as 0.84XXXXlculated DSCR is 0.81. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | 36299338 | 200253323-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed with 1 of the 2 VORs showing primary housing history as not satisfactory. VOR reflects borrower paid on time during tenancy but left before lease ended. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 804 | XXXX | Reviewer Comment (2026-04-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36237586 | 200253327-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | XXXX statement was not provided for bank account ending XXXX. Eleven months of statements were provided. Guidelines require 12 months. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided.<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) as per the attached income worksheet the UW didn't use XXXX to qualify please review and clear the conditions | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36237639 | 200253327-27655 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | XXXX statement was not provided for bank account XXXX. Eleven months of statements were provided. Guidelines require 12 months. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided.<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) as per the attached income worksheet the UW didn't use XXXX to qualify please review and clear the conditions | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36237727 | 200253327-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing income document, bank statement, and insufficient assets. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided. System Cleared.<br>Seller Comment (2026-04-14): Please see attached XXXX Statement to clear that last condition<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) the UW didn't use XXXX to qualify , please see attached income worksheet , kindly review and clear the conditions | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36237728 | 200253327-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing income document, bank statement, and insufficient assets. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided. System Cleared.<br>Seller Comment (2026-04-14): Please see attached XXXX Statement to clear that last condition<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) the UW didn't use XXXX to qualify , please see attached income worksheet , kindly review and clear the conditions | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36249032 | 200253327-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing income document, bank statement, and insufficient assets. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided. System Cleared.<br>Seller Comment (2026-04-14): Please see attached XXXX Statement to clear that last condition<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) the UW didn't use XXXX to qualify , please see attached income worksheet , kindly review and clear the conditions | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36249036 | 200253327-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | XXXX statement was not provided for bank account XXXX. Eleven months of statements were provided. Guidelines require 12 months. |  |  |  | Reviewer Comment (2026-04-14): XXXX statement provided.<br>Seller Comment (2026-04-14): (Rate Lock) Please see attached<br>Reviewer Comment (2026-04-14): Guidelines require 12 or 24 months of statements. There is not an 11 month bank statement program in the Guidelines. XXXX statement required. UW worksheet provided is too small and illegible.<br>Seller Comment (2026-04-13): (Rate Lock) as per the attached income worksheet the UW didn't use XXXX to qualify please review and clear the conditions | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | 36250566 | 200253327-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The origination guidelines are not available. Due Diligence review based on non-origination guidelines (i.e. aggregator, seller). |  |  |  | Reviewer Comment (2026-04-14): Select Matrix applies.<br>Seller Comment (2026-04-14): (Rate Lock) this is will be under alt docs and kindly contact XXXX if there is any clarification needed .TY<br>Seller Comment (2026-04-14): (Rate Lock) this is will be under alt docs<br>Seller Comment (2026-04-14): (Rate Lock) This is under Select<br>Reviewer Comment (2026-04-14): We have Choice, Expanded, and Select. We do not have XXXX Matrix<br>Seller Comment (2026-04-13): (Rate Lock) This is under XXXX XXXX Alt Doc 30 Yr Fixed, please review and advise | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | 36313451 | 200253343-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Dr, XXXXXXXX Insurance Verification | Missing insurance verification for XXXX Dr. |  |  |  | Reviewer Comment (2026-04-27): Received CD in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | 36313453 | 200253343-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification | Missing insurance verification for XXXX XXXX. |  |  |  | Reviewer Comment (2026-04-27): Received CD in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | 36320697 | 200253350-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception provided in file for varied rent payments and lacking 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 22.49<br> Guideline Requirement: 6.00<br>DTI: 20.95151% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | 36285914 | 200253353-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | Max LTV for a rural cash out transaction is 65% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 804<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | 36285915 | 200253353-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Max LTV for a rural cash out transaction is 65% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 804<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | 36353691 | 200253356-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for borrower Visa Class. | The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI: 14.53747% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (2026-04-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | 36357383 | 200253356-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for MERS Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2026-04-28): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | 36272746 | 200253363-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Budgeted reserves under 5% (2.1%). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 16.58<br> Guideline Requirement: 6.00<br>Loan to Value: 54.89130%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 771 | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | 36273637 | 200253363-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower does not have housing history and is a first-time investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 16.58<br> Guideline Requirement: 6.00<br>Loan to Value: 54.89130%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 771 | XXXX | Reviewer Comment (2026-04-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | 36292777 | 200253368-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The lender exception requested to waive a second appraisal for a flip; CDA is within 10% tolerance. The exception is approved with compensating factors: an experienced investor with a minimum of 5 other REOs held under the business, and NAL is just a business relationship, and they have done this on at least 2 other properties owned. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 680<br> Representative FICO: 755<br>The DSCR of 1.37 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | 36292778 | 200253368-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Allow flip on a non-arm's length transaction. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 680<br> Representative FICO: 755<br>The DSCR of 1.37 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | 36285354 | 200253369-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to waive a 2nd appraisal for a flip. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 281.36<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 755<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | 36286845 | 200253369-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow a flip on a non arms length transaction. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 281.36<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 755<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | 36302401 | 200253386-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow use of capital gains income from property flipping on bank statements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Reserves: 108.04<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (2026-04-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | 36304665 | 200253386-29618 | XXXX | Credit | Credit | Credit Documentation | Guideline | The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file. |  | Current housing payment history for the most recent 12 months was not documented. |  |  |  | Reviewer Comment (2026-04-28): Property owned free & clear.<br>Seller Comment (2026-04-24): attached<br>Seller Comment (2026-04-24): In the Assets – Sale Proceeds efolder there are two settlement statements, one is dated XXXX showing the loan being opened for XXXX on XXXX, and then the second is on XXXX showing XXXX was sold and that mortgage opened XXXX was paid off. The mortgage was opened for less than 30 days, so no payments were made, so not history could be provided. The two settlement statements show the "history" and should be sufficient.<br>Reviewer Comment (2026-04-22): Closing statement in file shows a mortgage payoff of first mortgage on primary residence XXXX. Please provide housing history.<br>Seller Comment (2026-04-20): Current home is owned free and clear. Proof taxes and insurance have been paid in lieu of mortgage history | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | 36298730 | 200253388-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception Request for non-arm's length transaction. Mother is purchasing property from son. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 833.91<br> Guideline Requirement: 12.00<br>Combined Loan to Value: 59.83398%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | 36307809 | 200253388-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing dated within 90 days prior to note date was not provided. |  |  |  | Reviewer Comment (2026-04-24): Valid COGS provided.<br>Seller Comment (2026-04-23): (Rate Lock) doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | 36314497 | 200253402-21723 | XXXX | Credit | Credit | Transaction Error | Credit | Transaction Error: Total Cash-out on a purchase transaction. | Borrower is receiving total cash-out of XXXX on a purchase transaction. | Borrower is receiving total cash-out of XXXX on a purchase transaction. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 36.73<br> Guideline Requirement: 6.00<br>The DSCR of 1.48 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2026-05-01): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (2026-04-29): A lender exception with compensating factors to waive and downgrade the exception.<br>Seller Comment (2026-04-28): (Rate Lock) What is needed to clear? | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | 36386438 | 200253402-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is 4 units: unit 2 is less than 500 sq ft @XXXX sq ft | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 36.73<br> Guideline Requirement: 6.00<br>The DSCR of 1.48 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2026-05-01): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | 36306318 | 200253409-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSF's and XXXX overdrafts in the last 12 months. Max allowed per guidelines is 5. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | 36298281 | 200253427-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower used an attorney-in-fact to sign documents on their behalf at closing. The borrower must explain the hardship for the use of a POA, describing why the borrower was unable to execute documents in person. This was not provided. |  |  |  | Reviewer Comment (2026-04-23): Initial 1003, signed, and letter provided.<br>Seller Comment (2026-04-23): Please see attached initial 1003<br>Seller Comment (2026-04-23): (Rate Lock) Please see attached initial 1003<br>Seller Comment (2026-04-22): (Rate Lock) The initial 1003 has been requested and I will provide ASAP. TY<br>Reviewer Comment (2026-04-20): Guidelines do not state that DSCR loans are not subject to the Power of Attorney Section. The limiting condition is addressed in the section that seems to be pertaining to all borrowers and not just a doc type.<br>Seller Comment (2026-04-17): Please see attached LOE from borrower re: POA. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | 36298282 | 200253427-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower used an attorney-in-fact to sign documents on their behalf at closing. The borrower must sign the initial loan application and disclosures. This was not found in file. |  |  |  | Reviewer Comment (2026-04-23): Initial 1003, signed, provided.<br>Seller Comment (2026-04-23): Please see attached initial 1003<br>Seller Comment (2026-04-23): (Rate Lock) Please see attached initial 1003<br>Seller Comment (2026-04-22): (Rate Lock) The initial 1003 has been requested and I will provide ASAP. TY<br>Reviewer Comment (2026-04-21): Per guidelines, borrower must sign the initial loan application.<br>Seller Comment (2026-04-17): This is a DSCR loan and disclosures are not required for this program. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | 36305197 | 200253432-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Neither of the escrow waiver reason checkboxes are marked on the consumer's final Closing Disclosure. |  |  |  | Reviewer Comment (2026-04-27): XXXX Received Letter of Explanation & Corrected Closing Disclosure. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | 36305202 | 200253432-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. |  |  |  | Reviewer Comment (2026-04-27): Received E-sign consent in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | 36306920 | 200253432-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for subject being a rural property on over 10 acres. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | 36324664 | 200253449-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.80 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 747<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (2026-04-27): (Rate Lock) Please downgrade and waive | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | 36307439 | 200253450-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a cash out refinance for a borrower without a primary housing payment. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Loan to Value: 50.63291%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 39.78<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | 36298632 | 200253473-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property has greater than 10 Acres that does not meet guidelines requirements. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 53.10<br> Guideline Requirement: 12.00<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | 36307050 | 200253473-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property has 4 detached units. 3 units have a sq ft under 500. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Miscellaneous | Reserves: 53.10<br> Guideline Requirement: 12.00<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (2026-04-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | 36326711 | 200253479-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for XXXX NSFs and XXXX ODs in a 12-month period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 70.53<br> Guideline Requirement: 6.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 36.86912% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | 36320238 | 200253496-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception request for non-arm's length transaction, LOE provided seller is a former customer of the borrowers. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 47.98<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | 36320240 | 200253496-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.96 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First time investor with a DSCR score less than 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 47.98<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120175 | XXXX | 36329814 | 200253515-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Reserves: 64.05<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2026-04-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | 36333565 | 200253517-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title policy amount of XXXX in Commitment title policy is less the note amount of XXXX. |  |  |  | Reviewer Comment (2026-04-27): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | 36342975 | 200253541-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a non arms length transaction and a first time investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 11.86<br> Guideline Requirement: 6.00<br>The DSCR of 1.19 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | 36311465 | 200253563-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception Requested to allow renting to family. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 790<br>Reserves: 123.35<br> Guideline Requirement: 6.00<br>The DSCR of 1.20 is greater than the minimum required DSCR of 1.00.<br>Housing payment history of 0x30x24. | XXXX | Reviewer Comment (2026-04-21): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | 36314046 | 200253582-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-04-27): Received LOE, principal reduction and corrected CD in trailing docs. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | 36314063 | 200253582-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds max of 80% for a borrower with no housing history. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 10.60110% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | 36314064 | 200253582-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | CLTV of 85% exceeds max of 80% for a borrower with no housing history. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 10.60110% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (2026-04-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | 36342034 | 200253636-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. Please provide a copy of the final title policy/addendum to the title preliminary/commitment report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (2026-04-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2026-04-29): (Rate Lock) EV2 ACCEPT PLEASE WAIVE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | 36342055 | 200253636-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved exception for DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Reserves: 59.73<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 794<br>Housing payment history is 0x30x24 or better.<br>Borrower's Experience/Track Record. Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | 36342073 | 200253636-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for derogatory credit event. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Reserves: 59.73<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 794<br>Housing payment history is 0x30x24 or better.<br>Borrower's Experience/Track Record. Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Reviewer Comment (2026-04-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | 36387538 | 98093-2904 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor Agreement is missing in file. |  |  |  | Reviewer Comment (2026-03-30): Guarantor Agreement is provided in file. Exception Cleared<br>Buyer Comment (2026-03-27): guaranty | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | 36387539 | 98093-6370 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided |  | Rider - Prepayment is missing with borrower signature. |  |  |  | Reviewer Comment (2026-04-03): Received PPP rider with borrowers signature. Exception cleared.<br>Buyer Comment (2026-04-01): prepayment<br>Reviewer Comment (2026-03-30): Provided document is PPP addendum to Note, require Rider-Prepayment with borrower signatures. Exception remains<br>Buyer Comment (2026-03-27): prepay | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | 36387540 | 98093-5798 | XXXX | Credit | Credit | Credit Documentation | Credit | Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan. |  | Business Purpose Certificate in the file however it is not signed, unitialed or notarized. |  |  |  | Reviewer Comment (2026-03-30): Business Purpose Certificate in the file with signed by borrower. Exception Cleared<br>Buyer Comment (2026-03-27): business purpose | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | 36387542 | 98093-41315 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  | Buyer Comment (2026-03-19): Acknowledged non-material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | 36387543 | 98093-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approved exception request received for two XXXXldings on the same lot received. awaiting TPR review. \*\*\*No action required from Lender. \*\*\* | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2026-03-19): Exception provided.<br>Reviewer Comment (2026-03-19): .<br>Reviewer Comment (2026-03-19): cleared | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120155 | XXXX | 36387545 | 100866-2799 | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Client requested:<br> 1.Note to be resigned removing XXXX XXXX as an individual.<br> 2. Security Instrument to be resigned removing XXXX XXXX as individual. Provide letter of intent to re- record |  |  |  | Reviewer Comment (2026-03-26): After further review I feel the Note is acceptable. Spouse signed as trustee and settlor only and not individually. As to the SI. Spouse signed as trustee and settlor. Although she also signed as individual, this would be acceptable as it creates no obligation for spouse and merely creates consent to allow whatever marital interest, she may have individually outside the vested trust interest to be encumbered in the event of default and foreclosure. It is deemed an overkill and not required but also not an issue | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | 36387547 | 97221-4513 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization/Formation is required for business XXXX XXXX LLC, a Limited Liability Company. |  |  |  | Reviewer Comment (2026-04-03): Articles of Organization/Formation is provided for business XXXX XXXX LLC, a Limited Liability Company. Exception Cleared<br>Buyer Comment (2026-04-02): Articles of Organization | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | 36387548 | 97221-2904 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor Agreement is missing in file for XXXX XXXX LLC, a Limited Liability Company. |  |  |  | Reviewer Comment (2026-04-14): Agreement provided.<br>Buyer Comment (2026-04-13): Guaranty | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | 36387549 | 97221-23698 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX LLC, a Limited Liability Company | Entity not referenced on Participating list. |  |  |  | Reviewer Comment (2026-04-07): Business entity fraud report is provided in file on Participating list. Exception Cleared<br>Buyer Comment (2026-04-06): The business entity is listed as a participant. Please re-review and clear.<br>Reviewer Comment (2026-04-03): Business Entity Fraud report is required in file for XXXX XXXX LLC, a Limited Liability Company. Exception remains<br>Buyer Comment (2026-04-02): Fraud Report | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | 36387550 | 97221-2896 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Prepayment Penalty Discrepancy<br> Exception Information<br> Final CD indicates loan has PPP, however file does not contain prepayment penalty addendum or prepayment riderXXXXso First Payment Letter, rate lock indicates file does have prepayment penalty.<br> Exception Explanation<br> Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum. Provide all prepayment closing documentation (Corrected Signed Note with Prepayment Addendum, Signed Security Instrument to include Signed Prepayment Rider with letter of intent to rerecord, Signed Attestation letter documenting the lender's destruction of the incorrected note and addendum) or Corrected PCCD with LOE to the consumer and First payment letter removing the prepayment penalty. |  |  |  | Reviewer Comment (2026-04-14): Note, SI, PPP riders and addendum, LOI provided.<br>Buyer Comment (2026-04-10): LOE, LOI, Mtg with rider and Note/addendum | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | 36387551 | 97221-41315 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  |  | Buyer Comment (2026-04-14): Acknowledged as non-material. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | 36387552 | 101109-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan file must include documentation detailing the DSCR<br> calculation, such as the 1008, Loan Approval or a DSCR Calculation Worksheet |  |  |  | Reviewer Comment (2026-04-08): DSCR Calculation Worksheet associated. Exception Cleared<br>Buyer Comment (2026-04-07): DSCR calc | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | 36387553 | 101109-686 | XXXX | Compliance | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Note grace period days less than minimum per state |  |  |  |  |  | Buyer Comment (2026-04-02): Acknowledged non material | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | 36387554 | 101109-685 | XXXX | Compliance | Compliance | State Compliance | State Late Charge | Note Error: Note late charge percentage exceeds maximum per state |  |  |  |  |  | Buyer Comment (2026-04-02): Acknowledged non material | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | 36387556 | 101109-3882 | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. | Notice of Special Flood Hazard Disclosure is not signed. EV2 |  |  |  | Reviewer Comment (2026-04-13): Received Notice of special flood hazard signed by borrower. Exception cleared.<br>Buyer Comment (2026-04-10): Special Flood Hazard notice | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120158 | XXXX | 36387557 | 100329-2908 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Unapproved Lender Exception Requested: My client was added to her ex-boyfriend's property through a quitclaim deed, but she was never responsible for the mortgage payments or the upkeep of the loan. After their breakup, he stopped making payments while continuing to live in the home leading to a foreclosure that appeared in her name only because she held title. She later purchases the property back from the lien holders in cash and ultimately sold it in XXXX. Given that she had no control over the mortgage or the payment default, we are requesting an exception for this foreclosure. Please see abstract attached. Compensating Factors: Borrower is an experienced investor. Borrower owns 4 other properties, they are all free & clear, no mortgage on them. Borrower credit score is 753. Credit report shows no late payments nor derogatory credit whatsoever. Borrower has XXXX in reserves. Please review for acceptance or validity. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 122 vs 3 | XXXX | Reviewer Comment (2026-04-07): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2026-04-07): Approved exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | 36387561 | 101206-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is insufficient by XXXX. Provide updated policy reflecting minimum coverage of XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (2026-04-09): The ERC has been provided for XXXX.<br>Buyer Comment (2026-04-09): Lender's response: Policy Accord confirms 100% replacement D0186<br>This is not a directive from XXXX. Please review document. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | 36387562 | 101206-27172 | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | The employment and income section of the loan application should not be completed. |  |  |  | Reviewer Comment (2026-04-09): Corrected 1003 has been provided.<br>Buyer Comment (2026-04-09): 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | 36387563 | 101206-41816 | XXXX | Credit | Guideline | Guideline Issue | Guideline | DSCR does not meet guideline requirements. |  | In Title address: "XXXX, XXXXXXXX XXXX (XXXX as per Title) However Note, 1004, CDA and Insurance reflect XXXX)<br>Lender to confirm the correct address and provide required docs accordingly |  |  |  | Reviewer Comment (2026-04-14): Updated title commitment is provided with correct subject property address. Exception Cleared<br>Buyer Comment (2026-04-13): updated title with the corrected address attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | 36387564 | 101206-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 691 is less than Guideline representative FICO score of 700. | Unapproved Lender Exception Requested: Approval for DSCR 13 Interest only with FICO score of 691 (Minimum 700 required) Compensating Factors: Strong reserves; 5 year history of mortgage payments with 0 lates. Please review for acceptance | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | XXXX | Reviewer Comment (2026-04-09): Lender Exception with Compensating Factors provided.<br>Buyer Comment (2026-04-07): Exception approval<br>Buyer Comment (2026-04-07): Investor approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | 36387566 | 102076-2876 | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | The security instrument in file is missing " true and certified stamped copy of the original recorded". |  |  |  | Reviewer Comment (2026-03-03): Cleared based on client directive. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | 36387567 | 102076-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Require an updated Final 1003 to add XXXX XXXX, XXXXXXXX in accordance with the information disclosed on the initial 1003. Mortgage Statement was provided. |  |  |  | Reviewer Comment (2026-03-09): Updated Final 1003 with add XXXX XXXX is provided, Exception Cleared<br>Buyer Comment (2026-03-06): 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | 36387568 | 102076-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Retirement account was omitted from closing and used for reserves only due to lack of liquidation. |  |  |  | Reviewer Comment (2026-03-30): XXXX EMD came from the borrowers HELOC with XXXX #XXXX. Exception Cleared<br>Buyer Comment (2026-03-26): Assets and LOE<br>Reviewer Comment (2026-03-16): Received Final CD, Attorney confirmation of EMD. We have EMD check dated XXXX and attorney confirmation dated XXXX. However required Account statement or source from where the EMD funds were debited / originated. Exception remains.<br>Buyer Comment (2026-03-13): CD<br>Buyer Comment (2026-03-13): XXXX letter<br>Buyer Comment (2026-03-13): Credit<br>Buyer Comment (2026-03-13): Lox<br>Reviewer Comment (2026-03-10): Provide source of documents for EMD of XXXX which is excluded from #XXXX. Exception remains<br>Buyer Comment (2026-03-09): CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | 36387569 | 102076-911 | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Subject zoning compliance not provided. |  | Zoning of Downtown Business District 2 is not allowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 8.69 vs 3 | XXXX | Reviewer Comment (2026-04-02): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2026-04-01): DSCR v12<br>Buyer Comment (2026-04-01): New XXXX<br>Buyer Comment (2026-03-31): Loan will be moving to XXXX<br>Buyer Comment (2026-03-31): investor exception approval<br>Reviewer Comment (2026-03-25): Client to confirm acceptable for clearing consideration<br>Buyer Comment (2026-03-24): UW Rebuttal<br>Buyer Comment (2026-03-23): See addendum 1<br>Buyer Comment (2026-03-23): Appraisal and UCDP | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120161 | XXXX | 36387570 | 101164-27172 | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | A discrepancy noted in the property address City name between the Title Commitment and Other loan docs. Title reflects city name as "XXXX" However other docs in file has "XXXX"<br> Lender to confirm and provide all corrected legal and credit documents as necessary. |  |  |  | Reviewer Comment (2026-04-15): Title commitment is provided in file with correct subject address. Exception Cleared<br>Buyer Comment (2026-04-14): Title | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | 36387572 | 101078-4061 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Occupancy certificate required as per guide. |  |  |  | Reviewer Comment (2026-03-30): Received BPC confirming the occupancy. Exception cleared.<br>Buyer Comment (2026-03-26): Business purpose certificate | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | 36387573 | 101078-2919 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan file must include documentation detailing the DSCR<br> calculation, such as the 1008, Loan Approval or a DSCR Calculation Worksheet |  |  |  | Reviewer Comment (2026-04-07): DSCR Calculation Worksheet is provided in file. Exception Cleared<br>Buyer Comment (2026-04-03): DSCR calculation | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | 36387574 | 101078-27641 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Explanation Letter not provided |  | Require a LOE for large deposits XXXX, XXXX & XXXX reflecting in account XXXX. |  |  |  | Reviewer Comment (2026-04-07): LOE for large deposits XXXX, XXXX & XXXX is provided. Exception Cleared<br>Buyer Comment (2026-04-03): LOX large deposit | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | 36387575 | 101078-3838 | XXXX | Credit | Asset | Asset Eligibility | Asset | Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines |  | 4.7% seller concessions > 3% maximum allowed per guidelines.<br>Calculated seller credit is 4.7% of the sales price which exceeds the guide requirement of 3%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (2026-04-09): See other EV3 exception, investor accepts and approved to waive and downgrade.<br>Reviewer Comment (2026-04-09): Moving to LS<br>Buyer Comment (2026-04-09): Loan moving to LS. LS approved exception, DSCR v12<br>Reviewer Comment (2026-04-09): Re-opened loan moving to LS<br>Reviewer Comment (2026-04-08): Exception provided.<br>Buyer Comment (2026-04-06): XXXX approved the exception for seller concessions at 4.7%, which exceeds the 3% per guideline requirements. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | 36387576 | 101078-26051 | XXXX | Credit | Guideline | Guideline Issue | Guideline | The Borrower's minimum contribution was not met, per guidelines. | LTV: 80.00000%; <br> Purpose: Purchase; <br> Percent of Borrower's Contribution: 1.17% | 4.7% seller concessions > 3% maximum allowed per guidelines.<br>Calculated seller credit is 4.7% of the sales price which exceeds the guide requirement of 3%.<br>XXXX approved the exception for seller concessions at 4.7%, which exceeds the 3% per guideline requirements. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (2026-04-09): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | 36387577 | 100699-26650 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible Property Type per the guidelines. |  | As per guide commercial Zoned properties are ineligible however as per appraisal Zoning description is Downtown commercial (Minimum XXXX - Front 75). Client to review for acceptability | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2026-04-14): Investor exception provided.<br>Buyer Comment (2026-04-10): investor exception approval | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | 36387578 | 100699-6460 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | Fraud Report is missing for XXXX XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (2026-04-06): Fraud report for the entity name as a participant in the watchlist is provided. Exception Cleared<br>Buyer Comment (2026-04-03): fraud rpt with entity as participant<br>Reviewer Comment (2026-04-01): Fraud report not received. Provide Fraud report for the entity or entity name as a participant in the watchlist. Exception remains<br>Buyer Comment (2026-03-30): fraud rpt | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | 36387579 | 100699-23088 | XXXX | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | The appraisal revealed property damage. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Some of the property images are identified as damages - Front Entry to Unit 1 Missing Trim/Finish, Damage Sliding on Rear , Gap in Trim on Front. Review for acceptance. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2026-04-14): Investor exception provided.<br>Buyer Comment (2026-04-10): investor exception approval<br>Buyer Comment (2026-04-09): loe/appraiser comments<br>Reviewer Comment (2026-04-06): Received same appraisal document however as per guide, property needs to be completely repaired with all damages addressed along with the completed work images. Exception remains.<br>Buyer Comment (2026-04-03): appraisal<br>Buyer Comment (2026-04-03): per seller: please see page 16 & 17 regarding trim and siding. Please see roof inspection<br>Reviewer Comment (2026-04-01): Received borrower acknowledgement that they do not need the repairs to be completed. However as per guide, property needs to be completely repaired with all damages addressed along with the completed work images. Exception remains.<br>Buyer Comment (2026-03-30): Inspection | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | 36387581 | 100699-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) is missing for XXXX XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (2026-04-09): Received Employer Identification Number (EIN). Exception Cleared.<br>Buyer Comment (2026-04-08): EIN | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387592 | 96814-23365 | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 5.07442% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or 2.07442%). | EV2 Informational |  |  |  | Buyer Comment (2026-02-13): Acknowledged non material | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387593 | 96814-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Exchange Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Exchange Fee was disclosed as XXXX on Initial LE and XXXX on Final CD. No Evidence of cure and no valid COC provided in file. |  |  |  | Reviewer Comment (2026-02-25): XXXX received additional LOE and LOS snip to verify program change on XXXX.<br>Buyer Comment (2026-02-23): Please see uploaded COC and response/email from lender | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387595 | 96814-2729 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the Borrower |  |  |  | Reviewer Comment (2026-03-23): Cure documentation received. Loan is no longer high cost.<br>Buyer Comment (2026-03-23): Borrower choice letter<br>Reviewer Comment (2026-03-23): The letter was not uploaded. A CD XXXX was provided.<br>Buyer Comment (2026-03-19): Please see uploaded borrower choice letter and cure documentation<br>Reviewer Comment (2026-03-09): Provide a signed letter from the borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant. The borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower.<br>Buyer Comment (2026-03-05): LOE, PCCD, refund check and delivery<br>Reviewer Comment (2026-02-26): The XXXX electronic delivery fee, it's being included due to the payee language on the CD that includes "..... XXXX". This indicates fee is being paid to the lender and it also would be included. It was indicated we would need a third party invoice to exclude this electronic delivery fee, if it was ultimately passed along to unaffiliated third party. <br>Excluding the XXXX fee would not get the HOEPA fees under 5% however. remediation information. Please note the cure amount of XXXX is the overage with the XXXX fee included, but if we receive invoice or other evidence this fee was ultimately passed along to unaffiliated third party provider, then that overage total will differ.<br> The HOEPA fee violation may be cured, within 30 days of consummation or 60 days of discovery, by providing the following:<br> (1) Signed letter from borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant;<br> (2) Assuming option (a) is selected, a copy of refund check and proof of mailing;<br> (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.<br> Importantly for #1, the borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower (although most, if not all, elect to take the refund).<br> The cure deadline is XXXX.<br>Reviewer Comment (2026-02-25): Under internal compliance review. Review has calculated fees at XXXX vs lender using XXXX. Difference is XXXX. It appears Lender excluded the exchange fee XXXX and Electronic Fee XXXX from consideration.<br>Buyer Comment (2026-02-23): HOEPA test attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387596 | 96814-2730 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Mortgage loan financed Points and Fees. |  |  |  | Reviewer Comment (2026-03-23): Cure documentation received. Loan is no longer high cost.<br>Buyer Comment (2026-03-23): Reuploaded letter<br>Reviewer Comment (2026-03-23): The letter was not uploaded. A CD from XXXX was provided.<br>Buyer Comment (2026-03-19): Please see uploaded borrower choice letter and cure documentation<br>Reviewer Comment (2026-03-09): Provide a signed letter from the borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant. The borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower.<br>Buyer Comment (2026-03-05): Please see uploaded cure documentation provided<br>Reviewer Comment (2026-02-26): The XXXX electronic delivery fee, it's being included due to the payee language on the CD that includes "..... FBO XXXX". This indicates fee is being paid to the lender and it also would be included. It was indicated we would need a third party invoice to exclude this electronic delivery fee, if it was ultimately passed along to unaffiliated third party. <br>Excluding the XXXX fee would not get the HOEPA fees under 5% however. remediation information. Please note the cure amount of XXXX is the overage with the XXXX fee included, but if we receive invoice or other evidence this fee was ultimately passed along to unaffiliated third party provider, then that overage total will differ.<br> The HOEPA fee violation may be cured, within 30 days of consummation or 60 days of discovery, by providing the following:<br> (1) Signed letter from borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant;<br> (2) Assuming option (a) is selected, a copy of refund check and proof of mailing;<br> (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.<br> Importantly for #1, the borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower (although most, if not all, elect to take the refund).<br> The cure deadline is XXXX.<br>Reviewer Comment (2026-02-25): Under internal compliance review. Review has calculated fees at XXXX vs lender using XXXX. Difference is XXXX. It appears Lender excluded the exchange fee XXXX and Electronic Fee XXXX from consideration.<br>Buyer Comment (2026-02-23): Please see uploaded HOEPA test and response from lender | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387597 | 96814-2731 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. | Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. |  |  |  | Reviewer Comment (2026-03-23): Cure documentation received. Loan is no longer high cost.<br>Buyer Comment (2026-03-23): Reuploaded letter<br>Reviewer Comment (2026-03-23): The letter was not uploaded. A CD XXXX was provided.<br>Buyer Comment (2026-03-19): Please see uploaded borrower choice letter and cure documentation<br>Reviewer Comment (2026-03-09): Provide a signed letter from the borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant. The borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower.<br>Buyer Comment (2026-03-05): Please see uploaded cure documentation provided<br>Reviewer Comment (2026-02-26): The XXXX electronic delivery fee, it's being included due to the payee language on the CD that includes "..... FBO XXXX XXXX". This indicates fee is being paid to the lender and it also would be included. It was indicated we would need a third party invoice to exclude this electronic delivery fee, if it was ultimately passed along to unaffiliated third party. <br>Excluding the XXXX fee would not get the HOEPA fees under 5% however. remediation information. Please note the cure amount of XXXX is the overage with the XXXX fee included, but if we receive invoice or other evidence this fee was ultimately passed along to unaffiliated third party provider, then that overage total will differ.<br> The HOEPA fee violation may be cured, within 30 days of consummation or 60 days of discovery, by providing the following:<br> (1) Signed letter from borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant;<br> (2) Assuming option (a) is selected, a copy of refund check and proof of mailing;<br> (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.<br> Importantly for #1, the borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower (although most, if not all, elect to take the refund).<br> The cure deadline is XXXX.<br>Reviewer Comment (2026-02-25): Under internal compliance review. Review has calculated fees at XXXX vs lender using XXXX. Difference is XXXX. It appears Lender excluded the exchange fee XXXX and Electronic Fee XXXX from consideration.<br>Buyer Comment (2026-02-23): Please see uploaded HOEPA test and response from lender | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387598 | 96814-27560 | XXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.07442% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .07442%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of 5.06421% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .06421%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (2026-03-23): Cure documentation received including borrower choice, refund check and proof of delivery.<br>Buyer Comment (2026-03-23): Reuploaded letter<br>Reviewer Comment (2026-03-23): The letter was not uploaded. A CD XXXX was provided.<br>Buyer Comment (2026-03-19): Borrower choice letter<br>Reviewer Comment (2026-03-13): Compliance response: Any DF HOEPA cures that are made must be at the choice of the borrower regarding how that cure will be made. The two choices available under the HOEPA Rule are (1) make the loan satisfy the HOEPA requirements (i.e., make the loan a compliant HOEPA loan by correcting any prohibited practice violations); or (2) change the terms of the loan such that the loan is no longer high-cost (i.e., refund). While it's understood that a vast majority of borrowers will accept the refund, the refund cannot be made unilaterally by lender to cure the HOEPA loan. Once lender obtains a choice letter from the borrower indicating their choice of how to remediate, we can proceed. Cure deadline: XXXX.<br>Buyer Comment (2026-03-13): Please advise upon completion of Compliance review<br>Reviewer Comment (2026-03-12): Under internal compliance review.<br>Buyer Comment (2026-03-10): Please see attached response from Lender and advise, thank you<br>Reviewer Comment (2026-03-09): Provide a signed letter from the borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant. The borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower.<br>Buyer Comment (2026-03-05): Please see uploaded cure documentation provided<br>Reviewer Comment (2026-02-26): The XXXX electronic delivery fee, it's being included due to the payee language on the CD that includes "..... FBO XXXX XXXX". This indicates fee is being paid to the lender and it also would be included. It was indicated we would need a third party invoice to exclude this electronic delivery fee, if it was ultimately passed along to unaffiliated third party. <br>Excluding the XXXX fee would not get the HOEPA fees under 5% however. remediation information. Please note the cure amount of XXXX is the overage with the XXXX fee included, but if we receive invoice or other evidence this fee was ultimately passed along to unaffiliated third party provider, then that overage total will differ.<br> The HOEPA fee violation may be cured, within 30 days of consummation or 60 days of discovery, by providing the following:<br> (1) Signed letter from borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant;<br> (2) Assuming option (a) is selected, a copy of refund check and proof of mailing;<br> (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.<br> Importantly for #1, the borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower (although most, if not all, elect to take the refund).<br> The cure deadline is XXXX.<br>Reviewer Comment (2026-02-25): Under internal compliance review. Review has calculated fees at XXXX vs lender using XXXX. Difference is XXXX. It appears Lender excluded the exchange fee XXXX and Electronic Fee XXXX from consideration.<br>Buyer Comment (2026-02-23): Please see uploaded HOEPA test and response from lender | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | 36387599 | 96814-4014 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. |  |  |  | Reviewer Comment (2026-03-23): Cure documentation received. Loan is no longer high cost.<br>Buyer Comment (2026-03-23): Reuploaded letter<br>Reviewer Comment (2026-03-23): The letter was not uploaded. A CD XXXX was provided.<br>Buyer Comment (2026-03-19): Please see uploaded borrower choice letter and cure documentation<br>Reviewer Comment (2026-03-09): Provide a signed letter from the borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant. The borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower.<br>Buyer Comment (2026-03-05): Please see uploaded cure documentation provided<br>Reviewer Comment (2026-02-26): The XXXX electronic delivery fee, it's being included due to the payee language on the CD that includes "..... FBO XXXX XXXX". This indicates fee is being paid to the lender and it also would be included. It was indicated we would need a third party invoice to exclude this electronic delivery fee, if it was ultimately passed along to unaffiliated third party. <br>Excluding the XXXX fee would not get the HOEPA fees under 5% however. remediation information. Please note the cure amount of XXXX is the overage with the XXXX fee included, but if we receive invoice or other evidence this fee was ultimately passed along to unaffiliated third party provider, then that overage total will differ.<br> The HOEPA fee violation may be cured, within 30 days of consummation or 60 days of discovery, by providing the following:<br> (1) Signed letter from borrower indicating their choice to either (a) accept refund of XXXX and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant;<br> (2) Assuming option (a) is selected, a copy of refund check and proof of mailing;<br> (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.<br> Importantly for #1, the borrower must be given a choice of one or the other and the loan cannot unilaterally be cured by lender by just providing a check without the choice being of the borrower (although most, if not all, elect to take the refund).<br> The cure deadline is XXXX.<br>Buyer Comment (2026-02-26): Please advise upon completion of internal compliance review<br>Reviewer Comment (2026-02-25): Under internal compliance review. Review has calculated fees at XXXX vs lender using XXXX. Difference is XXXX. It appears Lender excluded the exchange fee XXXX and Electronic Fee XXXX from consideration.<br>Buyer Comment (2026-02-23): Please see uploaded HOEPA test and response from lender | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | 36387603 | 96667-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Telephone Listing / Internet Search / Directory Assistance | For Business Verification, Verification that the business is active and operating either no more than 10 business days, <br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. |  |  |  | Reviewer Comment (2026-03-30): Business invoices no more than 10 business days of XXXX is provided. Exception Cleared<br>Buyer Comment (2026-03-27): LOX for business invoices<br>Reviewer Comment (2026-03-10): Received Invoices in the name of XXXX XXXX Co. Inc. and Shipped to borrower however unable to verify the business name (XXXX) of the borrower on invoices provided. As per guide any one of the following is required: <br> • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (2026-03-09): invoice | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | 36387605 | 96667-23365 | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.95931% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and XXXX (XXXX). Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX and XXXX (XXXX) (an overage of XXXX or 3.95931%). | EV2 Informational |  |  |  | Buyer Comment (2026-02-26): Acknowledged non-material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | 36387608 | 96667-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | 10% tolerance was exceeded by XXXX due to increase to XXXX for Recording Fee. No valid COC provided. |  |  |  | Reviewer Comment (2026-03-17): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (2026-03-16): Refund cure - LOE, PCCD, Tracking, copy of check | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | 36387609 | 96667-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-03-30): Business invoices no more than 10 business days of XXXX is provided. Exception Cleared<br>Buyer Comment (2026-03-27): please review<br>Reviewer Comment (2026-03-10): Received Invoices in the name of XXXX XXXX Co. Inc. and Shipped to borrower however unable to verify the business name (XXXX) of the borrower on invoices provided. As per guide any one of the following is required: <br> • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (2026-03-09): please review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | 36387610 | 96667-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-03-30): Business invoices no more than 10 business days of XXXX is provided. Exception Cleared<br>Buyer Comment (2026-03-27): please review<br>Reviewer Comment (2026-03-10): Received Invoices in the name of XXXX XXXX Co. Inc. and Shipped to borrower however unable to verify the business name (XXXX) of the borrower on invoices provided. As per guide any one of the following is required: <br> • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (2026-03-09): please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119901 | XXXX | 36387611 | 100548-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Dr, XXXX XXXXXXXX Statement | Primary Property "XXXX Dr, XXXX XXXX" was recently refinanced with XXXX Lending on XXXX however unable to determine the PITIA on the new mortgage. Provide supporting document that would specify the PITIA and confirm if payments are escrowed. Credit related. |  |  |  | Reviewer Comment (2026-03-17): Received Final CD confirming the total PITIA for the recent refinance of the said property. Exception cleared<br>Buyer Comment (2026-03-16): Please see the attached final CD from concurrent loan for the property | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119901 | XXXX | 36387615 | 100548-27593 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: CPA Letter not provided |  | CPA letter is missing the percentage of ownership |  |  |  | Reviewer Comment (2026-03-17): Received CPA letter confirming the business ownership percentage. Exception cleared<br>Buyer Comment (2026-03-16): Please see the attached CPA letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | 36387617 | 100550-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Statement | A Mortgage Statement and Insurance Verification are missing for the REO property located at XXXX XXXX. |  |  |  | Reviewer Comment (2026-03-17): Received Mortgage statement and Insurance verification however Mortgage payments are escrowed and less than the amount mentioned in the original final 1003. Updated 1003 also received for the same. Exception cleared.<br>Buyer Comment (2026-03-16): Please see the attached REO document and updated 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | 36387618 | 100550-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Statement | A Mortgage Statement and Insurance Verification are missing for the REO property located at XXXX Ave. |  |  |  | Reviewer Comment (2026-04-01): Updated 1003 and mortgage statement is provided, Exception Cleared<br>Buyer Comment (2026-03-31): Please see the attached updated 1003 and REO document. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | 36387619 | 100550-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXX XXXXXXXX HOA Verification, Insurance Verification | Insurance and HOA verification are missing for the REO property located at XXXX XXXX. |  |  |  | Reviewer Comment (2026-04-01): PITIA is verified and updated from CD. Required updated 1008 with correct DTI ratio as 36.84%. Exception remains<br>Buyer Comment (2026-03-31): Lender's response: The CD provided reflects that no escrows are established for this loan. The PITIA amount of XXXX is already included in the monthly housing expense. Additionally, there is no HOA fee reflected on the CD, indicating the subject property does not have HOA dues. Based on the above, we kindly request a waiver of the insurance verification and HOA documentation requirements.<br>Reviewer Comment (2026-03-25): Required mortgage statement tot verify the escrow status. If not escrowed, required Insurance verification & HOA document for REO property XXXX XXXX. Exception remains<br>Buyer Comment (2026-03-24): Settlement statement showing not a pud<br>Buyer Comment (2026-03-24): Note showing not a pud | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350119898 | XXXX | 36387620 | 100644-23387 | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Require updated Flood Certificate document and Replacement Cost Estimator Document with city name updated as "XXXX" as in the current document city name is reflecting as "XXXX" and as per Note, Title and other documents city name is "XXXX". |  |  |  | Reviewer Comment (2026-03-23): Updated Flood cert document is provided with correct subject city name. Exception Cleared<br>Buyer Comment (2026-03-20): flood cert<br>Reviewer Comment (2026-03-18): Received RCE with city name updated as XXXX however flood cert is still missing. Exception remains.<br>Buyer Comment (2026-03-17): RCE. Still need updated flood cert. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119898 | XXXX | 36387622 | 100644-23385 | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report Date: XXXX | Require updated CDA document with city name updated as "XXXX" as in the current document city name is reflecting as "XXXX" and as per Note, Title and other documents city name is "XXXX". |  |  |  | Reviewer Comment (2026-03-23): Updated CDA document is provided with correct subject city name. Exception Cleared<br>Buyer Comment (2026-03-19): CDA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387627 | 98317-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Dr, XXXXXXXX Statement | Require Mortgage Statement for property XXXX Dr, XXXXXXXX as it is missing in file. Need to verify monthly PITIA expenses. |  |  |  | Reviewer Comment (2026-03-24): Closing disclosure is provided with PITIA of REO property. Exception cleared<br>Buyer Comment (2026-03-20): See attached Final CD - loan closed 1/2026 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387629 | 98317-760 | XXXX | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. |  | For Previous primary property XXXX Dr require XXXX XXXX Mortgage payment history as it is missing in file, 45 days lookback housing history requirement not met. |  |  |  | Reviewer Comment (2026-03-24): XXXX payment was part of the mortgage payoff. Mortgage history with Dec 2025 payment. Attached is the Final CS, payoff statement and Note that shows the loan closed XXXX with new payment XXXX. XXXX payment was part of the mortgage payoff. Exception Cleared<br>Buyer Comment (2026-03-20): Attached is the mortgage history with Dec 2025 payment. Attached is the Final SS, payoff statement and Note that shows the loan closed XXXX with new payment XXXX. XXXX payment was part of the mortgage payoff | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387630 | 98317-25158 | XXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  |  | Reviewer Comment (2026-04-08): Rate lock confirmation received. Exception cleared.<br>Buyer Comment (2026-04-07): Rate lock | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387633 | 98317-6415 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Contact Information - Lender | TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XXXX did not disclose the required Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). (Final/XXXX) | The Contact Information section of the final CD and post close CD did not disclose the Contact's NMLS ID. Provide a post-close CD correcting the section and a copy of the letter of explanation to the borrower disclosing the changes made or an attestation from the lender stating that no individual contact was used on the transaction. |  |  |  | Reviewer Comment (2026-03-19): XXXX received Letter of explanation and Corrected Closing disclosure.<br>Buyer Comment (2026-03-18): PCCD on XXXX has both a Contact Name and NMLS, this was provided to correct the final CD. Please re-review<br>Reviewer Comment (2026-03-18): Contact name and NMLS are missing from page 5 of both the final CD and PCCD.<br>Buyer Comment (2026-03-17): PCCD<br>Buyer Comment (2026-03-17): LOE | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387634 | 98317-22522 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. (Final/XXXX) | Disclosure reflects TOP of XXXX but calculated TOP of XXXX. Variance = - XXXX. |  |  |  | Reviewer Comment (2026-04-06): XXXX received PCCD, LOE, Copy of Refund Check and Proof of Mailing.<br>Buyer Comment (2026-04-03): Cure docs attached<br>Reviewer Comment (2026-03-25): Confirmed XXXX is sufficient for as cure for TOP exception. Please provide PCCD, LOE, Copy of Refund check and Proof of Mailing.<br>Buyer Comment (2026-03-24): Last comment conflicts with exception details and prior response - please confirm cure amount for this TOP condition is XXXX<br>Reviewer Comment (2026-03-24): The reason for the increase in the TOP is due to an increase in the Notary fee after closing. The Notary fee is not a finance charge, and this finance charge exception will not be influenced by the TOP cure.<br>Buyer Comment (2026-03-23): Please confirm a cure in the amount of XXXX will satisfy both this and the APR exception<br>Reviewer Comment (2026-03-18): Notary fee increased on the PCCD in the amount of XXXX. Cure is required.XXXX recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Similar to pre-TRID reviews or reviews of loans not subject to TRID, the APR, Finance Charge, TOP and other material disclosures disclosed on the TIL Disclosure provided at consummation are compared to the actual APR, Finance Charge and TOP at consummation (using the fees from the final HUD in file which could be dated post consummation on a dry state). The accuracy of material disclosures is based on the disclosures provided at or before consummation, not based on a TIL provided post consummation. XXXX reviews pursuant to the SFA TRID Grid, Additional Considerations, Row 20, which provides: <br>Post Close CD - Material Disclosures Accuracy Test: Prior to TRID, material disclosures disclosed on the final TIL provided to the borrower at or before closing are compared to figures disclosed on most recent HUD-1 (issued pre or post close). Similarly, for TRID loans, TPRs will assume at initial review that fee changes reflected on PCCDs are corrections (similar to corrected HUD-1s), not updates of fees resulting from changes occurring after closing (lender incorrectly disclosed fees they were aware of or should have been aware of on final CD and issued a PCCD reflecting actual fees that should have been disclosed on final CD). Accordingly, TPR will calculate the APR, Finance Charge and TOP based on corrected fees on PCCD and cite exceptions if APR, Finance Charge and TOP disclosed on final CD are inaccurate based on fees shown on PCCD, an EV3-C exception will be cited if APR, Finance Charge, TOP on final CD are outside of tolerance for accuracy based on fees on most recent PCCD issued within 60 days of consummation (PCCD greater than 60 days from consummation will require accompanying ALTA settlement statement to confirm figures disclosed to be used for testing) unless: 1) discrepancy results from change in interim interest due to difference in anticipated vs. actual disbursement date; or 2) there is a corresponding lender credit/cure for the amount of the increase in fees paid by borrower reflected on PCCD; Otherwise, TILA 130(b) correction with LOE, refund or adjustment to ensure borrower does not pay more than amount disclosed, and proof of delivery required to cure to EV2-B. For rescindable transactions, re-opening of rescission and proof of receipt by borrower also required.<br>If changes in fee amounts reflected on the PCCD result from events that occurred after closing not reasonably known to the creditor at time of disclosure of the final CD after exercising diligence in obtaining such information, XXXX will review and consider an LOE, attestation, and documentation supporting fee changes are based on post consummation events that could not reasonably be known to creditor and that the disclosed figures were correct at the time of consummation.<br>Buyer Comment (2026-03-17): Attached is the CD before docs with an APR of 6.905. The CD at docs was APR of 6.905 PCCD is 6.906<br>Buyer Comment (2026-03-17): Final CD<br>Buyer Comment (2026-03-17): Per lender: "Attached is the CD before docs with an APR of 6.905. The CD at docs was APR of 6.905 PCCD is 6.906" | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387636 | 98317-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Require Additional assets to meet the closing requirements. Also total EMD of XXXX referenced on the final CD was not documented. |  |  |  | Reviewer Comment (2026-03-30): Received Wire confirmation confirming funds wired to closing. Exception cleared.<br>Buyer Comment (2026-03-26): per lender: The funds used from XXXX were liquidated. We did not use the remaining assets from that account therefore terms of withdrawal are not needed. The borrower already withdrew the money. (see attached)<br>Reviewer Comment (2026-03-24): Required terms of withdrawal/proof of liquidation for XXXX Financial to use 100% for closing OR required additional assets to meet the closing requirement (provided XXXX BS is not within 120 days) Exception remains<br>Buyer Comment (2026-03-20): per lender: Attached are the bank statements for the cash from borrower XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387637 | 98317-3834 | XXXX | Credit | Credit | Credit Eligibility | Credit | Guideline Issue: Derogatory consumer credit outside of credit guidelines |  | Lender Exception provided (not signed) Borrower has XXXX NOD's. One NOD is within the last XXXX. Compensating Factors: Excessive Reserves, Low debt to income ratio. Additional income from business owned by borrower not considered in qualifying. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 25 vs 6 | XXXX | Reviewer Comment (2026-03-18): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2026-03-16): XXXX exception approval for multiple NODs without 7 years since last NOD. exception re-approved from XXXX with FICO of 714 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | 36387638 | 98317-26191 | XXXX | Credit | Guideline | Guideline Issue | Guideline | DTI Exceeds Guidelines. | DTI: 31.12402% | 12 months Bank statement Income - Expense factor 50% considered as per the guidelines; however, Lender considered 0% expense factor, resulting in a DTI variance by 15.77% as Lender qualified DTI is 15.358% and Calculated DTI as per clarity is 31.12402% |  |  |  | Reviewer Comment (2026-04-06): Updated 1003 provided with monthly income of XXXX. Exception Cleared<br>Buyer Comment (2026-04-03): 1003<br>Reviewer Comment (2026-03-30): Noted. Required updated 1003 document reflecting qualifying income as XXXX. Exception remains<br>Buyer Comment (2026-03-26): Attached is the updated income worksheet at 50% and the 1008.<br>Reviewer Comment (2026-03-24): As per guide, Expense statement must be prepared by a third party indicating business expenses as a percentage of the gross annual sales/revenue and signed by the third party and borrower. Exception remains<br>Buyer Comment (2026-03-20): per lender: Personal bank statements were used in qualifying - guidelines do not require an expense factor | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387640 | 100549-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX P&L Statement | P&L statement is missing in file for Month of XXXX, Require XXXX P&L statement. |  |  |  | Reviewer Comment (2026-03-23): Received Updated P&L till XXXX. Income reduced then lender used however DTI within Tolerance limit. Exception Cleared<br>Buyer Comment (2026-03-20): income worksheet<br>Buyer Comment (2026-03-20): P&L XXXX-XXXX and XXXX-XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387643 | 100549-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-03-23): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (2026-03-20): please review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387644 | 100549-34660 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - P&L Statement Only Guidelines Number of Months P&L Requirement not met | Ability to Repay (XXXX): The number of months covered by the provided P&L Statement(s) was fewer than the number of months required by the guidelines. (XXXX,XXXX XXXX XXXX/P&L Statement Only) | P&L statement is missing in file for Month of XXXX. We require XXXX P&L statement. |  |  |  | Reviewer Comment (2026-03-23): Received Updated P&L till XXXX. Income reduced then lender used however DTI within Tolerance limit. Exception Cleared<br>Buyer Comment (2026-03-20): please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387645 | 100549-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-03-23): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (2026-03-20): please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387646 | 100549-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (XXXX): General Ability-to-Repay requirements not satisfied. | EV1 |  |  |  | Reviewer Comment (2026-03-23): Received Updated P&L till XXXX. Income reduced then lender used however DTI within Tolerance limit. Exception Cleared | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | 36387647 | 100549-7039 | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Right to Cancel was issued on incorrect form. TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. H-8 Form must be used as lender is not the same as originating lender. |  |  |  | Reviewer Comment (2026-03-20): Right to Cancel H-8 Form provided in file. Exception cleared<br>Buyer Comment (2026-03-18): NRTC - Please see the attached H-8 form already included in the closing pkg. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120042 | XXXX | 36387651 | 100846-25158 | XXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock Date document is missing in file. |  |  |  | Reviewer Comment (2026-03-23): Initial Rate Lock Received. Exception Cleared<br>Buyer Comment (2026-03-20): Lock confirmation | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120042 | XXXX | 36387652 | 100846-23365 | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.88535% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .88535%). | EV2 informational |  |  |  | Buyer Comment (2026-03-18): Acknowledged non-material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | 36387654 | 100845-23698 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX | Fraud report for the Borrower "XXXX XXXX" is missing in file. |  |  |  | Reviewer Comment (2026-03-25): Fraud report is provided in file for borrower. Exception Cleared<br>Buyer Comment (2026-03-23): Fraud Report | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | 36387655 | 100845-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX Ln, XXXXXXXX Insurance Verification | Insurance Verification for the property "XXXX XXXX Ln," is missing in file. |  |  |  | Reviewer Comment (2026-03-25): Insurance Verification for the property "XXXX XXXX Ln," is provided in file. Exception Cleared<br>Buyer Comment (2026-03-24): Ins | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | 36387659 | 100845-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | As per guide, Max cash-out is XXXX for LTV more than 60%. Borrower receives cash-out XXXX which is more than the guideline limit. |  |  |  | Reviewer Comment (2026-03-26): No maximum on C/O for loans under XXXXmm or FICO less than 680<br>Buyer Comment (2026-03-25): Per Lender: Loan amount is XXXX and FICO Score is 730. Max Cash-out XXXX should be consider with the LTV when Loan amount over XXXX or FICO score under 680. In this caseXXXXsh out amount over XXXXk doesn't make any issue with it. Please see the full guideline.<br>Per XXXX: Please see page 25 of the guidelines. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | 36387660 | 100845-34602 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD (Initial Purchase) not provided |  | Provide the corrected CD showing the assumable indicator as yes on page 4. Client requested. |  |  |  | Reviewer Comment (2026-03-26): DOT #19 does not indicate loan is assumable.<br>Buyer Comment (2026-03-24): Lender rebuttal attached - Section 19 of the DOT does not seem to allow assumption, please see rebuttal and confirm | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387665 | 98047-19966 | XXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | The file was missing evidence the Right to Receive Appraisal Disclosure provided to borrower within 3 days of initial application. (LE not provided within 3 days of app.) Application date XXXX |  |  |  | Reviewer Comment (2026-03-25): XXXX received LE dated 0XXXX<br>Buyer Comment (2026-03-24): Please see uploaded LE | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387666 | 98047-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was not provided. |  |  |  | Reviewer Comment (2026-03-26): Delivery provided.<br>Buyer Comment (2026-03-26): Appraisal delivery | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387667 | 98047-26033 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/XXXX) | Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. Application date XXXX |  |  |  | Reviewer Comment (2026-03-25): XXXX received LE dated XXXX<br>Buyer Comment (2026-03-24): Initial 1003, Initial LE and disclosures | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387668 | 98047-1330 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (XXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of Homeowner Counseling Organizations not provided. Application date XXXX |  |  |  | Reviewer Comment (2026-03-26): Document provided.<br>Buyer Comment (2026-03-26): Homeowners Counseling list | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387669 | 98047-6340 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | Settlement Service Provider document not provided. |  |  |  | Reviewer Comment (2026-03-25): XXXX received SSPL | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387670 | 98047-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Title - Settlement/closing/escrow fee on LE was XXXX and on final CD its' XXXX. No valid COC or cure provided. |  |  |  | Reviewer Comment (2026-03-25): XXXX received SSPL | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387671 | 98047-767 | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Foreclosure / Balance: 0.00 | Lender Exception Doc ID D0020: Exception due to multiple derogatory events BK and FC within the past 7 years with compensating factor- Borrower has provided detailed LOE regarding hardship after passing of husband and everything she tried to avoid derogatory account. Conventional guide allow for loans after two yrs. <br>Please review for acceptance. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2026-03-26): Lender Exception with Compensating Factors provided.<br>Buyer Comment (2026-03-24): Exception approval | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387672 | 98047-3843 | XXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Guideline Issue: Property type not allowed per credit guidelines |  | Property has a pole barn for horses and a workshop as per 1004. Otherwise meets rural prop requirements, further review required. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2026-04-08): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2026-04-08): investor exception approval<br>Buyer Comment (2026-04-08): exception approval<br>Buyer Comment (2026-04-08): Investor approval will be uploaded, do not clear without it<br>Buyer Comment (2026-04-07): loe- borrower does not intend to earn income from property/barn | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387673 | 98047-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan discount point fee on initial LE was XXXX. and on final CD its' XXXX. No valid COC or cure provided.<br>Provide a post-close CD disclosing the tolerance cure, copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (2026-03-25): XXXX received LE and COC dated 0XXXX<br>Buyer Comment (2026-03-24): COC and LE | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | 36387674 | 98047-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Commitment Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Commitment fee on on LE was XXXX and on CD its XXXX5. No valid COC or cure provided.<br>Provide a post-close CD disclosing the tolerance cure, copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (2026-03-25): XXXX received LE dated 0XXXX<br>Buyer Comment (2026-03-24): The Commitment Fee has always been disclosed at XXXX5. I have uploaded the Initial LE and Final CD to show the fee has always been XXXX5.<br>Buyer Comment (2026-03-24): Per Lender: "The Commitment Fee has always been disclosed at XXXX5. I have uploaded the Initial LE and Final CD to show the fee has always been XXXX5." | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | 36387685 | 100645-2822 | XXXX | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided |  | For subject property 2nd Lien, Mortgage Loan Payoff Statement is required for XXXX Corp XXXX as it is not in file. |  |  |  | Reviewer Comment (2026-03-30): Mortgage Loan Payoff Statement is provided for XXXX Corp XXXX. Exception Cleared<br>Buyer Comment (2026-03-26): Please see the attached payoff | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120041 | XXXX | 36387687 | 101124-26039 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | The file was missing evidence the Right to Receive Copy of Appraisal Disclosure was provided to borrower within 3 days of initial application. |  |  |  | Reviewer Comment (2026-03-30): Right to Receive Copy of Appraisal Disclosure was provided to borrower within 3 days of initial application. Exception Cleared<br>Buyer Comment (2026-03-26): Notice of Right to receive disclosure | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | 36387691 | 100646-2802 | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Require Signed initial 1003 document by the borrower under Section 9: Loan Originator Information as in the current initial 1003 document in file signature is missing under Section 9: Loan Originator Information. |  |  |  | Reviewer Comment (2026-03-30): Signed initial 1003 document by the borrower under Section 9 is provided. Exception Cleared<br>Buyer Comment (2026-03-27): 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | 36387693 | 100646-22146 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. | Single Family Detached | Subject Property has a ADU given as a Guest Unit. one of the Accessory Unit Requirements as given below is missing.<br> there is no image of kitchen<br> • Kitchen must include cabinets, countertop, sink with running water, and stove. |  |  |  | Reviewer Comment (2026-04-13): Received updated appraisal with ADU removed and property has only unit with images for 4 comparable. Exception cleared.<br>Buyer Comment (2026-04-10): Updated appraisal removing comps 5 and 6<br>Reviewer Comment (2026-04-06): Provided appraisal report does not reflects comparable #5 & #6 images. Required updated appraisal report with comparable images. Exception remains<br>Buyer Comment (2026-04-03): Updated appraisal removing value for ADU | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120163 | XXXX | 36387699 | 100624-23388 | XXXX | Credit | System | General | System | AUS/Approval Subject Address does not match Note address. |  | Title report reflects Subject property City name as "XXXX". <br> Final 1003 Current address reflects as "XXXX"<br> Note, Security instrument,1004,CDA, 1008,Flood Cert,RCE, Hazard Insurance and 1003 (Section 3a, 4a) reflects "XXXX". <br>The credit docs to be updated to match title or title to be changed or client to accept as is. |  |  |  | Reviewer Comment (2026-04-09): Received Updated Final 1003 with City name corrected to XXXX at current address field. Exception cleared.<br>Buyer Comment (2026-04-08): Updated address on 1003<br>Reviewer Comment (2026-04-03): Received Title Commitment with city name of the address updated to XXXX. However Final 1003 page 1 with current address is to be updated is still missing. Provide updated Final 1003 with updated current city name of the current address. Exception remains.<br>Buyer Comment (2026-04-01): Updated title showing city as XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | 36387708 | 100637-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. |  |  |  | Reviewer Comment (2026-04-02): E-Sign Consent Agreement received. Exception cleared.<br>Buyer Comment (2026-03-31): Econsent | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | 36387710 | 100637-2908 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Unapproved Exception Requested: Exception required for borrower living rent free. Initial 1003 was incorrect. Borrower is not renting current primary. Compensating Factors: 75% LTV (Program max 85). 703 Credit Score (minimum program guidelines 660), 11 months reserves @ 50% ownership of business account (program minimum 6 mos). Lender to confirm. |  |  |  | Reviewer Comment (2026-03-31): See other exception downgraded.<br>Buyer Comment (2026-03-31): Approved exception | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | 36387712 | 100637-40769 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2026-04-09): XXXX received lender attestation that CD not issued to borrower<br>Buyer Comment (2026-04-08): See attached disclosure tracking - this is in reference to Doc ID # XXXX - per Lender: "The CD they are referring was excluded from the timeline and not sent to the borrower. The underwriter made that entry in error"<br>Reviewer Comment (2026-04-08): XXXX received lender rebuttalthat 3-18 CD not provided to borrower. However, there are 2 versions of the XXXX CD. Please provide a more specific lender attestation better identifying the CD in question. Provide any disclosure tracking if available to support attestation.<br>Buyer Comment (2026-04-07): LOX for excluded CD.<br>Reviewer Comment (2026-04-01): The earlier XXXX CD, printed at 10:09am PST, shows an APR of 6.868% with a difference of .137%.<br>Buyer Comment (2026-03-31): Lender response: "The APR disclosed on the initial CD is 6.731% and on the final CD is 6.669%. A 3 day waiting period is not needed when the APR goes down." | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | 36387715 | 100637-760 | XXXX | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. |  | Current Address - XXXX Rd- No Primary housing expenses-no verification | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 40 vs 6 | XXXX | Reviewer Comment (2026-03-31): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2026-03-31): Exception from LS, please downgrade and waive. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | 36387716 | 100661-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Ct, XXXXXXXX Insurance Verification | Insurance Verification and or other obligation is required for additional REO XXXX Ct to support other payment of XXXX. |  |  |  | Reviewer Comment (2026-04-03): Updated 1003 is provided with breakdown of housing expense to XXXX/mo, now the DTI is below 50%. Exception Cleared<br>Buyer Comment (2026-04-02): Lender's response: primary housing expense was corrected to XXXX/mo, now the DTI is below 50%. Attached are the correct versions of 1008, Final 1003, and profile for the primary home with housing expense break-down.<br>Buyer Comment (2026-04-02): Lender's response: The property's housing obligation was only the property tax (since the property does not have any loans against it, not obligated to carry an insurance). Property tax was XXXX,80 per year, or XXXX/mo. Housing Expense amount of XXXX put down on 1003 was an incorrect amount. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | 36387717 | 100661-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cured once all ATR specific exception has been cured/cleared. |  |  |  | Reviewer Comment (2026-04-03): Updated 1003 is provided with breakdown of housing expense to XXXX/mo, now the DTI is below 50%. Exception Cleared<br>Buyer Comment (2026-04-02): Lender's response: primary housing expense was corrected to XXXX/mo, now the DTI is below 50%. Attached are the correct versions of 1008, Final 1003, and profile for the primary home with housing expense break-down. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | 36387719 | 100661-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient REO documentation and excessive DTI. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-04-03): Updated 1003 is provided with breakdown of housing expense to XXXX/mo, now the DTI is below 50%. Exception Cleared<br>Buyer Comment (2026-04-02): Lender's response: primary housing expense was corrected to XXXX/mo, now the DTI is below 50%. Attached are the correct versions of 1008, Final 1003, and profile for the primary home with housing expense break-down. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | 36387720 | 100661-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 58.66435% exceeds Guideline total debt ratio of 49.99000%. | Lender has considered qualifying income as XXXX however as per guide based on app date must used last year end P&L. DTi calculated at 50.28375 |  |  |  | Reviewer Comment (2026-04-03): Updated 1003 is provided with breakdown of housing expense to XXXX/mo, now the DTI is below 50%. Exception Cleared<br>Buyer Comment (2026-04-02): Lender's response: primary housing expense was corrected to XXXX/mo, now the DTI is below 50%. Attached are the correct versions of 1008, Final 1003, and profile for the primary home with housing expense break-down.<br>Reviewer Comment (2026-04-01): Revised DTi calculated at 50.28375 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | 36387721 | 100661-25035 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (XXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 58.66435% significantly exceeds the guideline maximum of 49.99%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | For app date F XXXX use 12 month year end P&L average. P&L. Used XXXX much lower than lender XXXXk yearly on 1003 and 1008 or lender 14 month average using on income analysis. Client to confirm spirit of the guideline which states use 12 month P&L for Feb App dates. Revised DTi calculated at 50.28375 |  |  |  | Reviewer Comment (2026-04-03): Updated 1003 is provided with breakdown of housing expense to XXXX/mo, now the DTI is below 50%. Exception Cleared<br>Buyer Comment (2026-04-02): Lender's response: primary housing expense was corrected to XXXX/mo, now the DTI is below 50%. Attached are the correct versions of 1008, Final 1003, and profile for the primary home with housing expense break-down. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | 36387722 | 100662-23385 | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXXXXXXluation Type: Desk Review / Valuation Report Date: XXXX | Title, reflect subject property city name as "XXXX Area"<br> Final 1003 Current Address and 1003 (Section 3a), 1004, CDA, Hazard insurance , Replacement Cost Estimator and Flood Cert reflect subject property city name as "XXXX"<br> The credit docs to be updated to match title or title to be changed or client to accept as is. |  |  |  | Reviewer Comment (2026-04-06): Client accepts.<br>Buyer Comment (2026-04-06): ok to accept as is | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | 36387723 | 100662-23383 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Title, reflect subject property city name as "XXXX Area"<br> Final 1003 Current Address and 1003 (Section 3a), 1004, CDA, Hazard insurance , Replacement Cost Estimator and Flood Cert reflect subject property city name as "XXXX"<br> The credit docs to be updated to match title or title to be changed or client to accept as is. |  |  |  | Reviewer Comment (2026-04-06): Client accepts.<br>Buyer Comment (2026-04-06): ok to accept as is | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | 36387724 | 100662-23387 | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Title, reflect subject property city name as "XXXX Area"<br> Final 1003 Current Address and 1003 (Section 3a), 1004, CDA, Hazard insurance , Replacement Cost Estimator and Flood Cert reflect subject property city name as "XXXX"<br> The credit docs to be updated to match title or title to be changed or client to accept as is. |  |  |  | Reviewer Comment (2026-04-06): Client accepts.<br>Buyer Comment (2026-04-06): ok to accept as is | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | 36387727 | 100662-23382 | XXXX | Credit | System | General | System | Borrower 1003 current address does not match Note address. | Borrower: XXXX XXXX XXXX | Title, reflect subject property city name as "XXXX Area"<br> Final 1003 Current Address and 1003 (Section 3a), 1004, CDA,Hazard Insurance Replacement Cost Estimator and Flood Cert reflect subject property city name as "XXXX"<br> The credit docs to be updated to match title or title to be changed or client to accept as is. |  |  |  | Reviewer Comment (2026-04-06): Client accepts.<br>Buyer Comment (2026-04-06): ok to accept as is | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | 36387728 | 100662-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided. |  |  |  | Reviewer Comment (2026-04-08): Prior appraisal received. Exception Cleared.<br>Buyer Comment (2026-04-06): Appraisal acknowledgment | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387731 | 100848-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Ave, Unit XXXX, XXXXXXXX Insurance Verification | Insurance Verification for the property "XXXX Ave" is missing in file. or provide an LOE stating HOA dues covers walls-in insurance. |  |  |  | Reviewer Comment (2026-04-08): HOI policy is provided with updated 1003 & 1008. Exception Cleared<br>Buyer Comment (2026-04-07): HOI<br>Buyer Comment (2026-04-07): 1008 AND 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387734 | 100848-2904 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor Agreement is missing in file. |  |  |  | Reviewer Comment (2026-04-20): Received Guarantor Agreement. Exception cleared.<br>Buyer Comment (2026-04-20): personal guaranty | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387735 | 100848-2799 | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Provided Note is signed Individually and Security Instrument vesting is in the name of LLC. Provide Updated Note with Business Entity name and borrower signing as the member / guarantor for the entity. |  |  |  | Reviewer Comment (2026-04-20): Received revised Note with Business Entity name and borrower signing as the member / guarantor for the entity. Exception cleared.<br>Buyer Comment (2026-04-17): note, deed, 1-4 family rider | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387736 | 100848-2876 | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Provided Security Instrument is signed Individually and Security Instrument vesting is in the name of LLC. Provide Updated Security Instrument with Business Entity name and borrower signing as the member / guarantor for the entity. |  |  |  | Reviewer Comment (2026-04-24): Received Attestation letter to destroy and Letter of intent to re-record. Exception Cleared.<br>Buyer Comment (2026-04-23): intent to re-record<br>Buyer Comment (2026-04-23): attestation letter<br>Reviewer Comment (2026-04-20): Received revised Security Instrument with Business Entity name updated and borrower signing as the member / guarantor for the entity. However Attestation letter to destroy the previous Security instrument and rider along with letter of intent to re-record the new security instrument and rider. Exception remains.<br>Buyer Comment (2026-04-17): note, deed, 1-4 family rider | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387737 | 100848-2913 | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided |  | Provided Rider - 1-4 Family is signed Individually and Security Instrument vesting is in the name of LLC. Provide Updated Rider 1-4 Family with Business Entity name and borrower signing as the member / guarantor for the entity. |  |  |  | Reviewer Comment (2026-04-20): Received revised Rider - 1-4 Family with Business Entity name updated and borrower signing as the member / guarantor for the entity. Exception cleared.<br>Buyer Comment (2026-04-17): note, deed, 1-4 family rider | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | 36387738 | 100848-32066 | XXXX | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary <br> StateXXXX | Title report reflects address as "XXXX XXXX, (XXXX Area) XXXX. XXXX however Note / Security Instrument /Rider / HOI / Flood Certificate / Appraisal / CDA and RCE reflects City Name as XXXX. The credit docs to be updated to match title or title to be changed or client to accept as is. Lender to ensure all required documents match property address reflected on title report. |  |  |  | Reviewer Comment (2026-04-09): Received Address affidavit confirming the correct property address. Exception cleared.<br>Buyer Comment (2026-04-08): address affidavit<br>Buyer Comment (2026-04-08): Per seller: Please see attached address affidavit and PIL. The coverage amount is on the PIL. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A | N/A | N/A | No |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | 36387739 | 101337-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was not provided. |  |  |  | Buyer Comment (2026-04-15): Acknowledged non material<br>Reviewer Comment (2026-04-15): Received Appraisal acknowledgement. However provided appraisal report dated XXXX is within 3 days of the Note date XXXX. Provide prior appraisal report which is more than 3 days prior to the Note date XXXX. Exception remains.<br>Buyer Comment (2026-04-14): Appraisal acknowledgement | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | 36387743 | 101337-25392 | XXXX | Credit | Credit | Credit Documentation | Credit | No Housing History or Less Than 12 Months Verified. 6 Months reserves required per guidelines. Review data and set applicable exception. |  | Borrower's current address is XXXX XXXX. Mortgage with XXXX #XXXX- 07 months paid till XXXX as per Credit Report and no delinquency noted. As per guideline 12 months housing payment history must be verified. Previous current address is XXXX XXXX Ct with no primary housing expense. Verification for rent free not XXXX |  |  |  | Reviewer Comment (2026-04-24): Rent-free letter is provided from XXXX 2022 to XXXX. Exception Cleared<br>Buyer Comment (2026-04-23): PC credit update with history<br>Buyer Comment (2026-04-23): Rent free letter<br>Reviewer Comment (2026-04-17): Noted. As per credit report XXXX #XXXX was originated on XXXX which is 7 months. However as per guide 12 months housing payment history must be verified. Exception remains<br>Buyer Comment (2026-04-16): Property history for XXXX Ave<br>Buyer Comment (2026-04-16): VOM for XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | 36387745 | 100847-2834 | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is missing for subject property. |  |  |  | Reviewer Comment (2026-04-16): received Flood Certificate. Exception cleared.<br>Buyer Comment (2026-04-15): Flood Cert | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | 36387746 | 100847-23365 | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.87735% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .87735%). | EV2 informational |  |  |  | Buyer Comment (2026-04-14): Acknowledged non material | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | 36387749 | 100847-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Account Statements - Business | P&L must be supported by the bank statements. Must cover the same months. Total deposits on the bank statements, minus inconsistent deposits, must be greater than or no more than 20% below the sales/revenue reflected on the P&L. Business Bank Statements were not provided. |  |  |  | Reviewer Comment (2026-04-20): Borrower qualified with P&L Income Bank statement supporting P&L not require per guideline. Exception Cleared.<br>Buyer Comment (2026-04-16): Per Lender: Our program guidelines do not require business bank statements to support the P&L. Could you please confirm if this condition is based on a specific overlay? If so, we would appreciate it if you could provide the reasoning for the request so that we can provide appropriate documentation to address your concern and advise if there are alternative documents that would be acceptable to satisfy this requirement. Thank you. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | 36387750 | 100847-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-04-20): All Open Income/Asset ATR Exception has been cleared | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | 36387751 | 100847-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2026-04-20): All Open Income/Asset ATR Exception has been cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | 4350120149 | XXXX | 36387756 | 101231-34956 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | Amount Financed disclosed is XXXX. Calculated Amount Financed of XXXX Variance of XXXX. Section C Title - Concurrent Loan Services Fee |  |  |  | Reviewer Comment (2026-04-22): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Buyer Comment (2026-04-21): Refund check<br>Buyer Comment (2026-04-21): Envelope<br>Buyer Comment (2026-04-21): PCCD<br>Buyer Comment (2026-04-21): Shipping label<br>Buyer Comment (2026-04-21): LOE | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | 4350120149 | XXXX | 36387757 | 101231-4376 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | Finance Charge disclosed is XXXX. Calculated finance charge is XXXX. Variance of - XXXX Section C Title - Concurrent Loan Services Fee |  |  |  | Reviewer Comment (2026-04-22): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Buyer Comment (2026-04-21): Please see uploaded cure documents | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |

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## Exhibit 99.4

**Exhibit 99.4**

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

![](ex99_001.gif)

**Rating Agency Grades**

**Run Date - 5/5/2026 4:06:03 PM**

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| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119950 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120176 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | C | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119942 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120016 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119924 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | C | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119959 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | D | D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | XXXX | XXXX D |  | C | C | C | C | C | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120008 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120005 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | B | C | B |  | B | B | B | B | B | B | B |  |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119958 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119938 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119952 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | C | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119973 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119891 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | B | C | A |  | B | B | B | B | B | B | B |  |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | C | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | D | D | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120012 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119995 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120107 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120049 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120058 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120057 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120099 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120127 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | D | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120136 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120066 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120145 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120112 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120116 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120175 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120155 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120165 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120158 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120161 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | B | C | B |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119901 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119898 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119899 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120042 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350119897 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120041 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120163 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350119900 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | XXXX D |  | D | D | D | D | D | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120090 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120149 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |

---

## Exhibit 99.5

**Exhibit 99.5**

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

![](ex99_001.gif)

**Data Compare (Non-Ignored)**

**Run Date - 5/5/2026 4:07:24 PM** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | XXXX | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119900 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120057 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120164 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119900 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120040 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119913 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119900 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | 4350119903 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | XXXX | Decision System |  |  | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | XXXX | Decision System |  |  | Verified | he Bid Tape Field Value was not provided |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | XXXX | Decision System |  |  | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | Doc Type | 12mo Bank Statement | Asset Depletion | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | Doc Type | Asset Depletion | Asset Depletion (No DTI) | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | Doc Type | Asset Depletion | Asset Depletion (No DTI) | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Doc Type | 1yr 1099 | 2yr 1099 | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 24mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119942 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120016 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119924 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119959 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120008 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120005 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Verified from closing disclosure document escrowed as "yes" |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119958 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119938 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119952 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119973 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Verified from Closing Disclosure document escrow account as "Yes" |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120012 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119995 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | Escrow Account | 0 | 1 |  |  |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Verified from Closing Disclosure and Initial escrow account disclosure |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120049 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120058 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120057 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120099 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Verified from closing disclosure document |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120136 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120066 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Escrow waiver in file. Need 12 months reserves. |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120145 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120112 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120116 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 41.263 | 47.77961 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 3.51426 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15.6 | 47.02554 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.603 | 39.86021 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 48 | 37.53167 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.16 | 28.70419 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 31.016 | 39.03182 | Verified | Lender used 9 months bank statements. Guidelines require 12 months. |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 19.414 | 22.88885 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30.382 | 33.80354 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40 | 37.18317 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.375 | 29.85009 | Verified | DTI matches with 1008 |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 39.98688 | Verified | DTI as per 1008 is 39.98688 |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.093 | 49.41494 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 49.214 | 41.47499 | Verified | Matching with 1008 |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 25.254 | 20.64985 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33 | 22.39007 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.214 | 38.8472 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.935 | 40.03474 | Verified | Matching 1008 |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 21.812 | 17.46421 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38.093 | 33.08802 | Verified | Verified from 1008 document |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.137 | 42.45891 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 14.304 |  | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.413 | 24.21651 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.197 | 41.23129 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 6.422 | 10.33364 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15.765 | 20.72353 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 42.672 | 46.16985 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 27.913 | 40.76735 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 48.978 | 41.37904 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 17.983 | 23.48754 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 53.924 | 47.00338 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 23.367 | 30.83419 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 10.289 | 18.5531 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 6.531 | 3.9583 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 19.708 | 22.32226 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120049 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.562 | 40.85867 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.792 | 39.30725 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 13.546 | 17.35409 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 42.39584 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 18.437 | 20.95151 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 19.156 | 14.53747 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 999.99 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 999.99 |  | Verified | DSCR loan |
| XXXX | XXXX | XXXX | 4350120154 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38 | 41.90415 | Verified | Field Value DTI matches 1008 DTI. |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.07 | 36.35496 | Verified | PITIA of the REO property updated with correct payment as per the statement thus resulting in DTI variance. |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 48.44 | 39.71843 | Verified | Property "XXXX" lender has considered $XXXX as separately for Taxes and insurance however the mortgage payment includes the taxes and insurance.<br> Property "XXXX" Mortgage payment included PITIA and there is no HOA. however lender considered $XXXX for taxes and insurance. hence excluded the same for DTI calculation.<br> Property "XXXX" lender has considered $XXXX as separately for Taxes and insurance however the mortgage payment includes the taxes and insurance, therefore excluded the amount for DTI calculation. |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.45 | 32.70927 | Verified | Utility a/c's are captured in Non traditional tab but it is included in DTI as per final 1003, leads to DTI variance. |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 48.89 | 46.32884 | Verified | Field Value DTI matches 1008 DTI |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 10 | 12.81665 | Verified | Per 1008 DTI is 11.497% and XXXX per credit report vs 1008 of $XXXX XXXX Auto Finance not included in DTI. |
| XXXX | XXXX | XXXX | 4350120152 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 12.68 | 35.31736 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40.78 | 44.41826 | Verified | DTI as per 1008 is 44.42% |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.16 | 43.51672 | Verified | Per 1008 DTI is 42.931 and calculated DTI is 43.516% due to XXXX mtg stmt Interest only loan with taxes and insurance $XXXX and XXXX |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119912 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119894 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120132 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | 4350120155 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | 4350120043 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | 4350119902 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | 4350120044 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | he Bid Tape Field Value was not provided |
| XXXX | XXXX | XXXX | 4350120091 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | 4350120162 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | Original CLTV | 80 | 78.7414 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | Original CLTV | 48.31 | 53.93258 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | Original CLTV | 41.667 | 45.45455 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Original CLTV | 60 | 58.47458 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Original CLTV | 75 | 70.06452 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Original CLTV | 75 | 76.10294 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Original CLTV | 75 | 66.66656 |  |  |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Original CLTV | 75 | 72.46348 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Original CLTV | 46.1 | 44.34615 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | Original CLTV | 73.33 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Original CLTV | 71.42 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | Original CLTV | 47.83 | 49.56522 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | XXXX | Original CLTV | 60 | 62.80851 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | Original CLTV | 60 | 66.34375 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | Original Interest Rate | 7.375 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120176 | XXXX | XXXX | Original Interest Rate | 7.125 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | XXXX | Original Interest Rate | 7.125 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Original Interest Rate | 7.124 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | Original Interest Rate | 7.5 | 8.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | Original Interest Rate | 6.5 | 6.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Original Interest Rate | 6.875 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | 4350120156 | XXXX | XXXX | Original LTV | 47.83 | 49.56522 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120150 | XXXX | XXXX | Original LTV | 60 | 62.80851 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350120089 | XXXX | XXXX | Original LTV | 60 | 66.34375 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | PITIA Reserves Months | 12 | 84.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | PITIA Reserves Months | 24 | 11.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | XXXX | PITIA Reserves Months | 9 | 55.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | XXXX | PITIA Reserves Months | 8 | 8.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | PITIA Reserves Months | 12 | 34.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | PITIA Reserves Months | 12 | 641.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | PITIA Reserves Months | 6 | 228.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120176 | XXXX | XXXX | PITIA Reserves Months | 24 | 51.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | XXXX | PITIA Reserves Months | 6 | 67.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | PITIA Reserves Months | 6 | 44.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | PITIA Reserves Months | 12 | 22.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | PITIA Reserves Months | 12 | 124.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | PITIA Reserves Months | 12 | 77.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | PITIA Reserves Months | 6 | 71.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | XXXX | PITIA Reserves Months | 6 | 33.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | PITIA Reserves Months | 6 | 70.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | XXXX | PITIA Reserves Months | 12 | 33.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | PITIA Reserves Months | 12 | 116.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | XXXX | PITIA Reserves Months | 6 | 30.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | PITIA Reserves Months | 12 | 28.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | XXXX | PITIA Reserves Months | 6 | 172.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | PITIA Reserves Months | 6 | 32.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | PITIA Reserves Months | 12 | 133.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | PITIA Reserves Months | 24 | 6.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119942 | XXXX | XXXX | PITIA Reserves Months | 12 | 321.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120016 | XXXX | XXXX | PITIA Reserves Months | 12 | 180.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119924 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | PITIA Reserves Months | 48 | 68.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | PITIA Reserves Months | 12 | 19.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | XXXX | PITIA Reserves Months | 10 | 26.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | PITIA Reserves Months | 6 | 34.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119959 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | PITIA Reserves Months | 17 | 14.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | PITIA Reserves Months | 150 | 222.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | PITIA Reserves Months | 6 | 45.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | PITIA Reserves Months | 12 | 92.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | PITIA Reserves Months | 6 | 66.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120102 | XXXX | XXXX | PITIA Reserves Months | 12 | 37.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | PITIA Reserves Months | 6 | 45.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | PITIA Reserves Months | 6 | 103.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | PITIA Reserves Months | 6 | 31.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120072 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | PITIA Reserves Months | 6 | 24.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | PITIA Reserves Months | 24 | 22.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | PITIA Reserves Months | 12 | 26.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119948 | XXXX | XXXX | PITIA Reserves Months | 12 | 99.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120039 | XXXX | XXXX | PITIA Reserves Months | 9 | 15.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | PITIA Reserves Months | 9 | 41.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | PITIA Reserves Months | 9 | 35.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | PITIA Reserves Months | 9 | 43.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | PITIA Reserves Months | 60 | 51.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119906 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120008 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | PITIA Reserves Months | 24 | 136.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | PITIA Reserves Months | 12 | 45.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | PITIA Reserves Months | 12 | 141.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | PITIA Reserves Months | 12 | 541.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | PITIA Reserves Months | 12 | 14.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | XXXX | PITIA Reserves Months | 12 | 52.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | PITIA Reserves Months | 9 | 35.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120005 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | PITIA Reserves Months | 6 | 69.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | PITIA Reserves Months | 3 | 26.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | PITIA Reserves Months | 12 | 131.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | PITIA Reserves Months | 9 | 107.09 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | PITIA Reserves Months | 12 | 33.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | PITIA Reserves Months | 12 | 26.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119958 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | PITIA Reserves Months | 6 | 37.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119938 | XXXX | XXXX | PITIA Reserves Months | 15 | 105.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119952 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | PITIA Reserves Months | 20 | 84.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119975 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119973 | XXXX | XXXX | PITIA Reserves Months | 12 | 130.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | PITIA Reserves Months | 18 | 18.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119947 | XXXX | XXXX | PITIA Reserves Months | 10 | 9.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | PITIA Reserves Months | 9 | 80.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | PITIA Reserves Months | 12 | 29.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | PITIA Reserves Months | 10 | 29.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | PITIA Reserves Months | 12 | 19.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | PITIA Reserves Months | 12 | 14.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | PITIA Reserves Months | 12 | 260 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | PITIA Reserves Months | 10 | 8.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | PITIA Reserves Months | 24 | 68.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | PITIA Reserves Months | 99 | 40.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120147 | XXXX | XXXX | PITIA Reserves Months | 12 | 38.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119875 | XXXX | XXXX | PITIA Reserves Months | 20 | 24.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | PITIA Reserves Months | 6 | 26.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | XXXX | PITIA Reserves Months | 6 | 62.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | PITIA Reserves Months | 12 | 74.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119883 | XXXX | XXXX | PITIA Reserves Months | 24 | 6.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | XXXX | PITIA Reserves Months | 12 | 9.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | XXXX | PITIA Reserves Months | 26 | 20.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | PITIA Reserves Months | 24 | 1278.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | PITIA Reserves Months | 12 | 84.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | PITIA Reserves Months | 6 | 65.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | XXXX | PITIA Reserves Months | 12 | 101.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | PITIA Reserves Months | 6 | 107.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120053 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | PITIA Reserves Months | 70 | 120.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | XXXX | PITIA Reserves Months | 12 | 20.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | PITIA Reserves Months | 19 | 73.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120034 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | PITIA Reserves Months | 6 | 45.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | PITIA Reserves Months | 12 | 89.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | XXXX | PITIA Reserves Months | 10 | 32.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | PITIA Reserves Months | 30 | 5.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | PITIA Reserves Months | 6 | 31.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120121 | XXXX | XXXX | PITIA Reserves Months | 6 | 148.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | PITIA Reserves Months | 6 | 43.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119937 | XXXX | XXXX | PITIA Reserves Months | 85 | 83.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | PITIA Reserves Months | 9 | 41.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | PITIA Reserves Months | 9 | 22.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | PITIA Reserves Months | 9 | 36.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | PITIA Reserves Months | 9 | 50.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | XXXX | PITIA Reserves Months | 9 | 10.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | PITIA Reserves Months | 12 | 89.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119985 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | XXXX | PITIA Reserves Months | 12 | 78.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | PITIA Reserves Months | 12 | 24.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | XXXX | PITIA Reserves Months | 6 | 75.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | PITIA Reserves Months | 20 | 15.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | PITIA Reserves Months | 6 | 84.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | PITIA Reserves Months | 6 | 60.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | PITIA Reserves Months | 6 | 136.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | PITIA Reserves Months | 6 | 145.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | PITIA Reserves Months | 6 | 48.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | PITIA Reserves Months | 6 | 71.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | PITIA Reserves Months | 24 | 68.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | PITIA Reserves Months | 9 | 110.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | PITIA Reserves Months | 12 | 108.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120012 | XXXX | XXXX | PITIA Reserves Months | 6 | 38.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | PITIA Reserves Months | 6 | 48.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119995 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120028 | XXXX | XXXX | PITIA Reserves Months | 9 | 25.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | PITIA Reserves Months | 12 | 33.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120027 | XXXX | XXXX | PITIA Reserves Months | 3 | 105.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119984 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | PITIA Reserves Months | 12 | 116.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | PITIA Reserves Months | 6 | 105.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | PITIA Reserves Months | 6 | 82.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | PITIA Reserves Months | 6 | 111.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | PITIA Reserves Months | 2 | 4.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119998 | XXXX | XXXX | PITIA Reserves Months | 33 | 32.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | PITIA Reserves Months | 6 | 43.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120107 | XXXX | XXXX | PITIA Reserves Months | 12 | 152.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119986 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | PITIA Reserves Months | 9 | 100.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | PITIA Reserves Months | 12 | 98.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | PITIA Reserves Months | 6 | 64.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | PITIA Reserves Months | 100 | 118.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120049 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120058 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120100 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120057 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | PITIA Reserves Months | 6 | 91.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120099 | XXXX | XXXX | PITIA Reserves Months | 12 | 444.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120002 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | PITIA Reserves Months | 6 | 235.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | PITIA Reserves Months | 7 | 7.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | PITIA Reserves Months | 54 | 56.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | PITIA Reserves Months | 9 | 39.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | XXXX | PITIA Reserves Months | 6 | 101.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | PITIA Reserves Months | 6 | 95.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | PITIA Reserves Months | 20 | 27.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120127 | XXXX | XXXX | PITIA Reserves Months | 12 | 21.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | PITIA Reserves Months | 12 | 9.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | PITIA Reserves Months | 30 | 16.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120136 | XXXX | XXXX | PITIA Reserves Months | 9 | 103.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120066 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | PITIA Reserves Months | 10 | 93.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | PITIA Reserves Months | 12 | 102.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119976 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | PITIA Reserves Months | 6 | 4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | PITIA Reserves Months | 84 | 95.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | PITIA Reserves Months | 6 | 62.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | PITIA Reserves Months | 6 | 62.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | PITIA Reserves Months | 10 | 6.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120024 | XXXX | XXXX | PITIA Reserves Months | 9 | 21.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | PITIA Reserves Months | 14 | 16.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120023 | XXXX | XXXX | PITIA Reserves Months | 9 | 39.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120137 | XXXX | XXXX | PITIA Reserves Months | 6 | 206.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120141 | XXXX | XXXX | PITIA Reserves Months | 6 | 281.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120153 | XXXX | XXXX | PITIA Reserves Months | 6 | 108.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120082 | XXXX | XXXX | PITIA Reserves Months | 12 | 833.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120106 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | XXXX | PITIA Reserves Months | 18 | 94.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120022 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120093 | XXXX | XXXX | PITIA Reserves Months | 6 | 78.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120145 | XXXX | XXXX | PITIA Reserves Months | 6 | 54.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | PITIA Reserves Months | 12 | 18.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | XXXX | PITIA Reserves Months | 4 | 17.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120112 | XXXX | XXXX | PITIA Reserves Months | 12 | 75.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | PITIA Reserves Months | 12 | 53.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | PITIA Reserves Months | 12 | 70.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | XXXX | PITIA Reserves Months | 6 | 47.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | PITIA Reserves Months | 12 | 36.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | PITIA Reserves Months | 6 | 123.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119889 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119963 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119909 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119910 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119955 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field value not provided. |
| XXXX | XXXX | XXXX | 4350119877 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119932 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120133 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No Prepayment Penalty Period |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Prepayment Penalty Period (months) | 24 | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119925 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119886 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120139 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | 4350120004 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119878 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119936 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119968 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119944 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120009 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120048 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value is blank |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120171 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field value is blank |
| XXXX | XXXX | XXXX | 4350119982 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120170 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120069 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120130 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120019 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120015 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119967 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | Prepayment Penalty Period (months) | 60 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119995 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119987 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119923 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119916 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | 4350119972 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120054 | XXXX | XXXX | Prepayment Penalty Period (months) | 24 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120001 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field value is blank |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120088 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120073 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120051 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120148 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value is not reflecting. |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120085 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120123 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120126 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | Prepayment Penalty Period (months) | 36 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120176 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119887 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119981 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119876 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120094 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120008 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119928 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119983 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Product Description | DSCR Fixed 40 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 40 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119992 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120050 | XXXX | XXXX | Product Description | DSCR Fixed 40 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119969 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119945 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119957 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119993 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119946 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120026 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120140 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119933 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120074 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Product Description | Investment - DTI Fixed 30 (Navy) | Fixed Rate | Verified | Verified from 1008 document |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120025 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Blue) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120067 | XXXX | XXXX | Product Description | DSCR Fixed 40 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120124 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120115 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | 10 Year Interest Only, Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120105 | XXXX | XXXX | Product Description | Consumer NonQM Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120178 | XXXX | XXXX | Product Description | DSCR Fixed 30 (Navy) | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | Product Description | GS Non-QM FIXED 30 | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120166 | XXXX | XXXX | Product Description | GS Non-QM FIXED 30 | Fixed Rate | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | Property Type | 2 Family | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119962 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119893 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120110 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120017 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | Property Type | 2 Family | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120013 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Property Type | Condo | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120075 | XXXX | XXXX | Property Type | Condotel | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120076 | XXXX | XXXX | Property Type | Condotel | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119965 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119918 | XXXX | XXXX | Property Type | Single Family Detached | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119966 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120174 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120125 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120114 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | Property Type | PUD | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120159 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350120151 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350119897 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | Representative FICO | 664 | 659 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | Representative FICO | 680 | 698 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Representative FICO | 667 | 675 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350119895 | XXXX | XXXX | Representative FICO | 680 | 678 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120113 | XXXX | XXXX | Representative FICO | 809 | 811 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120101 | XXXX | XXXX | Representative FICO | 680 | 667 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120129 | XXXX | XXXX | Representative FICO | 801 | 776 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | Representative FICO | 742 | 735 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120167 | XXXX | XXXX | Representative FICO | 680 | 686 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350120168 | XXXX | XXXX | Representative FICO | 701 | 691 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350120080 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350119958 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119866 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119914 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120180 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119890 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119884 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119961 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119930 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120092 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120119 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120055 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119896 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119905 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119951 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119908 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119881 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value includes credit debt paid off at closing. |
| XXXX | XXXX | XXXX | 4350119990 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119879 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119931 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119915 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120086 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119940 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119943 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120143 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120095 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119941 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119960 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119929 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120056 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119974 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119927 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119880 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120081 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120014 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119994 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120071 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120038 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120037 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120036 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119949 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Total cash-out calculated after deducting Cash out with POCB |
| XXXX | XXXX | XXXX | 4350120018 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119980 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119971 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120104 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119979 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120035 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120063 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119917 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120181 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120108 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119977 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120077 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119882 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119939 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119935 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120103 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119938 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120065 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119973 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119885 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119911 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120146 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120046 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119892 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119954 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120062 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120142 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120179 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119953 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120007 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120111 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119999 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119922 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119907 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119989 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120177 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119921 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120096 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120083 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119956 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120084 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119996 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119920 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120079 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120033 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120032 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120031 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120030 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120097 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120144 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119904 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119970 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120021 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120020 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119926 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119934 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120029 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120128 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120011 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120003 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119991 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120070 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120045 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120010 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120134 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120064 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120169 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120000 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120135 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120058 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120059 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119919 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119997 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120131 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120172 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119988 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120138 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120109 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120068 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120136 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120006 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119978 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120087 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120060 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120120 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120118 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120061 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120145 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120078 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120098 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120117 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350120122 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | 4350119888 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | 4350119964 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | 4350120047 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | 4350120157 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | 4350120160 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |

---

## Exhibit 99.6

**Exhibit 99.6**

![](ex996001.jpg)

**EXECUTIVE SUMMARY**

**COLT 2026-4**

**By Clarifii LLC on May 6, 2026**

COLT 2026-4 Due Diligence Narrative Report – PagE \| 1

![](ex996001.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 45 loans (the "Loans") and these loans were subsequently acquired by Lone Star Residential Acquisitions, LLC (the "Client") for the COLT 2026-4 transaction. The loans referenced in this narrative report were reviewed 03/2026 through 04/2026 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;11 | &nbsp;&nbsp;24.44% | &nbsp;&nbsp;$8343200.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;11 | &nbsp;&nbsp;24.44% | &nbsp;&nbsp;$7121226.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;23 | &nbsp;&nbsp;51.12% | &nbsp;&nbsp;$13575867.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

The Review consisted of a population of 45 loans, with an aggregate principal balance of $29,040,293.00.

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

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

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

**LOAN SAMPLING**

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

---

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

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 2

![](ex996001.jpg)

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 |
| &nbsp;&nbsp;Borrower 1 Other Income |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 Sex Visual Observation or Surname |

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 3

![](ex996001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Cash Disbursement Date |
| &nbsp;&nbsp;Closing/Settlement Date |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |

---

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---

| |
|:---|
| &nbsp;&nbsp;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |

---

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

● **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

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

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in loan file

● **Fraud Review** 

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

– 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

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– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in loan file

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

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

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

**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** 

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

● **Flood Certification** 

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

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

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

**COMPLIANCE REVIEW**

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

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

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

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

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

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– 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

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

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

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

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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**Miscellaneous Compliance Testing**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

– 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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

**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

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Regulation Z). This portion of the Review included a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

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

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

**ABILITY TO REPAY (ATR)**

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

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

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

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

All loans in the population reviewed by Clarifii that were investment properties 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.

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

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**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

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

---

**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. |

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 15

![](ex996001.jpg)

**C** The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition, or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms.

**D** The file was missing the appraisal or there was not sufficient valuation documentation to perform a review.

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;21 | &nbsp;&nbsp;46.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;24 | &nbsp;&nbsp;53.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &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.

COLT 2026-4 Due Diligence Narrative Report – PagE \| 16

![](ex996001.jpg)

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;42 | &nbsp;&nbsp;93.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;45 | &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;**45** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;24 | &nbsp;&nbsp;53.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;21 | &nbsp;&nbsp;46.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &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;2 | &nbsp;&nbsp;4.44% | &nbsp;&nbsp;$2588600.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;43 | &nbsp;&nbsp;95.56% | &nbsp;&nbsp;$26451693.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;34 | &nbsp;&nbsp;75.56% | &nbsp;&nbsp;$22272293.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;11 | &nbsp;&nbsp;24.44% | &nbsp;&nbsp;$6768000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 17

![](ex996001.jpg)

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;33 | &nbsp;&nbsp;73.33% | &nbsp;&nbsp;$21686276.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;12 | &nbsp;&nbsp;26.67% | &nbsp;&nbsp;$7354017.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$29040293.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$29040293.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**45** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$29040293.00** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;5 | &nbsp;&nbsp;80% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Employer 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 18

![](ex996001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;45 | &nbsp;&nbsp;91.11% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;5 | &nbsp;&nbsp;45 | &nbsp;&nbsp;88.89% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Other Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Sex Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;9 | &nbsp;&nbsp;37 | &nbsp;&nbsp;75.68% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;35 | &nbsp;&nbsp;39 | &nbsp;&nbsp;10.26% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;28 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |

---

COLT 2026-4 Due Diligence Narrative Report – PagE \| 19

![](ex996001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;39 | &nbsp;&nbsp;97.44% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;1 | &nbsp;&nbsp;45 | &nbsp;&nbsp;97.78% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;39 | &nbsp;&nbsp;97.44% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;39 | &nbsp;&nbsp;94.87% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;39 | &nbsp;&nbsp;100% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

COLT 2026-4 Due Diligence Narrative Report – PagE \| 20

![](ex996001.jpg)

**Disclaimer**

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

 

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

 

*Ratings, analysis, reports, and other opinions (referred to collectively as "Reports") issued by the Company are provided "as is" and without representation or warranty of any kind. The Company hereby disclaims any representation or warranty (whether express or implied) as to accuracy, completeness, merchantability, or fitness for a particular purpose. Reports are not a recommendation to buy, sell, or retain any security. All reports are deemed jointly prepared, and no individual shall be exclusively deemed the "author" of any Report. Individuals identified in a Report were involved in, but are not solely responsible for, the contents of any Report. Unless expressly stated otherwise, Reports do not assess any risk other than credit risk. In particular, any rating or grading in a Report does not take into consideration the risk of any security (or any portion thereof) due to changes in market conditions.*

 

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance.*© 2026 Clarifii LLC. All rights reserved.

COLT 2026-4 Due Diligence Narrative Report – PagE \| 21

## Exhibit 99.7

**Exhibit 99.7**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | XXXX | 4350120268 | XXXX | XXXX D B A | Closed | FCRE1325 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA license validation. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please review the attached verification of CPA license - Seller-XXXX <br>Open-Borrower 1 CPA Letter Missing CPA Letter provided; however, missing verification of CPA license in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please review the attached verification of CPA license - Seller-XXXX<br>| Resolved-Received CPA license validation. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 30.95<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731<br>LTV is less than guideline maximum - Required is 75 Borrower has 33.14 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8012806 |
| XXXX | XXXX | 4350120268 | XXXX | XXXX D B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 30.95<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731<br>LTV is less than guideline maximum - Required is 75 Borrower has 33.14 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 7976475 |
| XXXX | XXXX | 4350120267 | XXXX | XXXX D A | Closed | FCRE1159 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received final settlement statement reflecting disbursement date of XXXX. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded. See Certified FSS. - Seller-XXXX <br> Counter-Received revised settlement statement. Provide confirmation of certified final or signature page. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded. PCCD and Final SS. - Seller-XXXX <br> Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Hazard Insurance Effective Date of XXXX is after the funding date XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded. See Certified FSS. - Seller-XXXX <br>Ready for Review-Document Uploaded. Uploaded. PCCD and Final SS. - Seller-XXXX<br>| Resolved-Received final settlement statement reflecting disbursement date of 3/2. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 11.16 Required is 49.99 Borrower has 11.16<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Required is 680 Borrower has 712 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7958819 |
| XXXX | XXXX | 4350120267 | XXXX | XXXX D A | Closed | FCRE1158 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Premium page was provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded. Hazard Ins and Premium. Rebuttal - please see hazard insurance + premium on pages XXXX in the closing package. - Seller-XXXX <br> Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Premium total is missing from evidence of insurance - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded. Hazard Ins and Premium. Rebuttal - please see hazard insurance + premium on pages XXXX in the closing package. - Seller-XXXX | Resolved-Premium page was provided. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 11.16 Required is 49.99 Borrower has 11.16<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Required is 680 Borrower has 712 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7975612 |
| XXXX | XXXX | 4350120267 | XXXX | XXXX D A | Closed | FCRE7806 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Bank statement worksheet was provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded.. See Borrower Bank Statement. - Seller-XXXX <br>Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded.. See Borrower Bank Statement. - Seller-XXXX<br>| Resolved-Bank statement worksheet was provided. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 11.16 Required is 49.99 Borrower has 11.16<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Required is 680 Borrower has 712 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7959594 |
| XXXX | XXXX | 4350120267 | XXXX | XXXX D A | Closed | FCRE1437 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-XXXX search was provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded. See XXXX Search. - Seller-XXXX <br>Open-Income and Employment Do Not Meet Guidelines Missing - Business phone number must be verifiable via XXXX Search, XXXX or internet.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded. See XXXX Search. - Seller-XXXX<br>| Resolved-XXXX search was provided. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 11.16 Required is 49.99 Borrower has 11.16<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Required is 680 Borrower has 712 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7975834 |
| XXXX | XXXX | 4350120266 | XXXX | XXXX C B A | Closed | FCRE1510 | XXXX | XXXX | 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-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description "Exhibit A" - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.58 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7877118 |
| XXXX | XXXX | 4350120266 | XXXX | XXXX C B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.58 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 7877849 |
| XXXX | XXXX | 4350120305 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120275 | XXXX | XXXX C A | Closed | FCRE1205 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC provided for seller. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the search results. - Seller-XXXX <br>Counter-Received OFAC clearance on B2. Missing for seller. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the sanctions search result. - Seller-XXXX <br>Open-OFAC Check Not Completed and/or Cleared Parties on OFAC show open review items for borrower, co-borrower, owner of record.<br> Gift donors to be added (2) to interested parties and OFAC - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the search results. - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the sanctions search result. - Seller-XXXX<br>| Resolved-OFAC provided for seller. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8010261 |
| XXXX | XXXX | 4350120275 | XXXX | XXXX C A | Closed | FCRE1204 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received fraud report reflecting high alerts cleared. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the cleared fraud report. - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts Fraud report shows high alerts not yet cleared. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the cleared fraud report. - Seller-XXXX<br>| Resolved-Received fraud report reflecting high alerts cleared. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8010260 |
| XXXX | XXXX | 4350120275 | XXXX | XXXX C A | Closed | FCRE1481 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Received gift letter. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see gift letter. - Seller-XXXX <br>Open-Asset Record 3 Does Not Meet G/L Requirements XXXX XXXX reflects XXXXK deposit on XXXX, which shows as a gift. Provide acceptable gift letter. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see gift letter. - Seller-XXXX<br>| Resolved-Received gift letter. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8010347 |
| XXXX | XXXX | 4350120304 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated |  |  |  |
| XXXX | XXXX | 4350120306 | XXXX | XXXX C A | Closed | FCRE1254 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Final Short Form title provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Kindly review the attached final policy - Seller-XXXX <br>Open-Property Title Issue As a condition to issuing the final title policy, the Tilte Company required the following: A Seller/Mortgagor Affidavit executed by Vested owner affirming that no person or entity has acquired or claims any interest in the property, and that no liens, encumbrances, judgments, contracts, claims, or other adverse matters exist or have arisen that would attach to title during the gap period. MISSING signed/ recorded Affidavit, as the loan is now closed and this document should be with the closing package. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Kindly review the attached final policy - Seller-XXXX<br>| Resolved-Final Short Form title provided. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 731<br>LTV is less than guideline maximum - Required is 75 Borrower has 70<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7981367 |
| XXXX | XXXX | 4350120297 | XXXX | XXXX D B A | Closed | FCRE1198 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review - guidelines for Gift from Relative - this Gift is from Brother - do not require any documentation other than the Gift Letter - Due Diligence Vendor-XXXX <br> Counter-Received rebuttal gift receipt not required. Assets must meet guidelines 11. Evidence of receipt of funds for reserves required. - Due Diligence Vendor-XXXX <br> Ready for Review-XXXX is use for reserve and does not require a receipt. - Seller-XXXX <br> Counter-Received breakdown of assets considered. Review is missing receipt of XXXX gift. (reserves will be sufficient once received) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The bank statement verified asset is XXXX and seller's credit of XXXX comes out to XXXX covert cash to close. Plus, gift of XXXX for reserve. - Seller-XXXX <br> Counter-Received borrower funds to title. Please address original finding. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the wire confirmation - Seller-XXXX <br> Counter-Borrower is short reserves by - XXXX; please provide additional asset documentation from the borrower dated prior to the closing date. - Due Diligence Vendor-XXXX <br> Ready for Review-Per purchase contract, the addendum states "up to", so there is no addendum drafted that specifies the exact amount seller will contribute. Seller contribution is of actual closing costs. - Seller-XXXX <br> Counter-Received purchase contract addendum reflecting seller contributions. Contributions are noted on CD. Original finding remains. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see purchase addendum that the borrower will received. - Seller-XXXX <br> Open-Audited Reserves of 0.11 month(s) are less than Guideline Required Reserves of 4 month(s) - Due Diligence Vendor-XXXX | Ready for Review-XXXX is use for reserve and does not require a receipt. - Seller-XXXX <br>Ready for Review-Document Uploaded. The bank statement verified asset is XXXX and seller's credit of XXXX comes out to XXXX covert cash to close. Plus, gift of XXXX for reserve. - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the wire confirmation - Seller-XXXX <br>Ready for Review-Per purchase contract, the addendum states "up to", so there is no addendum drafted that specifies the exact amount seller will contribute. Seller contribution is of actual closing costs. - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see purchase addendum that the borrower will received. - Seller-XXXX<br>| Resolved-Upon further review - guidelines for Gift from Relative - this Gift is from Brother - do not require any documentation other than the Gift Letter - Due Diligence Vendor-XXXX<br>| Verified employment history exceeds guidelines - Borrower has been self-employed at the same business for 8 years at the date of close.<br>Credit history exceeds minimum required - Minimum of 2 reporting trades within the last 12 months, or 3 reporting in the last 12 months. The borrower has 6 active trades reporting as of the date of the credit report. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8040007 |
| XXXX | XXXX | 4350120297 | XXXX | XXXX D B A | Closed | FCRE1325 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received validation of CPA license. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the license search result. - Seller-XXXX <br>Open-Borrower 1 CPA Letter Missing Missing validation of the tax preparer's license. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the license search result. - Seller-XXXX<br>| Resolved-Received validation of CPA license. - Due Diligence Vendor-XXXX<br>| Verified employment history exceeds guidelines - Borrower has been self-employed at the same business for 8 years at the date of close.<br>Credit history exceeds minimum required - Minimum of 2 reporting trades within the last 12 months, or 3 reporting in the last 12 months. The borrower has 6 active trades reporting as of the date of the credit report. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8039823 |
| XXXX | XXXX | 4350120297 | XXXX | XXXX D B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non material findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non material findings. - Due Diligence Vendor-XXXX<br>| Verified employment history exceeds guidelines - Borrower has been self-employed at the same business for 8 years at the date of close.<br>Credit history exceeds minimum required - Minimum of 2 reporting trades within the last 12 months, or 3 reporting in the last 12 months. The borrower has 6 active trades reporting as of the date of the credit report. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7984909 |
| XXXX | XXXX | 4350120298 | XXXX | XXXX C A | Closed | FCRE1510 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided EX A, Legal Description - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. It is already included in the package. - Seller-XXXX <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Ex A; Legal - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. It is already included in the package. - Seller-XXXX<br>| Resolved-Client provided EX A, Legal Description - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 40.3<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 18.78<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 798 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7952249 |
| XXXX | XXXX | 4350120300 | XXXX | XXXX C B A | Closed | FCRE1481 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Document Uploaded. Received proof of transfer from donor. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Asset Record 3 Does Not Meet G/L Requirements Please provide documentation verifying gift funds of XXXX were wired to closing/escrow and receipt of gift funds, showing the funds came from the individual matching the gift letter. Additional conditions may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Document Uploaded. Received proof of transfer from donor. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 44.72<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 722 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8068007 |
| XXXX | XXXX | 4350120300 | XXXX | XXXX C B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 44.72<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 722 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7981736 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FCRE5782 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received LOX for inquiry. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. LOE attached - Seller-XXXX <br> Counter-Received GAP report. Gap credit reflect delinquent deb and a new credit inquiry with XXXX XXXX prior to Note date. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX <br> Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. LOE attached - Seller-XXXX <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX<br>| Resolved-Received LOX for inquiry. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8201429 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FCRE1506 | XXXX | XXXX | 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-XXXX <br>Ready for Review-We didn't use any asset for this file. It's cash out file and there was no required reserve. please waive - Seller-XXXX <br>Counter-Pending CPA finding. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. hello CPA letter was already in the closing package but re attaching it here - Seller-XXXX <br>Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Borrower 1 CPA Letter Missing . Provide executed CPA letter confirming: 1) borrower ownership % in business, must not be < 25%. 2) How long borrower has had ownership in business. 3) Confirm use of business assets will not negatively affect the business. - Due Diligence Vendor-XXXX | Ready for Review-We didn't use any asset for this file. It's cash out file and there was no required reserve. please waive - Seller-XXXX <br>Ready for Review-Document Uploaded. hello CPA letter was already in the closing package but re attaching it here - Seller-XXXX<br>| Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8232891 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FCRE1325 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-XXXX <br>Ready for Review-We didn't use any asset for this file. It's cash out file and there was no required reserve. please waive - Seller-XXXX <br>Counter-Received CPA. CPA letter does not confirm use of business assets will not negatively affect the business - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. hello CPA letter was already in the closing package - Seller-XXXX <br>Open-Borrower 1 CPA Letter Missing. Provide executed CPA letter confirming: 1) borrower ownership % in business, must not be < 25%. 2) How long borrower has had ownership in business. 3) Confirm use of business assets will not negatively affect the business. - Due Diligence Vendor-XXXX | Ready for Review-We didn't use any asset for this file. It's cash out file and there was no required reserve. please waive - Seller-XXXX <br>Ready for Review-Document Uploaded. hello CPA letter was already in the closing package - Seller-XXXX<br>| Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8232769 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FPRO1242 | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received 1004 - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Appraisal is Missing. Incorrect appraisal uploaded into the system . Provide subject appraisal. Additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received 1004 - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8201103 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FCRE1510 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. DOT attached - Seller-XXXX <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-XXXX | Ready for Review-Document Uploaded. DOT attached - Seller-XXXX<br>| Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8187011 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | finding-3634 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. COC attached - Seller-XXXX <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 XXXX.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). -----Zero (0%) tolerance fees increased by $XXXX (Loan Origination Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. COC attached - Seller-XXXX<br>| Resolved-Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8184375 |
| XXXX | XXXX | 4350120271 | XXXX | XXXX D B A C | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.62<br>LTV is less than guideline maximum - Required is 70 Borrower has 54.99<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8183414 |
| XXXX | XXXX | 4350120299 | XXXX | XXXX B A | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 726<br>LTV is less than guideline maximum - Required is 75 Borrower has 55.48<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.42 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8024763 |
| XXXX | XXXX | 4350120301 | XXXX | XXXX C B A | Closed | FCOM9998 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Closing Disclosure Issue | Resolved-Rec'd Fee clarification. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX <br>Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX<br>| Resolved-Rec'd Fee clarification. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 743<br>LTV is less than guideline maximum - Required is 75 Borrower has 55 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8026452 |
| XXXX | XXXX | 4350120301 | XXXX | XXXX C B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 743<br>LTV is less than guideline maximum - Required is 75 Borrower has 55 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8025005 |
| XXXX | XXXX | 4350120265 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120288 | XXXX | XXXX C B A | Closed | finding-3732 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | TRID Total of Payments Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXXX <br> Counter-The numbers are coming from the Final CD, the TOP is XXXX, with the calculations coming out to XXXX, the difference is XXXX. This can not be corrected with a PCCD. A LOE, proof of restitution, PCCD and reopen rescission period is required. Finding remains. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The Total of Payments decreased from XXXX on the Initial CD to XXXX on the Final CD.<br> This reflects a borrower benefit, not an increase in cost.<br> Therefore, this change does not constitute a TRID tolerance violation. - Seller-XXXX <br> Counter-The numbers are coming from the Final CD, the TOP is XXXX, with the calculations coming out to XXXX, the difference is XXXX. This can not be corrected with a PCCD. A LOE, proof of restitution, PCCD and reopen rescission period is required. - Due Diligence Vendor-XXXX <br> Ready for Review-I do not know how the auditor had that numbers but the TOP looks fine to me. Please clarify or remove condition. - Seller-XXXX <br> Open-This loan failed the TRID total of payments test. (12 CFR §1026.18(o)(1))The total of payments is XXXX. The disclosed total of payments of XXXX is not considered accurate because it is understated by more than XXXX and the provided reimbursement amount of XXXX is not sufficient to cure the inaccuracy. -----Total of payments is understated by XXXX which exceeds threshold of XXXX. Provide evidence of refund or principal reduction for XXXX or, at a minimum, to the XXXX threshold, post-close CD, LOE and evidence of delivery to the borrower within 60 days of discovery. Rescission must be re-opened. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. The Total of Payments decreased from XXXX on the Initial CD to XXXX on the Final CD.<br> This reflects a borrower benefit, not an increase in cost.<br> Therefore, this change does not constitute a TRID tolerance violation. - Seller-XXXX <br>Ready for Review-I do not know how the auditor had that numbers but the TOP looks fine to me. Please clarify or remove condition. - Seller-XXXX<br>| Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 681<br>LTV is less than guideline maximum - Required is 75 Borrower has 58.95<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.22 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8081678 |
| XXXX | XXXX | 4350120288 | XXXX | XXXX C B A | Closed | finding-3734 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | TRID Foreclosure Rescission Total of Payments Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXXX <br> Counter-The numbers are coming from the Final CD, the TOP is XXXX, with the calculations coming out to XXXX, the difference is XXXX. This can not be corrected with a PCCD. A LOE, proof of restitution, PCCD and reopen rescission period is required. Finding remains. - Due Diligence Vendor-XXXX <br> Ready for Review-The Total of Payments decreased from XXXX on the Initial CD to XXXX on the Final CD.<br> This reflects a borrower benefit, not an increase in cost.<br> Therefore, this change does not constitute a TRID tolerance violation. - Seller-XXXX <br> Counter-The numbers are coming from the Final CD, the TOP is XXXX, with the calculations coming out to XXXX, the difference is XXXX. This can not be corrected with a PCCD. A LOE, proof of restitution, PCCD and reopen rescission period is required. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. I do not know how the auditor had that numbers but the TOP looks fine to me. Please clarify or remove condition. The TOP decreased. Also please see attached updated PCCD based on the FSS from Escrow. - Seller-XXXX <br> Open-This loan failed the TRID foreclosure rescission total of payments test. (12 CFR §1026.23(h)(2)(ii))The total of payments is XXXX. The disclosed total of payments charge of XXXX is not considered accurate for purposes of rescission because it is understated by more than XXXX. -----Total of payments is understated by XXXX which exceeds threshold of XXXX. Provide evidence of refund or principal reduction for XXXX, post-close CD, LOE and evidence of delivery to the borrower within 60 days of discovery. Rescission must be re-opened. - Due Diligence Vendor-XXXX | Ready for Review-The Total of Payments decreased from XXXX on the Initial CD to XXXX on the Final CD.<br> This reflects a borrower benefit, not an increase in cost.<br> Therefore, this change does not constitute a TRID tolerance violation. - Seller-XXXX <br>Ready for Review-Document Uploaded. I do not know how the auditor had that numbers but the TOP looks fine to me. Please clarify or remove condition. The TOP decreased. Also please see attached updated PCCD based on the FSS from Escrow. - Seller-XXXX<br>| Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 681<br>LTV is less than guideline maximum - Required is 75 Borrower has 58.95<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.22 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8081679 |
| XXXX | XXXX | 4350120288 | XXXX | XXXX C B A | Closed | FCRE8611 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Received internet validation of business phone number. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-XXXX <br>Open-Missing verification of business phone number via XXXX Search, XXXX or internet is required - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-XXXX<br>| Resolved-Received internet validation of business phone number. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 681<br>LTV is less than guideline maximum - Required is 75 Borrower has 58.95<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.22 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8134703 |
| XXXX | XXXX | 4350120288 | XXXX | XXXX C B A | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material C B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 681<br>LTV is less than guideline maximum - Required is 75 Borrower has 58.95<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.22 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8091515 |
| XXXX | XXXX | 4350120288 | XXXX | XXXX C B A | Closed | FCOM1267 | XXXX | XXXX | 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 XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 681<br>LTV is less than guideline maximum - Required is 75 Borrower has 58.95<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.22 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8091514 |
| XXXX | XXXX | 4350120262 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated |  |  |  |
| XXXX | XXXX | 4350120263 | XXXX | XXXX C B A | Closed | FCRE9501 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than XXXX | Resolved-Client provided business account statement which borrower own 100% of business - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. assets - Seller-XXXX <br> Open-Total Qualified Assets Post-Close amount is '$-XXXX'. Borrower has 6 loans with lender. Assets provided were only sufficient for loans XXXX, XXXX and partially sufficient for loan XXXX. Borrower has insufficient assets. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. assets - Seller-XXXX<br>| Resolved-Client provided business account statement which borrower own 100% of business - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months required - have 15.97 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8243490 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX C B A | Closed | FCRE1198 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Client provided business account statement which borrower owns 100% - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. assets - Seller-XXXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s). Borrower has 6 loans with lender. Assets provided were only sufficient for loans XXXX, XXXX and partially sufficient for loan XXXX. Borrower has insufficient assets. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. assets - Seller-XXXX<br>| Resolved-Client provided business account statement which borrower owns 100% - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months required - have 15.97 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8243488 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX C B A | Closed | FCRE0970 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Corrected appraisal was provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. correct appraisal - Seller-XXXX <br>Open-The subject property is located in a PUD. The appraiser noted there are no HOA dues. However, appraisals completed for 2 of the borrower's other properties located on the same street, indicate annual HOA dues of XXXX. Provide clarification or update the appraisal with the HOA dues. Additional conditions may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. correct appraisal - Seller-XXXX<br>| Resolved-Corrected appraisal was provided. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months required - have 15.97 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8243493 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX C B A | Closed | FCRE3599 | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Waived to non-material with compensating factors. - Due Diligence Vendor-XXXX <br> Open-FM aggregate exposure to a single borrower and/or household shall not exceed XXXX in current unpaid principal balance (UPB) or XXXX loans. Approved exception in file for maximum exposure. - Due Diligence Vendor-XXXX |  | Waived-Waived to non-material with compensating factors. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months required - have 15.97 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 8243499 |
| XXXX | XXXX | 4350120270 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA |  |  |  |
| XXXX | XXXX | 4350120272 | XXXX | XXXX D A | Closed | FCRE1202 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded. See Fraud Guard letter approval. - Seller-XXXX <br>Open-Third Party Fraud Report Partially Provided Missing UW Review, Fraud Report score >800. Per guides TVOE XXXX: XXXX® scores above 800 from XXXXTM require management review and approval by the Underwriting Manager in order to proceed with the loan. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded. See Fraud Guard letter approval. - Seller-XXXX<br>| Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 703<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 41.26 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8242972 |
| XXXX | XXXX | 4350120272 | XXXX | XXXX D A | Closed | FCRE1334 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed 4506-T/4506-C is Missing | Resolved-This is not a full doc loan, it is a WVOE - Due Diligence Vendor-XXXX <br>Ready for Review-Rebuttal - Form 4506 is not required on Non QM. Please kindly waive condition. - Seller-XXXX <br>Open-Borrower 1 Executed 4506-T/4506-C is Missing 4506-T/4506-C is absent the loan file, regarding of lender guides. Additional conditions may apply, pending review. - Due Diligence Vendor-XXXX | Ready for Review-Rebuttal - Form 4506 is not required on Non QM. Please kindly waive condition. - Seller-XXXX<br>| Resolved-This is not a full doc loan, it is a WVOE - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 703<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 41.26 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8274008 |
| XXXX | XXXX | 4350120287 | XXXX | XXXX D B A C | Closed | FCRE1334 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed 4506-T/4506-C is Missing | Resolved-Upon further review, 4506-C is not required on P&L qualifying program. - Due Diligence Vendor-XXXX <br>Ready for Review-Could you please confirm if the 4506C is required? I am not sure it is, as this is a non-QM file. - Seller-XXXX <br>Open-Borrower 1 Executed 4506-T/4506-C is Missing 4506-T/4506-C is absent the loan file, regarding of lender guides. Additional conditions may apply, pending review. - Due Diligence Vendor-XXXX | Ready for Review-Could you please confirm if the 4506C is required? I am not sure it is, as this is a non-QM file. - Seller-XXXX<br>| Resolved-Upon further review, 4506-C is not required on P&L qualifying program. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 778<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.85 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8269259 |
| XXXX | XXXX | 4350120287 | XXXX | XXXX D B A C | Closed | FCOM0013 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing e-Consent | Resolved-Rec'd copy of borrower's eConsent. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. It is already included in the uploaded package. - Seller-XXXX <br>Open-Missing e-Consent. E consent missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. It is already included in the uploaded package. - Seller-XXXX<br>| Resolved-Rec'd copy of borrower's eConsent. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 778<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.85 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8218627 |
| XXXX | XXXX | 4350120287 | XXXX | XXXX D B A C | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 778<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.85 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8218625 |
| XXXX | XXXX | 4350120269 | XXXX | XXXX D B A C | Closed | FCRE1437 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received business phone number validation. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Income and Employment Do Not Meet Guidelines Missing - Business phone number must be verifiable via XXXX Search, XXXX or internet.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received business phone number validation. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 60 Required is 80 Borrower has 60<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 22.28 Required is 49.99 Borrower has 22.28<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 783 Required is 660 Borrower has 783 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8301368 |
| XXXX | XXXX | 4350120269 | XXXX | XXXX D B A C | Closed | FCRE1202 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-After further review, the management approval letter is in the loan file. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Third Party Fraud Report Partially Provided Risk level over 800, missing lender management review and approval by UW manager - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-After further review, the management approval letter is in the loan file. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 60 Required is 80 Borrower has 60<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 22.28 Required is 49.99 Borrower has 22.28<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 783 Required is 660 Borrower has 783 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8301531 |
| XXXX | XXXX | 4350120269 | XXXX | XXXX D B A C | Closed | FCOM9998 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Closing Disclosure Issue | Resolved-Rec'd fee clarification. - Due Diligence Vendor-XXXX <br>Ready for Review-It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX <br>Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply.<br> - Due Diligence Vendor-XXXX | Ready for Review-It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX<br>| Resolved-Rec'd fee clarification. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 60 Required is 80 Borrower has 60<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 22.28 Required is 49.99 Borrower has 22.28<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 783 Required is 660 Borrower has 783 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8284686 |
| XXXX | XXXX | 4350120269 | XXXX | XXXX D B A C | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 60 Required is 80 Borrower has 60<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 22.28 Required is 49.99 Borrower has 22.28<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 783 Required is 660 Borrower has 783 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8284122 |
| XXXX | XXXX | 4350120269 | XXXX | XXXX D B A C | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 60 Required is 80 Borrower has 60<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 22.28 Required is 49.99 Borrower has 22.28<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 783 Required is 660 Borrower has 783 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8284124 |
| XXXX | XXXX | 4350120264 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120276 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120286 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120284 | XXXX | XXXX C B A | Closed | FCRE1491 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-PCCD resolved this finding. - Due Diligence Vendor-XXXX <br>Ready for Review-Per FSS and the PCCD reflects, cash to close is XXXX. Please remove condition. No funds need to be verified. - Seller-XXXX <br>Counter-Received PCCD dated XXXX reflecting XXXX closing costs paid by borrower, condition remains awaiting documentation to source those funds. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. PLEASE SEE ATTACHED - Seller-XXXX <br>Counter-Final Settlement statement provided, however subject is a primary residence. Final PCCD is required. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-XXXX <br>Open-Asset Qualification Does Not Meet Guideline Requirements Provide Assets documentation with sufficient funds available to cover cash to close. - Due Diligence Vendor-XXXX | Ready for Review-Per FSS and the PCCD reflects, cash to close is XXXX. Please remove condition. No funds need to be verified. - Seller-XXXX <br>Ready for Review-Document Uploaded. PLEASE SEE ATTACHED - Seller-XXXX <br>Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-XXXX<br>| Resolved-PCCD resolved this finding. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 55.21<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 29.9 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8324020 |
| XXXX | XXXX | 4350120284 | XXXX | XXXX C B A | Closed | FCRE1510 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided page 2 of DOT. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Page 2 of the Deed of Trust. Please provide. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Client provided page 2 of DOT. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 55.21<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 29.9 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8301195 |
| XXXX | XXXX | 4350120284 | XXXX | XXXX C B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 55.21<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 29.9 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8301363 |
| XXXX | XXXX | 4350120284 | XXXX | XXXX C B A | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 55.21<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 29.9 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8301362 |
| XXXX | XXXX | 4350120278 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 18.59<br>LTV is less than guideline maximum - Required is 80 Borrower has 60.11<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8316511 |
| XXXX | XXXX | 4350120289 | XXXX | XXXX C B A | Closed | finding-3352 | XXXX | XXXX | Waived | 2 - Non-Material C B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Originator waiver applied to non material finding . File contains appraisal and escrows - Due Diligence Vendor-XXXX <br> Open-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-XXXX <br> Ready for Review-I appreciate your review of this file. Regarding the HPML condition, we would like to request a clear based on the following risk mitigations already included in the file:<br>Escrow (Impound) Account: A full escrow account for taxes and insurance was established at closing, satisfying the requirements of 12 CFR § 1026.35. - Seller-XXXX | Ready for Review-I appreciate your review of this file. Regarding the HPML condition, we would like to request a clear based on the following risk mitigations already included in the file:<br>Escrow (Impound) Account: A full escrow account for taxes and insurance was established at closing, satisfying the requirements of 12 CFR § 1026.35. - Seller-XXXX<br>| Waived-Originator waiver applied to non material finding . File contains appraisal and escrows - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.36<br>Long term residence - Borrower has owned subject property since XXXX with only 1 recent late dated XXXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8343363 |
| XXXX | XXXX | 4350120289 | XXXX | XXXX C B A | Closed | FCOM9998 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Closing Disclosure Issue | Resolved-Fee clarification received. - Due Diligence Vendor-XXXX <br>Ready for Review-It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX <br>Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply.<br> - Due Diligence Vendor-XXXX | Ready for Review-It's a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX<br>| Resolved-Fee clarification received. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.36<br>Long term residence - Borrower has owned subject property since XXXX with only 1 recent late dated XXXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8365411 |
| XXXX | XXXX | 4350120289 | XXXX | XXXX C B A | Closed | FCOM1267 | XXXX | XXXX | 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 XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.36<br>Long term residence - Borrower has owned subject property since XXXX with only 1 recent late dated XXXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8365137 |
| XXXX | XXXX | 4350120289 | XXXX | XXXX C B A | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.36<br>Long term residence - Borrower has owned subject property since XXXX with only 1 recent late dated XXXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8365138 |
| XXXX | XXXX | 4350120289 | XXXX | XXXX C B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.36<br>Long term residence - Borrower has owned subject property since XXXX with only 1 recent late dated XXXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8365139 |
| XXXX | XXXX | 4350120282 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - 779 is above min required 660 Required is 660 Borrower has 779<br>Qualifying DTI below maximum allowed - Lender 43.78 is below max allowed 49.99. Review DTI 44.04 is below max allowed 49.99 Required is 49.99 Borrower has 43.57<br>LTV is less than guideline maximum - 64.58 is below max allowed 75 Required is 75 Borrower has 64.58 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8341607 |
| XXXX | XXXX | 4350120273 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - 33.31 below the min 49.99 Required is 49.99 Borrower has 33.66<br>LTV is less than guideline maximum - 59.39 is below the max allowed 80 Required is 80 Borrower has 59.39<br>Qualifying FICO score is at least 20 points above minimum for program - 772 exceeds the min required 660 Required is 660 Borrower has 772 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8342229 |
| XXXX | XXXX | 4350120281 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA |  |  |  |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | FCRE1437 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received Enrolled Agent letter dated XXXX - revised from XXXX - indicating that due to nature of borrower's business does not require to have phone number listed as business number. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please review the attached letter for your review. - Seller-XXXX <br>Open-Income and Employment Do Not Meet Guidelines • Missing business number search, business phone number must be verifiable via XXXX Search, XXXX or internet. Additional condition may apply pending review. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please review the attached letter for your review. - Seller-XXXX<br>| Resolved-Received Enrolled Agent letter dated XXXX - revised from XXXX - indicating that due to nature of borrower's business does not require to have phone number listed as business number. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8400432 |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | FCRE2663 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Application | Resolved-Received initial 1003 signed and dated by XXXX XXXX, in line with intent to proceed dated XXXX. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please review the attached initial 1003 - Seller-XXXX <br>Counter-Please provide Initial 1003 dated by originator to confirm application date of XXXX. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. I request to remove this condition. The borrower signed the initial 1003 form with a wet signature on XXXX, and the intent to proceed date was also XXXX, which aligns with the application date.<br>Given that the application was submitted on XXXX, and the borrower promptly signed the 1003 form on XXXX, we believe the borrower's intent to proceed is sufficiently demonstrated, and the missing signature on the application date should not prevent us from moving forward. - Seller-XXXX <br>Open-Missing initial 1003 to support initial application date of XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please review the attached initial 1003 - Seller-XXXX <br>Ready for Review-Document Uploaded. I request to remove this condition. The borrower signed the initial 1003 form with a wet signature on XXXX, and the intent to proceed date was also XXXX, which aligns with the application date.<br>Given that the application was submitted on XXXX, and the borrower promptly signed the 1003 form on XXXX, we believe the borrower's intent to proceed is sufficiently demonstrated, and the missing signature on the application date should not prevent us from moving forward. - Seller-XXXX<br>| Resolved-Received initial 1003 signed and dated by XXXX XXXX, in line with intent to proceed dated XXXX. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8385399 |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | finding-3652 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, no additional docs are required. Finding resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. I wanted to clarify that there is no lender credit for this loan file. If you are referring to the loan origination fee, please note that this is a lender-paid broker compensation fee, not a lender credit. Please clear this condition. - Seller-XXXX <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 (XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXXX). 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 XXXX to XXXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. I wanted to clarify that there is no lender credit for this loan file. If you are referring to the loan origination fee, please note that this is a lender-paid broker compensation fee, not a lender credit. Please clear this condition. - Seller-XXXX<br>| Resolved-Upon further review, no additional docs are required. Finding resolved. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8389959 |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | FCOM9998 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Closing Disclosure Issue | Resolved-Evidence received, finding resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-s a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX <br>Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-s a lender paid broker compensation fee. Please clear this condition. - Seller-XXXX<br>| Resolved-Evidence received, finding resolved. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8390163 |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | finding-3536 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test | Resolved-Fired in error.. finding resolved. - Due Diligence Vendor-XXXX |  | Resolved-Fired in error.. finding resolved. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8453507 |
| XXXX | XXXX | 4350120279 | XXXX | XXXX D B A C | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non material findings - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non material findings - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 767<br>Months Reserves exceed minimum required - 18 months reserves, none required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8384338 |
| XXXX | XXXX | 4350120280 | XXXX | XXXX D A | Closed | FCRE0197 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Seller CD and PCCD. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Counter-Received Seller CD dated XXXX. Note is dated XXXX, included in file PC CD dated XXXX. Missing PC CD dated XXXX. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-The Final SELLER CD/HUD is missing. Missing Final Seller CD/HUD - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Seller CD and PCCD. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 785<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.47 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8395930 |
| XXXX | XXXX | 4350120280 | XXXX | XXXX D A | Closed | FCRE1506 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Confirmation of taxes used and confirmation of no HOA provided. - Due Diligence Vendor-XXXX <br>Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. - Due Diligence Vendor-XXXX |  | Resolved-Confirmation of taxes used and confirmation of no HOA provided. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 785<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.47 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8400978 |
| XXXX | XXXX | 4350120280 | XXXX | XXXX D A | Closed | FCRE7497 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Confirmation of taxes used and confirmation of no HOA provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Rebuttal from lender:<br> Regarding the HOA Dues, please note that this property is a Single Family Residence (SFR), and there are no HOA fees associated with it. Also, for the property taxes, we have used a higher figure of XXXX for qualification, which is more conservative than the XXXX mentioned in your finding.<br> - Due Diligence Vendor-XXXX <br>Open-Missing information used for taxes, insurance, and/or HOA for REO 3A. Documentation in file does not reflect total used to qualify on final 1003. File is missing verification of HOA Dues. - Due Diligence Vendor-XXXX |  | Resolved-Confirmation of taxes used and confirmation of no HOA provided. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 785<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.47 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8395704 |
| XXXX | XXXX | 4350120277 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 754<br>LTV is less than guideline maximum - Required is 80 Borrower has 59.2<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 34.85 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8404904 |
| XXXX | XXXX | 4350120303 | XXXX | XXXX D B A | Closed | FCRE1325 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received EA license validation. - Due Diligence Vendor-XXXX <br>Ready for Review-Please see attached - Seller-XXXX <br>Open-Borrower 1 CPA Letter Missing CPA Letter provided however, Missing current/active license or certification for the preparer to identify tax preparer as a Certified Public Accountant (CPA), an IRS Enrolled Agent (EA), a CTEC registered tax preparer. Additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-Please see attached - Seller-XXXX<br>| Resolved-Received EA license validation. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 75<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 727 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8512804 |
| XXXX | XXXX | 4350120303 | XXXX | XXXX D B A | Closed | FCRE1510 | XXXX | XXXX | 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-XXXX <br>Ready for Review-Document Uploaded. DOT attached - Seller-XXXX <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-XXXX | Ready for Review-Document Uploaded. DOT attached - Seller-XXXX<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 75<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 727 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8529137 |
| XXXX | XXXX | 4350120303 | XXXX | XXXX D B A | Closed | FCRE5782 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX <br>Open-Borrower 1 Gap Credit Report is Missing. A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. Any - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX<br>| Resolved-Received credit refresh. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 75<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 727 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8512834 |
| XXXX | XXXX | 4350120303 | XXXX | XXXX D B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 75<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 727 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8499381 |
| XXXX | XXXX | 4350120285 | XXXX | XXXX D A | Closed | FCRE5782 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX <br>Open-Borrower 1 Gap Credit Report is Missing. A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Soft pull attached - Seller-XXXX<br>| Resolved-Received credit refresh. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 802<br>LTV is less than guideline maximum - Required is 80 Borrower has 32.15<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 36.71 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8510469 |
| XXXX | XXXX | 4350120296 | XXXX | XXXX D A | Closed | FCRE7497 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA for 3d. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded. See REO #3D Mortgage Statement, Taxes, Insurance, HOA. Rebuttal - Please kindly see closing package for Mortgage Statement on page 99, Insurance pages 113-116, Taxes page 117, HOA page 118. - Seller-XXXX <br>Open-Missing information used for taxes, insurance, and/or HOA for REO 3D. Documentation in file does not reflect total used to qualify on final 1003. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded. See REO #3D Mortgage Statement, Taxes, Insurance, HOA. Rebuttal - Please kindly see closing package for Mortgage Statement on page 99, Insurance pages 113-116, Taxes page 117, HOA page 118. - Seller-XXXX<br>| Resolved-Received PITIA for 3d. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 787<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 24.01 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8430243 |
| XXXX | XXXX | 4350120274 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | XXXX | 4350120290 | XXXX | XXXX C A | Closed | finding-3532 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Rec'd UTC (Universal Time Coordinated) with evidence of receipt date of XXXX for CD issued XXXX. Finding resolved. - Due Diligence Vendor-XXXX <br> Counter-Agreed, timing of the disclosure is met as it was provided 3 days prior to consummation. However, what has not been met per XXXX, it the borrower's acknowledgement of receipt. With eConsent, you cannot go under the presumption of receipt, borrower must acknowledge receipt. Finding remains - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. per the XXXX…. When the borrower signs an e-consent, the clock starts as soon as we send out the disclosure… enclosed is a copy of the signed e-consent and our disclosure tracking which shows borrower received XXXX - Seller-XXXX <br> Counter-The 3 day rule does not include the day the CD was sent and/or received. - Due Diligence Vendor-XXXX <br> Ready for Review-We believe the counter condition below is incorrect as it was electronically sent on XXXX. The 3 business days are XXXX and it closed the day after the 3rd business day on XXXX - Seller-XXXX <br> Counter-The initial CD was dated XXXX, Closing was on XXXX. The borrower was not given 3 full days to review prior to closing. Finding Remains. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The CD was signed on XXXX 2:00am on universal time converted to EST its XXXX 10:00 PM eastern see attached - Seller-XXXX <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:"XXXX First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday 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 initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday 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 three business days (counting all calendar days except Sunday 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 three business days before consummation. ----- Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. per the XXXX…. When the borrower signs an e-consent, the clock starts as soon as we send out the disclosure… enclosed is a copy of the signed e-consent and our disclosure tracking which shows borrower received XXXX - Seller-XXXX <br> Ready for Review-We believe the counter condition below is incorrect as it was electronically sent on XXXX. The 3 business days XXXX and it closed the day after the 3rd business day on XXXX - Seller-XXXX <br> Ready for Review-Document Uploaded. The CD was signed on XXXX 2:00am on universal time converted to EST its XXXX 10:00 PM eastern see attached - Seller-XXXX | Resolved-Rec'd UTC (Universal Time Coordinated) with evidence of receipt date of XXXX for CD issued XXXX. Finding resolved. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.49<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 742<br>LTV is less than guideline maximum - Required is 85 Borrower has 58.89 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8428914 |
| XXXX | XXXX | 4350120291 | XXXX | XXXX D B A C | Closed | FVAL1563 | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Unsupported adjustments or comps | Resolved-After further review, the appraisal contains 6 comparables with 2 having gross adjustments over 25%, which is acceptable. - Due Diligence Vendor-XXXX <br>Open-Comp 2 and Comp 4 gross adjustments exceed 25% - Due Diligence Vendor-XXXX |  | Resolved-After further review, the appraisal contains 6 comparables with 2 having gross adjustments over 25%, which is acceptable. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.59 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8425849 |
| XXXX | XXXX | 4350120291 | XXXX | XXXX D B A C | Closed | FCRE1202 | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Third Party Fraud Report Partially Provided Missing XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.59 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8426903 |
| XXXX | XXXX | 4350120291 | XXXX | XXXX D B A C | Closed | FCRE1253 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Property Tax Cert | Resolved-Received Property Documentation. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-XXXXreet-Missing property docs - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Property Documentation. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.59 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8428959 |
| XXXX | XXXX | 4350120291 | XXXX | XXXX D B A C | Closed | FCRE8201 | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding to allow the XXXX NSF's- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. the enclosed exception does show as approved... - Seller-XXXX <br> Open-Exception for borrower party to foreclosure lawsuit<br> Exception for private VOR<br> Exception for XXXX NSF - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. the enclosed exception does show as approved... - Seller-XXXX<br>| Waived-Client waiver applied to non-material finding to allow the XXXX's- - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.59 | Monthly reserves is verified AND at least4 months more than guideline minimum<br> FICO higher than 740, AND at least 20 points higher than guideline minimum<br> Qualifying DTI less than 35%, AND at least 10%lessthan guideline maximum<br> Borrower has verified residual income (disposable income) of at least XXXX per month | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | 8427852 |
| XXXX | XXXX | 4350120283 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 37.13<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 733<br>LTV is less than guideline maximum - Required is 90 Borrower has 80 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8441448 |
| XXXX | XXXX | 4350120302 | XXXX | XXXX D A C | Closed | finding-47 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <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 third 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 ROR expiration date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.27<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 8.14 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8506199 |
| XXXX | XXXX | 4350120302 | XXXX | XXXX D A C | Closed | FCRE8611 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Received CPA letter confirming business phone number not required to be public. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. The business phone number is not required for this type of business - Seller-XXXX <br>Counter-Received SOS. Missing internet validation of business phone number. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing business number search, business phone number must be verifiable via XXXX Search, XXXX or internet. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. The business phone number is not required for this type of business - Seller-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received CPA letter confirming business phone number not required to be public. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.27<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 8.14 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8537487 |
| XXXX | XXXX | 4350120302 | XXXX | XXXX D A C | Closed | FCOM1263 | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Right of Rescission is Partially Provided | Resolved-Right of Rescission is Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Right of Rescission is Partially Provided -----Right of Recission is provided for Borrower 2, but missing for Borrower 1. Please provide ROR for Borrower 1. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Right of Rescission is Provided - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.27<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 8.14 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8509557 |
| XXXX | XXXX | 4350120302 | XXXX | XXXX D A C | Closed | finding-3617 | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | TRID Initial Closing Disclosure Date and Funding Date Validation Test | Resolved-Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. -----Final CD shows disbursement date of XXXX, but closing date is XXXX. Provide evidence the loan did not disburse prior to closing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.27<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 8.14 |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8506200 |
| XXXX | XXXX | 4350120292 | XXXX | XXXX C B A | Closed | FPRO9999 | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Condo project has pending litigation | Resolved-After further review- condo litigation involving a unit owner, he experienced water infiltration with other related claims. Condo association completed a full roof replacement- Insurance company to settle with Plaintiff for XXXXK give or take. This litigation does not involve our subject and the insurance company is handling and will be settling. No other structural or health related issues- condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. requested docs enclosed - Seller-XXXX <br>Counter-Provide 1.Reason for lawsuit? 2. Is it against the HOA or is the HOA filing the lawsuit? 3. Is it major or minor in nature? 4. Does it relate to safety, structural or functionality of the complex or the subject unit? (Lawsuit appears to have legal council and HOA insurance is covering claim) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. exception from XXXX (investor) - Seller-XXXX <br>Open-Reason for lawsuit is unknown<br> Is it against the HOA or is the HOA filing the lawsuit - appears to be against the HOA<br> It is major or minor in nature - unable to determine<br> Does it relate to safety, structural or functionality, NOT JUST the subject unit - unable to determine<br> Amount of lawsuit XXXX<br> Does the file contain a letter from an attn. or HOA stating lawsuit is covered by Insurance Yes, pg 417 has email from attorney. Email states: "This will be closed and the carrier and insured are settling with the plaintiff for XXXX<br> give or take. We ordered the loss runs and hope they reflect a closed suit." - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. requested docs enclosed - Seller-XXXX <br>Ready for Review-Document Uploaded. exception from XXXX (investor) - Seller-XXXX<br>| Resolved-After further review- condo litigation involving a unit owner, he experienced water infiltration with other related claims. Condo association completed a full roof replacement- Insurance company to settle with Plaintiff for XXXXK give or take. This litigation does not involve our subject and the insurance company is handling and will be settling. No other structural or health related issues- condition resolved. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months reserves required, borrower has 38 months. <br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 740 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8585314 |
| XXXX | XXXX | 4350120292 | XXXX | XXXX C B A | Closed | FCRE1200 | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator waiver provided for non-material finding with compensating factors- to allow the loan amount of XXXXK which is less than the Min loan amount allowed of XXXXK - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. loan amount exception - Seller-XXXX <br>Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of XXXX000 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. loan amount exception - Seller-XXXX<br>| Waived-Originator waiver provided for non-material finding with compensating factors- to allow the loan amount of XXXXK which is less than the Min loan amount allowed of XXXXK - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months reserves required, borrower has 38 months. <br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 740 | Reserves are greater than 4 months more than guideline min needed<br> Housing payment history is 0x30x24<br> Borrower is experienced investor of over 2 years<br> FICO is 740 and above min requirement | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8551954 |
| XXXX | XXXX | 4350120292 | XXXX | XXXX C B A | Closed | FCRE1194 | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXXX <br>Open-EXCEPTION in file for non-warrantable condo for 75% LTV; DSCR is .842 - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 3 months reserves required, borrower has 38 months. <br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 740 | FICO 20 points or more above requirement<br> Reserves 12+ months more than requirement<br> Long Term Homeownership (>5years) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8551955 |
| XXXX | XXXX | 4350120294 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing ----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - Required is 80 Borrower has 70<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 737 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8593899 |
| XXXX | XXXX | 4350120295 | XXXX | XXXX A |  |  | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA |  |  |  |
| XXXX | XXXX | 4350120293 | XXXX | XXXX B A | Closed | FCOM1353 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----Originator waiver applied to non-material findings. - Due Diligence Vendor-XXXX |  | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----Originator waiver applied to non-material findings. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 35.38<br>LTV is less than guideline maximum - Required is 75 Borrower has 66.67<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 685 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8594959 |
| XXXX | XXXX | 4350120293 | XXXX | XXXX B A | Closed | FCOM5135 | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 35.38<br>LTV is less than guideline maximum - Required is 75 Borrower has 66.67<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 685 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8592591 |

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## Exhibit 99.8

**Exhibit 99.8**

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | XXXX | 4350120268 | XXXX | XXXX | XXXX D B A |
| XXXX | XXXX | 4350120267 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350120266 | XXXX | XXXX | XXXX C B A |
| XXXX | XXXX | 4350120305 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120275 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350120304 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120306 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350120297 | XXXX | XXXX | XXXX D B A |
| XXXX | XXXX | 4350120298 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350120300 | XXXX | XXXX | XXXX C B A |
| XXXX | XXXX | 4350120271 | XXXX | XXXX | XXXX D C A B |
| XXXX | XXXX | 4350120299 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120301 | XXXX | XXXX | XXXX A C B |
| XXXX | XXXX | 4350120265 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120288 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350120262 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350120270 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120272 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350120287 | XXXX | XXXX | XXXX D C A B |
| XXXX | XXXX | 4350120269 | XXXX | XXXX | XXXX D C A B |
| XXXX | XXXX | 4350120264 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120276 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120286 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120284 | XXXX | XXXX | XXXX C B A |
| XXXX | XXXX | 4350120278 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120289 | XXXX | XXXX | XXXX A C B |
| XXXX | XXXX | 4350120282 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120273 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120281 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120279 | XXXX | XXXX | XXXX D C A B |
| XXXX | XXXX | 4350120280 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350120277 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX D B A |
| XXXX | XXXX | 4350120285 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350120296 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350120274 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120290 | XXXX | XXXX | XXXX A C |
| XXXX | XXXX | 4350120291 | XXXX | XXXX | XXXX D A C B |
| XXXX | XXXX | 4350120283 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120302 | XXXX | XXXX | XXXX C D A |
| XXXX | XXXX | 4350120292 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350120294 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350120295 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350120293 | XXXX | XXXX | XXXX A B |

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## Exhibit 99.9

**Exhibit 99.9**

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | XXXX | XXXX | no other liens |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per initial application |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Borrower 1 Ethnicity - I do not wish to provide this information | the1003Page | XXXX | XXXX | per 1003 |
| XXXX | XXXX | 4350120292 | XXXX | XXXX | XXXX | Borrower 1 Ethnicity - I do not wish to provide this information | the1003Page | XXXX | XXXX | per final 1003 |
| XXXX | XXXX | 4350120268 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120297 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | per note |
| XXXX | XXXX | 4350120302 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120288 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | per note |
| XXXX | XXXX | 4350120302 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120294 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120293 | XXXX | XXXX | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Borrower 1 Race - I do not wish to provide this information | the1003Page | XXXX | XXXX | per 1003 |
| XXXX | XXXX | 4350120292 | XXXX | XXXX | XXXX | Borrower 1 Race - I do not wish to provide this information | the1003Page | XXXX | XXXX | per final 1003 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Borrower 1 Sex - I do not wish to provide this information | the1003Page | XXXX | XXXX | per 1003 |
| XXXX | XXXX | 4350120306 | XXXX | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per cd |
| XXXX | XXXX | 4350120300 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120271 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120299 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | per CD |
| XXXX | XXXX | 4350120270 | XXXX | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per final closing disclosure |
| XXXX | XXXX | 4350120272 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | per cd |
| XXXX | XXXX | 4350120276 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120285 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120295 | XXXX | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per CD |
| XXXX | XXXX | 4350120268 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120267 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per CD |
| XXXX | XXXX | 4350120266 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Audit captured the Closing Date, not Funding Date. |
| XXXX | XXXX | 4350120275 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120306 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per cd |
| XXXX | XXXX | 4350120297 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120298 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120300 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120271 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120299 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per CD |
| XXXX | XXXX | 4350120301 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per final cd |
| XXXX | XXXX | 4350120265 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350120288 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final Post CD |
| XXXX | XXXX | 4350120270 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Final CD/Settlement Statement |
| XXXX | XXXX | 4350120272 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per cd |
| XXXX | XXXX | 4350120287 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120269 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120276 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120284 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per pccd |
| XXXX | XXXX | 4350120278 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final and PCCD |
| XXXX | XXXX | 4350120289 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | PER FINAL CD |
| XXXX | XXXX | 4350120282 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | PER PCCD |
| XXXX | XXXX | 4350120273 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120281 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350120279 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | PER PCCD |
| XXXX | XXXX | 4350120280 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350120277 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final cd |
| XXXX | XXXX | 4350120285 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final cd |
| XXXX | XXXX | 4350120274 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Final Cd and PCCD |
| XXXX | XXXX | 4350120283 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120302 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120294 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350120295 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per CD |
| XXXX | XXXX | 4350120293 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350120262 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Per 1008 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Per 1008 |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXXX | XXXX | Per schedule of REO. |
| XXXX | XXXX | 4350120292 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXXX | XXXX | Per credit report |
| XXXX | XXXX | 4350120272 | XXXX | XXXX | XXXX | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Per Appraisal |
| XXXX | XXXX | 4350120265 | XXXX | XXXX | XXXX | Property Zip Code | notePage | XXXX | XXXX | Per note |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX | Qualifying FICO | creditLiabilitiesPage | 727 | 702 | Per credit report |
| XXXX | XXXX | 4350120299 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 37.42 | 27.52 | Audit DTI variance due to REO 3B net-rental income |
| XXXX | XXXX | 4350120296 | XXXX | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 24.23 | 28.51 | Due to variance initial vs qualifying payment |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | Subject Property Gross Rental income | businessPurposePage | XXXX | XXXX | per appraisal |

---

## Exhibit 99.10

**Exhibit 99.10**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | 4350120268 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 33.14 | 33.14 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120267 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120266 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 69.79 | 69.79 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120305 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.26 | 74.26 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350120275 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120304 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.39 | 69.39 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120306 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120297 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120298 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 40.3 | 40.3 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120300 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120271 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 54.99 | 54.99 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120299 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55.48 | 55.48 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120301 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55 | 55 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120265 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 68.29 | 68.29 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120288 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 58.95 | 58.95 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120262 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120263 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0.0235 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0235 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120270 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120272 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120287 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120269 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120264 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | XXXX | 4350120276 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 36.36 | 36.36 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350120286 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | XXXX | 4350120284 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55.21 | 55.21 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120278 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60.11 | 60.11 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120289 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120282 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 64.58 | 64.58 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120273 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.39 | 59.39 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120281 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | XXXX | 4350120279 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 72.89 | 72.89 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120280 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120277 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.2 | 59.2 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120303 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120285 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 32.15 | 32.15 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120296 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120274 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 59.6 | 59.6 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120290 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 58.89 | 58.89 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXXX |
| XXXX | XXXX | 4350120291 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120283 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120302 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 62.27 | 62.27 | XXXX | XXXX | -0.0636 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0636 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120292 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 74.79 | 74.79 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120294 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120295 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 58.95 | 58.95 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350120293 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |

---

## Exhibit 99.11

**Exhibit 99.11**

![](ex9911001.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 newly originated residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC through a bulk purchase. The review included a total of 12 newly originated residential mortgage loans, in connection with the securitization identified as COLT 2026-4 (the "Securitization"). The Review was conducted from March 2026 through April 2026 on mortgage loans originated between January 2026 and April 2026.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

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

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

● 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:

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

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

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

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

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

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

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (12 loans in total):

Zero (0) loans had Secondary Appraisal, zero (0) loans had an AVM, and ten (10) loans had Desktop Reviews. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

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

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

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the twelve (12) mortgage loans reviewed, eight (8) unique mortgage loans (66.67% by loan count) had a total of fourteen (14) discrepancies across nine (9) 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 Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;CASH OUT AMOUNT | &nbsp;&nbsp;4 | &nbsp;&nbsp;28.57% |
| &nbsp;&nbsp;PRE-REHAB SQ FT | &nbsp;&nbsp;2 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;MOST RECENT PROPERTY VALUATION DATE | &nbsp;&nbsp;2 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;ORIGINAL CREDIT SCORE MEDIAN | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;ORIGINAL CREDIT REPORT DATE | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;City | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;PITIA | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;TAXES | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;10 | &nbsp;&nbsp;$4571150.00 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;2 | &nbsp;&nbsp;$817500.00 | &nbsp;&nbsp;16.67% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;12 | &nbsp;&nbsp;$5388650.00 | &nbsp;&nbsp;100.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;11 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Compliance Results: (As applicable, 10 loans within population did not receive a Compliance Review)** | &nbsp;&nbsp;**Compliance Results: (As applicable, 10 loans within population did not receive a Compliance Review)** | &nbsp;&nbsp;**Compliance Results: (As applicable, 10 loans within population did not receive a Compliance Review)** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;11 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (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;CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;BACKGROUND CHECK MISSING OR DEFECTIVE | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;DATA TAPE MISSING OR DEFECTIVE | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;LOAN AGREEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;TAX CERTIFICATE MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;TITLE INSURANCE MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;GUARANTOR IDENTIFICATION MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;SUBJECT PROPERTY LEASE - MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;CLOSING DOCUMENTATION MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;MARKET RENT - MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;RELEASE OF LIEN/SUBORDINATION AGREEMENT/SATISFACTION MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;**25** |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;DSCR Minimum Not Met | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;**2** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &nbsp;&nbsp;2 |
| &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;**3** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Property/Appraisal General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;APPRAISAL REVIEW - MISSING | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;HAZARD INSURANCE MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;**7** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;APPRAISAL MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;**1** |

---

**Event Grade Definitions**

---

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

---

---

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

---

---

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

---

---

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

---

## Exhibit 99.12

**Exhibit 99.12**

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

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal 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** |
| XXXX | 4350120314 | XXXX | XXXX | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120311 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | 4350120307 | XXXX | XXXX | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| XXXX | 4350120313 | XXXX | XXXX | XXXX D | B | B | B | B | B C D A | A | A | A | A | A |
| XXXX | 4350120308 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120312 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120309 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120310 | XXXX | XXXX | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120315 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A C D | N/A | N/A | N/A | N/A | N/A B |

---

## Exhibit 99.13

**Exhibit 99.13**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **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** |
| XXXX | 4350120314 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120311 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120307 | XXXX | XXXX | XXXX | XXXX | XXXX | $0.00 | XXXX | XXXX | 1004 | XXXX | 85.00% | 85.00% | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| XXXX | 4350120313 | XXXX | XXXX | XXXX | XXXX | XXXX | $0.00 | XXXX | XXXX | 1004 | XXXX | 57.54% | 57.54% | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.7 |  |
| XXXX | 4350120308 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 65.00% | 65.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120312 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120309 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120310 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 63.99% | 63.99% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120315 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 68.44% | 68.44% | XXXX | $0.00 | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |

---

## Exhibit 99.14

**Exhibit 99.14**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **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)** |
| XXXX | 4350120314 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | No Credit Findings | The loan meets all applicable guides |  |  |  |  | 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 |
| XXXX | 4350120311 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Acknowledged | XXXX | Credit | Excessive LTV Ratio | 75% LTV > 70% Max LTV for a loan with DSCR < 1. UW approval in file | XXXX: Waived | XXXX | XXXX: UW waived per loan file | 04/17/2026 | 760 FICO, Experienced Investor, Clean Housing History 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 |
| XXXX | 4350120311 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Acknowledged | XXXX | Credit | DSCR Minimum Not Met | 0.76 DSCR < 0.80 Minimum DSCR Required | XXXX: Waived | XXXX | XXXX: Waived | 04/20/2026 | Experienced Investor, 760 FICO, 0 mtg lates 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 |
| XXXX | 4350120307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. | No open finding, please clear this open finding or provide clarification. Thank you! | XXXX | Informational | 03/25/2026 | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350120307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. | No finding to clear, please clear this open finding or provide clarification. Thank you! | XXXX | Informational | 03/25/2026 | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350120307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Charges That Cannot Increase Test | TILA 130b Cure Required. Refund in the amount of XXXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $XXXX is due to increase from $XXXX on the LE dated XXXX to $XXXX on the final CD dated XXXX for the loan discount points. No COC or pricing/lock confirmations were provided. 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 XXXX.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). | Document Uploaded. | XXXX | Valid COC received - exception resolved; Valid COC received - exception resolved | 03/23/2026 | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350120307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates. | Document Uploaded. | XXXX | Required Affiliated Business Disclosure Documentation Provided | 03/23/2026 | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350120313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | XXXX | Resolved | XXXX | Property | Property/Appraisal General | Property/Appraisal guideline violation: The XXXX identify rural properties as an ineligible property type. The subject property is located in a rural area per the appraisal and does not meet the property eligibility requirements. The subject property is therefore ineligible. | This should have been reviewed as an XXXX. I am not sure if the tape was incorrect at the time of upload. Can you please revisit / review as XXXX. Thank you! | XXXX | Property/Appraisal Meets Guidelines | 04/22/2026 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 740 is greater than Guideline minimum FICO of 700.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.54% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 32.43% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.54% is less than Guideline LTV of 80%<br>Borrower has stable job time - Borrower has 23.64 years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| XXXX | 4350120313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing. The loan file includes the Borrower's active XXXX license, confirming individual authorization to practice. However, professional licensure does not verify the legal status of the entity (XXXX). Please provide a Third-Party Verification that the Business is in existence, in good standing and active as required per XXXX | Document Uploaded. | XXXX | Borrower 1 3rd Party VOE Prior to Close Was Provided. | 04/22/2026 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 740 is greater than Guideline minimum FICO of 700.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.54% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 32.43% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.54% is less than Guideline LTV of 80%<br>Borrower has stable job time - Borrower has 23.64 years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| XXXX | 4350120313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates. | Document Uploaded. | XXXX | Affiliated attestation provided; Exception resolved; Required Affiliated Business Disclosure Documentation Provided. | 04/22/2026 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 740 is greater than Guideline minimum FICO of 700.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.54% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 32.43% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.54% is less than Guideline LTV of 80%<br>Borrower has stable job time - Borrower has 23.64 years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| XXXX | 4350120308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 02/18/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE. | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 02/18/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | RELEASE OF LIEN/SUBORDINATION AGREEMENT/SATISFACTION MISSING OR DEFECTIVE | MISSING EVIDENCE OF SATISFACTION OR RELEASE : TO SATISFY SCHEDULE B ITEM NO. 9 IN PROVIDED TITLE COMMITMENT | UPLOADED | XXXX | XXXX/XXXX: RECEIVED EMAIL FROM LAW FIRM STATING ITEMS 8 AND 9 ARE TO BE REMOVED. | 02/19/2026 | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM INSURANCE REQUIRED | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 02/18/2026 | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120309 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/17/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/11/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | TAX CERTIFICATE MISSING OR DEFECTIVE | MISSING TAX CERTIFICATE | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/11/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/11/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | TITLE INSURANCE MISSING OR DEFECTIVE | MISSING TITLE INSURANCE | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/11/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120310 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | VERIFICATION OR MORTGAGE MISSING OR DEFECTIVE | VOM OMITS THE NUMBER OF LATE PAYMENTS | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | 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 |
| XXXX | 4350120315 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/20/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | DATA TAPE MISSING OR DEFECTIVE | DSCR DISCREPANCY: DATA TAPE REFLECST ANNUAL TAXES OF $XXXX; TITLE COMMITMENT REFLECTS ANNUAL TAXES OF $XXXX | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | BACKGROUND CHECK MISSING OR DEFECTIVE | MISSING BACKGROUND CHECK FOR BOTH GUARANTORS: XXXX AND XXXX | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/31/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120309 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/26/2023 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | DATA TAPE MISSING OR DEFECTIVE | DSCR DISCREPANCY: DATA TAPE REFLECST ANNUAL TAXES OF $XXXX; TITLE COMMITMENT REFLECTS ANNUAL TAXES OF $XXXX | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 04/01/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE WITH LIFE OF LOAN DETERMINATION | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE WITH LIFE OF LOAN DETERMINATION | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | BACKGROUND CHECK MISSING OR DEFECTIVE | MISSING BACKGROUND CHECK FOR BOTH GUARANTORS: XXXX AND XXXX | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/31/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 04/01/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | HAZARD INSURANCE MISSING OR DEFECTIVE | HAZARD INSURANCE RELFECTS XXXX XXXX AS THE INSURED; POLICY SHOULD REFLECT THE BORROWING ENTITY AS THE INSURED OR ADDITIONAL INSURED | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | MARKET RENT - MISSING OR DEFECTIVE | THE LEASE CONTAINS A UNIT RENTAL RATE THAT IS NOT CONSISTENT WITH RATES AND TERMS PREVAILING IN THE LOCAL MARKET WHERE THE PROPERTY IS LOCATED; APPRAISAL REFLECTS MARKET RENT OF $XXXX; LEASE REFLECTS A ACUTUAL RENT OF $XXXX | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Review Complete | Loan Review Complete | XXXX | Acknowledged | XXXX | Property | APPRAISAL MISSING OR DEFECTIVE | APPRAISAL CONTAINS 1 COMPARABLE WITH AN ADU. GUIDELINES REQUIRE MULTIPLE COMPARABLES | XXXX/XXXX: EXCEPTION APPROVAL | XXXX | XXXX/XXXX: EXCEPTION APPROVAL IN FILE | 03/27/2026 | FICO, Experience, Leverage D B A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | SUBJECT PROPERTY LEASE - MISSING OR DEFECTIVE | LEASE OMITS THE EFFECTIVE MONTH IN THE LEASE TERM; LEASE TERM REFLECTS "XXXX" | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/27/2026 | D B C A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | GUARANTOR IDENTIFICATION MISSING OR DEFECTIVE | MISSING ACCEPTABLE DOCUMENTATION TO VERIFY THE BORROWER WAS EMPLOYED IN FOR THE PAST 24 MONTHS; LOAN FILE CONTAINS TAX RETURNS FOR 2023-2024; MISSING EMPLOYMENT VERFICATION FOR 2025 | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 03/30/2026 | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 04/13/2026 | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350120316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | CLOSING DOCUMENTATION MISSING OR DEFECTIVE | MISSING ACH AUTHORIZATION FORM | UPLOADED | XXXX | XXXX/XXXX: RECEIVED | 04/23/2026 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.15

**Exhibit 99.15**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350120314 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350120311 |  | Origination Date | XXXX | XXXX | Note reflects XXXX |
| XXXX | 4350120308 |  | CASH OUT AMOUNT | XXXX | XXXX |  |
| XXXX | 4350120312 |  | MOST RECENT PROPERTY VALUATION DATE | XXXX | XXXX |  |
| XXXX | 4350120312 |  | TAXES | XXXX | XXXX |  |
| XXXX | 4350120312 |  | PITIA | XXXX | XXXX |  |
| XXXX | 4350120310 |  | PRE-REHAB SQ FT | XXXX | XXXX |  |
| XXXX | 4350120310 |  | ORIGINAL CREDIT REPORT DATE | XXXX | XXXX |  |
| XXXX | 4350120310 |  | ORIGINAL CREDIT SCORE MEDIAN | 723 | 759 |  |
| XXXX | 4350120310 |  | CASH OUT AMOUNT | XXXX | XXXX |  |
| XXXX | 4350120315 |  | CASH OUT AMOUNT | XXXX | XXXX |  |
| XXXX | 4350120316 |  | CASH OUT AMOUNT | XXXX | XXXX |  |
| XXXX | 4350120317 |  | MOST RECENT PROPERTY VALUATION DATE | XXXX | XXXX |  |
| XXXX | 4350120317 |  | PRE-REHAB SQ FT | XXXX | XXXX |  |

---

## Exhibit 99.16

**Exhibit 99.16**

![](ex9916001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**

Executive Summary

COLT 2026-4

Dated: April 27, 2026

**290 S Preston Road \| Suite 370 \| Prosper, TX 75078**<br>**P: 888.892.1843 \| evolvemortgageservices.com**<br>

![](ex9916002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview** 

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

**Sample size and criteria.**

The final population of the Review covered 2 Business Purpose Loans totaling an original principal balance of approximately $766,500.00. Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population.

**Determination of the sample size and computation.**

The Review was conducted consistent with the criteria for Fitch Ratings, Inc. ("Fitch"), the NRSRO identified in Item 3 of the ABS Due Diligence-15E.

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

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

---

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

---

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|:---|:---|:---|
| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 1 \| P a g e |

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Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 2 \| P a g e |

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Forward Thinking. Seamless Solutions.

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

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

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

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

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

If a report was present, Evolve reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, Evolve

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| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 3 \| P a g e |

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Forward Thinking. Seamless Solutions.

confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

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

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

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

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

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

Evolve's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. Evolve's review included verifying the appraisal report was (i) on the appropriate GSE form (for the Residential Population), (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser (for residential properties) that was actively licensed to perform the valuation, (v) completed, for residential properties, such that the named client on the appraisal report is the lender or a related entity that is permitted to

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Forward Thinking. Seamless Solutions.

engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guideline requirements, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

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

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

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|:---|:---|:---|
| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 5 \| P a g e |

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Forward Thinking. Seamless Solutions.

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**Compliance Results Summary**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Credit Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

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|:---|:---|:---|
| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 6 \| P a g e |

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Forward Thinking. Seamless Solutions.

**Overall Results Summary**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Data Results Summary**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Self-Employment Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |

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| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 7 \| P a g e |

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Forward Thinking. Seamless Solutions.

**APPENDIX A**

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

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

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

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| ![](ex9916003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 8 \| P a g e |

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Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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|:---|:---|:---|
| | 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; |
| b) | <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> | <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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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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> 

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 <br> viii) confirm the presence of the Initial Escrow Disclosure Statement in the loan file and proper timing.

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

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

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

**(VI) Document Review**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Note;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Appraisal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Sales
 contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Title/Preliminary
 Title;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Initial
 TIL;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final
 TIL;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final
 HUD-1;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Right
 of Rescission Disclosure;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Mortgage
 Insurance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Tangible
 Net Benefit Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ FACTA
 disclosures; and

&nbsp;&nbsp;&nbsp;&nbsp;&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>**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

If a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, Evolve reviews the loan to determine whether, based on available information in the loan file the loan satisfied

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(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, Evolve then determines whether the loan is a Safe Harbor QM or Higher Priced QM by comparing the loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage.

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

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

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

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

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

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

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information contained in the loan file at the time it is provided to Evolve to review, and only reflects information as of that point in time.

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

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

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

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

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

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

**(XI) FIRREA Review**

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

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

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Evolve implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Evolve worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While Evolve continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. Evolve has worked closely with the NRSRO and Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per Evolve's suggested review implementation as reviewed by outside

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counsel; however, no assurances can be provided and/or are given that Evolve has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by Evolve will result in the potential level of risk indicated by an Event Level or NRSRO grade.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XIII) Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Loan
 Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Closing
 Disclosures; and

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

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## Exhibit 99.17

**Exhibit 99.17**

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

![](ex99_002.gif)

**Rating Agency Grades**

**Run Date - 04/27/2026 12:36:00 PM**

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| XXXX | XXXX | XXXX | 4350120319 | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | XXXX | 4350120320 | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |

---

## Exhibit 99.18

**Exhibit 99.18**

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

![](ex99_002.gif)

**Exception Detail**

**Run Date - 04/27/2026 12:36:00 PM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **3Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | 4350120319 | XXXX | XXXX | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | No one entity may own more than 20% of the units in a project. Approval in file to allow a single entity owns 49% of the condo complex. |  | Client waived with compensating factors: Experienced investor, mortgages paid as agreed, borrower has owned property for 3 years, borrower has been self-employed for 24 years, 39 months reserve when 6 months required, 63% LTV when max allowed is 70%, 700 FICO when minimum requirement is 640. |  |  |  | 02/09/2026 B | 2 | XXXX | XXXX | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| XXXX | XXXX | XXXX | 4350120320 | XXXX | XXXX | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | High rise condo was noted in pre-approval and Sr. Management approved. |  | Client Waived with Compensating Factors:138.05 months reserves when only 3 months required,736 fico score where the minimum required is 680, LTV of 65% where the max allowed is 75%, | Reviewer 04/03/2026 09:41 AM; <br>|  |  | 04/03/2026 B | 2 | XXXX | XXXX | 3 | 1 C B A | N/A | N/A C B |  | Exempt | 1 |

---

## Exhibit 99.19

**Exhibit 99.19**

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

![](ex99_002.gif)

**Valuation Report**

**Run Date - 04/27/2026 12:36:00 PM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | 4350120319 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350120320 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX a | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.20

**Exhibit 99.20**

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

![](ex99_002.gif)

**Data Compare**

**Run Date - 04/27/2026 12:36:00 PM**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| XXXX | XXXX | XXXX | 4350120319 | Doc Type | FullDocumentation | Bank Statement | Verified with Approval |
| XXXX | XXXX | XXXX | 4350120319 | First Payment Date | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350120319 | Maturity Date | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350120319 | Property Zip | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350120320 | Doc Type | Alternative | Debt Service Coverage | dscr used to qualify |
| XXXX | XXXX | XXXX | 4350120320 | Property Type | HighRiseCondominium | Condo Hotel |  |
| XXXX | XXXX | XXXX | 4350120320 | Property Zip | XXXX | XXXX | Original data is correct & represented in CLDD |
| XXXX | XXXX | XXXX | 4350120320 | Self-Employment Flag |  | N | dscr used to qualify |

---

## Exhibit 99.21

**Exhibit 99.21**

EXECUTIVE SUMMARY

COLT 2026-4

**Overview**

Maxwell Diligence Solutions, LLC ("MaxDiligence"), a third-party diligence provider, performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC (the "Client").

The Review was conducted from March 2026 to May 2026 on mortgage loans (the "Loans") originated from December 2025 to April 2026.

The review consisted of 100% of the population of 130 loans with an original loan balance of $75,508,853.00.

**Scope of Review**

**Credit**

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

The credit review included the following (collectively, the "Credit Review"):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check
 application for completeness. Determine whether the information in the preliminary Loan
 application, final application, and all credit documents is consistent or reconciled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate
 Social Security/Taxpayer Identification number is valid

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is complete, signed, dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting
 decision is supported (manual underwrite credit conditions have been satisfied prior
 to closing the approved Loan package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation
 of income calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation
 of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation
 of debt-to-income ratio ("DTI") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation
 of debt service coverage ratio ("DSCR") calculations

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation
 of payment shock calculations if applicable

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. DSCR
 Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 of hazard coverage and verification that sufficient coverage was in place on subject
 and all premiums were included in DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage
 insurance certificate was in file, if applicable, and coverage was sufficient, and premium
 was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 of rental income and/or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy
 is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy
 red flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Reverification of Borrower Original and Audit Credit Report</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate
 names, social security number(s), and addresses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. "Doing
 business as" or "also known as" names investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable
 credit history and credit score requirements in conformance with applicable guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms
 OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals
 any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete
 forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate
 history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 employment and income by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s
 and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts
 (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax
 Returns and Profit and Loss Statements, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank
 Statements or other Alternate Income documents as required by the guidelines

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing
 Employment, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rental
 Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 rental income or DSCR by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Leases,
 proof of rent received, 3rd party market rent validation, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Proof
 of short-term rents received, as per guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Assets

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient
 funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift
 funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate
 in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient
 Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium
 indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

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

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

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

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

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures and NMLS identifiers

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing
 Disclosure or Settlement Statements

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 and prior to October 1, 2022 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z of the Truth in Lending Act, as amended. Effective October 1, 2022, loans with application dates on or after such date must comply with the General QM Final Rule, as well as the ATR rule. For these Loans, MaxDiligence will (a) confirm that the creditor provided a QM designation and (b) review the Loan for the eight (8) underwriting factors set forth Section 12(E).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence
 reviewed each mortgage loan to determine each mortgage loan's status under the
 QM and ATR rule requirements and assign a QM and ATR designation as determined by MaxDiligence.
 MaxDiligence will note as a material exception if its QM and ATR designations do not
 confirm to the originator's original QM and ATR designations. Additionally, MaxDiligence
 will note if an originator's mortgage loan designation was not provided. MaxDiligence
 shall use the following designations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. MaxDiligence
 utilizes the following QM designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) QM
 Safe-Harbor (also known as General QM)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) QM
 Rebuttal Presumption (including Higher-priced loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Temporary
 QM (for all applications prior to October 1, 2022)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Non-QM

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. MaxDiligence
 utilizes the following ATR designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) ATR
 Compliant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) ATR
 Fail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) ATR
 Exempt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In
 order to determine the QM designation, as applicable, MaxDiligence will review each Loan
 for the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Use
 of any risky mortgage loan features and terms (e.g. an interest only feature or negative
 amortization);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Do
 the "points and fees" exceed the applicable QM threshold;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Was
 monthly payment calculated appropriately;

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Did
 the creditor considered and verify income or assets at or before consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Did
 the creditor appropriately considered debt obligations, alimony and child support;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. For
 mortgage loan applications prior to October 1, 2022, if the DTI ratio exceeded 43% (calculated
 in accordance with Appendix Q to Regulation Z).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. For
 mortgage loan applications on and after October 1, 2022, for which the annual percentage
 rate does not exceed the average prime offer rate for a comparable transaction as of
 the date the interest rate is set by the amounts specified based on loan amount (adjusted
 annually on January 1 by the annual percentage change in the Consumer Price Index for
 All Urban Consumers (CPI-U) that was reported on the preceding June 1) and the lien position
 of the proposed credit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) For
 a first-lien covered transaction with a loan amount greater than or equal to $110,260
 (indexed for inflation), 2.25 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) For
 a first-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation) but less than $110,260 (indexed for inflation), 3.5 or more percentage
 points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) For
 a first-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) For
 a first-lien covered transaction secured by a manufactured home with a loan amount less
 than $110,260 (indexed for inflation), 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) For
 a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) For
 a subordinate-lien covered transaction with a loan amount less than $66,156 (indexed
 for inflation), 6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Upon
 completion of Section 12(B) above, if a Loan is determined to be a QM loan, MaxDiligence
 will determine if the Loan is a Higher-Priced Mortgage Loan ("HPML") as defined
 by 12 CFR 1026.35:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the Loan is HPML, then the Loan shall be designated as QM Rebuttal Presumption (Higher
 Priced);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 the Loan is not an HPML, then the Loan shall be designated as QM Safe Harbor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Upon
 completion of Section 12(B) above, for each Loan that is designated as Non-QM, MaxDiligence
 then will determine whether the mortgage loan complies with the ATR rule, in accordance
 with the Guidelines.

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. MaxDiligence
 will evaluate the Loan for ATR compliance based on the following eight factors and will
 verify such information using reasonably reliable third-party records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets: Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan. Review Loan documentation for required
 level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment:
 Review file documentation for required level of employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans: Ensure that all concurrent Loans were included in the DTI calculation, to properly
 assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations: Validate that the subject Loan's monthly payment calculation includes
 principle, interest, taxes, and insurance, as well as other costs related to the property
 such as homeowners' association fees, private mortgage insurance, ground rental
 fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations: Validate monthly recurring non-mortgage-related liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI
 / Residual Income - Validate DTI or "residual income," based upon all mortgage
 and non-mortgage obligations, calculated as a ratio of gross monthly income, based on
 documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History: Review credit report for credit history and required credit depth, including
 any / all inquiries, and determine a representative credit score from the credit report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Upon
 completion of Section 12(E) above, MaxDiligence will assign an ATR designation.

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence's
 review included a review of the valuation materials utilized during the origination of
 the loan and in confirming the value of the underlying property. MaxDiligence's
 review will include verifying the appraisal report:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

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

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains a transfer letter from the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the mortgage
 loan application; Any revisions, if made known to MaxDiligence, to the original report
 are documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file but notes a variance
 above 10% or an inconclusive value, MaxDiligence recommended a BPO or field review be
 ordered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With
 regard to the use of comparable properties, MaxDiligence's review will (a) reviewed
 the relative comparable data (gross and net adjustments, sale dates and distance from
 subject property) and ensure that such comparable properties are within standard appraisal
 guidelines; (b) confirmed the property value and square footage of the subject property
 was bracketed by comparable properties, (c verified that comparable properties used are
 similar in size, style, and location to the subject, and (d) checked for the reasonableness
 of adjustments when reconciling value between the subject property and comparable properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of MaxDiligence's review included (i) verifying that the address matched
 the mortgage note, ((ii) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
 confirming the appraisal report does not include any apparent environmental problems,
 (iv) confirming the appraisal notes the current use of the property is legal or legal
 non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
 is in average or better condition and any repairs are noted where required and (b) that
 the subject property is the one for which the valuation was ordered and that there are
 no negative external factors; and (vi) confirming that the value product that was used
 as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
more than one valuation was provided, MaxDiligence will confirm consistency among the valuation products and if there are discrepancies
that could not be

![](ex9921001.jpg)

resolved, MaxDiligence will create an exception and work with the client on the next steps which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in MaxDiligence's review result in a variance of more than 10% then the client will be notified of such variance.

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

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

**Compliance Review**

"Compliance Review" means that MaxDiligence reviewed each Loan to determine, as applicable and subject to the limitations below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements, each as amended. A Compliance Review shall not apply to business purpose loans.

The below Compliance Review is applicable to Loans with an application date on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). With regard to TRID testing, MaxDiligence implemented the TRID scope of review as detailed in (i) Section III -Regulatory Compliance of the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. On an ongoing basis, MaxDiligence reviews updated interpretations of TRID through informal guidance provided by the Consumer Financial Protection Bureau ("CFPB"), such CFPB guidance may cause changes in the review scope and severity of TRID related exceptions, including applicable cures. While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
 LE are completed; and (iii) the Initial LE accurately reflects the information provided
 to MaxDiligence

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

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine
 which LE in the file is the "final binding" LE for the purpose of Tolerance
 Testing. A Revised LE that is issued after the CD, or that does not state a valid reason
 will not be used for the purposes of Tolerance Testing. All revised LEs issued to the
 consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm
 initial LE was delivered within three (3) Business Days from the application date, and
 at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 revised LE was delivered within three (3) Business Days from date of the "valid
 reason" giving rise to the Revised LE, and at least four (4) Business Days prior
 to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm
 that certain sections of each LE determined to carry assignee liability were accurately
 completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the CD review and confirm (i) the correct form was used; (ii) all sections of the CD
 are completed; and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 a subsequent CD is issued, confirm (i) that there was a valid reason for the change;
 (ii) that the CD was issued within three (3) days of the change; and (iii) whether the
 reason for the change requires a new 3-day waiting period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 Initial CD, and any subsequent CD with material changes (i.e. changes that require a
 new waiting period), was received at least three (3) Business Days prior to the consummation
 date. With respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below:

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure
 to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure
 to provide the right of rescission notice in a timely manner and to the correct consumer(s);

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure
 to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure
 to provide the three (3) Business Day rescission period; and

![](ex9921001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
 CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total
 of payments are considered accurate as defined by Regulation Z. Confirm Finance Charge
 tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
 changes or errors (per the regulation) were discovered subsequent to closing, (ii) and
 whether the Loan originator followed the prescribed cure. Test for evidence such as a
 copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
 and iii) with respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
 Days after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR
 threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and prohibited acts or practices
 in connection with a high-cost mortgage.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With
 respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan
 Originator Compensation and Steering (§1026.36):

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

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 the presence of the mortgage loan option disclosure and to determine if the Steering
 Safe Harbor provisions were satisfied.

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
 in jurisdictions where it is prohibited.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
 Days of application;

![](ex9921001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
 the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
 loan file or that the mortgage loan file contains documentary evidence that the disclosure
 was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 the Your Home Loan Toolkit /Special Information Booklet was provided within three (3)
 Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm
 the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm
 that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm
 the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm
 the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm
 the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and
 proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm
 that the creditor provided the borrower a list of homeownership counselling organizations
 within three (3) Business Days of application; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging
 of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing
 of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) 
 With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
 confirm that (a) the borrower has signed the waiver or other acknowledgment at least
 three (3) Business Days prior to consummation; and (b) that the lender has provided copies
 of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local
 Predatory Lending:

![](ex9921001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay
 Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>.
 MaxDiligence will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan
 types that are excluded from compliance with TRID.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after
 January 1, 2016, whether prohibited fees were collected prior to the initial LE being
 issued

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

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

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher with 65.38% of the pool receiving an overall "A" grade.

Final Loan Grades

---

| | | |
|:---|:---|:---|
| **Rating Agency Final Overall Grade Summary** | **Rating Agency Final Overall Grade Summary** | **Rating Agency Final Overall Grade Summary** |
| **Overall** | **# of Mortgage <br> Loans** | **% of <br> Mortgage <br> Loans** |
| A | 85 | 65.38% |
| B | 45 | 34.62% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **130** | **100.00%** |
| **Final Credit Grade Summary** | **Final Credit Grade Summary** | **Final Credit Grade Summary** |

---

![](ex9921001.jpg)

---

| | | |
|:---|:---|:---|
| **Credit** | **# of Mortgage<br> Loans** | **% of <br> Mortgage<br> Loans** |
| A | 91 | 70.00% |
| B | 39 | 30.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **130** | **100.00%** |
| **Final Property Grade Summary** | **Final Property Grade Summary** | **Final Property Grade Summary** |
| **Property** | **# of Mortgage<br> Loans** | **% of <br> Mortgage <br> Loans** |
| A | 119 | 91.54% |
| B | 11 | 8.46%% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **130** | **100.00%** |
| **Final Compliance Grade Summary** | **Final Compliance Grade Summary** | **Final Compliance Grade Summary** |
| **Compliance** | **# of Mortgage<br> Loans** | **% of <br> Mortgage <br> Loans** |
| A | 130 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **130** | **100.00%** |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception <br> Level Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Earnest Money Deposit | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &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;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;2 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Borrower 1 Executed 4506-T Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Borrower 1 Tax Returns Not Signed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 2 Executed 4506-T Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 2 Gap Credit Report is Missing | &nbsp;&nbsp;2 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Borrower 2 Tax Returns Not Signed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Cash Deposit | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Condo - HOA Dues | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Corporation/LLC: Certificate of Good Standing Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: EIN Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Missing | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Credit Documentation - Mortgage History | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Final Settlement Statement Missing. | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Fraud Report Shows Uncleared Alerts | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Guideline - Federal and/or State High Cost Ineligible per guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Hazard Insurance Coverage is less than all Subject Lien(s) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;HO-6 Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Income - Comparable Rent Schedule Form 1007 Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;5 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Missing Income - Bank Statements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing letter of explanation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;49 |
| &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property Title Issue | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Purchase Contract - Addendum Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;5 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Title - Ownership Issue | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title Coverage is Less than Subject Lien(s) Total | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Title Document is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title Document is Partially Present | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Trust/POA Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***138*** |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Loan Amount is less than Guideline Minimum Loan Amount | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;12 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit Profile - Mortgage/Rental Lates | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Delinquent Credit History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;DSCR does not meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Citizenship Requirements | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Eligibility - Investor Experience | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Program Parameters - Occupancy | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title Commitment - Other | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Verification Documentation - VOM Missing/Incomplete | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***60*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Purpose is Purchase but Purchase Contract Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Appraisal | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - Documentation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;2 |

---

![](ex9921001.jpg)

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;Value - AVM/BPO/Desk Review did not support Value within -10% | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Value - Field Review Supports Value within 10% | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;111 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***124*** |
| &nbsp;&nbsp;Property &nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal - Miscellaneous | &nbsp;&nbsp;2 |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | | &nbsp;&nbsp;Appraisal - Unsupported adjustments/comps | &nbsp;&nbsp;1 |
| | | &nbsp;&nbsp;Property Issue - Condo Ineligible | &nbsp;&nbsp;1 |
| | | &nbsp;&nbsp;Property Issue - Ineligible Property | &nbsp;&nbsp;1 |
| | | &nbsp;&nbsp;Property Issue - Neighborhood Location | &nbsp;&nbsp;5 |
|  |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***10*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test (50001251) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Collateral Protection Notice is Missing | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Federal - Escrow Account Required (First Lien HPML)(06/2013) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Federal - General Qualified Mortgage Price-Based Limit (First Lien) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Federal - List of Settlement Service Providers Mailed/Delivered Within Three Business Days of Application | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Federal - Section 32 Disclosure Required (High Cost) | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;HighCost: APR/FEES | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Intent to Proceed is Missing or Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Loan Originator NMLS Status is Unknown | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Attorney Preference Letter | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Doc - Homeownership Counseling Disclosure/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Initial Escrow Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Service Provider List | &nbsp;&nbsp;1 |

---

![](ex9921001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Missing Tangible Net Benefit Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing US Patriot Act Disclosure or ID | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Warranty / Transfer Deed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;31 |
| &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;85 |
| &nbsp;&nbsp;PUD Rider is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;The Final 1003 is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Washington - Discount Points | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***137*** |

---

![](ex9921001.jpg)

**Tape Integrity Review Results Summary**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 130 mortgage loans reviewed, 102 unique mortgage loans (by loan count) had a total of 290 different tape discrepancies across 56 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times <br> Compared** | **% Variance** |
| Amortization Term | 2 | 130 | 1.54% |
| Amount of Other Lien | 1 | 130 | 0.77% |
| B1 Country Name | 2 | 130 | 1.54% |
| Borrower 1 Citizen | 17 | 130 | 13.08% |
| Borrower 1 Employer 1 Years in Line of Work | 1 | 130 | 0.77% |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Borrower 1 Ethnicity Visual Observation or Surname | 1 | 130 | 0.77% |
| Borrower 1 FTHB | 2 | 130 | 1.54% |
| Borrower 1 How was title held? | 1 | 130 | 0.77% |
| Borrower 1 Last Name | 9 | 130 | 6.92% |
| Borrower 1 Qualifying Income | 21 | 130 | 16.15% |
| Borrower 1 Self-Employment Flag | 2 | 130 | 1.54% |
| Borrower 1 Years in Current Home | 1 | 130 | 0.77% |
| Borrower 2 Employer 1 Years in Line of Work | 1 | 130 | 0.77% |
| Borrower 2 Years in Current Home | 1 | 130 | 0.77% |
| Calculated DSCR | 24 | 130 | 18.46% |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Final Reviewed QM Status | 15 | 130 | 11.54% |
| Interest Rate | 4 | 130 | 3.08% |
| Is the Condo Project warrantable | 4 | 130 | 3.08% |
| Loan Amount | 4 | 130 | 3.08% |
| Loan Origination Application Date | 1 | 130 | 0.77% |
| Loan Program | 11 | 130 | 8.46% |
| Loan Program Version Name | 1 | 130 | 0.77% |
| Loan Purpose | 5 | 130 | 3.85% |
| Loan Type | 1 | 130 | 0.77% |
| Maturity Date | 1 | 130 | 0.77% |
| Note Date | 2 | 130 | 1.54% |
| Number of Mortgaged Properties | 1 | 130 | 0.77% |
| Occupancy | 1 | 130 | 0.77% |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Prepayment Penalty Calculation | 6 | 130 | 4.62% |
| Prepayment Penalty Flag | 1 | 130 | 0.77% |
| Prepayment Penalty Total Term | 1 | 130 | 0.77% |
| Primary Appraised Property Value | 2 | 130 | 1.54% |
| Property Type | 19 | 130 | 14.62% |
| Proposed First Mortgage P&I | 2 | 130 | 1.54% |
| Proposed Hazard Insurance | 1 | 130 | 0.77% |
| Proposed HOA | 2 | 130 | 1.54% |
| Proposed Housing Expense | 2 | 130 | 1.54% |
| Proposed Mortgage Insurance | 2 | 130 | 1.54% |
| Proposed Other | 2 | 130 | 1.54% |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Proposed Other Financing P&I | 2 | 130 | 1.54% |
| Proposed Real Estate Taxes | 2 | 130 | 1.54% |
| Qualifying Amortization Term | 1 | 130 | 0.77% |
| Qualifying CLTV | 2 | 130 | 1.54% |
| Qualifying FICO | 6 | 130 | 4.62% |
| Qualifying LTV | 2 | 130 | 1.54% |
| Qualifying Total Debt Income Ratio | 18 | 130 | 13.85% |
| Qualifying Total Reserves Number of Months | 1 | 130 | 0.77% |
| Refinance Type | 2 | 130 | 1.54% |
| Reviewed Appraised Property Value | 42 | 130 | 32.31% |
| Reviewed Total Debt Income Ratio | 1 | 130 | 0.77% |

---

![](ex9921001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| Term | 5 | 130 | 3.85% |
| Underwriting Guideline Name | 1 | 130 | 0.77% |
| Underwriting Guideline Product Name | 17 | 130 | 13.08% |
| Underwriting Guideline Version | 1 | 130 | 0.77% |
| Underwriting Guideline Version Date | 3 | 130 | 2.31% |
| Verified Doc Type | 7 | 130 | 5.38% |

---

**Event Grade Definitions**

---

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

---

![](ex9921001.jpg)

---

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

---

---

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

---

---

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

---

![](ex9921001.jpg)

---

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

---

## Exhibit 99.22

**Exhibit 99.22**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | 4350120417 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8392558 | 1 of 3 | xx/xx/xxxx | Property | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Loan purpose is purchase and valuation type of purchase contract has not been selected. Unable to locate a signed sales contract. Please provide a copy of fully executed sales contract. <br>|  | Document Uploaded. - XXXX | Complete Purchase Contract was provided. Condition resolved. - XXXX<br>Condition upheld. Purchase contract provided is not for subject. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120417 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8393676 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120417 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8401954 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120360 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8394524 | 1 of 3 | xx/xx/xxxx | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Provide the Approval/Underwriting Summary. <br>|  | Our loan files do not include 1008s or approval/underwriting summary files. All loans are business purpose DSCR files. - XXXX<br>| Condition set in error. DSCR loan, not 1008 or Approval. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350120360 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8394709 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120360 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8394710 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120362 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8434546 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120362 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8434553 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120362 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8437028 | 3 of 3 | xx/xx/xxxx | Compliance | PUD Rider is Missing | PUD Rider is missing. <br>|  | Document Uploaded. Please see the attached - XXXX<br>| Received PUD rider - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120359 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8411207 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120359 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8412946 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120359 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8413003 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120398 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8578379 | 1 of 3 | xx/xx/xxxx | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. Loan file contains the renewal declaration but is missing the CURRENT policy information. <br>|  | Document Uploaded. original policy provided. - XXXX<br>| Previous policy from xx/xx/xxxx to xx/xx/xxxx was provided, and new policy is from xx/xx/xxxx to xx/xx/xxxx. Condition resolved. - XXXX<br> Hazard Insurance Effective Date of xx/xx/xxxx is prior to or equal to the Disbursement Date of xx/xx/xxxx Or the Date(s) Are Not Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120398 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8581125 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120398 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8581126 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120419 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8576214 | 1 of 4 | xx/xx/xxxx | Credit | Purchase Contract - Addendum Missing | The Purchase Contract Addendum is missing. Addendum showing sales price of xxxxxx per Settlement Statement <br>|  | Document Uploaded. Please see the attached addendum. - XXXX<br>| Contract addendum provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 2 | 1 | 3 | 1 |
| XXXX | 4350120419 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8581726 | 2 of 4 | xx/xx/xxxx | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120419 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8605236 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. - XXXX<br>|  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120419 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8605295 | 4 of 4 | xx/xx/xxxx | Credit | Condo - HOA Dues | The file does not contain documentation supporting the HOA/Condo dues. The subject appraisal reflected no HOA fees and the subject property is identified as a Condo. <br>|  | Document Uploaded. Updated appraisal attached. - XXXX<br>| Appraisal shows no HOA. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120361 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8408393 | 1 of 3 | xx/xx/xxxx | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. 3rd party background report attached. - XXXX<br>| Fraud Report provided. Condition resolved. - XXXX<br>Third party fraud report is provided - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120361 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8408619 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120361 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8408629 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120363 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8459327 | 1 of 3 | xx/xx/xxxx | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Assignment of leases attached. - XXXX<br>| Condition set in error. DOT is a Collateral Assignment of Leases an Rents. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350120363 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8459973 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120363 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8473442 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120399 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8582021 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120399 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8585288 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120399 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8585293 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120402 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8596687 | 1 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120402 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8597368 | 2 of 4 | xx/xx/xxxx | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing a 12 month mortgage history for the existing loan with xxxx xxxx LLC (3 months verified on bank statements). <br>|  | Document Uploaded. - XXXX<br>| VOR/VOM provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120402 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8597464 | 3 of 4 | xx/xx/xxxx | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. Missing verification of business existence and that the business is fully operational / active is required within ten<br> (10) business days of closing.<br>|  | Document Uploaded. - XXXX<br>| 3rd party VOE provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120402 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8598679 | 4 of 4 | xx/xx/xxxx | Compliance | Missing Attorney Preference Letter | Right To Choose Attorney or Attorney Preference not in file. The What Mortgage Applicants Need To Know and Right To Choose Attorney or Attorney Preference disclosures are provided in the file. <br>|  | Document Uploaded. - XXXX<br>| Right To Choose Attorney or Attorney Preference Resolved or Not Applicable - XXXX<br>Received notice and pamphlet - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120424 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8412928 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120424 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8413761 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120424 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8428530 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120423 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8384114 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120423 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8384115 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120423 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8388117 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120384 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8149399 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120384 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8151607 | 2 of 3 | xx/xx/xxxx | Compliance | Missing Tangible Net Benefit Disclosure | Tangible Net Benefit Disclosure was not provided. <br>|  | Document Uploaded. - XXXX<br>| &nbsp;&nbsp;&nbsp;&nbsp;Received borrower's acceptance of loan terms. TNB not required in NY. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120384 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8163128 | 3 of 3 | xx/xx/xxxx | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. A VOM is required on refinance transactions, reflecting 0x30 delinquencies over the past 12 months; however, the loan file contains only a 10-month VOM. Please provide a complete 12-month VOM.<br>|  | Document Uploaded. - XXXX<br>| Housing history meets guideline requirements. - XXXX<br>LOX provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120382 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8395139 | 1 of 3 | xx/xx/xxxx | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. The CU score is 1.4 and the loan amount is under xxxxxxSecondary valuation not needed - XXXX | 3rd party valuation provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120382 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8401289 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120382 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8416108 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120383 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8549084 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120383 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8554182 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120383 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8558619 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534578 | 1 of 6 | xx/xx/xxxx | Credit | Title Document Missing | Title document is missing. <br>|  | Document Uploaded. This is a COOP property. Title lien search was provided with the docs. Reattaching. - XXXX<br>| Lien search provided. Condition resolved. - XXXX<br>Title document is fully present - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534809 | 2 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534884 | 3 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534948 | 4 of 6 | xx/xx/xxxx | Property | Property Issue - Ineligible Property | The subject is an ineligible property and not allowed per guidelines. The subject is a non-FNMA approved Co-op. A formal exception is in the file. <br>|  |  |  | The exception was approved due to LTV less than 70% and at least 5% less than the guidelines maximum, and the FICO is over 20 points higher than the minimum. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8604229 | 5 of 6 | xx/xx/xxxx | Compliance | Missing Warranty / Transfer Deed | Warranty / Transfer Deed is not provided. Provide transfer deed from xxxxx xxxxx xxx xxxxx to xxx xx. Borrower is vesting out of xx to individual.  |  | This is a COOP. A Deed is not applicable for a COOP. The Proprietary Lease and a Stock Certificate was provided with the collateral documents. - XXXX<br>| Title docs provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8604691 | 6 of 6 | xx/xx/xxxx | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Title lien search does not show proposed insured coverage. <br>|  | The lien search reflects the standard coverage limitation which is customary for coop lien search. The xxxxxxcap is standard industry practice. - XXXX <br> Document Uploaded. Please refer to terms and conditions from the COOP lien search provided with the package in paragraph 1. - XXXX | Title document provided. Condition resolved. - XXXX<br>Condition upheld. Title company liability terms and conditions provided. Title coverage is less than total amount of subject lien(s). Title lien search does not show proposed insured coverage. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8160100 | 1 of 8 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8160101 | 2 of 8 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8165358 | 3 of 8 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The cash out for subject loan is xxxxx with an LTV of 61.22%. Guidelines cite the maximum cash out for a loan with an LTV greater than 60% is xxxxx. Unable to locate a formal exception form. Please provide an exception. <br>|  | Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| LTV less than 70%, AND at least 5% less than guideline maximum<br> Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum<br> LTV 61% - FICO 804 | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8165582 | 4 of 8 | xx/xx/xxxx | Credit | Corporation/LLC: Certificate of Good Standing Doc is Missing | The loan file does not contain the Corporation/LLC: Certificate of Good Standing. Unable to locate the Certificate of Good Standing for xxxxx. Please provide the Certificate of Good Standing. <br>|  | Document Uploaded. - XXXX<br>| Corporation/LLC: Certificate of Good Standing provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8165613 | 5 of 8 | xx/xx/xxxx | Credit | Corporation/LLC: EIN Doc is Missing | The loan file does not contain the Coporation/LLC: EIN documentation. Unable to locate the EIN documentation for xxxxx. Please provide the EIN documentation. <br>|  | Document Uploaded. - XXXX<br>| Corporation/LLC: EIN documentation provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8165633 | 6 of 8 | xx/xx/xxxx | Credit | Corporation/LLC: Operating Agreement Doc is Missing | The loan file does not contain the Corporation/LLC: Operating Agreement. Unable to locate the Operating Agreement for xxxxx. Please provide the Operating Agreement. <br>|  | Document Uploaded. - XXXX<br>| Corporation/LLC: Operating Agreement provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8165661 | 7 of 8 | xx/xx/xxxx | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Program Parameters - Borrower/Business Entity Ineligibility. It appears xxxxx is layered with the XXXX dated xxxxxx . Guidelines cite entities layered with a trust are ineligible.  |  | Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| LTV less than 70%, AND at least 5% less than guideline maximum<br> Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum<br> LTV 61% - FICO 804 | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120358 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8181839 | 8 of 8 | xx/xx/xxxx | Credit | Trust/POA Does Not Meet Guideline Requirements | Trust/POA does not meet guideline requirements. Unable to locate the trust agreement for XXXX dated xxxxxx. Please provide the trust agreement. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Certificate of Trust provided. Condition resolved. - XXXX<br> Trust/POA Meets Guideline Requirements - XXXX<br> Condition upheld. Exception provided is not for missing trust agreement. Provide formal exception or provide missing trust agreement for XXXX dated xx/xx/xxxx. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120443 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8817806 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120443 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8817813 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120443 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8817819 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120333 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8188763 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120333 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8198207 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120333 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8198644 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120374 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8536302 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120374 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556339 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120374 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556397 | 3 of 3 | xx/xx/xxxx | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Loan was approved as a Cash Out Refinance transaction when the Business Purpose Settlement Statement supported the loan was a No Cash Out Refinance. No approval provided reflecting loan as a No Cash Out Refinance transaction. <br>|  | Document Uploaded. - XXXX<br>| 1008 provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8554579 | 1 of 4 | xx/xx/xxxx | Property | Property Issue - Condo Ineligible | The subject condo project is ineligible. Subject property is XXXX square feet; guidelines cite the minimum square footage is 500 for a condo. <br>|  | Document Uploaded. - XXXX<br>| Approved Exception provided for the Subject being only XXXX square feet. - XXXX<br>| Monthly reserves verified and 4 months ≥ minimum<br> Prepayment Penalty ≥ 3 year<br> FICO ≥ 740 and 20 points higher than minimum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8554677 | 2 of 4 | xx/xx/xxxx | Credit | Property Title Issue | Property title issue. Missing partial reconveyance from xxx xxx for loan xxxxx. <br>|  | Document Uploaded. - XXXX<br>| MORTGAGE AND NOTE SEVERANCE AGREEMENT and SUBSTITUTE MORTGAGE were provided. Condition resolved. - XXXX<br>Property Title Issue Resolved - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 855XXXX8 | 3 of 4 | xx/xx/xxxx | Credit | Condo - HOA Dues | The file does not contain documentation supporting the HOA/Condo dues. The appraisal report indicates the HOA fee is xxx per month, but the loan approval and final loan application reflect it is xxxx per month. Please provide a copy of the HOA statement supporting a monthly fee of xxx. <br>|  | Document Uploaded. - XXXX<br>| HOA statement showing xxxxxxas provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8554889 | 4 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8427378 | 1 of 4 | xx/xx/xxxx | Credit | Missing Lease Agreement | Need lease agreement for borrowers' primary residence <br>|  | Document Uploaded. We do not require additional verification for primary housing if it is rent. We do not require a lease. - XXXX<br>| Condition set in error. Guidelines do not require a VOR or Lease Agreement for Primary Residence. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8427391 | 2 of 4 | xx/xx/xxxx | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Need 2 more mortgage statements or credit supplement to show 12 month housing history for subject property. Only have 10 months and a payoff statement on file. <br>|  | Document Uploaded. attached - XXXX <br> 12 months were provided from xx/xx/xxxx due until xx/xx/xxxx due. Forxx/xx/xxxx and xx/xx/xxxx, if you reference to page 3, it shows mortgage section there. - XXXX | Mortgage History provided. Condition resolved. - XXXX<br>Housing history meets guideline requirements. - XXXX<br>Condition upheld. Not seeing the documents you cite. Could you provide? - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8427396 | 3 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8427397 | 4 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120329 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8433072 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120329 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8435692 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120329 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8439368 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120373 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8558143 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120373 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8558144 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120373 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8558145 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120381 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8187562 | 1 of 3 | xx/xx/xxxx | Credit | Cash Deposit | Loan purpose is purchase, confirm if cash deposit has cleared account. The final CD reflects a xxxx down payment, with zero earnest money per the sales contract. Please provide evidence that the cash deposit has cleared the account.<br>|  | Loan purpose is purchase, confirm if cash deposit has cleared account. . - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Evidence that the cash deposit has cleared the account provided. Condition resolved. - XXXX<br> Evidence that the cash deposit has cleared the account provided. Condition resolved. - XXXX<br> Condition upheld. Provide PCCD to show wire funds credited for xxxxxx. - XXXX<br> Loan purpose is purchase, confirm if cash deposit has cleared account. - XXXX<br> Loan purpose is purchase, confirm if cash deposit has cleared account. . - XXXX<br> Document Uploaded. - XXXX<br> Condition upheld. 1. Provide PCCD to show wire funds credited. 2. Provide most recent (prior to closing) 2 months statements for account xxxxx for xxxxxx to show owners/users of the account, and source/seasoned funds to close. - XXXX<br> Condition upheld. 1. Provide PCCD to correct funds to close form borrower. 2. Provide explanation and documentation of who xxxxx xxxxx that provided the wire for funds to close. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120381 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8219941 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120381 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8219952 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120344 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8292749 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120344 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8345917 | 2 of 3 | xx/xx/xxxx | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. HUD-1 in file is an Estimated Settlement Statement, Final Statement is needed. <br>|  | Document Uploaded. FSS attached. Please clear condition - XXXX<br>| Final Settlement Statement provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120344 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8350532 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533208 | 1 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533213 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536308 | 3 of 4 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Maximum LTV/CLTV for First Time Home Buyer is 70% per guidelines, when loan was approved at 75% LTV - A formal exception is in file. <br>|  |  |  | Compensating factor used was High FICO over program requirement. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536323 | 4 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines require First Time Home Buyers approval on an exception basis - A formal exception is in file. <br>|  |  |  | Compensating factor used was high FICO over program requirements. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120372 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8549660 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120372 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8555880 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120372 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556749 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120339 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8485238 | 1 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is a FTHB, Per Lender Guidelines, First Time Home Buyers ("FTHB") are allowed on an exception basis. A formal exception is on file. <br>|  |  |  | Qualifying DSCR ratio is greater than 1. <br> FICO score is greater than 740 and 20 points higher than minimum program requirement. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120339 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8485273 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120339 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8485274 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120337 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8294871 | 1 of 3 | xx/xx/xxxx | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. The guidelines require an exception for rural properties.<br>|  | Document Uploaded. The approval is with rural exception. Please confirm this with investor. - XXXX <br>Document Uploaded. Attached email. We have approval from investor on this. Please reach out and check with them. - XXXX<br>| Approved Exception provided for Subject property being Rural. - XXXX<br>Condition upheld. Exception provided does not state what the exception is for or the compensating factors for the exception. - XXXX<br>| LTV less than 70%, AND at least 5% less than guideline maximum, Monthly reserves is verified AND at least 4 months more than guideline minimum, Qualifying DSCR <br> higher than 1.1x, ANO at least 0.1x higher than guideline minimum  | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120337 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8295471 | 2 of 3 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. The borrower's FICO score is below the guideline minimum of 680. A formal exception has been provided in the file.<br>|  |  |  | The loan-to-value is less than 70% and 5% less than the maximum allowed. <br> The qualifying Debt Service Coverage Ratio (DSCR) is greater than 1.1x. <br> The prepayment penalty is greater than or equal to three years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120337 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8295686 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120330 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8403500 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120330 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8405851 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120330 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8411163 | 3 of 3 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. For investment purchases with a DSCR between 0.75 and 1.00, the guideline maximum LTV is 75%; however, the current loan has an LTV of 80% and a DSCR of 0.783. A formal exception is included in the file. <br>|  |  |  | Monthly reserves have been verified and exceed the minimum requirement by four months or more. The prepayment penalty is three years or more. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120364 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8029793 | 1 of 3 | xx/xx/xxxx | Credit | Title Document Missing | Title document is missing. Provide Title Documentation. <br>|  | Document Uploaded. attached. - XXXX <br>Document Uploaded. attached title. - XXXX<br>| Final Title provided. Condition resolved. - XXXX<br>Title document is fully present - XXXX<br>Condition upheld. Provide Final Title or evidence all open Title issues on the Prelim have been cleared and omitted. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120364 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8030931 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120364 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8030982 | 3 of 3 | xx/xx/xxxx | Property | Value - AVM/BPO/Desk Review did not support Value within -10% | The 3rd party review product did not support the value within a -10% variance. AVM value of xxxxx is -31.18% of the primary value used of xxxxxx and is not acceptable. Please provide a valid 3rd party valuation review. <br>|  | Document Uploaded. attached. - XXXX <br>Document Uploaded. see attached from our UW. - XXXX<br>| Field Review agreeing with Appraised value was provided. Condition resolved. - XXXX<br>Condition upheld. Provide a 3rd party valuation supporting the appraised value. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120368 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534599 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120368 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8534600 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120368 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8535007 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120425 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8774080 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120425 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8797593 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120425 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8797604 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120338 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8475282 | 1 of 3 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The LTV exceeds the maximum LTV allowed of 75% for DSCR loans with a ratio <1. The loan was qualified with an LTV of 80%. A formal exception is on file. <br>|  |  |  | Loan approved based on 3 months reserves greater than program requirements and the qualifying FICO is greater than program requirements. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120338 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8476034 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120338 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8476070 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120345 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8384192 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120345 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8391843 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120345 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8391956 | 3 of 3 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. xxxxx appears to have HOA dues, per the xxxx hoi declarations there is a HOA loss. Provide the current statement. <br>|  | Document Uploaded. - XXXX<br>| Property details report provided. There is no HOA. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120386 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8534993 | 1 of 3 | xx/xx/xxxx | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Provide title to reflect loan amount xxxxx <br>|  | Document Uploaded. - XXXX<br>| Updated title provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120386 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8537332 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120386 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8552317 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120378 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8524786 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120378 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8532525 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120378 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8536629 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120331 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8343316 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120331 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8343317 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120331 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8357905 | 3 of 3 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120342 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8479998 | 1 of 3 | xx/xx/xxxx | Credit | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Named insured does not match borrower(s) name(s). Provide Policy in BWR name or Exception from Lender <br>|  | xx/xx/xxxx is the borrower. Title is vested under LLC. - XXXX | Condition set in error. HOI Policy is in the name of the xxxxx. - XXXX<br> Named Insured matches Borrower(s) Name(s) - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350120342 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8480972 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120342 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8483259 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8135239 | 1 of 4 | xx/xx/xxxx | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. The subject property is in a rural area. An exception is in the file, however it does not reflect the required 2 compensating factors. <br>|  | Document Uploaded. attached - XXXX<br>| Exception provided for: Rural Property and layered entities with 4 members and borrower's ownership is at 48% (and 16% respectively) - XXXX<br>| 3 months reserves greater than program requirement<br> Housing payment history is 0x30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8136115 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8160748 | 3 of 4 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per the xxxxxx guidelines (based on loan approval date) the max LTV for a cash out refinance, with a DSCR less than 1.0 is 65%. The loan closed at 70%. Please document to support this to meet guidelines. <br>|  | Condition upheld. Provide the guidelines cited that are dated between xx/xx/xxxx and xx/xx/xxxx. - XXXX <br> There was an earlier guideline that was not submitted due to miscommunication. 70 LTV should still fit XXXX's credit box. - XXXX <br> File closed on xx/xx/xxxx. Should be based off our xx/xx/xxxx guidelines. - XXXX | Incorrect guidelines were applied. Guidelines dated xx/xx/xxxx were provided. Condition resolved. - XXXX<br> Condition upheld. Provide the guidelines cited that are dated between xx/xx/xxxx and xx/xx/xxxx. - XXXX<br> Condition upheld. Provide the guidelines cited that are dated between xx/xx/xxxx and xx/xx/xxxx. - XXXX<br> Condition upheld. If xx/xx/xxxx guidelines are to be used, then provide explanation as why the exception for xxxxx approved and dated xx/xx/xxxx has the LTV at 70% when the xx/xx/xxxx were not published. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8161556 | 4 of 4 | xx/xx/xxxx | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Per the xxxxxx guidelines (based on the loan approval date) layered entities are permitted up to two layers when there is a single Guarantor of the top entity which is, 100% owner / guarantor of bottom entity (title holder / borrower). The layered entity is owned by 4 members, and the borrowers have 48% and 16% ownership respectively, which does not appear to meet the entity guidelines.  |  | There was an earlier guideline that was not submitted due to miscommunication. 70 LTV should still fit XXXX's credit box. - XXXX <br>Document Uploaded. attached. - XXXX<br>| Waiver in file - XXXX<br> Exception provided for Subject being Rural and layed entities with 4 members and borrower's ownership is at 48% (and 16% respectively) - XXXX<br> Condition upheld. If xx/xx/xxxx guidelines are to be used, then provide explanation as why the exception for xxxxx approved and dated xx/xx/xxxx has the LTV at 70% when the xx/xx/xxxx were not published. - XXXX | 3 months reserves greater than program requirement<br> Housing payment history is 0x30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8133953 | 1 of 4 | xx/xx/xxxx | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Audited appraisal indicates property is in a rural location which is approved on an exception basis. Exception in file with only one compensating factor. Guidelines require 2 compensating factors. <br>|  | Document Uploaded. - XXXX<br>| Exception provided for: Rural and layed entities with 4 members and borrower's ownership is at 48% (and 16% respectively) - XXXX<br>| 3 months reserves greater than program requirement<br> Housing payment history 0x30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8134508 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8189775 | 3 of 4 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per the guidelines this cash out, investor refinance maximum LTV is 65%. Please document and clarify this to meet guidelines. <br>|  | Please reference to xx/xx/xxxx guidelines. - XXXX | Incorrect guidelines were inixxxxxlly used. Max LTV/CLTV is 70%. Condition resolved. - XXXX<br>Audited LTV of 70% is less than or equal to Guideline LTV of 70% - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8190819 | 4 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines, layered entities are permitted up to two (2) layers when there is a single Guarantor of the top entity which is 100% owner / guarantor of bottom entity (title holder / borrower. Per file documentation the xxxxx is managed by xxxxx, which is managed by 4 parties. The borrowers' percentage of ownership is 48% and 16% respectively. This does not appear to meet the business entity guidelines. <br>|  | Document Uploaded. - XXXX<br>| Approved Exception provided for: xxxxx entities with 4 members and borrower's ownership is at 48% (and 16% respectively) - XXXX<br> Condition upheld. Same issue. Exception approved with 70% LTV, prior to the XXXX guidelines were published. - XXXX | 3 months reserves greater than program requirement<br> High FICO over program requires<br> Housing payment history 0x30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8522712 | 1 of 4 | xx/xx/xxxx | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. First time homebuyer exception is on file. <br>|  |  |  | FICO score is over 740 and 20 points over the minimum, more than 4 months of reserves on file. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8522948 | 2 of 4 | xx/xx/xxxx | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. attached. - XXXX<br>| Complete Appraisal provided. Condition resolved. - XXXX<br>Appraisal is Present or is Waived - XXXX<br>Condition upheld. Provide Complete Appraisal. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8522976 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8582870 | 4 of 4 | xx/xx/xxxx | Property | Appraisal is Expired | Primary value appraisal is expired. The appraisal is expired and no recertification of value has been provided <br>|  |  | Recert of Value located in file. - XXXX<br>Primary Value Appraisal is Not Expired Or Primary Valuation Does Not Exist - XXXX<br>|  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | 4350120340 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8498463 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120340 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8498464 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120340 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8498465 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533875 | 1 of 6 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. FICO is below guideline minimum of 720. Exception in file <br>|  |  |  | Compensating factors listed as LTV less than 70% and 5% less than max. Monthly reserves verified and 4 months greater than minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533893 | 2 of 6 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is first time home buyer. <br>|  |  |  | Compensating factors listed as LTV less than 70% and 5% less than max. Monthly reserves verified and 4 months greater than minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533909 | 3 of 6 | xx/xx/xxxx | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Borrower does not have drivers license for identification purposes. Exception in file allowing to proceed. <br>|  |  |  | Compensating factors listed as LTV less than 70% and 5% less than max. Monthly reserves verified and 4 months greater than minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533977 | 4 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533979 | 5 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8533983 | 6 of 6 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120437 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Not Applicable | 8865626 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120437 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Not Applicable | 8865637 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120437 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Not Applicable | 8865640 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120327 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8402145 | 1 of 3 | xx/xx/xxxx | Credit | DSCR does not meet Guidelines | The subject DSCR does not meet guideline requirements. Borrower is a first-time homebuyer, per guidelines exception is needed to proceed. <br>|  |  |  | FICO score is over 740 and 20 higher than minimum, monthly reserves are over the minimum required. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120327 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8402150 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120327 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8402153 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8799212 | 1 of 5 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. § First Time Home Buyers ("FTHB") are allowed on an exception basis. Exception in file<br>|  |  |  | Qualifying DSCR ≥ 1.1x and Prepayment Penalty ≥ 3 years | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8799396 | 2 of 5 | xx/xx/xxxx | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. - XXXX<br>| Fraud Report provided. Condition resolved.<br> - XXXX<br>Third party fraud report is provided - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8799401 | 3 of 5 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8799414 | 4 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8847992 | 5 of 5 | xx/xx/xxxx | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Provide evidence SSN Alert was cleared. <br>|  | Document Uploaded. - XXXX<br>| SSN Verification was provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120336 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8505902 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120336 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8505903 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120336 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8505904 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120410 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8659823 | 1 of 3 | xx/xx/xxxx | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Subject is Rural Property - external exception approved by XXXX XXXX<br>Compensating Factors:<br> Monthly reserves verified and 4 months ≥ minimum<br> FICO ≥ 740 and 20 points higher than minimum<br>|  |  |  | Compensating Factors:<br> Monthly reserves verified and 4 months ≥ minimum<br> FICO ≥ 740 and 20 points higher than minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120410 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8659919 | 2 of 3 | xx/xx/xxxx | Credit | Hazard Insurance Coverage is less than all Subject Lien(s) | Hazard Insurance Coverage Amount of xxxxx is less than Total Amount of Subject Lien(s) ofxxxxx  |  | Document Uploaded. Attached shows estimated replace cost of the structure is xxxxxx. - XXXX | RCE was provided. HOI meets RCE. Condition resolved. - XXXX<br> Hazard Insurance Coverage Amount of xxxxx is less than Total Amount of Subject Lien(s) of xxxxxx - XXXX |  | XXXX | Resolved | 1 | 1 | 2 | 2 |
| XXXX | 4350120410 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8660125 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120365 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8535926 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120365 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8535927 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120365 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8535928 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8413967 | 1 of 5 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Exception on file <br>|  |  |  | Monthly reserves over 4 months, borrower has investment experience as a season investor, 0x30x12 pay history | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8413998 | 2 of 5 | xx/xx/xxxx | Credit | Missing Lease Agreement |  |  |  |  | Monthly reserves over 4 months, borrower has investment experience as a season investor, 0x30x12 pay history | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8414022 | 3 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8414023 | 4 of 5 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8414024 | 5 of 5 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120335 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8395168 | 1 of 3 | xx/xx/xxxx | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Missing 1008 <br>|  | Document Uploaded. - XXXX<br>| UW Summary was provided. Condition resolved. - XXXX<br>Approval/Underwriting Summary is fully present - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120335 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8395203 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120335 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8404349 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120341 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8481684 | 1 of 3 | xx/xx/xxxx | Compliance | Loan Originator NMLS Status is Unknown | Loan Originator NMLS status is unknown. No ID provided on Note <br>|  | NMLS not needed for business purpose loans. - XXXX<br>| Not required in XX - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120341 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8509104 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120341 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8509105 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120380 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8193406 | 1 of 4 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120380 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8214669 | 2 of 4 | xx/xx/xxxx | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '-xxxxx are less than xxxx.  |  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| CD with proceeds from sale provided. Condition resolved. - XXXX<br> Condition upheld. URLA shows assets for xxxxxx Pending Net Sale From Real Estate. Provide final CD from sale showing xxxxx proceeds. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120380 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8214670 | 3 of 4 | xx/xx/xxxx | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '-xxxxxx', are less than xxxx. Borrower(s) total verified assets are insufficient for cash to close or reserves. Borrower asset statement provided from the business account, however cannot use the assets from the Trust account as those are being used towards the Asset Depletion for income - that would be double dipping. Borrowers are now short of funds to cover their closing costs and reserves for 6 months as required per guidelines. xx<br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| CD with proceeds from sale provided. Condition resolved. - XXXX<br> Condition upheld. URLA shows assets for xxxxx Pending Net Sale From Real Estate. Provide final CD from sale showing xxxxxx proceeds. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120380 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8244570 | 4 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120434 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8743691 | 1 of 3 | xx/xx/xxxx | Credit | Cash Deposit | Loan purpose is purchase, confirm if cash deposit has cleared account. Proper documentation of gift funds is required. The gift letter states a gift in the amount of xxxxx; however, there is no evidence that these funds cleared the donor's account, and the provided bank statements do not reflect the withdrawal. A wire in the amount of xxx from the documented donor is included in the file.<br>|  | Document Uploaded. - XXXX<br>| Cash deposit docs provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120434 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8743934 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120434 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8743948 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120379 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8509895 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120379 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8511657 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120379 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8512193 | 3 of 3 | xx/xx/xxxx | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. Loan file is missing bank statement and REO worksheets <br>|  | Document Uploaded. - XXXX<br>| Bank statement and REO worksheet provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120401 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8691156 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120401 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8691157 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120401 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8706797 | 3 of 3 | xx/xx/xxxx | Credit | Title Document is Partially Present | Title document is incomplete or only partially present. File is missing either a Quick EQ/Property Report or the RELP, MRELP, Transaction Cert, or E&O Policy. Please supply both required Title documents. Missing a complete copy of the preliminary title report. The report in the file is missing vital information. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Title documents provided. Condition resolved. - XXXX<br>Condition upheld. Prelim title provided is missing borrower name and proposed insurance amount. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120400 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8503081 | 1 of 3 | xx/xx/xxxx | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '-xxxxx', are less than xxxxx. The loan file is missing additional asset bank statements reflected on the 1003. Assets required to close are not documented, and the required two months' reserves are also not provided.<br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br> Liquid Funds Post-Close are greater than or equal to xxxxxx04/14/2026<br> Liquid Funds Post-Close are greater than or equal to xxxxxxrrower(s) total verified assets are insufficient for cash to close or reserves. - XXXX<br> Condition upheld. Exception provided for asset seasoning. Provide ending balance statements for xxxxx # xxxx for xxxxxx and xxxx # xxxx for xxxxxxx0. The assets were used to qualify and shown on URLA. - XXXX<br> Condition upheld. Asset docs provided ending xx/xx/xxxx is after closing date xx/xx/xxxx . Asset do match what's shown on URLA/1008 amount xxxxxx Provide ending balance statements for xxxxx # xxxxx for xxxxxx and xxxxx # xxxx for xxxxxxx. - XXXX | Reserves More than 30 months<br> FICO 744 above than 720<br> LTV 60% below 80%<br> DTI Below 20% | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120400 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8503373 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120400 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8504768 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120332 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8394188 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120332 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8394193 | 2 of 3 | xx/xx/xxxx | Property | Appraisal - Miscellaneous | The subject appraisal reflected issues. Unable to locate photos or comments on smoke /CO detectors as no photos were provided. <br>|  | Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| Reserve More than 12 months <br> FICO 763 above 720<br> LTV 70% below 75% | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120332 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8409148 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8662247 | 1 of 4 | xx/xx/xxxx | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Approved Exception in file allowing loan amount of xxxxx. <br>|  |  |  | Compensating factors provided as a DSCR of 1.1, and a PPP greater than 3 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8662389 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8662391 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8662396 | 4 of 4 | xx/xx/xxxx | Credit | Condo - HOA Dues | The file does not contain documentation supporting the HOA/Condo dues. provide supporting documents to confirm HOA payment of xxxx <br>|  | Document Uploaded. - XXXX<br>| Evidence of xxxxxxHOA fee was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120427 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8795242 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120427 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8795246 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120427 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8795250 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8659785 | 1 of 4 | xx/xx/xxxx | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. missing appraisal and market rent schedule <br>|  | Document Uploaded. on page 22 - XXXX<br>| 1007 provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8659788 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8660707 | 3 of 4 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). <br>|  | This is a DSCR loan. This does not apply. - XXXX<br>| GAP Report not required for DSCR. - XXXX<br>Borrower 1 Gap Credit Report is not expired. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8661059 | 4 of 4 | xx/xx/xxxx | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX<br>| Appraisal provided. Condition resolved. - XXXX<br>Appraisal is Present or is Waived - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120369 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536537 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120369 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536538 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120369 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536541 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8593062 | 1 of 6 | xx/xx/xxxx | Compliance | Missing Doc - Homeownership Counseling Disclosure/Missing | Homeownership Counseling Disclosure is missing. HOC is missing from file <br>|  | Document Uploaded. - XXXX<br>| Homeownership Counseling Disclosure was provided. - XXXX<br>Received HCD - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8593421 | 2 of 6 | xx/xx/xxxx | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - XXXX<br>| CDA supporting value was provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8595303 | 3 of 6 | xx/xx/xxxx | Property | Missing Appraisal | The loan file does not contain the appraisal. <br>|  | Document Uploaded. - XXXX<br>| Complete Appraisal was provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8595306 | 4 of 6 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8599920 | 5 of 6 | xx/xx/xxxx | Compliance | Intent to Proceed is Missing or Incomplete | Executed Intent to Proceed document is missing from the file <br>|  | Document Uploaded. - XXXX<br>| Intent to Proceed provided. - XXXX<br>Received ITP - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8605607 | 6 of 6 | xx/xx/xxxx | Property | Missing Doc - Documentation Missing | The loan file does not contain all required valuation documents. Missing 1008 <br>|  | Document Uploaded. - XXXX<br>| Received requested documentation - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8798670 | 1 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8799661 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8801596 | 3 of 4 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Subject has an LTV of 80%; the maximum allowed per guidelines for the WVOE program is 75%. A formal exception is in the file. <br>|  |  |  | Loan approved based on FICO >= 740 and and 20 points higher than minimum and Borrower has worked in same industry for >= 5 years | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8801597 | 4 of 4 | xx/xx/xxxx | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. Borrower has 3 months reserves, but guidelines require 6 months reserves for the WVOE program. A formal exception is in the file. <br>|  |  |  | Loan approved based on FICO >= 740 and and 20 points higher than minimum and Borrower has worked in same industry for >= 5 years | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797829 | 1 of 6 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. If the property is vacant, the borrower must provide a Letter of Explanation (LOE) outlining the reason for vacancy <br> and obtain an internal exception. LOE found in file <br>|  |  |  | In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived; therefore, an exception is necessary. The lender has granted this exception based on the following compensating factors: a qualifying DSCR greater than 1.1x and 0.1x above the minimum requirement, a prepayment penalty period exceeding three years, and a FICO score above 740 and more than 20 points higher than the minimum required. Documentation supporting the exception is available on page 301. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797883 | 2 of 6 | xx/xx/xxxx | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived. Waiver on page 301 <br>|  |  |  | In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived; therefore, an exception is necessary. The lender has granted this exception based on the following compensating factors: a qualifying DSCR greater than 1.1x and 0.1x above the minimum requirement, a prepayment penalty period exceeding three years, and a FICO score above 740 and more than 20 points higher than the minimum required. Documentation supporting the exception is available on page 301. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797884 | 3 of 6 | xx/xx/xxxx | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived. Waiver on page 301 <br>|  |  |  | In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived; therefore, an exception is necessary. The lender has granted this exception based on the following compensating factors: a qualifying DSCR greater than 1.1x and 0.1x above the minimum requirement, a prepayment penalty period exceeding three years, and a FICO score above 740 and more than 20 points higher than the minimum required. Documentation supporting the exception is available on page 301. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797885 | 4 of 6 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per Guidelines max LTV for Cash Out Investment properties is 70% Exception in file for 75% <br>|  |  |  | In accordance with the guidelines, the maximum allowable LTV is 70% and a lease agreement is required. The current LTV is 75%, and the lease agreement requirement is being waived; therefore, an exception is necessary. The lender has granted this exception based on the following compensating factors: a qualifying DSCR greater than 1.1x and 0.1x above the minimum requirement, a prepayment penalty period exceeding three years, and a FICO score above 740 and more than 20 points higher than the minimum required. Documentation supporting the exception is available on page 301. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797966 | 5 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8797978 | 6 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120431 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8823375 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120431 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8844298 | 2 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. LTV 75% Vacant <br>|  |  |  | DSCR >1 Prepayment >3 years Fico >740 | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120431 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8844307 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8821418 | 1 of 5 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Max LTV for Rate and Term is 70% per guidelines. Exception in file <br>|  |  |  | DSCR > 1.1 and Prepayment Penalty > 3 years | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8821425 | 2 of 5 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines require an exception for vacant properties when lease is not being used. Waiving lease exception <br>|  |  |  | DSCR > 1.1 and Prepayment Penalty > 3 years | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8842079 | 3 of 5 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8842083 | 4 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8842097 | 5 of 5 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120429 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8824125 | 1 of 3 | xx/xx/xxxx | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Max LTV per guidelines is 70%. Loan qualified at 75%. Property vacant on a cash out refinance, lease agreement requirement waived. A formal exception is in file. <br>|  |  |  | The prepayment penalty is greater than or equal to 3%.<br> The DSCR ratio is greater than or equal to 1.1.<br> The FICO score is greater than or equal to 740 greater than 20 points higher than minimum. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120429 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8826055 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120429 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8826060 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120370 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536231 | 1 of 3 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Maximum LTV for ratio's <1.00 = 75%, formal exception in file to use 80% <br>|  |  |  | Monthly reserves verified and 4 months ≥ minimum<br> FICO ≥ 740 and 20 points higher than minimum<br> Prepayment Penalty ≥ 3 years | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120370 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536299 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120370 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8536301 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8831607 | 1 of 5 | xx/xx/xxxx | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Foreign national minimum loan amount is xxxxx. The loan amount is below the guideline minimum loan amount. An approved formal exception is included in the file. <br>|  |  |  | Compensating factors include DSCR exceeding requirements at 1.1, LTV of 70% and and prior rental experience. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8831608 | 2 of 5 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The LTV exceeds the guideline maximum of 65% for a Cash-Out Refinance FN DSCR; the current LTV is 70%. An approved formal exception is included in the file approving the 70% LTV. <br>|  |  |  | Compensating factors include DSCR exceeding requirements at 1.1 and prior rental experience. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8831781 | 3 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8831788 | 4 of 5 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8831797 | 5 of 5 | xx/xx/xxxx | Credit | Eligibility - Citizenship Requirements | The documented citizenship does not meet guideline requirements. The file is missing an unexpired visa as required by the guidelines. An approved formal exception is included in the file. <br>|  |  |  | Compensating factors of DSCR ratio exceeding 1.1 and low LTV of 70%. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8685287 | 1 of 6 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. There are 3 exceptions on the file:<br> 1.680 score is required Using 663<br> 2.2 times 30 late on xxxxx<br> 3. 6 Months seasoning is required, less than in file. Formal exception in file <br>|  |  |  | LTV ≤ to 70% and 5% less than maximum<br> monthly reserves verified and 4 mos. ≥ minimum<br> DSCR ≥ 1.1x and .1x ≥ minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8685332 | 2 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8685334 | 3 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8687059 | 4 of 6 | xx/xx/xxxx | Credit | Delinquent Credit History Does Not Meet Guideline Requirements | Delinquent Credit History does not meet guideline requirements. 1. using fico 663<br> 2.two 30 day lates for xxxxx<br> 3. less than six months seasoning <br>|  |  |  | LTV ≤ to 70% and 5% less than maximum<br> monthly reserves verified and 4 mos. ≥ minimum<br> DSCR ≥ 1.1x and.01x ≥ minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8687516 | 5 of 6 | xx/xx/xxxx | Credit | Title Commitment - Other | There are additional findings regarding the title commitment. There are 3 exceptions on the file:<br> 1.680 score is required Using 663<br> 2.2 times 30 late on xxxxx<br> 3. 6 Months seasoning is required, less than in file. Formal exception in file <br>|  | 6 months seasoning - XXXX <br>|  | LTV ≤ 70% and 5% less than maximum<br> monthly reserves verified and 4 mos. ≥ to minimum<br> DSCR ≥ t 1.1x and .1x ≥ minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8712424 | 6 of 6 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120409 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8683671 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120409 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8683673 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120409 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8683677 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120371 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8548894 | 1 of 3 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Guidelines require a minimum credit score of 680. A formal exception is documented in the file allowing a score of 660.<br>|  |  |  | The qualifying DSCR is greater than t 1.1x.<br> A prepayment penalty of three years or more applies to this loan.<br> The borrower has a housing payment history of 0x30x24 or better. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120371 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 855XXXX4 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120371 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8556575 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120426 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8798383 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120426 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8798388 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120426 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8805732 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8681446 | 1 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is a First Time Home Buyer. Exception in file to support guidelines. <br>|  |  |  | Qualifying DSCR > 1.1x and 0.1x> minimum. Prepayment penalty > 3 years | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8681970 | 2 of 4 | xx/xx/xxxx | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. Provide market rent schedule 1007 to support rental value of xxxxx <br>|  | Document Uploaded. - XXXX<br>| Appraisal and 1007 provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8681975 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8717601 | 4 of 4 | xx/xx/xxxx | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX<br>| Appraisal and 1007 provided. Condition resolved. - XXXX<br>Appraisal is Present or is Waived - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | 4350120438 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8869788 | 1 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines Foreign Nationals must provide 2 forms of identification. Exception in file to use only unexpired passport. <br>|  |  |  | LTV < 70% and 5% less than maximum allowed.<br> 3 year PPP | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120438 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8869819 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120438 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8869820 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8389941 | 1 of 6 | xx/xx/xxxx | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing new mortgage for primary residence xxxx for xxxxxx<br>|  | Document Uploaded. - XXXX<br>| VOR/VOM provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8390315 | 2 of 6 | xx/xx/xxxx | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Exception is in the file page 641 for Occupancy and loan amount under xxxx<br>|  |  |  | Per guidelines, the XXXX Bank Statement program does not permit investment properties. Because the subject property is non-owner occupied and the loan amount is under xxxxxx00, an exception is required. This exception is documented on page 641 and is supported by the following three compensating factors: (1) experienced investor with an established housing history, (2) residual income of xxxxxx7.68 and reserves totaling xxxxxx92.66, and (3) strong credit with no late payments. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8390590 | 3 of 6 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The XXXX guidelines do not allow an investment property on a bank statement loan - - A formal exception is in the file <br>|  |  |  | Per guidelines, the XXXX Bank Statement program does not permit investment properties. Because the subject property is non-owner occupied and the loan amount is under xxxxxx00, an exception is required. This exception is documented on page 641 and is supported by the following three compensating factors: (1) experienced investor with an established housing history, (2) residual income of xxxxxx7.68 and reserves totaling xxxxxx92.66, and (3) strong credit with no late payments. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8390738 | 4 of 6 | xx/xx/xxxx | Credit | Program Parameters - Loan Purpose | The subject loan does not meet program parameters for loan purpose. The subject transaction does not meet guidelines. XXXX Guidelines do not allow Non-Profit Organizations under ineligible borrowers - No exception provided <br>|  |  | not required<br> - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8390742 | 5 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8390749 | 6 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120413 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8578000 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120413 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8578007 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120413 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8579193 | 3 of 3 | xx/xx/xxxx | Compliance | Federal - List of Settlement Service Providers Mailed/Delivered Within Three Business Days of Application | The List of Settlement Service Providers Disclosure Date (xxxxxx) is more than 3 business days from the Application Date (xxxxxx). Three business days from the Application Date is (xxxxxx). Under Regulation Z, the List of Settlement Service Providers must be delivered or placed in the mail not later than the third business day after receiving a consumer's application. (12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) . <br>|  | Document Uploaded. - XXXX<br>| Received SPL - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120396 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8529261 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120396 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8529314 | 2 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The file contains an email indicating an exception was granted for the number of NSFs on the borrower's business bank statements. Missing a formal signed exception form for this exception. <br>|  | Document Uploaded. Hello I uploaded the external xxxxx exception form. The document type is not accurate--so had to place under 1099-Misc. Please clear the condition. Thank you. - XXXX <br> Document Uploaded. No category for upload. Please find attached exception form. Please clear. Thank you. - XXXX | Exception approval provided - XXXX<br>| DTI 29.63; max 43%; FICO 711, min 660; Residual income xxxxxx.50 | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120396 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8536522 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120349 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8453683 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120349 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8453684 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120349 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8456834 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120393 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8434025 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120393 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8436057 | 2 of 3 | xx/xx/xxxx | Credit | Cash reserves less than required by guidelines | Total Cash reserves of 'xxxxx are less than xxxxx. Insufficient assets verified in the amount of xxxx to meet three months reserve requirements. Per final Closing Disclosure, xxxxx funds were required to close and per guidelines, xxxxx three months reserves were required which totaled xxxxx funds required for the transaction. However,xxxxx in assets were verified (xxxxx from 1031 exchange after xxxxxx xxxxxx EMD was deposited to escrow + xxxxx xxxxx xxxxxx balance), resulting in xxxxx insufficient verified assets. <br>|  | Document Uploaded. Please see the investment account, which was included in this loan transaction. - XXXX<br>| Asset docs provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120393 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8438902 | 3 of 3 | xx/xx/xxxx | Property | Appraisal - Unsupported adjustments/comps | The subject appraisal reflected unsupported adjustments/comps. Missing formal Exception Report with compensating factors, due to the following: Guidelines require for Accessory Dwelling Units (ADU) that the appraisal report must demonstrate that the improvements are typical for the market through an analysis for at least one comparable property with the same use. None of the appraisal report comparables have ADU's. Email correspondence is in file referencing an approved Exception Report for this issue; however, the formal Exception Report with compensating factors is not in file. <br>|  | Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| LTV 75% (80%); FICO 764 (700); Experienced investor owns and manages 2 or more properties > 12<br> months; Reserves 15+ mo. (3 mo.); 3 yr PPP | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120394 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8459939 | 1 of 3 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Lender used no expenses for NOO at xxxxx. This property is owned free and clear with no HOI but property not incldued in DTI. Lender to provide proof why taxes were not included in DTI. <br>|  | Document Uploaded. Ratios are low on this loan. Please see the LOX explaining that the property is free and clear and has no h/o insurance. The current ratios reflect xx. If we add the tax payment of xxxxxx The ratios would reflect xx%. The loan would still qualify. Can we please waive this condition based on our findings? - XXXX | Tax docs provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120394 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8460021 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120394 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8480155 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120392 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8483451 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120392 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8483455 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120392 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8483463 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120442 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8602530 | 1 of 4 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120442 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8602585 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120442 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8626417 | 3 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines state that loans not eligible for cash out are properties that were listed for sale in the past six months. If the property has been listed for sale in the previous 12 months, the LTV will be based on the lesser of the lowest list price or appraised value. The subject loan was approved as a refinance cash out transaction. Per borrower explanation letter, the subject property was listed for sale and that the borrower withdrew the listing. The appraisal report does not disclose the subject property listing activity noted by the borrower. <br>|  | Document Uploaded. Please find the exception form. Please clear. Thank you. - XXXX <br>Document Uploaded. Hello there is no document type for the exception form. Placed under 1099 misc. Please clear. Thank you. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>Condition upheld. Exception form provided. Exception form is missing the approval date and decision details info on form. - XXXX<br>Condition upheld. Exception provided does not have description for the exception and 2 compensating factors listed. - XXXX<br>| LTV less than 70%, AND at least 5% less than guideline maximum<br> Qualifying DTI less than 35%, AND at least 10% less than guideline maximum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120442 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8626702 | 4 of 4 | xx/xx/xxxx | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. xxxxx investment property. Closing Disclosure provided does not indicate it is the final Closing Disclosure. Otherwise, the property PIxxxxx needs to be factored into the qualifying debt ratio per guideline requirements. <br>|  | Document Uploaded. Please find the closing statement and supporting documents for xxxxx Please clear. Thank you. - XXXX | Closing statement and supporting documents for xxxxx provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120416 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8599267 | 1 of 3 | xx/xx/xxxx | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Subject property located in a Rural neighborhood location. Per guidelines, this is an ineligible property. A formal exception is on file. <br>|  |  |  | Monthly reserves are verified and are at least 4 months more than guideline minimum. <br> The LTV is less than 70%, and at least 5% less than guideline maximum. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120416 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8599854 | 2 of 3 | xx/xx/xxxx | Compliance | Missing US Patriot Act Disclosure or ID | Provide Patriot Act Information Form or Photo Identification. <br>|  | Document Uploaded. - XXXX<br>| Patriot act form and DL provided on pages 51-52. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 2 | 1 | 2 | 2 |
| XXXX | 4350120416 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8600720 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120415 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | 8545687 | 1 of 4 | xx/xx/xxxx | Compliance | The Final 1003 is Missing | The final 1003 is missing. <br>|  | Document Uploaded. - XXXX<br>| The final 1003 has been provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120415 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | 8546578 | 2 of 4 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120415 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | 8547875 | 3 of 4 | xx/xx/xxxx | Compliance | Missing Initial Escrow Disclosure | Inixxxxxl Escrow Account Disclosure is missing. <br>|  | Received IEAD - XXXX <br>Document Uploaded. - XXXX<br>| Inixxxxxl Escrow Account Disclosure is Resolved - XXXX<br>Received IEAD - XXXX<br>|  | XXXX | Resolved | 2 | 1 | 3 | 1 |
| XXXX | 4350120415 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | 8553733 | 4 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120395 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8605244 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120395 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8605246 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120395 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8605250 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120326 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8292740 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120326 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8292748 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120326 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8299231 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120414 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8621282 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120414 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8621286 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120414 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8621289 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120441 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8694693 | 1 of 4 | xx/xx/xxxx | Credit | Verification Documentation - VOM Missing/Incomplete | The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Documentation required to support payment history of non-subject financed properties. Borrower has a land contract for three properties. VOM provided documenting pay history. Borrower pays in cash has no receipts or cancelled checks to document payments. Exception to allow private party VOM with no supporting documentation showing the most recent 6-month history. A formal exception is on file. <br>|  |  |  | The qualifying credit score is greater than 20 points over minimum per guidelines. <br> Borrower has residual income of xxxxxx0.53.<br> Existing lien holder being paid off, loan opened since XXXX with no late payment. <br> LTV is 47.30%, maximum allowed 80%. <br> The loan qualified with a low DTI. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120441 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8694723 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120441 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8703420 | 3 of 4 | xx/xx/xxxx | Compliance | Collateral Protection Notice is Missing | Collateral Protection notice is missing. The executed OR Right to Choose Insurance disclosure is missing from the file <br>|  | Document Uploaded. Please see the inixxxxxl hazard insurance disclosure and the hazard disclosure at closing. Please clear. Thank you. - XXXX <br>Document Uploaded. Please find the Insurance disclosure. thank yu. - XXXX<br>| Collateral Protection Notice is Present or Not Applicable - XXXX<br>Received disclosure - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120441 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8703441 | 4 of 4 | xx/xx/xxxx | Compliance | Charges That Cannot Increase Test (50001251) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). There was not a valid COC to for the increase on the Final CD dated xxxxxx in regard to the Discount Points. <br>|  | Document Uploaded. Please find attached certification. Please clear. Thank you. - XXXX<br>| Received rate lock extension along with pricing details disclosing a 5 day extension at a cost of xxxxxx. - XXXX<br> Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120412 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8623799 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120412 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8623816 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120412 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8630682 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120348 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8440497 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120348 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8440501 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120348 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8455382 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120433 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8800281 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120433 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8800289 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120433 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8800293 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8411863 | 1 of 4 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | this is n/a since the credit report was dated xx/xx/xxxx and the loan funded xx/xx/xxxx - XXXX | GAP CR in file. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8412543 | 2 of 4 | xx/xx/xxxx | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Minimum loan amount is xxxx per guidelines; need exception on loan is ineligible. <br>|  | Document Uploaded. Please see attached - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| Number of years on job<br> 12+ months reserves<br> Number of years in home | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8412575 | 3 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8413693 | 4 of 4 | xx/xx/xxxx | Compliance | Federal - Escrow Account Required (First Lien HPML)(06/2013) | You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation, if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) Escrow account is required. <br>|  | Document Uploaded. Please see attached. Impounds are added and lender credit applied - XXXX<br>| . - XXXX<br>- XXXX<br>Received the following signed by the borrower: PCCD collecting 5 months escrow, first payment letter, escrow account disclosure and lender credit to cure the violation - XXXX<br>|  | XXXX | Cured | 3 | 1 | 4 | 2 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8476943 | 1 of 7 | xx/xx/xxxx | Credit | Borrower 2 Tax Returns Not Signed | Borrower 2 Tax Returns not signed. <br>|  | Document Uploaded. - XXXX<br>| Signed tax returns provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8476944 | 2 of 7 | xx/xx/xxxx | Credit | Borrower 1 Tax Returns Not Signed | Borrower 1 tax returns not signed. <br>|  | Document Uploaded. - XXXX<br>| Signed tax returns provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8477208 | 3 of 7 | xx/xx/xxxx | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Need housing history for xxxxx, xxxxx and xxxxx Mortgages on 1003 but they aren't reporting on credit report. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| VOR/VOM provided. Condition resolved. - XXXX<br> Condition upheld. Copies of checks written for mortgage payments provided. Need housing history for (1). xxxxx (2). XXXX (3). xxxxx. Mortgages on 1003 but they aren't reporting on credit report. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8478328 | 4 of 7 | xx/xx/xxxx | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. - XXXX<br>| 3rd party fraud report provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8478372 | 5 of 7 | xx/xx/xxxx | Credit | Missing Lease Agreement | Letter of explanation is on file, however we need an exception or a documentation from current tenants with current rent for all xxxxx. Provide all leases to support the rental income reflected on the 1003 and used to qualify.  |  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Leases provided. Condition resolved. - XXXX<br> Condition upheld. Provide current rent for all xxxxxx. Provide all leases to support the rental income reflected on the 1003 and used to qualify. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8482527 | 6 of 7 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8XXXX611 | 7 of 7 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8364587 | 1 of 4 | xx/xx/xxxx | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Loan is not eligible for guidelines for XXXX capital. Min FICO is 680, no exception on file. <br>|  | Document Uploaded. - XXXX<br>| Exception approval for FICO below minimum provided - XXXX<br>| 12 months reserves; housing history 0x30x12 months | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8364589 | 2 of 4 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Loan is not eligible for guidelines for XXXX capital. Min FICO is 680, no exception on file. Audited LTV/CLTV/HCLTV exceeds guidelines of 60% with the borrower credit score @ 670. xx<br>|  | Document Uploaded. - XXXX<br>| Exception approval provided for LTV - XXXX<br>| 12 months + reserves; 0x30x12 months | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8364631 | 3 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8364632 | 4 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120354 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8415703 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120354 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8427037 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120354 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8439514 | 3 of 3 | xx/xx/xxxx | Credit | Title Document is Incomplete | Title document is incomplete. The title insurance underwriter's name must be included on the preliminary title report. Please provide a title document that clearly reflects the title underwriter.<br>|  | Document Uploaded. - XXXX<br>| Title documents are fully present - XXXX<br>Title Docs provided. Condition resolved. - XXXX<br>Title Document has been provided. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8554750 | 1 of 8 | xx/xx/xxxx | Credit | Property Title Issue | Property title issue. The title commitment in the file does not reflect the borrower's name and/or vesting after closing. <br>|  | Document Uploaded. - XXXX<br>| Updated title provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8555759 | 2 of 8 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The loan approval notes a management exception, however no exception was located in the file. <br>|  | Please advise what exception is needed based on your review. the exceptions mentioned on the approval are waived - XXXX<br>| Explanation provided. Condition resolved - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8555799 | 3 of 8 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8556355 | 4 of 8 | xx/xx/xxxx | Compliance | Missing Service Provider List | The loan file does not contain the Service Provider List. Service Provider List shows no vendors listed on the disclosure. <br>|  | Document Uploaded. correct. We do not have any affiliated service providers - XXXX<br>| Received SPL - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8557022 | 5 of 8 | xx/xx/xxxx | Compliance | Federal - Section 32 Disclosure Required (High Cost) | This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) Federal High Cost Section 32 disclosure not provided. <br>|  | . - XXXX <br> . - XXXX <br> . - XXXX <br> xx% - XXXX <br> The 2% was excluded since the discount points were bona fide discount points. Reg Z allows the 2% to be excluded since they actually lower the interest rate and the borrower chose to pay the points to get a lower rate. - XXXX <br> Document Uploaded. per attached this is not a HOEPA loan, but is HPML - XXXX <br> This is a purchase of a primary residence. This rule does not apply. - XXXX <br> We acknowledge the file is HPML. The inixxxxxl CD was issued xx/xx/xxxxreflecting xx% APR. Final CD at docs reflects lower APR of xx% - XXXX | Received rate lock pricing and compliance summary report to confirm loan is not high cost. Our system failed to exclude bona fide discount points. - XXXX<br>. - XXXX<br>. - XXXX<br>. - XXXX<br>Please provide the undiscounted or starting adjusted rate for TPR to calculate bona fide discount points. and to evidence the discount points actually lowered the rate - XXXX<br>Per calculation provided, 2% of the discount points were excluded from High Cost testing. Please provide the undiscounted or starting adjusted rate to calculate bona fide discount points. - XXXX<br>Loan Detail report in the file confirms loan is a Federal High Cost loan. Provide the Section 32 Notice. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8557023 | 6 of 8 | xx/xx/xxxx | Compliance | HighCost: APR/FEES | The loan fees (xxxxx) exceed the (FED2014) (Note Amount >=xxxx) fee limit, which is 5% of the Total Loan Amount (xxxxx), the difference is (xxxxx). (12 CFR 1026.32).  |  | Document Uploaded. Lock is attached. - XXXX <br> xx% - XXXX <br> The 2% was excluded since the discount points were bona fide discount points. Reg Z allows the 2% to be excluded since they actually lower the interest rate and the borrower chose to pay the points to get a lower rate. - XXXX <br> Document Uploaded. Also, this loan is HPML , but is not a HOEPA loan based on our calculations attached - XXXX <br> This is a purchase of a primary residence. This rule does not apply. - XXXX <br> We are a non qm lender. we acknowledge the file HPML - XXXX | Received rate lock pricing and compliance summary report to confirm loan is not high cost. Our system failed to exclude bona fide discount points. - XXXX<br> Per compliance summary provided xxxx% was the APOR on the date the rate was locked, which is not lower than note interest rate of xx%. Provide rate lock worksheet detailing the inxxxxxl rate offered before the discount points were applied to lower the rate. - XXXX<br> Please provide the undiscounted or starting adjusted rate for TPR to calculate bona fide discount points. and to evidence the discount points actually lowered the rate - XXXX<br> Per calculation provided, 2% of the discount points were excluded from High Cost testing. Please provide the undiscounted or starting adjusted rate to calculate bona fide discount points. - XXXX<br> Loan Detail report in the file confirms loan is a Federal High Cost loan. Provide the Section 32 Notice. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8557024 | 7 of 8 | xx/xx/xxxx | Compliance | Federal - General Qualified Mortgage Price-Based Limit (First Lien) | The loan's (xxx) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (xx), which is the comparable average prime offer rate of (xx) plus 2.25. The System used the following date to perform the APOR index lookup (xxxx). The system added 2.25 to the comparable APOR because the (xxxx) note amount equals or exceeds (xxxx). The system used an interest rate of (xx) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(A)) Loan is Non-QM. Not HC, bonafide fees not excluded by LM <br>|  |  | Received rate lock pricing and compliance summary report to confirm loan is not high cost. Our system failed to exclude bona fide discount points.<br> - XXXX<br>. - XXXX<br>. - XXXX<br>. - XXXX<br>|  | XXXX | Resolved | 1 | 1 | 4 | 1 |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8560270 | 8 of 8 | xx/xx/xxxx | Credit | Guideline - Federal and/or State High Cost Ineligible per guidelines | Loan is a Federal or State High Cost Loan. . <br>|  | 6.020% - XXXX <br>We acknowledge the loan is HPML - XXXX<br>| Received rate lock pricing and compliance summary report to confirm loan is not high cost. Our system failed to exclude bona fide discount points. - XXXX<br>Please provide the undiscounted or starting adjusted rate for TPR to calculate bona fide discount points. and to evidence the discount points actually lowered the rate - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120421 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8804880 | 1 of 3 | xx/xx/xxxx | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Title cover in file xxxxx which is less than loan amount xxxxx. Supplemental report not located in file. <br>|  | Document Uploaded. Please see attached - XXXX<br>| Title confirmation email provided. Final title is not ready. Coverage is xxxxxx. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120421 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8805210 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120421 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8805221 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120355 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8460848 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120355 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8460849 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120355 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8463569 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120353 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8355892 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120353 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8365204 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120353 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8370276 | 3 of 3 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Missing documentation addressing HOA dues for the primary residence and all other investment properties owned, other than the subject. The letter provided did not address any property other than the subject. <br>|  | Document Uploaded. Please see attached - XXXX<br>| REO docs provided. There are no HOA dues on properties. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120356 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8529167 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120356 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8529172 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120356 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8529635 | 3 of 3 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Subject has an LTV of 68.97%; the maximum LTV is 60% per guidelines. <br>|  | Document Uploaded. - XXXX<br>| Exception provided for LTV of 68.97% with FICO of 720 and loan amount of xxxx on bank statement program - XXXX | 12+ months reserves; high discretionary income; number of years on job; 0x30x12+ housing history | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8712817 | 1 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8712905 | 2 of 4 | xx/xx/xxxx | Credit | Missing Income - Bank Statements | xxxxxx bank statement from xxxxx xxxxx is missing.  |  | Document Uploaded. please see attached - XXXX<br>| Bank Statements provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8717008 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | 8736539 | 4 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guideline allows for 1x30 in 12 months. Borrower has 2x30 and 1x60 <br>|  | Document Uploaded. Please see attached - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>| Low DTI<br> Number of years on job<br> 12+ months reserves<br> High Discretionary Income<br> Number of years in home | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120422 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8795924 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120422 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8799540 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120422 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8804157 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120444 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8873532 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120444 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8873533 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120444 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8877116 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120397 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8457624 | 1 of 3 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Missing a gap credit report or undisclosed debt monitoring report dated within 10 days of the note date <br>|  | Document Uploaded. - XXXX<br>| UDM provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120397 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8481292 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120397 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | 8481296 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8429725 | 1 of 6 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8441364 | 2 of 6 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8441383 | 3 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8455854 | 4 of 6 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8455855 | 5 of 6 | xx/xx/xxxx | Credit | Borrower 2 Gap Credit Report is Missing | Borrower 2 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120350 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8456724 | 6 of 6 | xx/xx/xxxx | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Originator subject PI xxxxx INS xxxxx TAX xxxxx HOA xxxxx debtsxxxxx income xxxxx DTI 49.04%<br> Audit QC subject INT ONLY xxxxx/ PIxxxxx INS xxxxx TAX xxxxx HOA xxxxx debts xxxxx income xxxxx2 DTI with PI 55.74%<br>|  |  | Audited DTI of 43.71% is less than or equal to Guideline DTI of 55% - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120321 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8235018 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120321 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8287655 | 2 of 3 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Guidelines require the gap credit/undisclosed debt monitoring report to be dated no more than 10 days prior to the loan closing or any time after closing. <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120321 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8288760 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120418 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8429674 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120418 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8453150 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120418 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8453154 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120351 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8415256 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120351 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8463136 | 2 of 3 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Guidelines require a gap credit or undisclosed debt monitoring report dated no more than 10 days prior to loan closing or any time after closing. <br>|  | Document Uploaded. - XXXX<br>| UDM provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120351 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8465761 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120389 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8097633 | 1 of 3 | xx/xx/xxxx | Credit | Credit Documentation - Mortgage History | The loan file did not contain sufficient mortgage payment history. Lender to provide mortgage history for xxxxx and proof that mortgage payments made for primary residence for xxxxx and xxxxx xxxxx. <br>|  | Document Uploaded. This is a DSCR loan - the only mortgage we have to verify is the subject property and the borrower's primary residence. We do not need to verify it for xxxxx - XXXX | Docs provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120389 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8099449 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120389 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8099465 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8583610 | 1 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines an exception is required for a Foreign National Cash-Out Refinance transaction. A formal exception is on file but is invalid due to incorrect loan amount (xxxxxand interest rate of xxxxx). Provide the updated exception reflecting a loan amount of xxxxx and an interest rate of xxxxx. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Exception approval provided. Condition waived. - XXXX<br>Condition upheld. Exception provided is missing 2 compensating factors. - XXXX<br>| LTV 5% under max<br> Reserves 4 months greater than program requirement | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8583823 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8583893 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8584161 | 4 of 4 | xx/xx/xxxx | Credit | HO-6 Insurance Policy is Missing | HO-6 insurance policy is missing. Invoice provided documenting a HO6 premium of xxxxx. Provide H06 Dec page supporting this premium. <br>|  | Document Uploaded. - XXXX <br> Document Uploaded. page 431 of the loan package uploaded is the HO6 policy, I have uploaded it again for you - XXXX <br> Document Uploaded. - XXXX | HO-6 Insurance Policy was provided. Condition resolved. - XXXX<br>Condition upheld. HO6 Master policy provided. Provide borrower personal (walls in) H06 Dec page. - XXXX<br>Condition upheld. Invoice provided. Provide H06 Dec page. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8364952 | 1 of 5 | xx/xx/xxxx | Credit | Borrower 1 Executed 4506-T Missing | Borrower 1 Executed 4506-T missing from the file. <br>|  | Document Uploaded. - XXXX <br>Document Uploaded. - XXXX<br>| Executed 4506-T provided. Condition resolved. - XXXX<br>Condition upheld. Executed 4506-T provided is missing the years requested. Section 8 is blank. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8383999 | 2 of 5 | xx/xx/xxxx | Credit | Hazard Insurance Coverage is less than all Subject Lien(s) | Hazard Insurance Coverage Amount of xxxxx is less than Total Amount of Subject Lien(s) of xxxxx  |  | Document Uploaded. - XXXX<br>| Hazard insurance provided with RC amount. Condition resolved. - XXXX<br>Condition upheld. Provide replacement cost estimator. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8385199 | 3 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8409851 | 4 of 5 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8411490 | 5 of 5 | xx/xx/xxxx | Compliance | The Final 1003 is Missing | The final 1003 is missing. <br>|  | Document Uploaded. - XXXX<br>| The final 1003 has been provided. - XXXX<br>Final 1003 provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8255383 | 1 of 5 | xx/xx/xxxx | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. High alerts shown on the fraud report that have not been cleared. <br>|  | Document Uploaded. - XXXX<br>| Cleared fraud report provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8255384 | 2 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8262273 | 3 of 5 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8265646 | 4 of 5 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8266575 | 5 of 5 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Please provide supporting documentation for REO xxxxx and xxxxxto verify xxxxx, Mortgage statement, HOI, , Taxes, and HOA <br>|  | Document Uploaded. Removed xxxxx- in the name of the LLC - see address letter and fraud report page 16. Added a proof of HOI, taxes and no HOA for xxxxxnew 1008 and 1003 have been provided with the addition of the xxxxx as well as removal of the other property. - XXXX | HOI, taxes and updated 1008 provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8191817 | 1 of 4 | xx/xx/xxxx | Credit | Borrower 2 Executed 4506-T Missing | Borrower 2 Executed 4506-T missing from the file. Guidelines require for wage earner. <br>|  | Document Uploaded. - XXXX<br>| Executed 4506-T provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8193180 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8207580 | 3 of 4 | xx/xx/xxxx | Compliance | XXXX - Fees Allowed (Lender)(01/10) | The xxxxx Consumer Loan Act prohibits any fee other than a Loan Origination Fee, Loan Discount, or Commitment (Rate Lock) Fee to be paid by the Borrower to the Lender. (RCW 31.04.105(2); WAC 208-620-555; WAC 208-620-560(6)) The closing disclosure shows a fee for underwriting. <br>|  |  | &nbsp;&nbsp;&nbsp;&nbsp;- XXXX<br>Underwriting Fee is a Loan Origination Fee. - XXXX<br>|  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8207581 | 4 of 4 | xx/xx/xxxx | Compliance | XXXX - Discount Points | The xxxxx Administrative Code requires the discount points actually lower the rate. The note rate (xxxxx) is not lower than the undiscounted rate (0.0%). WAC 208-620-555(3)(e). I was unable to locate proof of the rate being bona fide. <br>|  | Document Uploaded. Please see document attached. This document shows the undiscounted rate on the loan of xx%. The discount points on the loan lowered the rate from xx% to xx%. - XXXX | Discounted Rate provided - XXXX<br>- XXXX<br>Underwriting Fee is a Loan Origination Fee. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120346 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8366585 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120346 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8366597 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120346 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8366600 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8344773 | 1 of 6 | xx/xx/xxxx | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. Unable to locate 3rd party VOE prior to close. <br>|  | Document Uploaded. - XXXX<br>| VOE provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8345384 | 2 of 6 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Unable to locate Gap Credit Report. <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8345385 | 3 of 6 | xx/xx/xxxx | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Borrower is living rent free for primary residence. However, unable to locate REO's 12 months documentation. <br>|  | Document Uploaded. - XXXX<br>| Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXXX<br> REO docs provided. Property just closed xx/xx/xxxx. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8346797 | 4 of 6 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8346875 | 5 of 6 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Unable to locate sufficient documentation for property at xxxxx to confirm monthly payments. <br>|  | see other cond for documents - dupe cond - XXXX<br>| REO docs provided. Property just closed xx/xx/xxxx. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8355526 | 6 of 6 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120390 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8585635 | 1 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120390 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8585637 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120390 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8585638 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8312614 | 1 of 8 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| Borrower 1 Gap Credit Report is not missing. - XXXX<br>GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8312615 | 2 of 8 | xx/xx/xxxx | Credit | Borrower 2 Gap Credit Report is Missing | Borrower 2 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX<br>| Borrower 2 Gap Credit Report is not missing. - XXXX<br>GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8313785 | 3 of 8 | xx/xx/xxxx | Credit | Assets - Earnest Money Deposit | The earnest money deposit was not properly documented and/or sourced. Lender to provide proof EMD in the amount of xxxxx came form the borrower's own funds. <br>|  | Document Uploaded. The EMD was backed out, Borrower has more than enough funds to close without the EMD. Please see attached PCCD removing the EMD. - XXXX <br>Document Uploaded. Please see attached updated 1003 removing the EMD. - XXXX<br>| PCCD removing the EMD provided. Condition resolved. - XXXX<br> Condition upheld. CD reflects a deposit of xxxxxx Provide proof EMD in the amount of xxxx came form the borrower's own funds. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8313931 | 4 of 8 | xx/xx/xxxx | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Document Uploaded. - XXXX<br>| Approval/Underwriting Summary provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8314027 | 5 of 8 | xx/xx/xxxx | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. - XXXX<br>| Cleared fraud report provided. Condition resolved. - XXXX<br>3rd party fraud report provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8314038 | 6 of 8 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8314044 | 7 of 8 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8386136 | 8 of 8 | xx/xx/xxxx | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. Report shows alerts that have been addressed/cleared. <br>|  | Document Uploaded. - XXXX<br>| Cleared fraud report provided. Condition resolved - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | 4350120387 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8547590 | 1 of 4 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). <br>|  | Document Uploaded. - XXXX<br>| GAP CR provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120387 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8550502 | 2 of 4 | xx/xx/xxxx | Property | Value - Field Review Supports Value within 10% | A Retro-Field Review was performed. The original appraised value is supported with a variance within 10%. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120387 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8554211 | 3 of 4 | xx/xx/xxxx | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. <br>|  | Document Uploaded. - XXXX<br>| Docs provided. Prior term policy was in file. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120387 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556711 | 4 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120411 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 8608982 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120411 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 8609036 | 2 of 3 | xx/xx/xxxx | Credit | Credit Profile - Mortgage/Rental Lates | The loan file verified mortgage/rental lates which exceeded guidelines. The guidelines require a mortgage tradeline history of 0x30x12; however, the credit report reflects 1x30. A formal exception is documented in the file.<br>|  |  |  | The loan DTI = <5%.<br> The borrowers Residual Income = xxxxxx per month.<br> The borrower has been in the same industry 5+ yrs. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | 4350120411 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 8623265 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | 4350120435 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8633011 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120435 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8635814 | 2 of 3 | xx/xx/xxxx | Compliance | Charges That Cannot Increase Test (50001251) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). There is no valid detailed changed circumstance record in file to support the increase in Loan Points reflected on the Final CD issued xxxxx; previously disclosed fee was xxxxx and increased to xxxxx <br>|  | Document Uploaded. COC uploaded - XXXX<br>| Received CIC for the increased fee - XXXX<br>- XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120435 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 8637028 | 3 of 3 | xx/xx/xxxx | Credit | Missing letter of explanation | All but one account used for documented assets for funds to close and reserve requirements come from the LLC bank accounts where borrower is a business co-owner. Guidelines require, when using business assets, a borrower explanation of the impact of any withdrawal from the business accounts on the operations and profitability of the business (letter from CPA verifying the business cash flow and health). CPA letter provided does not address this matter. <br>|  | Document Uploaded. - XXXX<br>| CPA letter provided. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120450 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8901410 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120450 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8901415 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120450 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8906099 | 3 of 3 | xx/xx/xxxx | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Guidelines require coverage equal to the loan note amount. The title insurance coverage is xxxxx<br>|  | Document Uploaded. Title commitment uploaded showing total loan amount - XXXX<br>| Title coverage amount of xxxxxxx is equal to or greater than total amount of subject lien(s) xxxxxxxx+0+0 - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8555217 | 1 of 8 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556232 | 2 of 8 | xx/xx/xxxx | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. exception to CLTV in file <br>|  |  | Approved Exception provided for 80% LTV/CLTV. - XXXX<br>| DSCR >1.1, PPP for 3 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556233 | 3 of 8 | xx/xx/xxxx | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. <br>|  |  | Approved Exception provided for 80% LTV/CLTV. - XXXX<br>| DSCR > 1.1, PPP for 3 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556234 | 4 of 8 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. <br>|  |  | Exception provided to use 80% LTV/CLTV - XXXX<br>| DSCR >1.1, PPP for 3 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556454 | 5 of 8 | xx/xx/xxxx | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  |  | Policy has replacement cost coverage. - XXXX<br>|  | XXXX | Resolved | 1 | 1 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8556496 | 6 of 8 | xx/xx/xxxx | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. exception to waive cda - XXXX <br>Document Uploaded. Attached CO. It indicates the property is allowed as 2 houses plus 2 ADUs. This is essenxxxxxlly a new build which is why the AVM isn't reflecting the updated value yet.<br> Although the narrative report's form type shows single family rentals, the summary clearly explains it is a newly built single family rental property consisting of 4 units totaling XXXX SF. The appraisal also supported the value using 4 unit comps/analysis.<br> This was also submitted with the exception request and XXXX had approved it. - XXXX <br>CDA not needed as the appraisal report provided is a property narrative report which provides more details. - XXXX<br>| CDA provided, value is supported, it should be noted the prior third party product was not in support as this is a new build, the prior was the land only value. - XXXX<br> Document Uploaded. - XXXX<br> Approved exception provided waiving CDA, the loan will not be able to be securitized as there is no secondary valuation product to support the value at origination. - XXXX<br> Condition upheld. Appraisal provided is acceptable, however a third party valuation is still required to support the value. - XXXX<br> Condition upheld. The Narrative Report states the property is an SFR, which it is not. It is 4 units. The Narrative Report is not an Approved Appraisal Report per Guidelines. The AVM has a value of xxxxxx. - XXXX | Qualifying DSC > 1.1 and 0.1x > minimum, PPP > 3 years. | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8704077 | 7 of 8 | xx/xx/xxxx | Credit | Missing Lease Agreement |  |  |  | Approved exception in file for subject being vacant and no lease agreement. - XXXX<br>| DSCR >1.1, PPP for 3 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 9030673 | 8 of 8 | xx/xx/xxxx | Property | Appraisal - Miscellaneous | The subject appraisal reflected issues. Commerical appraisal was used; exception provided. <br>|  |  | Exception provided. - XXXX<br>| Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline<br> minimum, Monthly reserves is verified AND at least 4 months more than guideline<br> minimum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8866512 | 1 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8873175 | 2 of 4 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Approved Exception granted for loan amount xxxxx under minimum of xxxxx<br>|  |  |  | Qualifying DSCR ≥ 1.1x and 0.1x ≥ minimum Prepayment Penalty ≥ 3 years | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8873227 | 3 of 4 | xx/xx/xxxx | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. Provide subject hazard insurance policy from xxxxx xxxxx <br>|  | Document Uploaded. - XXXX<br>| HO-6 and Master Policy provided. Condition resolved. - XXXX<br>Hazard Insurance Policy was provided. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8875145 | 4 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120445 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8820708 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120445 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8820710 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120445 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8822892 | 3 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Missing evidence the borrower has owned property prior to this purchase transaction. If the borrower is a first time home buyer, the maximum LTV is 70%; subject's LTV is 80%. <br>|  | Document Uploaded. borrower is not a first time home buyer. see attached other closed loan. - XXXX<br>| Evidence Borrower purchased an investment property on xx/xx/xxxx was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8821703 | 1 of 5 | xx/xx/xxxx | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. Unable to locate fraud report. <br>|  | Document Uploaded. attached again. this was in the latter pages of the fraud report pdf earlier. alerts cleared. - XXXX <br>Document Uploaded. - XXXX<br>| Cleared Fraud Report provided. Condition resolved. - XXXX<br>Third party fraud report is provided - XXXX<br>Condition upheld. Fraud Alert provided has numerous HIGH alerts that are not cleared. Provided cleared Fraud Report. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8821717 | 2 of 5 | xx/xx/xxxx | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8830060 | 3 of 5 | xx/xx/xxxx | Credit | Audited LTV Exceeds Guideline LTV | The loan was approved with an LTV of 75%. The maximum LTV on a cashout refinance when the DSCR is greater than 1 is 70%. A formal exception is located in the loan file, but references a DSCR of 1.109, but the audited DSCR is 1.048 due to HOA dues not being included in the PITIA. Please provide the updated exception approval Audited LTV exceeds guideline LTV. <br>|  | Document Uploaded. - XXXX<br>| Approved exception in file for using 75% LTV. - XXXX<br>| DSC > 1.1 and 0.1 x . minimum, FICO > 740 and 20 points higher than minimum, PPP . 3 years. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8830091 | 4 of 5 | xx/xx/xxxx | Credit | Missing Lease Agreement | The transaction is a cashout refinance of an investment property, which is vacant. Per guidelines, If the property is vacant, the borrower must provide a Letter of Explanation (LOE) outlining the reason for vacancy and obtain an internal exception. The formal exception is located in the loan file, but references a DSCR of 1.109. The audited DSCR is 1.048. Also, the letter of explanation is missing. Please provide the updated exception and letter of explanation. <br>|  | Document Uploaded. - XXXX<br>| Approved Exception in file for subject being vacant and waiving Lease Agreement. - XXXX<br>| DSC > 1.1 and 0.1 x . minimum, FICO > 740 and 20 points higher than minimum, PPP . 3 years. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 8873513 | 5 of 5 | xx/xx/xxxx | Credit | Program Parameters - Occupancy | The subject loan does not meet program parameters for occupancy. Subject property is vacant. <br>|  |  | Approved Exception in file for subject being vacant and waiving Lease Agreement. - XXXX<br>| DSC > 1.1 and 0.1 x . minimum, FICO > 740 and 20 points higher than minimum, PPP . 3 years. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8865169 | 1 of 4 | xx/xx/xxxx | Credit | Title Document Missing | Title document is missing. Title commitment referencing an effective date with lender coverage amount was not provided. <br>|  | This is a co-op file. There is no schedule A. - XXXX<br>| Subject is a Co-Op. There is no Title. Stock Cert is in file. Condition resolved. - XXXX<br>Title document is fully present - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8866688 | 2 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8866693 | 3 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8873043 | 4 of 4 | xx/xx/xxxx | Credit | Title - Ownership Issue | Title documents provided in the loan file reflected potential ownership issues. Missing executed transfer deed (Grant Deed, Warranty Deed, etc.) vesting borrower to the subject property. Purchase transaction. <br>|  | this is a co-op file. There is no deed. Stock certificate was provided. - XXXX<br>| Subject is a Co-Op. Stock Cert in file. Condition resolved. - XXXX<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |

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## Exhibit 99.23

**Exhibit 99.23**

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

![](ex99_003.jpg)

Client COLT 2026-4 <br> Transaction COLT 2026-4 <br> Date 05/05/2026

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| XXXX | 4350120417 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350120360 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120362 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120359 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120398 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120419 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120361 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120363 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 A |
| XXXX | 4350120399 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120402 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120424 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120423 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120384 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120382 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350120383 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx | 4 | 2 | 3 | 1 | 4 | 1 | 2 | 2 D B C A |
| XXXX | 4350120358 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120443 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120333 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120374 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120329 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120373 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120381 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A D |
| XXXX | 4350120344 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120372 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120339 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120337 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120330 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120364 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | 4350120368 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120425 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120338 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120345 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120386 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120378 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120331 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120342 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | 4 | 2 | 2 | 2 | 1 | 1 | 4 | 1 D B A |
| XXXX | 4350120340 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120437 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120327 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120336 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120410 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | 4350120365 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120335 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120341 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120380 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120434 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120379 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120401 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120400 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A D |
| XXXX | 4350120332 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120427 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 3 | 1 | 1 | 1 | 4 | 1 D A C |
| XXXX | 4350120369 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 1 | 1 | 3 | 1 | 4 | 1 D A C |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120431 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120429 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120370 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120409 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120371 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120426 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | 4 | 2 | 3 | 2 | 1 | 1 | 4 | 1 D B C A |
| XXXX | 4350120438 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120413 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120396 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120349 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120393 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120394 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120392 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120442 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 D B A |
| XXXX | 4350120416 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 2 B A |
| XXXX | 4350120415 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120395 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120326 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120414 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120441 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | 4350120412 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120348 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120433 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx | 4 | 2 | 4 | 2 | 3 | 1 | 1 | 1 D B C A |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120354 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | 4350120421 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120355 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120353 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120356 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120422 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120444 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120397 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120350 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120321 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120418 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120351 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120389 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120346 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120390 |  |  | xx/xx/xxxx | xxxxx | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | 4350120387 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120411 |  |  | xx/xx/xxxx | xxxxx | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | 4350120435 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 4350120450 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120445 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |

---

## Exhibit 99.24

**Exhibit 99.24**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350120417 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120360 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120362 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120359 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 68.97 | 68.97 | xxxxx | xxxxx | xxxxx | 1004 URAR |  |  |  |  | xxxxx | xxxxx | 0.0086 | xx/xx/xxxx | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120398 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120419 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | -0.0009 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120361 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.2821 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120363 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120399 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 68.82 | 68.82 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.0427 | 89 | 0.11 | xxxxx | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120402 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 4350120424 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 50.36 | 50.36 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120423 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 68.14 | 68.14 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.0039 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120384 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 45 | 45 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120382 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120383 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120403 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 2090 Individual Coop Report | xxxxx | xxxxx | xxxxx | 52.78 | 52.78 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120358 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 61.22 | 61.22 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120443 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 44.87 | 44.87 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120333 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 39.26 | 39.26 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350120374 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350120385 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120343 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 69.04 | 69.04 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120329 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 54.58 | 54.58 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.0404 | 80 | 0.2 | xxxxx | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120373 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 42.79 | 42.79 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.1002 | 82 | 0.18 | xxxxx | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120381 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 79.1 | 79.1 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120344 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120366 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350120372 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 29.82 | 29.82 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350120339 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 4350120337 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 35.92 | 35.92 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120330 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120364 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 48.99 | 48.99 | xxxxx | xxxxx | xxxxx | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120368 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 61.9 | 61.9 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120425 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | -0.03 | 97 | 0.03 | xxxxx | xxxxx | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 4350120338 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120345 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 69.63 | 69.63 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120386 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 67.74 | 67.74 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120378 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120331 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 55.97 | 55.97 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120342 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 67.66 | 67.66 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120323 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120322 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120375 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 60 | 60 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120340 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | 4350120367 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 60 | 60 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 4350120437 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 55 | 55 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120327 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 69.55 | 69.55 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120439 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 29.5 | 29.5 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | 4350120336 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 35.29 | 35.29 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120410 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120365 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120328 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | 4350120335 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 55.88 | 55.88 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120341 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | 4350120380 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 64.28 | 64.28 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120434 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 74 | 74 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120379 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 50 | 50 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120401 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 49.93 | 49.93 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | 4350120400 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 60 | 60 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120332 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 69.97 | 69.97 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120404 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | AVM |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | -0.0231 | 81 | 0.19 | xxxxx | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | -1 | xxxxx | Indeterminate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120427 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120405 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 50 | 50 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120369 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120407 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120430 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | AVM |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.0222 | 92 | 0.08 | xxxxx | xxxxx | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120428 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 4350120431 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | -0.3219 | 50 | 0.5 | xxxxx | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | -0.0605 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120432 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120429 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | -0.0605 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120370 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | AVM |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0.0035 | 94 | 0.06 | xxxxx | xxxxx | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120436 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120406 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120409 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120371 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120426 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120408 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120438 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120391 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX Eligible | 1 | XXXX |
| XXXX | 4350120413 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120396 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120349 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 69.82 | 69.82 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |
| XXXX | 4350120393 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | 4350120394 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 49.84 | 49.84 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 4350120392 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 69.86 | 69.86 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120442 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 50.85 | 50.85 | xxxxx | xxxxx | xxxxx | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120416 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 57.65 | 57.65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120415 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120395 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120326 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 85 | 85 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120414 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 65 | 65 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120441 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 47.3 | 47.3 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120412 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 44.23 | 44.23 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120348 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 63.44 | 63.44 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120433 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120376 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120357 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 42.55 | 42.55 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120352 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 73.08 | 73.08 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120354 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 45.87 | 45.87 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120377 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 90 | 90 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120421 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 74.46 | 74.46 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120355 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120353 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 67.69 | 67.69 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120356 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 68.97 | 68.97 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | LOW RISK | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120420 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120422 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | LOW RISK | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120444 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120397 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 79.09 | 79.09 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX Eligible |  |  |
| XXXX | 4350120350 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2.8 | XXXX |
| XXXX | 4350120321 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 49.47 | 49.47 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120418 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 56.67 | 56.67 | xxxxx | xxxxx | xxxxx | 1004 URAR |  |  |  |  | xxxxx | xxxxx | 0.1111 | xx/xx/xxxx | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350120351 | xxxxx |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120389 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 59.16 | 59.16 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120440 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 47.5 | 47.5 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | 4350120347 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75.45 | 75.45 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120324 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120388 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120346 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120325 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | 4350120390 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 71.7 | 71.7 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350120334 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120387 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120411 |  | xxxxx | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 85 | 85 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120435 | xxxxx |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120450 |  | xxxxx | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120447 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | Appraisal Narrative | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Moderate Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120449 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1073 Individual Condo Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120445 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 1025 Small Residential Income Report | xxxxx | xxxxx | xxxxx | 80 | 80 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120446 |  |  | xx/xx/xxxx | xxxxx |  | xxxxx | xxxxx | xx/xx/xxxx | 1004 URAR | xxxxx | xxxxx | xxxxx | 75 | 75 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low Risk | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120448 |  |  | xx/xx/xxxx | xxxxx | xxxxx | xxxxx | xxxxx | xx/xx/xxxx | 2090 Individual Coop Report | xxxxx | xxxxx | xxxxx | 70 | 70 | xxxxx | xxxxx | xxxxx | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxx | xxxxx | 0 | xxxxx | Low | xx/xx/xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.25

**Exhibit 99.25**

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350120333 |  | xxxxx | xxxxx | Amortization Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Amortization Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120444 |  |  | xxxxx | Amount of Other Lien | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | B1 Country Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | B1 Country Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120329 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120337 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120425 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120342 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120336 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120341 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120428 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120429 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120436 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120438 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120446 |  |  | xxxxx | Borrower 1 Citizen | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Borrower 1 Employer 1 Years in Line of Work | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Borrower 1 Ethnicity Visual Observation or Surname | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120376 |  |  | xxxxx | Borrower 1 FTHB | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120354 |  |  | xxxxx | Borrower 1 FTHB | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120321 | xxxxx |  | xxxxx | Borrower 1 How was title held? | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120360 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120362 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120398 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120419 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120358 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120333 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120381 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120392 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120450 |  | xxxxx | xxxxx | Borrower 1 Last Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120366 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120339 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120337 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120342 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120437 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120336 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120335 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120341 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120369 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120429 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120436 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120371 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120449 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120445 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120446 |  |  | xxxxx | Borrower 1 Qualifying Income | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120402 | xxxxx |  | xxxxx | Borrower 1 Self-Employment Flag | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120407 |  |  | xxxxx | Borrower 1 Self-Employment Flag | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Borrower 1 Years in Current Home | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Borrower 2 Employer 1 Years in Line of Work | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Borrower 2 Years in Current Home | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120398 |  | xxxxx | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120374 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120329 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120366 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120339 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120368 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120338 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120322 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120410 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120365 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120335 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120401 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120332 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120427 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120428 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120436 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120352 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120440 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120347 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120449 |  |  | xxxxx | Calculated DSCR | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120344 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120331 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120400 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120332 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120326 |  | xxxxx | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120441 |  | xxxxx | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120357 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120352 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120354 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120421 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120355 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120353 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120444 |  |  | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120387 |  | xxxxx | xxxxx | Final Reviewed QM Status | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120402 | xxxxx |  | xxxxx | Interest Rate | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120366 |  |  | xxxxx | Interest Rate | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120338 |  |  | xxxxx | Interest Rate | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Interest Rate | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120374 |  |  | xxxxx | Is the Condo Project warrantable | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120385 |  |  | xxxxx | Is the Condo Project warrantable | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120366 |  |  | xxxxx | Is the Condo Project warrantable | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Is the Condo Project warrantable | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120368 |  |  | xxxxx | Loan Amount | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120410 |  |  | xxxxx | Loan Amount | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120430 |  |  | xxxxx | Loan Amount | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120393 |  | xxxxx | xxxxx | Loan Amount | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Loan Origination Application Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120379 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120392 |  | xxxxx | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120416 |  | xxxxx | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120326 |  | xxxxx | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120441 |  | xxxxx | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120354 |  |  | xxxxx | Loan Program | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120395 |  | xxxxx | xxxxx | Loan Program Version Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120360 |  | xxxxx | xxxxx | Loan Purpose | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120386 |  |  | xxxxx | Loan Purpose | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120416 |  | xxxxx | xxxxx | Loan Purpose | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120441 |  | xxxxx | xxxxx | Loan Purpose | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120376 |  |  | xxxxx | Loan Purpose | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120402 | xxxxx |  | xxxxx | Loan Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Maturity Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120391 |  |  | xxxxx | Note Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120348 |  |  | xxxxx | Note Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Number of Mortgaged Properties | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120411 |  | xxxxx | xxxxx | Occupancy | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120330 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120405 |  |  | xxxxx | Prepayment Penalty Calculation | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120400 |  |  | xxxxx | Prepayment Penalty Flag | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120360 |  | xxxxx | xxxxx | Prepayment Penalty Total Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120444 |  |  | xxxxx | Primary Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120347 |  |  | xxxxx | Primary Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120360 |  | xxxxx | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120362 |  | xxxxx | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120373 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120425 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120336 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120405 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120369 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120355 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120420 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120325 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120445 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120448 |  |  | xxxxx | Property Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120402 | xxxxx |  | xxxxx | Proposed First Mortgage P&I | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed First Mortgage P&I | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed Hazard Insurance | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed HOA | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed HOA | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed Housing Expense | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed Housing Expense | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120402 | xxxxx |  | xxxxx | Proposed Mortgage Insurance | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed Mortgage Insurance | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed Other | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed Other | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed Other Financing P&I | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed Other Financing P&I | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Proposed Real Estate Taxes | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120418 | xxxxx |  | xxxxx | Proposed Real Estate Taxes | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120324 |  |  | xxxxx | Qualifying Amortization Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120333 |  | xxxxx | xxxxx | Qualifying CLTV | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120347 |  |  | xxxxx | Qualifying CLTV | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120362 |  | xxxxx | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120424 |  | xxxxx | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120349 |  | xxxxx | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120376 |  |  | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120357 |  |  | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120355 |  |  | xxxxx | Qualifying FICO | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120333 |  | xxxxx | xxxxx | Qualifying LTV | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120347 |  |  | xxxxx | Qualifying LTV | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120378 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120379 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120401 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120400 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120442 |  | xxxxx | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120415 |  | xxxxx | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120441 |  | xxxxx | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120433 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120376 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120357 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120352 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120377 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120355 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120353 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120420 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120422 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120324 |  |  | xxxxx | Qualifying Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120435 | xxxxx |  | xxxxx | Qualifying Total Reserves Number of Months | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120350 | xxxxx |  | xxxxx | Refinance Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120321 | xxxxx |  | xxxxx | Refinance Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120374 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120329 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120373 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120366 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120339 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120337 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120330 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120368 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120425 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120338 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120342 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120323 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120437 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120439 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120336 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120410 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120365 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120335 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120341 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120427 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120405 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120369 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120407 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120428 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120432 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120429 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120370 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120436 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120409 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120371 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120426 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120408 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120449 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120446 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120448 |  |  | xxxxx | Reviewed Appraised Property Value | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120344 |  |  | xxxxx | Reviewed Total Debt Income Ratio | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120360 |  | xxxxx | xxxxx | Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120368 |  |  | xxxxx | Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120410 |  |  | xxxxx | Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120395 |  | xxxxx | xxxxx | Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120356 |  |  | xxxxx | Term | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120387 |  | xxxxx | xxxxx | Underwriting Guideline Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120384 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120343 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120329 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120372 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120339 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120330 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120364 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120342 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120375 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120437 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120327 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120328 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120369 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120429 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120447 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120449 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120446 |  |  | xxxxx | Underwriting Guideline Product Name | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120411 |  | xxxxx | xxxxx | Underwriting Guideline Version | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120384 |  |  | xxxxx | Underwriting Guideline Version Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120358 |  | xxxxx | xxxxx | Underwriting Guideline Version Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120411 |  | xxxxx | xxxxx | Underwriting Guideline Version Date | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120331 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120379 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120441 |  | xxxxx | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120354 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120324 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120388 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |
| XXXX | 4350120390 |  |  | xxxxx | Verified Doc Type | xxxxx | xxxxx | xxxxx | xxxxx |

---

## Exhibit 99.26

**Exhibit 99.26**

![](ex9926001.jpg)

COLT 2026-4<br>Lone Star Residential Acquisitions, LLC.<br>

Opus Capital Markets Consultants, LLC

5718 Westheimer Road, Suite 1000 \| Houston, TX 77057 \| <u>www.opuscmc.com</u> \| 224.632.1300

Narrative – COLT 2026-4

**Executive Narrative**

**May 5, 2026**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

The report summarizes the results of a due diligence review performed on a pool of twenty-five (25) loans, of which were purchased by Lone Star Residential Acquisitions, LLC. ("Customer") from an originator (the "Originator") who is a client of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed compliance and credit review of all loans.

detailed herein, the pool contains six (6) Non-QM loans and nineteen (19) ATR/QM Exempt loans, of which thirteen (13) are DSCR loans and six (6) are Business Purpose loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as
 specified by the Client. In lieu of specific requirements, Consultant should consider
 Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements
 of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and
 asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as
 used by the original loan underwriter at origination to determine compliance with the
 Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided
 underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by
 the loan underwriter at origination to determine compliance with Client provided underwriting
 guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the
 loan for integrity of comparable sales, completeness of data, eligibility of the appraiser
 and reasonableness of estimated value. Review the appraisal to determine the appraisal(s)
 meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value
 ratio were accurate at origination and meet Client provided underwriting guideline and
 regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate
 credit depth to comply with the Client provided underwriting guideline requirements.

Narrative – COLT 2026-4

&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client
 provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented
 and reasonable.

**Document Review**

**Document Review**

A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:<br>

**a) Collateral Docs**

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs**

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

**c) Credit Docs**<br>

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

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

Narrative – COLT 2026-4

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance**

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The
 "material"<sup>1</sup> disclosure requirements of the federal Truth-in-Lending
 Act ("TILA"), as amended by the Home Ownership and Equity Protection Act
 ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented
 by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced
 Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure
 provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented
 by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA
 Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance
 with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For
 Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 review of the Notice of Right to Cancel, including a verification of the transaction
 date and expiration date, ensuring proper execution of the Notice of Right to Cancel
 by all required parties, verifying the disbursement date and determining if a full three
 (3) day rescission period was adequately provided to the borrower(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This
 review is also to be performed on transactions that are exempt from the rescission requirement
 but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A
 condition must be placed if the transaction is a refinance by the original creditor and
 the borrower was provided the Form H-8 rescission notice. Consultant will note in the
 condition whether there was a new advance that is subject to rescission per TILA/Regulation
 Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the initial TIL disclosure and final TIL disclosures were provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 and compare the initial and final TIL, and any re-disclosed TIL(s), with a report outlining
 any TILA violations, including a recalculation of disclosed finance charge, proper execution
 by all required parties, principal and interest calculations, proper completion of the
 interest rate and payment summary,

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

Narrative – COLT 2026-4

recalculation of disclosed APR, and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the initial Loan Estimate (LE) was delivered within three (3) business days of application
 and seven
(7) business days prior to consummation in accordance with Client's Underwriting Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 the required sections of each LE to ensure they were populated in accordance with the
 TRID

Rules. (If the file reflects more than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and 10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Review
 the required sections of each CD to ensure they were populated in accordance with the
 TRID business
days prior to consummation;

Rules. (Any fee tolerance issues to be cured at closing or within 60 days of loan consummation.)

2. Section
 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603
 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the
 TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended
 from time to time.

3. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution;

4. Confirmation
 that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer
 Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice
 to Home Loan Applicant;

5. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability
 to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages
 (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified
 mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201
 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and
 Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f))
 In accordance with "Ability to Repay and Qualified Mortgage Review" description
 below;

6. The
 Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented
 by Regulation Z, 12 C.F.R 1026.36;

7. The
 requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R.
 1026.35;

8. The
 appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as
 implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The
 counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k)
 and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The
 escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35,
 and Regulation X, 12 C.F.R 1024.17, respectively;

11. The
 disclosure requirements and prohibitions of any applicable state, county and municipal
 laws and ordinances, as amended, that have been enacted to regulate so-called "predatory
 lending":

12. Consultant
 shall confirm that any mortgage property located in an area identified on a flood hazard
 map or flood insurance rate map issued by the Federal Emergency Management Agency as
 having special flood hazards is subject to a qualified flood insurance policy that appears
 to be is in effect.

13. For
 any loans designated as TILA exemption, Consultant shall review the loan file for evidence
 that the primary purpose of the loan was for commercial or business purposes, including,
 but not limited to a business purpose certification.

14. Documentation.
 Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final
 HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan is in an escrow state, the HUD-1 will be considered final as follows:

Narrative – COLT 2026-4

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1
 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There
 should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1
 is signed by all parties (including closing agent) or stamped certified by the closing
 agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If
 HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent;
 if the stamp does not contain the signature or initials, it must identify the name of
 the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final
 Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Loan Estimate in will be considered delivered based on the date issued, subject to the
 three-day mailing rule unless the file contains documentation indicating earlier receipt.
 The loan file may contain one or more Loan Estimates with the latest one provided up
 until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing
 Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Closing Disclosure in the loan file will be considered delivered based on the date issued,
 subject to the three-day mailing rule unless the file contains documentation indicating
 earlier receipt. The loan file may contain one or more Closing Disclosures with the latest
 one provided up until the consummation date being considered the Final with any delivered
 post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice
 of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial
 TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good
 Faith Estimate ("GFE"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed
 of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA
 disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third
 Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third
 party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing
 Disclosure, must be shown as paid to the third-party provider. A condition must be set
 if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT
 will condition for evidence in the file indicating that a charge on the HUD-1/Closing
 Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the
 face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure).
 Variations of less than $1 are deemed to be within reasonable limits and are not to be
 reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any
 refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing
 Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1.  **<u>For Agency Eligible Loans Only</u>** : Consultant reviews applicable loans for compliance
 with the Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R.
 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM, Rebuttable
 Presumption QM, Exempt). Consultant determines the loan's status under the QM rule
 requirements and assigns a due diligence loan designation. Consultant notes as a material
 exception if the due diligence findings do not confirm the same loan designation. Additionally,
 Consultant notes if a loan designation was not provided. Consultant will verify if each
 loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan
 is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under
 § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender
 determination of QM and indicating factors in its ability-to-repay determination, including
 how the originator applied its policies and procedures in verification. For loans applications
 taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements
 of the revised general QM definition effective March 1, 2021.

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2. For
 loans for which applications were received prior to July 1, 2021, if a loan was designated
 as QM and identified as eligible for guarantee, purchase, or insurance by an applicable
 agency as permitted under the QM final rule, Consultant reviews the loan to determine
 whether, based on available information in the loan file the loan satisfied (i), (ii)
 and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System
 output within the file to confirm agency eligibility.

3.  **<u>For Non-Agency Eligible Loans</u>** : Consultant reviews applicable loans for compliance
 with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set
 forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For
 QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether,
 based on available information in the loan file: (i) the loan contains risky loan features
 and terms (e.g. an interest only feature or negative amortization), (ii) the "points
 and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated
 appropriately. Consultant reviews to the applicable consider and verify requirements
 under the QM rule depending on whether the QM was originated under the original general
 QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 each QM designated loan that satisfied the applicable requirements enumerated above,
 Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by
 comparing the loan's actual annual percentage rate, as recalculated, to the applicable
 average prime offer rate plus a certain percentage. For QM designated loans originated
 under the revised general QM definition effective March 1, 2021, Consultant also determines
 whether the loan exceeds the pricing thresholds for QM loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ability to repay portion of the review for non-agency eligible loans only will focus
 on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible
 loans. The Consultant will review the loan file to determine if the creditor verified
 and considered each of the eight factors utilizing reasonably reliable third-party documentation
 at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current
 or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current
 employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly
 mortgage payment for subject loan using the introductory or fully indexed rate, whichever
 is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly
 payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly
 payments for property taxes and hazard/flood insurance and certain other costs related
 to the property such as homeowner's association fees or ground rent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Debts,
 alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly
 debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit
 history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 loans designated as agency eligible, Consultant will not review for compliance with the
 requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant
 reviews loans to determine their conformity with the ATR/QM factors above and is not
 rendering an independent assessment or analysis. Consultant's review is based on
 information contained in the loan file at the time it is provided to Consultant, and
 only reflects information as of that point in time and does not mean any regulator, judicial
 or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a)** **Regulatory Compliance Disclaimer** 

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

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or

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other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b)** **Seasoning And Certain Compliance Exceptions** 

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:**

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Servicing Transfer Disclosure form in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Verify
 the Servicing Transfer Disclosure was provided to the borrower(s) within three general
 business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Home Loan Tool Kit is in file for covered loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Affiliated Business Disclosure in file in the event the lender has
 affiliated business arrangements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure provided within three general business days of "Application"
 (Consultant reviews for this disclosure to be provided within three general business
 days, as the lender will typically know at the time of application if borrower(s) will
 be referred to affiliates for provision of third party services)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Initial Escrow Disclosure Statement in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Initial Escrow Disclosure Statement was provided at closing or within 45 days after
 settlement

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

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)**

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing

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notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**<br>

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.<br>

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

● California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et seq.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

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

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

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

● District of Columbia Home Loan Protection Act, D.C. Official Code § 26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg § 2000.1 et seq.

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

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

● Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

● Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10 et seq.

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

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

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

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

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

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

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

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

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

● Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

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● Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

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

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

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

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

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

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

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

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

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

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

● New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

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

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

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

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

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

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

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

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

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

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

● City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter 2006-33, Ordinance No. 245.

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

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

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

● Section 50(a)(6), Article XVI of the Texas Constitution

● Section 50(f)(2), Article XVI of the Texas Constitution

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

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

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

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

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● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

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

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

● Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided
 by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The
 premium for which is paid by the condominium associate, cooperative, homeowners association,
 or other group as a common expense.

**Misrepresentation and Third-Party Review**

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

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:<br>

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.

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**Independent Third-Party Values**

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

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

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.**

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance<br>

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Address

● Property City

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● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**

**Fitch Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.<br>

**Moody's Investor Services Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.<br>

**Kroll Bond Rating Agency LLC Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.<br>

**S&P Global Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.<br>

**DBRS Morningstar Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:<br>

**Opus Credit Grades**<br>

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades**<br>

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues

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in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.

**Opus Compliance Grades**<br>

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

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:**

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

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

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

Narrative – COLT 2026-4

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows**

● Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance**

● No compliance testing for the DSCR review.

Narrative – COLT 2026-4

**<u>Pool Details</u>**

![](ex9926002.jpg)

Narrative – COLT 2026-4

**<u>Tape Discrepancies</u>**

![](ex9926003.jpg)

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there was one (1) obligor with multiple loans in the pool.

**Property Inspection Waivers:** No loans had a Property Inspection Waiver.

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

Narrative – COLT 2026-4

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

Narrative – COLT 2026-4

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated May 5, 2026.

![](ex9926004.jpg)

Narrative – COLT 2026-4

**<u>Loans Reviewed (25)</u>**

---

| |
|:---|
| &nbsp;&nbsp;4350120454 |
| &nbsp;&nbsp;4350120455 |
| &nbsp;&nbsp;4350120456 |
| &nbsp;&nbsp;4350120457 |
| &nbsp;&nbsp;4350120458 |
| &nbsp;&nbsp;4350120459 |
| &nbsp;&nbsp;4350120460 |
| &nbsp;&nbsp;4350120461 |
| &nbsp;&nbsp;4350120462 |
| &nbsp;&nbsp;4350120463 |
| &nbsp;&nbsp;4350120464 |
| &nbsp;&nbsp;4350120465 |
| &nbsp;&nbsp;4350120466 |
| &nbsp;&nbsp;4350120467 |
| &nbsp;&nbsp;4350120468 |
| &nbsp;&nbsp;4350120469 |
| &nbsp;&nbsp;4350120470 |
| &nbsp;&nbsp;4350120471 |
| &nbsp;&nbsp;4350120472 |
| &nbsp;&nbsp;4350120473 |
| &nbsp;&nbsp;4350120474 |
| &nbsp;&nbsp;4350120475 |
| &nbsp;&nbsp;4350120476 |
| &nbsp;&nbsp;4350120477 |
| &nbsp;&nbsp;4350120478 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

Narrative – COLT 2026-4

## Exhibit 99.27

**Exhibit 99.27**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350120454 |  |  | XXXX A |
| XXXX | 4350120455 |  |  | XXXX A |
| XXXX | 4350120456 |  |  | XXXX D A B |
| XXXX | 4350120457 |  |  | XXXX D A |
| XXXX | 4350120460 |  |  | XXXX A |
| XXXX | 4350120461 |  |  | XXXX D C A |
| XXXX | 4350120458 |  |  | XXXX D A |
| XXXX | 4350120459 |  |  | XXXX A C |
| XXXX | 4350120462 |  |  | XXXX C A B |
| XXXX | 4350120463 |  |  | XXXX D A |
| XXXX | 4350120464 |  |  | XXXX A |
| XXXX | 4350120465 |  |  | XXXX C A B |
| XXXX | 4350120466 |  |  | XXXX C A |
| XXXX | 4350120467 |  |  | XXXX A |
| XXXX | 4350120468 |  |  | XXXX A |
| XXXX | 4350120469 |  |  | XXXX C A B |
| XXXX | 4350120470 |  |  | XXXX C A B |
| XXXX | 4350120471 |  |  | XXXX A |
| XXXX | 4350120473 |  |  | XXXX A |
| XXXX | 4350120475 |  |  | XXXX D A |
| XXXX | 4350120476 |  |  | XXXX C A B |
| XXXX | 4350120472 |  |  | XXXX D A B |
| XXXX | 4350120474 |  |  | XXXX D A B |
| XXXX | 4350120477 |  |  | XXXX A |
| XXXX | 4350120478 |  |  | XXXX A |

---

## Exhibit 99.28

**Exhibit 99.28**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350120454 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120455 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120456 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 26.42 | 26.42 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120457 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | 4350120460 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 4350120461 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120458 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120459 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | 4350120462 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120463 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120464 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | 4350120465 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120466 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 73.91 | 73.91 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120467 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 62.68 | 62.68 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0018 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120468 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.09 | 59.09 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120469 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | XXXX |
| XXXX | 4350120470 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120471 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 49.99 | 49.99 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120473 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.38 | 59.38 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120475 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 61.72 | 61.72 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120476 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | -0.05 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.05 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120472 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 38.86 | 38.86 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120474 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120477 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | 4350120478 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 51.85 | 51.85 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |

---

## Exhibit 99.29

**Exhibit 99.29**

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350120460 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Attached | Audit Value Pulled From Appraisal |
| XXXX | 4350120466 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350120466 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 15.89 | 16.04 | Audit liabilities were based on documents in the loan file.  |
| XXXX | 4350120468 |  |  | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350120468 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 59.09 | 65 | Audit Value of 1st + 2nd lien / Qualifying Value |
| XXXX | 4350120468 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 59.09 | 65 | Audit Value of Subject Lien / Qualifying Value |
| XXXX | 4350120475 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 44.89 | 46.87 | Audit liabilities were based on documents in the loan file. |
| XXXX | 4350120476 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |

---

## Exhibit 99.30

**Exhibit 99.30**

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

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350120456 |  |  | Closed | 2026-04-01 17:26 | 2026-04-06 08:58 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing Rent Loss Coverage | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/06/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/04/2026 <br> Open-Hazard Insurance Policy does not reflect rent loss coverage. Rent loss coverage not sufficient, coverage D equals $XXXX does not reflect 6 months. - Due Diligence Vendor-04/01/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/06/2026<br>| Excception.pdf |  | LTV 27% vs 70%<br> Res 43 vs 2<br> Fico 689 vs 660<br> Sub REO 44 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350120457 |  |  | Closed | 2026-04-01 13:27 | 2026-04-02 09:09 | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of HOA Dues for REO1 | Resolved-Lender provided documentation of the HOA dues for REO 3F - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. Isn't REO the subject, look at the appraisal, For REO 3F we did that loan see attached appraisal showing no HOA. - Buyer-04/02/2026 <br>Open-Missing Evidence of HOA Dues for REO1 Missing Evidence of HOA Dues for REO 3F on the final 1003. - Due Diligence Vendor-04/01/2026 |  | Resolved-Lender provided documentation of the HOA dues for REO 3F - Due Diligence Vendor-04/02/2026<br>| XXXX HOA proof.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120457 |  |  | Closed | 2026-04-01 10:42 | 2026-04-02 09:08 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided the payment history for REO 3E - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/02/2026 <br>Open-For REO 3e from the final 1003 missing the mortgage payment history.<br>- Due Diligence Vendor-04/01/2026 |  | Resolved-Lender provided the payment history for REO 3E - Due Diligence Vendor-04/02/2026<br>| XXXX Payment History - XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120457 |  |  | Closed | 2026-04-01 13:20 | 2026-04-02 09:08 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Lender provided the invoice for the insurance premium - Due Diligence Vendor-04/02/2026 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/01/2026 <br>Open-Hazard Insurance Policy Partially Provided Hazard insurance premium not shown on the hazard insurance statements - Due Diligence Vendor-04/01/2026 |  | Resolved-Lender provided the invoice for the insurance premium - Due Diligence Vendor-04/02/2026 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/02/2026<br>| invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120461 |  |  | Closed | 2026-04-02 10:30 | 2026-04-06 08:07 | Resolved | 1 - Information | Compliance | Disclosure | Appraisal Delivery Does Not Conform To E-Sign Act | Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-04/06/2026 <br>Resolved-Sufficient E-Consent documentation for appraisal delivery provided. - Due Diligence Vendor-04/06/2026 <br>Open-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-04/02/2026 |  | Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-04/06/2026 <br>Resolved-Sufficient E-Consent documentation for appraisal delivery provided. - Due Diligence Vendor-04/06/2026<br>| Appraisal Inv.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120461 |  |  | Closed | 2026-04-03 09:38 | 2026-04-06 08:07 | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-04/06/2026 <br>Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-04/06/2026 <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-04/06/2026 <br>Open-Appraisal transfer letter found in the loan file, however the appraisal invoice is still needed to meet guidelines requirements for appraisal transfers - Due Diligence Vendor-04/03/2026 <br>Open-Appraisal Transfer Does Not Meet Guideline Requirements. - Due Diligence Vendor-04/03/2026 |  | Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-04/06/2026 <br>Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-04/06/2026<br>| Appraisal Inv.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120461 |  |  | Closed | 2026-04-01 17:11 | 2026-04-03 09:49 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided missing documentation. - Due Diligence Vendor-04/03/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/03/2026 <br>Open-The file is missing Note, final CD/settlement statement and first payment letter/Coupon for recent refinance with lender of the borrower's residence, REO 3c, 3d, 3e, 3f on the final application to verify PITI and payoff of prior lien. Additional Conditions may apply. - Due Diligence Vendor-04/01/2026 |  | Resolved-Lender provided missing documentation. - Due Diligence Vendor-04/03/2026<br>| XXXX.pdf<br> XXXX.pdf<br> XXXX.pdf<br> XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120461 |  |  | Closed | 2026-04-01 15:48 | 2026-04-03 09:42 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/03/2026 <br>Ready for Review-Document Uploaded. - Seller-04/03/2026 <br>Open-Missing Hazard Insurance Policy Premium amount missing in hazard document - Due Diligence Vendor-04/01/2026 | Ready for Review-Document Uploaded. - Seller-04/03/2026<br>| Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/03/2026<br>| HOI Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120458 |  |  | Closed | 2026-04-02 17:36 | 2026-04-03 09:39 | Resolved | 1 - Information | Credit | Missing Doc | Final HUD/Settlement Statement Not Provided | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/03/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/03/2026 <br>Open-The final HUD/Settlement Statement is missing. File copy provided is an estimated settlement statement. - Due Diligence Vendor-04/02/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/03/2026<br>| final.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120459 |  |  | Closed | 2026-04-02 12:57 | 2026-04-03 16:33 | Resolved | 1 - Information | Compliance | Rescission:Disbursement | Federal - Right of Rescission (Loan Disbursement Violation) (TILA) | Resolved-Lender provided the PCCD correcting the loan disbursement date. - Due Diligence Vendor-04/03/2026 <br> Resolved-Resolved - Due Diligence Vendor-04/03/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/03/2026 <br> Open-The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (XXXX) and Official Staff Commentary) The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). - Due Diligence Vendor-04/02/2026 <br> Open- - Due Diligence Vendor-04/02/2026 |  | Resolved-Lender provided the PCCD correcting the loan disbursement date. - Due Diligence Vendor-04/03/2026 <br>Resolved-Resolved - Due Diligence Vendor-04/03/2026<br>| XXXX PCCD.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120462 |  |  | Closed | 2026-04-03 05:18 | 2026-04-07 10:45 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/06/2026 <br> Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX - Due Diligence Vendor-04/03/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026<br>| Exception.pdf |  | FICO 743, 43>700 Min<br> Housing History 0x30x47 (primary), 1x30x12 with 3 times rolling permitted<br> Experienced Investor | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120462 |  |  | Closed | 2026-04-06 18:04 | 2026-04-07 10:44 | Waived | 2 - Non-Material | Credit | Eligibility | Condo Questionnaire - Ownership Concentration | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/06/2026 <br> Open-Ownership concentration does not meet guidelines. Non-Warrantable Condo: per lender guidelines section XXXX, maximum investor concentration allowed up to 75%, subject property is at 79%. - Due Diligence Vendor-04/06/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026<br>| Exception.pdf |  | FICO 743, 43>700 Min<br> Housing History 0x30x47 (primary), 1x30x12 with 3 times rolling permitted<br> Experienced Investor | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120463 |  |  | Closed | 2026-04-06 19:53 | 2026-04-07 11:47 | Resolved | 1 - Information | Credit | Missing Doc | Missing Citizenship Documentation (Borrower 1) | Resolved-Lender provided an updated 1003 reflecting Borrower is a non-permanent resident alien, condition resolved. - Due Diligence Vendor-04/07/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/07/2026 <br> Open-Missing Citizenship Documentation (Borrower 1) The 1003 reflects the borrower is a US Citizen, however the USA Patriot Act Information Form reflects a US Alien Registration Card was given as a form of Identification with an issue date of XXXX and an expiration date of XXXX suggesting the borrower is a permanent resident alien. Please clarify and provide an updated final 1003 if required. - Due Diligence Vendor-04/07/2026 |  | Resolved-Lender provided an updated 1003 reflecting Borrower is a non-permanent resident alien, condition resolved. - Due Diligence Vendor-04/07/2026<br>| 1003.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120465 |  |  | Closed | 2026-04-08 06:24 | 2026-04-10 07:43 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/10/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/09/2026 <br> Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX - Due Diligence Vendor-04/08/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/10/2026<br>| Exception.pdf |  | DSCR 1.4327, .4327>1 min<br> Reserves 31.4 months, 19.4 months>12 month min | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120466 |  |  | Closed | 2026-04-09 09:54 | 2026-04-13 08:11 | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided the appraisal invoice. - Due Diligence Vendor-04/13/2026 <br> Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-04/13/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/10/2026 <br> Open-Appraisal Transfer Does Not Meet Guideline Requirements. Per GL XXXX Copy of the invoice is missing in file - Due Diligence Vendor-04/09/2026 |  | Resolved-Lender provided the appraisal invoice. - Due Diligence Vendor-04/13/2026 <br>Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-04/13/2026<br>| invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120466 |  |  | Closed | 2026-04-09 07:46 | 2026-04-13 08:10 | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-04/13/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/10/2026 <br>Open-E-Consent documentation is missing for borrower(s). E-Consent documentation is missing - Due Diligence Vendor-04/09/2026 |  | Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-04/13/2026<br>| XXXX econsent.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120469 |  |  | Closed | 2026-04-14 14:20 | 2026-04-17 12:24 | Resolved | 1 - Information | Credit | Insurance | Master Policy Expiration Date is Prior To the Transaction Date | Resolved-Lender provided Master Insurance Policy good through XXXX - Due Diligence Vendor-04/17/2026 <br> Resolved-Master Policy Expiration Date of XXXX is Equal to or After the Transaction Date of XXXX Or Master Policy Expiration Date Is Not Provided - Due Diligence Vendor-04/17/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/17/2026 <br> Counter-Reviewed the attached documents and the Master Policy expires XXXX which is prior to closing on XXXX, please provide documentation showing that the Master Policy was renewed. - Due Diligence Vendor-04/17/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/16/2026 <br> Open-Master Policy Expiration Date of XXXX is Prior To the Transaction Date of XXXX - Due Diligence Vendor-04/14/2026 |  | Resolved-Lender provided Master Insurance Policy good through XXXX - Due Diligence Vendor-04/17/2026 <br> Resolved-Master Policy Expiration Date of XXXX is Equal to or After the Transaction Date of XXXX Or Master Policy Expiration Date Is Not Provided - Due Diligence Vendor-04/17/2026 | XXXX Master Policies.pdf<br> XXXX.pdf<br> XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120469 |  |  | Closed | 2026-04-15 16:06 | 2026-04-16 08:11 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-04/16/2026 <br>Ready for Review-Acknowledge - Buyer-04/16/2026 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/15/2026 |  |  |  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350120470 |  |  | Closed | 2026-04-15 10:57 | 2026-04-16 12:05 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/16/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/15/2026 <br> Open-Housing History Does Not Meet Guideline Requirements In accordance with lender guidelines (Section XXXX), DSCR loans for borrowers residing rent-free require management review and exception. Currently, the audit team is unable to locate the documented approval for this exception in the loan file.<br> - Due Diligence Vendor-04/15/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/16/2026<br>| Exception.pdf |  | DSCR 1.1106, 01106 > 1 min<br> Fico 724, 24>700 min | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120475 |  |  | Closed | 2026-04-21 09:36 | 2026-04-22 08:03 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Lender provided the HOI receipt - Due Diligence Vendor-04/22/2026 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/22/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/21/2026 <br>Open-Hazard Insurance Policy Partially Provided Hazard insurance policy provided however missing the premium amount. - Due Diligence Vendor-04/21/2026 |  | Resolved-Lender provided the HOI receipt - Due Diligence Vendor-04/22/2026 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/22/2026<br>| hoi.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120476 |  |  | Closed | 2026-04-21 16:53 | 2026-04-22 08:34 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B. (Please note the address in question is located on XXXXvs. XXXX used to own but sold and now renting back property from new owner rent free until XXXX- rent free exception provided) - Due Diligence Vendor-04/22/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-04/22/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Per Lender's Guide Section XXXX, mortgage verification requires 12 months history to be verified. Audit only confirmed 10 payments from XXXX through XXXX for borrowers primary residence located on XXXX. A full 12-month payment history could not be verified.<br> - Due Diligence Vendor-04/21/2026 | Documents uploaded - 04/22/2026 <br>| Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B. (Please note the address in question is located on XXXX vs. XXXX used to own but sold and now renting back property from new owner rent free until XXXX - rent free exception provided) - Due Diligence Vendor-04/22/2026 | Exception.pdf<br>LOE.pdf<br>LOE.pdf |  | Res 224 mo, 218 mo > 6 mo min<br> FICO 792, 92 > 700 min | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120472 |  |  | Closed | 2026-04-22 12:14 | 2026-04-23 08:51 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing evidence of sufficient insurance for condo project | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/23/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/22/2026 <br>Open-Property Hazard Insurance at 92.9% of value with 80% coinsurance. - Due Diligence Vendor-04/22/2026 | HOI 92.9% of value with 80% coinsurance vs guaranteed replacement cost or 100% replacement cost. - 04/23/2026 <br>| Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/23/2026<br>| Exception.pdf |  | LTV 41%, 29% <70% max<br> Fico 798, 98>700 min<br> Res 67 mo, 61>6mo min<br> Housing 0x30x82 vs 1x30x12min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120472 |  |  | Closed | 2026-04-21 07:36 | 2026-04-23 08:45 | Resolved | 1 - Information | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Resolved-Updated policy provided, condition resolved. - Due Diligence Vendor-04/23/2026 <br> Resolved-HO-6 Insurance Policy Effective Date of XXXX is prior to or equal to the Note Date of XXXX Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-04/23/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-04/22/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/22/2026 <br> Open-HO-6 Insurance Policy Effective Date of XXXX is after the Note Date of XXXX (prior policy could not be located) - Due Diligence Vendor-04/21/2026 |  | Resolved-Updated policy provided, condition resolved. - Due Diligence Vendor-04/23/2026 <br> Resolved-HO-6 Insurance Policy Effective Date of XXXX is prior to or equal to the Note Date of XXXX Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-04/23/2026 | XXXX HO6.pdf<br> XXXX updated EOI.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-23 07:29 | 2026-04-24 09:59 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026 <br> Ready for Review-Document Uploaded. - Buyer-04/24/2026 <br> Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX - Due Diligence Vendor-04/23/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026<br>| LOan Amount.pdf |  | Res 38 mo, 26mo > 12mo min<br> Experienced investor | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-23 07:29 | 2026-04-24 09:58 | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/24/2026 <br>Open-Audited HLTV of 75% exceeds Guideline HCLTV of 70% - Due Diligence Vendor-04/23/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026<br>| LTV.pdf |  | Res 38mo, 26mo > 12 mo min<br> Experienced Investor | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-23 07:29 | 2026-04-24 09:57 | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/24/2026 <br>Open-Audited CLTV of 75% exceeds Guideline CLTV of 70% - Due Diligence Vendor-04/23/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026<br>| LTV.pdf |  | Res 38mo, 26 > 12 mo min<br> Experienced Investor | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-23 07:29 | 2026-04-24 09:56 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026 <br>Ready for Review-Document Uploaded. - Seller-04/24/2026 <br>Open-Audited LTV of 75% exceeds Guideline LTV of 70% - Due Diligence Vendor-04/23/2026 | Ready for Review-Document Uploaded. - Seller-04/24/2026<br>| Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B.<br> - Due Diligence Vendor-04/24/2026<br>| LTV.pdf |  | Res 38mo, 26 > 12 mo min<br> Experienced Investor | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-23 13:10 | 2026-04-24 09:54 | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Invoice provided, condition resolved. - Due Diligence Vendor-04/24/2026 <br> Ready for Review-Document Uploaded. - Seller-04/24/2026 <br> Open-Invoice - Missing or Incomplete. Audit could not locate appraisal invoice for $XXXX. - Due Diligence Vendor-04/23/2026 | Ready for Review-Document Uploaded. - Seller-04/24/2026<br>| Resolved-Invoice provided, condition resolved. - Due Diligence Vendor-04/24/2026<br>| invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120474 |  |  | Closed | 2026-04-22 04:08 | 2026-04-24 09:49 | Resolved | 1 - Information | Credit | Missing Doc | Missing Guaranty Agreement - Borrower 1 | Resolved-Guaranty Agreement for Borrower 1 provided, condition resolved. - Due Diligence Vendor-04/24/2026 <br>Resolved-Guaranty Agreement for Borrower 1 provided. - Due Diligence Vendor-04/24/2026 <br>Ready for Review-Document Uploaded. - Buyer-04/24/2026 <br>Open-Missing Guaranty Agreement for Borrower 1. - Due Diligence Vendor-04/22/2026 |  | Resolved-Guaranty Agreement for Borrower 1 provided, condition resolved. - Due Diligence Vendor-04/24/2026 <br>Resolved-Guaranty Agreement for Borrower 1 provided. - Due Diligence Vendor-04/24/2026<br>| XXXX Guaranty Agreement.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |

---

## Exhibit 99.31

**Exhibit 99.31**

![](ex9931001.jpg)

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

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

**DESCRIPTION OF SERVICES:**

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

Selene performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Lone Star Residential Acquisitions, LLC ("Client"). The review was conducted between December 2025 and April 2026 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 29 Non-QM loans and 26 ATR/QM exempt loans for a total of 55 loans the "Final Securitization Population".

*<u>Credit Reviews (55):</u>*

During the Review, Selene performed a credit review on 55 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (55)</u>*

During the Review, Selene performed a compliance review, when applicable on 55 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (55):</u>*

During the Review, Selene performed a property valuation review on 55 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (55):</u>*

During the Review, Selene performed a Data Integrity Review on 55 mortgage loans in the Final Securitization Population.

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 55 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;55 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;55 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;55 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;55 | &nbsp;&nbsp;100% |

---

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

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") (the "NRSRO").

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

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

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

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

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

Northpointe Underwriting Guidelines, Kind Lending Non-Agency Program Guidelines, Capital Alliance Loan Eligibility Guidelines (collectively the "Guidelines").

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A, B, and C, attached hereto).

&nbsp;&nbsp;**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.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

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

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

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

● **Original Appraisal Assessment** 

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

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

● **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.

&nbsp;&nbsp;**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 55 mortgage loans, (ii) a Compliance Review on 55 mortgage loans (iii) a Valuation Review on 55 mortgage loans, and (iv) a Data Integrity Review on 55 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**<u>REVIEW RESULTS SUMMARY</u>**

After review of the 55 mortgage loans; 35 mortgage loans had a rating grade of A, 20 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

&nbsp;&nbsp;***Grades per loan (55 overall loans):***<br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;11 | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;35 | &nbsp;&nbsp;63.64% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;10.91% | &nbsp;&nbsp;B | &nbsp;&nbsp;20 | &nbsp;&nbsp;36.36% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;9 | &nbsp;&nbsp;16.36% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;29 | &nbsp;&nbsp;52.73% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| |  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** |
| | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;55 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;36 | &nbsp;&nbsp;65.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;19 | &nbsp;&nbsp;34.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;54 | &nbsp;&nbsp;98.18% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.82% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

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

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

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

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

Page **5** of **15**

COLT 2026-4 Executive Summary (Selene Diligence LLC)

claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
Due Diligence Narrative Report

2. ASF
Report

3. Grading
Summary

4. Exception
Detail

5. Tape
Discrepancies

6. Valuations
Report

7. Supplemental
Data

8. Third
Party (TPR) Attestation Form

9. Attestation
Form 15E

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

Page **7** of **15**

COLT 2026-4 Executive Summary (Selene Diligence LLC)

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
 for any name variations for the borrowers and confirm that the variations have been addressed
 in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
 for any social security number variations for the borrowers and confirm that the variations
 have been addressed in the loan file;

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

Page **9** of **15**

COLT 2026-4 Executive Summary (Selene Diligence LLC)

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

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

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

i) failure to provide the right of rescission notice;

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

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

i) review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction; <br> ii) review relevant document to determine if there was dual compensation; and

Page **10** of **15**

COLT 2026-4 Executive Summary (Selene Diligence LLC)

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable,
on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure; and (ii)
verify the data against the NMLSR database, as available.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 4.0, as may be updated from time to time.

Page **11** of **15**

COLT 2026-4 Executive Summary (Selene Diligence LLC)

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

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

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

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

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

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

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

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

**SCHEDULE I**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License<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

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;1. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;2. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;3. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;4. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;5. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;6. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;7. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;8. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;9. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;10. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;11. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;12. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;13. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;14. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;15. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;16. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;17. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;18. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;19. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;20. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;21. TX
 Home Loan and High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;22. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;23. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;24. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;25. WI
 Responsible High Cost Mortgage Lending Act

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COLT 2026-4 Executive Summary (Selene Diligence LLC)

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

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

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

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

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

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## Exhibit 99.32

**Exhibit 99.32**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350120509 |  |  | XXXX C A B |
| XXXX | 4350120490 |  |  | XXXX D A B |
| XXXX | 4350120489 |  |  | XXXX D A |
| XXXX | 4350120512 |  |  | XXXX D A |
| XXXX | 4350120491 |  |  | XXXX D A B |
| XXXX | 4350120513 |  |  | XXXX D A |
| XXXX | 4350120480 |  |  | XXXX C D A |
| XXXX | 4350120493 |  |  | XXXX D A B |
| XXXX | 4350120486 |  |  | XXXX C A B |
| XXXX | 4350120506 |  |  | XXXX D A |
| XXXX | 4350120507 |  |  | XXXX D A |
| XXXX | 4350120524 |  |  | XXXX B A |
| XXXX | 4350120514 |  |  | XXXX D A B |
| XXXX | 4350120479 |  |  | XXXX C A |
| XXXX | 4350120497 |  |  | XXXX B A |
| XXXX | 4350120522 |  |  | XXXX D A B |
| XXXX | 4350120526 |  |  | XXXX B A |
| XXXX | 4350120498 |  |  | XXXX D A B |
| XXXX | 4350120500 |  |  | XXXX B A |
| XXXX | 4350120484 |  |  | XXXX C A |
| XXXX | 4350120517 |  |  | XXXX D C A B |
| XXXX | 4350120481 |  |  | XXXX A |
| XXXX | 4350120482 |  |  | XXXX D A |
| XXXX | 4350120494 |  |  | XXXX D A B |
| XXXX | 4350120528 |  |  | XXXX A B |
| XXXX | 4350120504 |  |  | XXXX A D |
| XXXX | 4350120485 |  |  | XXXX C D A |
| XXXX | 4350120516 |  |  | XXXX D A B |
| XXXX | 4350120518 |  |  | XXXX D A |
| XXXX | 4350120495 |  |  | XXXX D A |
| XXXX | 4350120496 |  |  | XXXX B A |
| XXXX | 4350120505 |  |  | XXXX A |
| XXXX | 4350120492 |  |  | XXXX D C A |
| XXXX | 4350120503 |  |  | XXXX D A B |
| XXXX | 4350120525 |  |  | XXXX D A |
| XXXX | 4350120533 |  |  | XXXX C A B |
| XXXX | 4350120532 |  |  | XXXX A C |
| XXXX | 4350120501 |  |  | XXXX A |
| XXXX | 4350120523 |  |  | XXXX A |
| XXXX | 4350120488 |  |  | XXXX C A D |
| XXXX | 4350120530 |  |  | XXXX D A |
| XXXX | 4350120520 |  |  | XXXX A |
| XXXX | 4350120519 |  |  | XXXX A |
| XXXX | 4350120521 |  |  | XXXX A |
| XXXX | 4350120510 |  |  | XXXX A |
| XXXX | 4350120508 |  |  | XXXX D A |
| XXXX | 4350120511 |  |  | XXXX D A |
| XXXX | 4350120483 |  |  | XXXX C A |
| XXXX | 4350120527 |  |  | XXXX D A B |
| XXXX | 4350120502 |  |  | XXXX A |
| XXXX | 4350120499 |  |  | XXXX A |
| XXXX | 4350120487 |  |  | XXXX C A |
| XXXX | 4350120515 |  |  | XXXX A |
| XXXX | 4350120531 |  |  | XXXX D A |
| XXXX | 4350120529 |  |  | XXXX C A |

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## Exhibit 99.33

**Exhibit 99.33**

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

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| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350120509 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Asset do not meet guidelines | Waived-Client elects to waive with the following compensating factors:<br> Exception in file on page#523:<br> To use B1's newly assigned assets for Asset Utilization. B1 was recently added to the account as a joint owner with her husband. - Due Diligence Vendor-12/05/2025 |  | Waived-Client elects to waive with the following compensating factors:<br> Exception in file on page#523:<br> To use B1's newly assigned assets for Asset Utilization. B1 was recently added to the account as a joint owner with her husband. - Due Diligence Vendor-12/05/2025<br>|  |  | <br> Borrower(s) have 380.28 months Reserves. Minimum required per guidelines is 9 months.<br> Borrower Housing History is 0X30, 24months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120509 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-12 month combined housing history has been received/resolved - Due Diligence Vendor-12/XXXX/2025 <br> Ready for Review-Document Uploaded. They own current residence free and clear so no mortgage verification. I added borrowers LOX, taxes and insurance docs that were already in file and show there is no mortgage. I also added current deed for this property showing purchase date as XXXX. Previous VOR covers XXXX- XXXX. That should cover it. - Seller-12/15/2025 <br> Counter-VOR only reflects a 7 month history. Provide full 12 months housing history. - Due Diligence Vendor-12/11/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/10/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Borrower lives in current address for own for 2 years. Unable to verify 12 months housing history for previous address. Provide VOM or Property report to verify housing history for previous address.<br> - Due Diligence Vendor-12/05/2025 | Ready for Review-Document Uploaded. They own current residence free and clear so no mortgage verification. I added borrowers LOX, taxes and insurance docs that were already in file and show there is no mortgage. I also added current deed for this property showing purchase date as XXXX. Previous VOR covers XXXX- XXXX. That should cover it. - Seller-12/15/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/10/2025 | Resolved-12 month combined housing history has been received/resolved - Due Diligence Vendor-12/XXXX/2025<br>| Prev VOR - Verification of Rent.pdf<br> XXXX Free Clear LOX.pdf<br> XXXX Free Clear LOX.pdf<br> Prev VOR - Verification of Rent.pdf<br> Prev VOR - Verification of Rent.pdf<br> Deed for current rez.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120509 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 65% exceeds Guideline LTV of 60% Client elects to waive with the following compensating factors:<br> Exception in File on page#521:<br> To allow 65% LTV with a score below 640 on XXXX - XXXX using asset utilization - Due Diligence Vendor-12/05/2025 |  | Waived-Audited LTV of 65% exceeds Guideline LTV of 60% Client elects to waive with the following compensating factors:<br> Exception in File on page#521:<br> To allow 65% LTV with a score below 640 on XXXX - Alt Doc using asset utilization - Due Diligence Vendor-12/05/2025<br>|  |  | Compensating Factors<br> Borrower(s) have 380.28 months Reserves. Minimum required per guidelines is 9 months.<br> Credit Score is 615. Minimum required per guidelines is 600. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120509 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Ready for Review-Document Uploaded. see attached NON QM/HPML. Please clear - Seller-12/24/2025 <br> Open- - Due Diligence Vendor-12/19/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/XXXX/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/17/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/17/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Resolved- The loan does meet HPML guidelines. - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.16%).XXXX - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Ready for Review-Document Uploaded. I ran the loan through the FFIEC's APR tool, our calculations are within the tolerances set by the CFPB. They need to rerun their numbers based on the actual APR fees. They are including fees that are not APR fees.<br>If they cannot provide the list of fees then could we schedule a meeting?<br> - Seller-12/15/2025 <br> Open-duplicate - Due Diligence Vendor-12/11/2025 <br> Open- - Due Diligence Vendor-12/11/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXXThis loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 469 and the Final Closing disclosure on Pg#'s 116, Finding reflects escrows. Rate lock date was entered correctly – see Pg528#'s . An interior and exterior appraisal was completed for this property – see pg 48, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 603, and confirmation the appraisal was delivered to the borrower – see Pg#'s 603. The loan does meet HPML guidelines.<br> - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/05/2025 | Ready for Review-Document Uploaded. see attached NON QM/HPML. Please clear - Seller-12/24/2025 <br>Ready for Review-Document Uploaded. I ran the loan through the FFIEC's APR tool, our calculations are within the tolerances set by the CFPB. They need to rerun their numbers based on the actual APR fees. They are including fees that are not APR fees.<br>If they cannot provide the list of fees then could we schedule a meeting?<br> - Seller-12/15/2025<br>| Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/30/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/XXXX/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/17/2025 <br> Resolved-The loan does meet HPML guidelines - Due Diligence Vendor-12/15/2025 <br> Resolved- The loan does meet HPML guidelines. - Due Diligence Vendor-12/15/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXXThis loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 469 and the Final Closing disclosure on Pg#'s 116, Finding reflects escrows. Rate lock date was entered correctly – see Pg528#'s . An interior and exterior appraisal was completed for this property – see pg 48, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 603, and confirmation the appraisal was delivered to the borrower – see Pg#'s 603. The loan does meet HPML guidelines.<br> - Due Diligence Vendor-12/05/2025 | APR Tool.pdf<br>NON QM loan.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120490 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-UW Exception for LTV of 90% exceeding GL Max of 80% with FICO below 760 provided. - Due Diligence Vendor-02/05/2026 <br>Rescinded-Audited LTV of 90% exceeds Guideline LTV of 80% Addressed in CLTV Condition. - Due Diligence Vendor-01/XXXX/2026 |  | Waived-UW Exception for LTV of 90% exceeding GL Max of 80% with FICO below 760 provided. - Due Diligence Vendor-02/05/2026 <br>Rescinded-Audited LTV of 90% exceeds Guideline LTV of 80% Addressed in CLTV Condition. - Due Diligence Vendor-01/XXXX/2026<br>|  |  | $236,898 reserves exceed the minimum required of $28,913 exceeds the minimum by 8 months over the required minimum.<br> Borrower has been employed at current job for4 years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120490 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-recv'd updated income docs/worksheets-resolved - Due Diligence Vendor-02/03/2026 <br> Ready for Review-Document Uploaded. Per UW "For B1 - updated bank statement calculator attached <br> For B2 - no worksheet uploaded, UW used hourly rate per WVOE attached" - Seller-02/02/2026 <br> Counter-Still need the following: <br>- Provide income calculation worksheets for B2 <br> - Correct the income worksheet for B1 as the income calculated using XXXX to XXXX please updated sheet by including XXXX statement in income calculation sheet. - Due Diligence Vendor-01/21/2026 <br> Ready for Review-Document Uploaded. - Seller-01/20/2026 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide income calculation worksheets for B2 and correct the income worksheet for<br> B1 as the income calculated using XXXX but in income sheet it is reflecting XXXX, need updated sheet by including XXXX statement in income calculation sheet. - Due Diligence Vendor-01/XXXX/2026 | Ready for Review-Document Uploaded. Per UW "For B1 - updated bank statement calculator attached <br> For B2 - no worksheet uploaded, UW used hourly rate per WVOE attached" - Seller-02/02/2026 <br>Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-recv'd updated income docs/worksheets-resolved - Due Diligence Vendor-02/03/2026<br>| XXXX BANK STMT.pdf<br> B2 - VOE - XXXX.pdf<br> XXXX_2.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120490 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested business narrative provided for B1's business, updated & condition resolved. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. - Seller-01/20/2026 <br>Open-Business Narrative missing for B1's Business. - Due Diligence Vendor-01/19/2026 | Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-Requested business narrative provided for B1's business, updated & condition resolved. - Due Diligence Vendor-01/21/2026<br>| Business Narrative - XXXX NEED SIGNED.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120489 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved- - Due Diligence Vendor-04/07/2026 <br> Ready for Review-Document Uploaded. See attached OA, SOS, Income Calculation Worksheet, 1008 & 1003. <br> Operating Agreement in file is for XXXX - looks like this business name works along with XXXX XXXX XXXX per OA and narrative explains that XXXX was the former name. SOS in file also matched company name on bank statements. It appears borrower uses current business name for BOTH XXXX work AND construction. We arent missing any mos on the income worksheet, using XXXX thru XXXX and all bank statements are in the file. Deposit amounts of $XXXXand $XXXX, both from XXXX have been excluded. new worksheet is in the file dated XXXX. Agree that it does appear that majority of income was from deposits in XXXX. This is not out of the ordinary though if business is both XXXX and construction. Construction deposits will be minimal over last 12 mos and not in sync with XXXX work. Appears borr has both XXXX and construction business together under one name. There were 2 home sales in XXXX. Remainder of deposits for all mos is for XXXX work. DTI now 36% with $XXXX and $XXXX deposits omitted, from XXXX. - Seller-04/07/2026 <br> Counter-The XXXX statement has a deposit of $XXXX & $XXXX which exceeds GL (>50%). The XXXX is still under review to determine it meets the GL as the company is a XXXX company per the operating agreement on page 402 and the business narrative states XXXX and builder on page 558, however no supporting evidence to confirm. Provide supporting documentation evidencing the borrower is a licensed builder and any other supporting documentation as the 12 month period only identifies one home sold within this period with no evidence they were the builder. - Due Diligence Vendor-03/10/2026 <br> Ready for Review-The UW already excluded the Large Deposit from XXXX for the original income calc. For XXXX we need to know which large deposit the condition is referring to. Please provide the dollar amount and also review to clear on the XXXX Deposit - Seller-03/09/2026 <br> Counter-Provide supporting documentation that our borrower was involved in the settlements of the two XXXX transactions provided and what percentage of ownership along with the other two months addressing the other two months of large deposits. Also, the 10/2025 bank statement is in the file and was not used in the income calculation worksheet. Provide a revised income worksheet with the XXXX bank statement used. - Due Diligence Vendor-03/06/2026 <br> Ready for Review-Document Uploaded. Here are the source of the 2 large deposits in XXXX - Seller-03/06/2026 <br> Counter-The large deposits are XXXX and XXXX. The settlement statement dated XXXX accounts for less than half of the deposits (58% unaccounted for) while the other settlement statement is from XXXX whereas the income worksheet date range is from XXXX through October 2025. - Due Diligence Vendor-03/03/2026 <br> Ready for Review-Document Uploaded. Items to source large deposits - Seller-03/02/2026 <br> Counter-The income worksheet contains large deposits in excess of 50% of the average monthly sales of the businessXXXX which has not been addressed. - Due Diligence Vendor-02/17/2026 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. Income Worksheet - Seller-02/13/2026 <br> Counter-Provide lenders worksheet with income to match 1003/1008. - Due Diligence Vendor-02/06/2026 <br> Ready for Review-Document Uploaded. Updated 1003/1008 agreeing with investors income - Seller-02/05/2026 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Per GL XXXX the income worksheet contains large deposits exceeding 50% of the average monthly sales of the business. Also, the 1XXXX bank statement is in the file and was not used in the income calculation worksheet. - Due Diligence Vendor-01/26/2026 | Ready for Review-Document Uploaded. See attached OA, SOS, Income Calculation Worksheet, 1008 & 1003. <br> Operating Agreement in file is for XXXX - looks like this business name works along with XXXX per OA and narrative explains that XXXX was the former name. SOS in file also matched company name on bank statements. It appears borrower uses current business name for BOTH XXXX work AND construction. We arent missing any mos on the income worksheet, using XXXX thru XXXX and all bank statements are in the file. Deposit amounts of $XXXX and $XXXX, both from XXXX have been excluded. new worksheet is in the file dated XXXX. Agree that it does appear that majority of income was from deposits in XXXX. This is not out of the ordinary though if business is both XXXX and construction. Construction deposits will be minimal over last 12 mos and not in sync with XXXX work. Appears borr has both XXXX and construction business together under one name. There were 2 home sales in XXXX. Remainder of deposits for all mos is for XXXX work. DTI now 36% with $XXXX and $XXXX deposits omitted, from XXXX. - Seller-04/07/2026 <br> Ready for Review-The UW already excluded the Large Deposit from XXXX for the original income calc. For XXXX we need to know which large deposit the condition is referring to. Please provide the dollar amount and also review to clear on the XXXX Deposit - Seller-03/09/2026 <br> Ready for Review-Document Uploaded. Here are the source of the 2 large deposits in XXXX- Seller-03/06/2026 <br> Ready for Review-Document Uploaded. Items to source large deposits - Seller-03/02/2026 <br> Ready for Review-Document Uploaded. Income Worksheet - Seller-02/13/2026 <br> Ready for Review-Document Uploaded. Updated 1003/1008 agreeing with investors income - Seller-02/05/2026 |  | 1003.1008.pdf<br> Income Worksheet.pdf<br> Large Dep.pdf<br> Large Dep - 2.pdf<br> XXX Large Dep #2.pdf<br> XXXX Large Dep #1.pdf<br> SOS.pdf<br> OA.pdf<br> Income Calculation Worksheet.pdf<br> 1008.pdf<br> 1003.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120489 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Updated 1003, 1008 provided. Resolved - Due Diligence Vendor-02/06/2026 <br> Ready for Review-Document Uploaded. Updated 1003/1008 agreeing with investors income - Seller-02/05/2026 <br> Open-DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 33.08% but Originator DTI is 24.77%.Variance is XXXX due to the difference in Income, our calculated income is $XXXX whereas underwriter has considered income of $XXXX, As per income worksheet on page 273 has 12 months statements from XXXX with income of $XXXX, while the latest statement of XXXX on page 100 is in the file. Considered 12 months statement from XXXX with the qualifying income of $XXXX.<br> - Due Diligence Vendor-01/22/2026 | Ready for Review-Document Uploaded. Updated 1003/1008 agreeing with investors income - Seller-02/05/2026<br>| Resolved-Updated 1003, 1008 provided. Resolved - Due Diligence Vendor-02/06/2026<br>| 1003.1008.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120512 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Requested STR documents from XXXX provided, updated & condition resolved. - Due Diligence Vendor-02/03/2026 <br> Resolved-Validation Resolved - Due Diligence Vendor-02/03/2026 <br> Ready for Review-Document Uploaded. - Seller-02/02/2026 <br> Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Short term rental document missing from XXXX, need STR documents with rent of $XXXX/12 = $XXXX. - Due Diligence Vendor-01/30/2026 | Ready for Review-Document Uploaded. - Seller-02/02/2026<br>| Resolved-Requested STR documents from XXXX provided, updated & condition resolved. - Due Diligence Vendor-02/03/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-02/03/2026<br>| XXXX-F2 1007 Short-Term Rent Schedule (STR F.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120491 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received CU score and Business Narrative. - Due Diligence Vendor-02/10/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-02/10/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-02/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-02/10/2026<br>| Resolved-Received CU score and Business Narrative. - Due Diligence Vendor-02/10/2026<br>| XXXX V1 XXXX SSR.pdf<br> Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120491 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-02/10/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-02/10/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Property Valuation. Only received Appraisal. - Due Diligence Vendor-02/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-02/10/2026<br>| Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-02/10/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120491 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #389. Exception requested for 80% LTV for cash-out with Alt Doc status, normally a maximum 75% with 700 score. - Due Diligence Vendor-02/09/2026 |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #389. Exception requested for 80% LTV for cash-out with Alt Doc status, normally a maximum 75% with 700 score. - Due Diligence Vendor-02/09/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 728 Representative credit score exceeds the minimum required of 700 by 28 points.<br> Borrower has been employed in same career for 7 years.<br> Qualifying DTI less than 35%, and at least 10% less than guideline maximum. <br> Housing payment history is 0x30x24 or better. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120491 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #367 and the Final Closing disclosure on Pg #153-158 reflects escrows. Rate lock date was entered correctly – see Pg #140 An interior and exterior appraisal was completed for this property – see Pg #37-40, the appraisal disclosure was provided to the borrower(s)- see Pg #390 and copy of the appraisal was given to the borrower – see Pg #443 for the copy of the disclosure. The loan meets HPML guidelines."<br> - Due Diligence Vendor-02/09/2026 <br> Open- - Due Diligence Vendor-02/09/2026 <br> Open- - Due Diligence Vendor-02/09/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #367 and the Final Closing disclosure on Pg #153-158 reflects escrows. Rate lock date was entered correctly – see Pg #140 An interior and exterior appraisal was completed for this property – see Pg #37-40, the appraisal disclosure was provided to the borrower(s)- see Pg #390 and copy of the appraisal was given to the borrower – see Pg #443 for the copy of the disclosure. The loan meets HPML guidelines."<br> - Due Diligence Vendor-02/09/2026 |  |  | The loan meets HPML guidelines. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120513 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-02/12/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-02/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. - Due Diligence Vendor-02/11/2026 | Ready for Review-Document Uploaded. See attached - Seller-02/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-02/12/2026<br>| XXXX SSR Rev 1.4.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120480 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-. - Due Diligence Vendor-03/30/2026 <br> Open- - Due Diligence Vendor-03/30/2026 <br> Resolved-This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #631 and Final Closing disclosure on Pg #308-312 reflects escrows. Rate lock date was entered correctly – see Pg #643 An interior and exterior appraisal was completed for this property – see Pg #56-60, the appraisal disclosure was provided to the borrower(s)- see Pg #findings and copy of the appraisal was given to the borrower – see Pg #449 for the copy of the disclosure. This loan passes HPML guidelines and is HPML compliant loan. - Due Diligence Vendor-03/13/2026 <br> Ready for Review-Document Uploaded. Our system and CE findings (attached) also reflect this is an HPML loan, with all HPML requirements being met.<br> Can you please confirm you just need the "Acknowledgment of Appraisal"? We found the attached two appraisal disclosures from the initial disclosure package and the final closing package, please let me know if this is what you are looking for. <br> - Seller-03/12/2026 <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXXMissing Acknowledgment of Appraisal <br>This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #631 and Final Closing disclosure on Pg #308-312 reflects escrows. Rate lock date was entered correctly – see Pg #643 An interior and exterior appraisal was completed for this property – see Pg #56-60, the appraisal disclosure was provided to the borrower(s)- see Pg #449 and copy of the appraisal was given to the borrower – see Pg #449 for the copy of the disclosure. This loan passes HPML guidelines and is HPML compliant loan. - Due Diligence Vendor-03/10/2026 <br> Open- - Due Diligence Vendor-03/10/2026 <br> Open- - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Our system and CE findings (attached) also reflect this is an HPML loan, with all HPML requirements being met.<br> Can you please confirm you just need the "Acknowledgment of Appraisal"? We found the attached two appraisal disclosures from the initial disclosure package and the final closing package, please let me know if this is what you are looking for. <br> - Seller-03/12/2026<br>| Resolved-. - Due Diligence Vendor-03/30/2026 <br>Resolved-This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #631 and Final Closing disclosure on Pg #308-312 reflects escrows. Rate lock date was entered correctly – see Pg #643 An interior and exterior appraisal was completed for this property – see Pg #56-60, the appraisal disclosure was provided to the borrower(s)- see Pg #findings and copy of the appraisal was given to the borrower – see Pg #449 for the copy of the disclosure. This loan passes HPML guidelines and is HPML compliant loan. - Due Diligence Vendor-03/13/2026<br>| Comment.pdf<br> download.pdf<br> XXXX appraisal receipt form.pdf<br> XXXX appraisal ack form.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120480 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing History Does Not Meet Guideline Requirements . - Due Diligence Vendor-03/27/2026 <br> Resolved-received 12 month housing history rent is at XXXX updated 1003 and credit page - Due Diligence Vendor-03/27/2026 <br> Ready for Review-Document Uploaded. Updated 1003. Rent amount should have shown $XXXX- Seller-03/27/2026 <br> Counter-Not seeing withdraws in amount of monthly rent that is stated on the 1003 in the amount of XXXX - Due Diligence Vendor-03/23/2026 <br> Ready for Review-Document Uploaded. Attached is the 12 month Rent History. - Seller-03/23/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Provide VOR or Letter of explanation to verify primary mortgage history - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Updated 1003. Rent amount should have shown $XXXX - Seller-03/27/2026 <br> Ready for Review-Document Uploaded. Attached is the 12 month Rent History. - Seller-03/23/2026 | Resolved-Housing History Does Not Meet Guideline Requirements . - Due Diligence Vendor-03/27/2026 <br>Resolved-received 12 month housing history rent is at 3,300 updated 1003 and credit page - Due Diligence Vendor-03/27/2026<br>| Rent History.pdf<br> August Rent.pdf<br> Invoice for low rent in XXXX.pdf<br> XXX Rent.pdf<br> 1003.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120480 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-There are uncleared alerts in Fraud report, provided updated fraud Report, changes made in system, Finding Resolved - Due Diligence Vendor-03/12/2026 <br>Ready for Review-Document Uploaded. Fraud Report - Seller-03/11/2026 <br>Open-The fraud report in file (page # 546) is showing 1 Low uncleared alert. The required clear fraud report is missing from file.<br> - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Fraud Report - Seller-03/11/2026<br>| Resolved-There are uncleared alerts in Fraud report, provided updated fraud Report, changes made in system, Finding Resolved - Due Diligence Vendor-03/12/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120480 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-DOT is Missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-03/11/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-03/11/2026 <br>Ready for Review-Document Uploaded. Deed of Trust - Seller-03/10/2026 <br>Open-The Deed of Trust is Missing Provide Deed of Trust as it is missing in the file - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Deed of Trust - Seller-03/10/2026<br>| Resolved-DOT is Missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-03/11/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-03/11/2026<br>| Deed of Trust.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120493 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-04/17/2026 <br>Waived-Audited DTI Exceeds Guideline DTI Exception provided on page #759. Exception Request for Looking for exception for DTI overlimit (54%, non-warr cap at 45%) and LTV above the 85% cap when status is non-warr - status is due to a critial repair but the size of this repair item is only slightly overagency cap. - Due Diligence Vendor-03/09/2026 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-04/17/2026 <br>Waived-Audited DTI Exceeds Guideline DTI Exception provided on page #759. Exception Request for Looking for exception for DTI overlimit (54%, non-warr cap at 45%) and LTV above the 85% cap when status is non-warr - status is due to a critial repair but the size of this repair item is only slightly overagency cap. - Due Diligence Vendor-03/09/2026<br>|  |  | 790 Representative credit score exceeds the minimum required of 660 by 130 points.<br> 0x30 mortgage history for (24) months.<br> Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>| XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120493 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-04/17/2026 <br>Rescinded-Audited LTV of 90% exceeds Guideline LTV of 85% Exception approval received. - Due Diligence Vendor-03/10/2026 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-04/17/2026 <br>Rescinded-Audited LTV of 90% exceeds Guideline LTV of 85% Exception approval received. - Due Diligence Vendor-03/10/2026<br>|  |  | 790 Representative credit score exceeds the minimum required of 660 by 130 points.<br> 0x30 mortgage history for (24) months.<br> Monthly reserves is verified AND at least 4 months more than guideline minimum. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120493 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received asset depletion calculator. - Due Diligence Vendor-03/10/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-03/10/2026 <br>Ready for Review-Document Uploaded. Please see the attached - Seller-03/10/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset depletion worksheet missing for Borrower 1 - Due Diligence Vendor-03/09/2026 | Ready for Review-Document Uploaded. Please see the attached - Seller-03/10/2026<br>| Resolved-Received asset depletion calculator. - Due Diligence Vendor-03/10/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-03/10/2026<br>| Asset Depletion Calculator.pdf |  | Provide Asset depletion worksheet for Borrower 1. | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120493 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/10/2026 <br> Resolved-Received updated title policy. - Due Diligence Vendor-03/10/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-03/10/2026 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount Provide Title policy with a loan amount of $XXXX. Policy provided has coverage at 0. - Due Diligence Vendor-03/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/10/2026<br>| Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/10/2026 <br> Resolved-Received updated title policy. - Due Diligence Vendor-03/10/2026 | Title Commitment - XXXX.pdf |  | Provide Title policy with a loan amount of $XXXX. Policy provided has coverage at 0. | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120493 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #666 and the Final Closing disclosure on Pg #87-91 reflects escrows. Rate lock date was entered correctly – see Pg #85 An interior and exterior appraisal was completed for this property – see Pg #53-57, the appraisal disclosure was provided to the borrower(s)- see Pg #81 ,784 and copy of the appraisal was given to the borrower – see Pg #81 ,784 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/09/2026 <br> Open- - Due Diligence Vendor-03/09/2026 <br> Open- - Due Diligence Vendor-03/09/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #666 and the Final Closing disclosure on Pg #87-91 reflects escrows. Rate lock date was entered correctly – see Pg #85 An interior and exterior appraisal was completed for this property – see Pg #53-57, the appraisal disclosure was provided to the borrower(s)- see Pg #81 ,784 and copy of the appraisal was given to the borrower – see Pg #81 ,784 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/09/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120486 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved-Resolved - Due Diligence Vendor-04/06/2026 <br> Open-A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($XXXX) were applied to the total fee variance of ($XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-04/06/2026 <br> Resolved- - Due Diligence Vendor-04/06/2026 <br> Open- - Due Diligence Vendor-04/06/2026 <br> Counter-The refund of $XXXX is required to resolve the tolerance fail while only $XXXX was refunded to the borrower for the cure. - Due Diligence Vendor-04/01/2026 <br> Ready for Review-Document Uploaded. Tolerance cure - Seller-03/31/2026 <br> Open-A Lender Credit for Excess Charges of ($XXXX), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($0.00) were applied to the total fee variance of ($XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-03/27/2026 <br> Open- - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. Tolerance cure - Seller-03/31/2026<br>| Resolved-Resolved - Due Diligence Vendor-04/06/2026 <br>Resolved- - Due Diligence Vendor-04/06/2026<br>| Documents _ XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120486 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved- - Due Diligence Vendor-04/06/2026 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee, Tax Related Service Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX). - Due Diligence Vendor-04/06/2026 <br> Resolved- - Due Diligence Vendor-03/27/2026 <br> Resolved- - Due Diligence Vendor-03/27/2026 <br> Ready for Review-Document Uploaded. CD - A cure for XXXX was given back to the borrower. - Seller-03/26/2026 <br> Counter-COC is required. Provide the COC for the appraisal fee increase from the initial LE XXXX to Initial CD dated XXXX and the COC for the tax related service fee increase from the initial CD XXXX to final CD dated XXXX. - Due Diligence Vendor-03/25/2026 <br> Ready for Review-Document Uploaded. Post CD - Seller-03/24/2026 <br> Open- - Due Diligence Vendor-03/12/2026 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee, Tax Related Service Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX). 1) Appraisal fee increased from initial LE XXXX to Initial CD dated XXXX & 2) Tax Related Service Fee increased from initial CD XXXX to Final CD datedXXXX. Provide the COC's for the same. - Due Diligence Vendor-03/11/2026 <br> Open- - Due Diligence Vendor-03/11/2026 <br> Open- - Due Diligence Vendor-03/11/2026 | Ready for Review-Document Uploaded. CD - A cure for XXXX was given back to the borrower. - Seller-03/26/2026 <br> Ready for Review-Document Uploaded. Post CD - Seller-03/24/2026 | Resolved- - Due Diligence Vendor-04/06/2026 <br>Resolved- - Due Diligence Vendor-03/27/2026<br>| CD-Post Consummation.pdf<br> Documents _ XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120486 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Exception provided for CO amount greater than $1.5mm max for 70% LTV with FICO greater than 700 per GL with comp factors. - Due Diligence Vendor-0XXXX <br> Ready for Review-Document Uploaded. Exception Approval - Seller-0XXXX <br> Open-Cash Out is not completed according to the guideline requirements For cash out refinance - As per GL XXXXpage #22 for all programs ≤ 70% LTV & ≥ 700 FICO: $XXXX max cash in hand is allowed, Borrower is getting cash back amount $XXXX not meeting the GL. - Due Diligence Vendor-03/11/2026 | Ready for Review-Document Uploaded. Exception Approval - Seller-0XXXX<br>| Waived-Exception provided for CO amount greater than $1.5mm max for 70% LTV with FICO greater than 700 per GL with comp factors. - Due Diligence Vendor-0XXXX<br>| Exception Approval.pdf |  | 33.55% LTV is below the maximum 75% LTV by 41.45%.<br> 28.43% DTI is below the maximum 45% DTI by 16.57%.<br> 794 Representative credit score exceeds the minimum required of 680 by 114 points. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350120506 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received confirmation of replacement cost. - Due Diligence Vendor-0XXXX <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-0XXXX <br> Ready for Review-Document Uploaded. See attached - Seller-03/13/2026 <br> Open-Hazard Insurance Policy Partially Provided Provide updated Hazard Insurance policy or Replacement cost estimator. Hazard Insurance Coverage amount of $XXXX is Less than Loan Amount of $XXXX. - Due Diligence Vendor-03/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/13/2026<br>| Resolved-Received confirmation of replacement cost. - Due Diligence Vendor-0XXXX <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-0XXXX<br>| HOI Replacement Cost Estimator.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120506 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock in agreement provided, updated & condition resolved. - Due Diligence Vendor-03/16/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-03/13/2026 <br>Open-Provide Evidence of rate lock. Only received float agreement. - Due Diligence Vendor-03/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/13/2026<br>| Resolved-Requested lock in agreement provided, updated & condition resolved. - Due Diligence Vendor-03/16/2026<br>| Lock-In Agreement.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120507 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Requested Replacement cost confirmation provided in findings, updated & condition resolved. - Due Diligence Vendor-03/16/2026 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-03/16/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-03/13/2026 <br> Open-Hazard Insurance Policy Partially Provided Hazard Insurance Coverage Amount of $XXXX is Less than Loan Amount of $XXXX and Guaranteed Replacement Coverage is No, Need RCE document. - Due Diligence Vendor-03/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/13/2026<br>| Resolved-Requested Replacement cost confirmation provided in findings, updated & condition resolved. - Due Diligence Vendor-03/16/2026 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-03/16/2026<br>| Property Insurance - Replacement Cost Estimator.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120524 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception provided on page #664. Exception Request for Condo exception - 1) Project has outstanding critical repairs that consist of the swimming pool bulkhead wall. The repairs have not started yet but are set to begin XXXX. The ETA of completion is XXXX. The subject unit's safety and habitability is not affected by the repairs. The cost of repairs is $XXXX and the project is using funds from the reserves along with a special assessment to cover the repairs. 2) Master Policy has ACV on roofs older than 12 years. The roofs are original (XXXX) but they were coated in XXXX. This project demonstrates financial stability by allocating 21% in reserves annually and they currently hold a reserve balance of $XXXX. - Due Diligence Vendor-03/16/2026 |  | Waived-Exception provided on page #664. Exception Request for Condo exception - 1) Project has outstanding critical repairs that consist of the swimming pool bulkhead wall. The repairs have not started yet but are set to begin XXXX. The ETA of completion is XXXX. The subject unit's safety and habitability is not affected by the repairs. The cost of repairs is $XXXX and the project is using funds from the reserves along with a special assessment to cover the repairs. 2) Master Policy has ACV on roofs older than 12 years. The roofs are original (XXXX) but they were coated in XXXX. This project demonstrates financial stability by allocating 21% in reserves annually and they currently hold a reserve balance of $XXXX. - Due Diligence Vendor-03/16/2026 |  |  | Client elects to waive with the following compensating factors:<br> 21.43% LTV is below the maximum 85% LTV by 63.57%.<br> 42.2% DTI is below the maximum 45% DTI by 2.8%.<br> Monthly reserves are verified and at least 4 or months over the guideline minimum. <br>| XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120514 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Requested Short term rental documents provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026 <br> Resolved-Validation Resolved - Due Diligence Vendor-03/24/2026 <br> Ready for Review-Document Uploaded. - Seller-03/23/2026 <br> Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide rental documentation used to qualify in the amount of $XXXX. - Due Diligence Vendor-0XXXX | Ready for Review-Document Uploaded. - Seller-03/23/2026<br>| Resolved-Requested Short term rental documents provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-03/24/2026<br>| Short-Term Rent Schedule (STR Form).pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120514 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Eligibility | Business Entity Formation Doc Missing | Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-03/24/2026 <br>Resolved-Requested updated LLC docs provided, updated & condition resolved. - Due Diligence Vendor-03/19/2026 <br>Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-03/19/2026 <br>Ready for Review-Document Uploaded. - Seller-03/XXXX/2026 <br>Open-Entity Formation Doc Indicator is Missing. Provide Operating Agreement and EIN#. - Due Diligence Vendor-0XXXX | Ready for Review-Document Uploaded. - Seller-03/XXXX/2026<br>| Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-03/24/2026 <br>Resolved-Requested updated LLC docs provided, updated & condition resolved. - Due Diligence Vendor-03/19/2026 <br>Resolved-Validation Resolved' Please provide Articles of Incorporation or comparable documents. - Due Diligence Vendor-03/19/2026<br>| Title LLC Information State of AL.pdf<br> Domestic LLC Certificate ORIGINAL - XXXX.pdf<br> SOS Active - XXXX.pdf<br> Domestic LLC Certificate AMENDMENT XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120514 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception provided on page #731. Exception Request for Condo exception - 1) Project has outstanding critical repairs that consist of a balcony project - the balconies are showing wear and some have a negative slope that needs repaired. This project is in the development stages with the engineering company. They do not know the exact cost yet as bids are expected to start coming in XXXX to give owners 6 months' notice on the assessment. Then the project will be performed this fall. The repairs do not affect the safety and habitability of the unit. 2) The subject unit's square footage is XXXX which is under the allowable 475. This project demonstrates financial stability by allocating 23% in reserves annually and they currently hold a reserve balance of $XXXX. - Due Diligence Vendor-0XXXX |  | Waived-Exception provided on page #731. Exception Request for Condo exception - 1) Project has outstanding critical repairs that consist of a balcony project - the balconies are showing wear and some have a negative slope that needs repaired. This project is in the development stages with the engineering company. They do not know the exact cost yet as bids are expected to start coming in XXXXst to give owners 6 months' notice on the assessment. Then the project will be performed this fall. The repairs do not affect the safety and habitability of the unit. 2) The subject unit's square footage is XXXX which is under the allowable 475. This project demonstrates financial stability by allocating 23% in reserves annually and they currently hold a reserve balance of $XXXX. - Due Diligence Vendor-0XXXX |  |  | Client elects to waive with the following compensating factors:<br> 75% LTV is below the maximum 80% LTV by 5%.<br> 771 Representative credit score exceeds the minimum required of 720 by 51 points.<br> Housing payment history is 0x30x24. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120479 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Flood Insurance Effective Date is after the Note Date | Resolved-Prior Flood insurance policy dated XXXX to XXXX uploaded, Verified - Resolved - Due Diligence Vendor-03/19/2026 <br> Ready for Review-Document Uploaded. Current and previous flood insurance - Seller-03/XXXX/2026 <br> Open-Flood Insurance Effective Date of XXXX is after the Note Date of XXXX Flood Insurance Effective Date of XXXX is after the closing date of XXXX, Provide Flood insurance prior to closing.<br> - Due Diligence Vendor-0XXXX | Ready for Review-Document Uploaded. Current and previous flood insurance - Seller-03/XXXX/2026<br>| Resolved-Prior Flood insurance policy dated XXXX uploaded, Verified - Resolved - Due Diligence Vendor-03/19/2026 | Current & Previous Flood Ins.pdf |  |  | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120479 |  |  | Closed | XXXX | XXXX | 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-03/19/2026 <br> Ready for Review-Document Uploaded. cleared alerts - Seller-03/XXXX/2026 <br> Open-Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 371) is showing uncleared alert, provide updated fraud report.<br> - Due Diligence Vendor-0XXXX | Ready for Review-Document Uploaded. cleared alerts - Seller-03/XXXX/2026<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/19/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120497 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#664<br> Condo exception - Project has outstanding critical repairs. The HOA did pass their milestone inspection, but noted some areas of concern. The HOA is in the process of obtaining bids for repairs and expect repairs to begin fall/winter XXXX. The repairs consist of deteriorated, damaged, or failing stucco, Spalling concrete, Guardrail or handrail repairs, damaged windows/glazing, failed/deteriorated sealants, deck coatings recommended/ balcony cracks<br> or failing repairs. The Project demonstrates financial stability by allocating 39% in reserves and hold a current reserve balance of $XXXX. - Due Diligence Vendor-0XXXX |  | Waived-Loan does not conform to program guidelines Exception on page#664<br> Condo exception - Project has outstanding critical repairs. The HOA did pass their milestone inspection, but noted some areas of concern. The HOA is in the process of obtaining bids for repairs and expect repairs to begin fall/winter XXXX. The repairs consist of deteriorated, damaged, or failing stucco, Spalling concrete, Guardrail or handrail repairs, damaged windows/glazing, failed/deteriorated sealants, deck coatings recommended/ balcony cracks<br> or failing repairs. The Project demonstrates financial stability by allocating 39% in reserves and hold a current reserve balance of $XXXX. - Due Diligence Vendor-0XXXX |  |  | Client elects to waive with the following compensating factors:<br> Borrower(s) have 17.76 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 759. Minimum required per guidelines is 720.<br> Housing payment history is 0x30x24 or better. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120522 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Validation Resolved' - Due Diligence Vendor-03/24/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026 <br>Open-VOR/VOM Doc Status should not be 'Missing'. Provide VOR or 12 months rent receipts. - Due Diligence Vendor-03/19/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026<br>| Resolved-Validation Resolved' - Due Diligence Vendor-03/24/2026<br>| VOM - Verification of Mortgage or Rent.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120522 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-HOA Questionnaire is Present - Due Diligence Vendor-03/24/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026 <br>Open-HOA Questionnaire is Missing or Partial. Provide Condo Questionnaire. - Due Diligence Vendor-03/19/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026<br>| Resolved-HOA Questionnaire is Present - Due Diligence Vendor-03/24/2026<br>| Condo Questionnaire.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120522 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Requested updated title policy with updated coverage amount that covers loan amount provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/24/2026 <br> Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount Provide title policy with a minimum coverage of $XXXX. Policy provided did not have an amount listed. - Due Diligence Vendor-03/19/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026<br>| Resolved-Requested updated title policy with updated coverage amount that covers loan amount provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/24/2026 | Title - Policy see page 14.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120522 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-We have exception in file on page #354 for "Condo exception - Project has outstanding critical repairs and litigation. 1.)Outstanding repairs from Boiler Inspection (Tank relief valve replacement, Isolation valve needs to be drained, Hot water storage tank on bldg B. replacement, relief valves replacement). Repairs have been scheduled and awaiting permits to begin repairs. 2.)There is a pending litigation where a unit owner is suing the HOA for Breach of agreement. The Insurance is not providing a defense, and we cannot obtain the claim amount at this time. The claim involves a leak that wasn't disclosed and caused damage to the plaintiff's unit. The HOA has sufficient reserves to cover the claim amount since we expect damages not to exceed the value of the unit (approx. $XXXX). Current reserve balance is $XXXX. - Due Diligence Vendor-03/19/2026 |  | Waived-We have exception in file on page #354 for "Condo exception - Project has outstanding critical repairs and litigation. 1.)Outstanding repairs from Boiler Inspection (Tank relief valve replacement, Isolation valve needs to be drained, Hot water storage tank on bldg B. replacement, relief valves replacement). Repairs have been scheduled and awaiting permits to begin repairs. 2.)There is a pending litigation where a unit owner is suing the HOA for Breach of agreement. The Insurance is not providing a defense, and we cannot obtain the claim amount at this time. The claim involves a leak that wasn't disclosed and caused damage to the plaintiff's unit. The HOA has sufficient reserves to cover the claim amount since we expect damages not to exceed the value of the unit (approx. $XXXX). Current reserve balance is $XXXX. - Due Diligence Vendor-03/19/2026 |  |  | Client elects to waive with the following compensating factors:<br> 31.58% DTI is below the maximum 50% DTI by XXXX.42%.<br> $XXXX,780.35 reserves exceed the minimum required of $11,713.32 exceeds the minimum by 3.62 months over the required minimum.<br> Borrower has $4,407 residual income after all expenses. Minimum required per guideline is $2,500.<br>| XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120522 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 317 and the Final Closing disclosure on Pg#'s 89, reflects escrows. Rate lock date was entered correctly – see Pg#'s 84. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 416, and confirmation the appraisal was delivered to the borrower – see Pg#'s 82. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/19/2026 <br> Open- - Due Diligence Vendor-03/20/2026 <br> Open- - Due Diligence Vendor-03/19/2026 <br> Open- - Due Diligence Vendor-03/19/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 317 and the Final Closing disclosure on Pg#'s 89, reflects escrows. Rate lock date was entered correctly – see Pg#'s 84. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 416, and confirmation the appraisal was delivered to the borrower – see Pg#'s 82. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/19/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120526 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-We have exception in file on page #2491 for "Condo exception - This project has an active construction defect litigation, and the repairs are not complete. The litigation is due to damages that resulted from the defendant's dredging and seawall replacement project that is adjacent to the condo. The repairs are related to soil settlement and elevation changes. All units are part of the litigation; however, the subject unit is not affected by the defects. The claim does not affect the building or unit where the subject resides. The claim is for damage to one of the association's pools and pool house. There is not a time frame for the repairs - the project is on XXXX County's court docket for XXXX, once the case is settled repairs will begin. The HOA is asking $XXXX million in funds to be recovered. The Project demonstrates financial stability by allocating 12.8% in reserves and hold a current<br> reserve balance of $XXXX", Recommends waiving. - Due Diligence Vendor-03/20/2026 |  | Waived-We have exception in file on page #2491 for "Condo exception - This project has an active construction defect litigation, and the repairs are not complete. The litigation is due to damages that resulted from the defendant's dredging and seawall replacement project that is adjacent to the condo. The repairs are related to soil settlement and elevation changes. All units are part of the litigation; however, the subject unit is not affected by the defects. The claim does not affect the building or unit where the subject resides. The claim is for damage to one of the association's pools and pool house. There is not a time frame for the repairs - the project is on XXXX County's court docket for XXXX, once the case is settled repairs will begin. The HOA is asking $XXXX million in funds to be recovered. The Project demonstrates financial stability by allocating 12.8% in reserves and hold a current<br> reserve balance of $XXXX", Recommends waiving. - Due Diligence Vendor-03/20/2026 |  |  | Client elects to waive with the following compensating factors:<br> 48.08% LTV is below the maximum 80% LTV by 31.92%.<br> 38.84% DTI is below the maximum 50% DTI by 11.16%.<br> 799 Representative credit score exceeds the minimum required of 720 by 79 points. | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120498 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-03/25/2026 <br> Ready for Review-Document Uploaded. Okay, I understand. Please see the attached - Seller-03/25/2026 <br> Counter-The Final Title policy is not needed. The loan amount needs to match on a refinance. A title supplement with the loan amount will also work. - Due Diligence Vendor-03/24/2026 <br> Ready for Review-Why wouldn't this be sufficient as this is over the loan amount? We don't have the policy just yet, our Final Docs Dept handles those post purchase.<br> Please advise. - Seller-03/24/2026 <br> Counter-Received title already in file for $XXXX. Need title policy with the Loan amount of $XXXX to match the current loan amount. - Due Diligence Vendor-03/24/2026 <br> Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026 <br> Open-Title Document is Incomplete Provide Title policy with amount of insurance to match the loan amount of $XXXX. - Due Diligence Vendor-03/20/2026 | Ready for Review-Document Uploaded. Okay, I understand. Please see the attached - Seller-03/25/2026 <br>Ready for Review-Why wouldn't this be sufficient as this is over the loan amount? We don't have the policy just yet, our Final Docs Dept handles those post purchase.<br> Please advise. - Seller-03/24/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026<br>| Resolved-Title Document is Provided And Complete - Due Diligence Vendor-03/25/2026<br>| Title - Commitment.pdf<br> Documents - XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120498 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested Lock In Agreement provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026 <br>Open-Provide Evidence of rate lock. Only received float agreement. - Due Diligence Vendor-03/XXXX/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-03/23/2026<br>| Resolved-Requested Lock In Agreement provided, updated & condition resolved. - Due Diligence Vendor-03/24/2026<br>| Lock-In Agreement.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120498 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Audited Loan Amount is less than Guideline Minimum Loan Amount Exception provided on page #396. Exception Request for 1) Loan amount is less than $XXXX- cash out remains at 75% LTV though appraisal marked for declining status. - Due Diligence Vendor-03/XXXX/2026 |  | Waived-Audited Loan Amount is less than Guideline Minimum Loan Amount Exception provided on page #396. Exception Request for 1) Loan amount is less than $XXXX- cash out remains at 75% LTV though appraisal marked for declining status. - Due Diligence Vendor-03/XXXX/2026 |  |  | Client elects to waive with the following compensating factors:<br> $81,051 reserves exceed the minimum required of $9,688 exceeds the minimum by 8 months over the required minimum.<br> 770 Representative credit score exceeds the minimum required of 700 by 70 points.<br> Housing payment history with no late payments 0x30x12.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120498 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | DSCR is less than 1.00 | Waived-Exception provided on page #396. Exception Request for 2) Use of actual reported totals for STR rental over established 12 months, which exceed a lower 1007 estimate of STR rent comps (annual average at $XXXX results in DSCR listed below, but appraiser comps average $XXXX). - Due Diligence Vendor-03/XXXX/2026 |  | Waived-Exception provided on page #396. Exception Request for 2) Use of actual reported totals for STR rental over established 12 months, which exceed a lower 1007 estimate of STR rent comps (annual average at $2326 results in DSCR listed below, but appraiser comps average $1529). - Due Diligence Vendor-03/XXXX/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> $81,051 reserves exceed the minimum required of $9,688 exceeds the minimum by 8 months over the required minimum.<br> 770 Representative credit score exceeds the minimum required of 700 by 70 points.<br> Housing payment history with no late payments 0x30x12. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120498 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #396. Exception Request for 1) Loan amount is less than $100K- cash out remains at 75% LTV though appraisal marked for declining status. - Due Diligence Vendor-03/XXXX/2026 |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #396. Exception Request for 1) Loan amount is less than $XXXX- cash out remains at 75% LTV though appraisal marked for declining status. - Due Diligence Vendor-03/XXXX/2026 |  |  | Client elects to waive with the following compensating factors:<br> $81,051 reserves exceed the minimum required of $9,688 exceeds the minimum by 8 months over the required minimum.<br> 770 Representative credit score exceeds the minimum required of 700 by 70 points.<br> Housing payment history with no late payments 0x30x12.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350120500 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Exception on page#276:<br> 2-unit cash-out file. One unit is under lease, but the second unit is currently vacant but rent-ready and in marketable condition with appraisal to support. The unit is being actively shown. The borrower prefers to close prior to lease execution to secure financing terms and avoid delays associated with tenant occupancy timing. Requesting exception to consider vacant unit market rent from 1007 for qualifying.<br> - Due Diligence Vendor-03/XXXX/2026 |  | Waived-Exception on page#276:<br> 2-unit cash-out file. One unit is under lease, but the second unit is currently vacant but rent-ready and in marketable condition with appraisal to support. The unit is being actively shown. The borrower prefers to close prior to lease execution to secure financing terms and avoid delays associated with tenant occupancy timing. Requesting exception to consider vacant unit market rent from 1007 for qualifying.<br> - Due Diligence Vendor-03/XXXX/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> Borrower(s) have 97.06 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 764. Minimum required per guidelines is 700.<br> Housing payment history 0x30 for 69 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350120484 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 Deed of Trust Signature does not match Note | Resolved-Attached document is the Real Estate Specific Durable Power of Attorney notarized XXXX - Due Diligence Vendor-04/01/2026 <br> Resolved-Borrower 1 Signature matches Note - Due Diligence Vendor-04/01/2026 <br> Ready for Review-Document Uploaded. POA - Seller-03/30/2026 <br> Counter-Document uploaded is not the Power of Attorney agreement - Due Diligence Vendor-03/25/2026 <br> Ready for Review-Document Uploaded. POA - Seller-03/25/2026 <br> Open-Borrower 1 Signature does not match Note Need a copy of the POA for XXXX - Due Diligence Vendor-03/23/2026 | Ready for Review-Document Uploaded. POA - Seller-03/30/2026 <br>Ready for Review-Document Uploaded. POA - Seller-03/25/2026<br>| Resolved-Attached document is the Real Estate Specific Durable Power of Attorney notarized XXXX - Due Diligence Vendor-04/01/2026 <br>Resolved-Borrower 1 Signature matches Note - Due Diligence Vendor-04/01/2026<br>| POA.pdf<br>POA.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120484 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Expired | Resolved-attached documents show the wire transfer of the gift - Due Diligence Vendor-04/01/2026 <br> Resolved-Asset 3 Not Expired Or Not Applicable - Due Diligence Vendor-04/01/2026 <br> Ready for Review-Document Uploaded. Gift wire - Seller-03/30/2026 <br> Counter-removed asset for XXXX bank XXXX, Gift funds now in asset 3 position. wire confirmation for gift funds iao of $XXXX not in file - Due Diligence Vendor-03/25/2026 <br> Ready for Review-Document Uploaded. Updated 1003 removing assets - Seller-03/25/2026 <br> Open-Asset 3 Expired Asset 3 is expired. Provide the updated statement for the XXXX bank account #XXXX. - Due Diligence Vendor-03/23/2026 | Ready for Review-Document Uploaded. Gift wire - Seller-03/30/2026 <br>Ready for Review-Document Uploaded. Updated 1003 removing assets - Seller-03/25/2026<br>| Resolved-attached documents show the wire transfer of the gift - Due Diligence Vendor-04/01/2026 <br>Resolved-Asset 3 Not Expired Or Not Applicable - Due Diligence Vendor-04/01/2026<br>| 1003.pdf<br>Gift Wire.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120484 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-There are uncleared alerts in fraud report, Provided updated fraud report, Updated & Condition Resolved - Due Diligence Vendor-03/25/2026 <br> Ready for Review-Document Uploaded. cleared alerts - Seller-03/25/2026 <br> Open-Missing Third Party Fraud Report Provide Third Party Fraud Report with all Cleared alerts as Per the GL XXXX page # 26<br> - Due Diligence Vendor-03/23/2026 | Ready for Review-Document Uploaded. cleared alerts - Seller-03/25/2026<br>| Resolved-There are uncleared alerts in fraud report, Provided updated fraud report, Updated & Condition Resolved - Due Diligence Vendor-03/25/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120517 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Client elects to waive with the following compensating factors. - Due Diligence Vendor-03/26/2026 <br>Waived-Income and Employment Do Not Meet Guidelines Client elects to waive with the following compensating factors. - Due Diligence Vendor-03/24/2026 |  | Waived-Client elects to waive with the following compensating factors. - Due Diligence Vendor-03/26/2026 <br>Waived-Income and Employment Do Not Meet Guidelines Client elects to waive with the following compensating factors. - Due Diligence Vendor-03/24/2026<br>|  |  | $40,123.62 reserves exceed the minimum required of $XXXX,895.44 exceeds the minimum by 13.48 months over the required minimum.<br> 33.73% DTI is below the maximum 41% DTI by 7.27%. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120517 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Rate Lock Document is Missing | Resolved-Evidence of Rate Lock provided. - Due Diligence Vendor-03/26/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-03/25/2026 <br>Open-Evidence of Rate lock missing. - Due Diligence Vendor-03/24/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/25/2026<br>| Resolved-Evidence of Rate Lock provided. - Due Diligence Vendor-03/26/2026<br>| Lock history XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120517 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-03/26/2026 <br> Resolved-This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg# 506 and the Final Closing disclosure on Pg# 127 reflects escrows. Rate lock date was entered correctly – see Pg# findings. An interior and exterior appraisal was completed for this property – see Pg# 78 , the appraisal disclosure was provided to the borrower(s)- see Pg# 664 , and copy of the appraisal was given to the borrower – see Pg# 1XXXX for the copy of the disclosure. The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-03/25/2026 <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXXThe loan does not meet HPML guidelines. Rate Lock Disclosure missing. <br> - Due Diligence Vendor-03/24/2026 <br> Open- - Due Diligence Vendor-03/24/2026 <br> Open- - Due Diligence Vendor-03/24/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/25/2026<br>| Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-03/26/2026 <br>Resolved-This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg# 506 and the Final Closing disclosure on Pg# 127 reflects escrows. Rate lock date was entered correctly – see Pg# findings. An interior and exterior appraisal was completed for this property – see Pg# 78 , the appraisal disclosure was provided to the borrower(s)- see Pg# 664 , and copy of the appraisal was given to the borrower – see Pg# 1XXXX for the copy of the disclosure. The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-03/26/2026<br>| Lock Agreement.pdf<br> Bona Fide XXXX.pdf<br> Lock history XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120482 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR is less than 1.00 | Resolved-Master building coverage provided, resolved. - Due Diligence Vendor-04/01/2026 <br> Ready for Review-Document Uploaded. Master Policy and HO 6. All in the closing package - Seller-04/01/2026 <br> Counter-Missing HOI dec page showing coverage amounts. - Due Diligence Vendor-03/31/2026 <br> Ready for Review-Is the Master Insurance Policy. Using the XXXX% - Seller-03/30/2026 <br> Counter-Missing XXXX other monthly. It looks as if this if an additional HOI as there is a invoice in the file but it does not include dwelling coverage or anything else just an invoice. - Due Diligence Vendor-03/30/2026 <br> Ready for Review-Document Uploaded. Taxes (uploaded) Unit XXXX is XXXX% XXXX x XXXX% = XXXX = XXXX = (We used XXXX to qualify) . - Seller-03/27/2026 <br> Open-Missing proof of the tax amount paid by borrower and the $XXXX other monthly. - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. Master Policy and HO 6. All in the closing package - Seller-04/01/2026 <br> Ready for Review-Is the Master Insurance Policy. Using the 17.17% - Seller-03/30/2026 <br> Ready for Review-Document Uploaded. Taxes (uploaded) Unit XXXX is 17.17% XXXX x 17.17% = XXXX/12 = XXXX = (We used XXXX to qualify) . - Seller-03/27/2026 | Resolved-Master building coverage provided, resolved. - Due Diligence Vendor-04/01/2026<br>| XXXX_Taxes_XXXX.pdf<br> XXXX_insurance.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120482 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax certificate provided, resolved. - Due Diligence Vendor-03/30/2026 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/30/2026 <br>Ready for Review-Uplaoded - Seller-03/27/2026 <br>Open-Missing Evidence of Property Tax Missing property tax information. - Due Diligence Vendor-03/27/2026 | Ready for Review-Uplaoded - Seller-03/27/2026<br>| Resolved-Tax certificate provided, resolved. - Due Diligence Vendor-03/30/2026 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/30/2026<br>|  |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120482 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Requested BPA document provided, Updated & Condition Resolved - Due Diligence Vendor-03/30/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-03/30/2026 <br>Ready for Review-Document Uploaded. Uploaded. In was in the closing doc's page 1XXXX. - Seller-03/27/2026 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure is missing from file. - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. Uploaded. In was in the closing doc's page 1XXXX. - Seller-03/27/2026<br>| Resolved-Requested BPA document provided, Updated & Condition Resolved - Due Diligence Vendor-03/30/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-03/30/2026<br>| XXXX_Business PUrpose.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120494 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received business bank statement calculator. - Due Diligence Vendor-04/02/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. see attached - Seller-04/02/2026 <br>Counter-Still need Bank statement income calculators. Received residual income and retirement calculator. This information is already in file. Bank statement income was used to qualify as well. - Due Diligence Vendor-03/27/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-03/27/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Business Bank Statement income calculator. - Due Diligence Vendor-03/26/2026 | Ready for Review-Document Uploaded. see attached - Seller-04/02/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-03/27/2026<br>| Resolved-Received business bank statement calculator. - Due Diligence Vendor-04/02/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/02/2026<br>| Income Calculation Worksheet second.pdf<br>Income Calculation Worksheet_2.pdf<br>Income Calculation Worksheet_2.pdf<br>Bank Statement Calculator_2.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120494 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-03/27/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-03/27/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-03/26/2026 | Ready for Review-Document Uploaded. See attached - Seller-03/27/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-03/27/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120494 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-Audited FICO of 679 is less than Guideline FICO of 680 Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/26/2026 |  | Waived-Audited FICO of 679 is less than Guideline FICO of 680 Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/26/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 70% LTV is equal to the maximum of 70% LTV <br> 44.46% DTI is below the maximum 50% DTI by 5.54%.<br> Housing payment history 0x30 for 85 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120494 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | North Carolina - Rate Spread Home Loan (First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXX) The loan meets HPML guidelines. - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXX) The loan meets HPML guidelines. - Due Diligence Vendor-03/26/2026 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120494 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #327 and the Final Closing disclosure on Pg #208-213 reflects escrows. Rate lock date was entered correctly – see Pg #205 An interior and exterior appraisal was completed for this property – see Pg #39-48, the appraisal disclosure was provided to the borrower(s)- see Pg #388, 193 and copy of the appraisal was given to the borrower – see Pg #388, 193 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 <br> Open- - Due Diligence Vendor-03/26/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #327 and the Final Closing disclosure on Pg #208-213 reflects escrows. Rate lock date was entered correctly – see Pg #205 An interior and exterior appraisal was completed for this property – see Pg #39-48, the appraisal disclosure was provided to the borrower(s)- see Pg #388, 193 and copy of the appraisal was given to the borrower – see Pg #388, 193 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/26/2026 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120528 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property has been listed for sale in the past 6 months | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/26/2026 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/26/2026<br>|  |  | 69.83% LTV is below the maximum 75% LTV by 5.17%.<br> 752 Representative credit score exceeds the minimum required of 700 by 52 points.<br> Housing payment history 0x30 for 30 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120504 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Received QCD. The property has a Quick Claim Deed which vested the property to LLC. So the property belongs to the LLC and that is why only XXXX signed the mortgage because they are the sole owner of the property. XXXX is a borrower, but she has no vested interest in the property. - Due Diligence Vendor-03/27/2026 <br> Ready for Review-Document Uploaded. - Seller-03/27/2026 <br> Ready for Review-The property has a Quick Claim Deed which vested the property to LLC.<br>So the property belongs to the LLC and that is why only XXXX signed the mortgage because they are the sole owner of the property. XXXX is a borrower, but she has no vested interest in the property. - Seller-03/27/2026 <br> Open-The Deed of Trust is Missing Provided the executed Deed of Trust with Borrower 2 signature. - Due Diligence Vendor-03/26/2026 | Ready for Review-Document Uploaded. - Seller-03/27/2026 <br> Ready for Review-The property has a Quick Claim Deed which vested the property to LLC.<br>So the property belongs to the LLC and that is why only XXXX signed the mortgage because they are the sole owner of the property. XXXX is a borrower, but she has no vested interest in the property. - Seller-03/27/2026 | Resolved-Received QCD. The property has a Quick Claim Deed which vested the property to LLC. So the property belongs to the LLC and that is why only XXXXsigned the mortgage because they are the sole owner of the property. XXXX is a borrower, but she has no vested interest in the property. - Due Diligence Vendor-03/27/2026 | QUIT CLAIM DEED.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120485 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved-Resolved - Due Diligence Vendor-04/03/2026 <br> Ready for Review-Document Uploaded. COC - Seller-04/02/2026 <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($XXXX). The Last CD shows a total lender credit amount of ($XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX). Lender credits decreased from redisclosed CD ($XXXX) dated XXXX to final CD ($XXXX) dated XXXX. Provide the COC for same. - Due Diligence Vendor-03/27/2026 <br> Open- - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. COC - Seller-04/02/2026<br>| Resolved-Resolved - Due Diligence Vendor-04/03/2026<br>| XXXX COC XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120485 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Final Title Policy uploaded, Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s), Verified - Resolved - Due Diligence Vendor-03/31/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/31/2026 <br> Ready for Review-Document Uploaded. Title Policy - Seller-03/30/2026 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount $XXXX - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. Title Policy - Seller-03/30/2026<br>| Resolved-Final Title Policy uploaded, Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s), Verified - Resolved - Due Diligence Vendor-03/31/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/31/2026 | Full Lender Policy XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120485 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-LCA (XXXX SSR) uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-03/31/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-03/31/2026 <br>Ready for Review-Document Uploaded. XXXX SSR - Seller-03/30/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 File needs a XXXX or FHLMC UCDP/SSR report with a score less than 2.5, or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. XXXX SSR - Seller-03/30/2026<br>| Resolved-LCA (XXXX SSR) uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-03/31/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-03/31/2026<br>| XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120516 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Allowing for 75% cash-out LTV to be retained, despite status noted for declining market. - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. - Seller-04/01/2026 <br>Open-Audited LTV of 75% exceeds Guideline LTV of 70% Property is in a declining market. LTV is reduced 5% resulting in max LTV of 70%. Submitted LTV of 75% exceeds guidelines. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-04/01/2026<br>| Waived-Allowing for 75% cash-out LTV to be retained, despite status noted for declining market. - Due Diligence Vendor-04/02/2026<br>| exception apprvoal.pdf |  | Client elects to waive with the following compensating factors:<br> 758 Representative credit score exceeds the minimum required of 720 by 38 points<br> $750,000 reserves exceed the minimum required of $53,9XXXX.1 exceeds the minimum by 77.46 months over the required minimum.<br> Housing payment history 0x30 for 36 months. | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120516 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Sufficient housing history is already present in file on page #488, updated & condition resolved. - Due Diligence Vendor-04/01/2026 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/01/2026 <br> Ready for Review-Document Uploaded. - Seller-03/31/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Provide VOM or proof of the Primary XXXX being owned free and clear. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-03/31/2026<br>| Resolved-Sufficient housing history is already present in file on page #488, updated & condition resolved. - Due Diligence Vendor-04/01/2026 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/01/2026<br>| VOM - XXXX on Subj Prop, next due XXXX.pdf<br> VOM - XXXX.pdf<br> VOM - XXXX.pdf |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120516 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested self employment business narrative provided, updated & condition resolved. - Due Diligence Vendor-04/01/2026 <br>Ready for Review-Document Uploaded. - Seller-03/31/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-03/31/2026<br>| Resolved-Requested self employment business narrative provided, updated & condition resolved. - Due Diligence Vendor-04/01/2026<br>| Business Narrative Signed.pdf |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120518 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Validation Resolved' - Due Diligence Vendor-03/31/2026 <br>Ready for Review-Document Uploaded. - Seller-03/31/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset depletion income calculator for Borrower 1. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-03/31/2026<br>| Resolved-Validation Resolved' - Due Diligence Vendor-03/31/2026<br>| Bank Statement Calculator_2.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120518 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Received Asset Depletion calculator. - Due Diligence Vendor-03/31/2026 <br> Ready for Review-Document Uploaded. - Seller-03/31/2026 <br> Open-Provide 6 months of IRA statements for ROTH IRA account #XXXX for Asset depletion verification. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-03/31/2026<br>| Resolved-Received Asset Depletion calculator. - Due Diligence Vendor-03/31/2026<br>| Asset Depletion Calculator_2.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120518 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business narrative received. - Due Diligence Vendor-03/31/2026 <br>Ready for Review-Document Uploaded. - Seller-03/31/2026 <br>Open-Provide Business Narrative for Borrower 2. - Due Diligence Vendor-03/30/2026 | Ready for Review-Document Uploaded. - Seller-03/31/2026<br>| Resolved-Business narrative received. - Due Diligence Vendor-03/31/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120495 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Per UW "Borrower used personal bank statements until XXXX but used a 12 month average only using 10 months bank statements". - Due Diligence Vendor-03/31/2026 <br> Ready for Review-Document Uploaded. per UW "Borrower used personal bank statements until XXXX but used a 12 month average only using 10 months bank statements" - Seller-03/31/2026 <br> Open-Provide 2 months of missing Business bank statements to complete 12 months. Received statements from XXXX. - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. per UW "Borrower used personal bank statements until XXXX but used a 12 month average only using 10 months bank statements" - Seller-03/31/2026 | Resolved-Per UW "Borrower used personal bank statements until XXXX but used a 12 month average only using 10 months bank statements". - Due Diligence Vendor-03/31/2026 | XXXX, XXXX XXXX.pdf<br> XXXX,XXXX XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120495 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested Business narrative provided in findings, updated & condition resolved. - Due Diligence Vendor-03/31/2026 <br>Ready for Review-Document Uploaded. - Seller-03/30/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-03/27/2026 | Ready for Review-Document Uploaded. - Seller-03/30/2026<br>| Resolved-Requested Business narrative provided in findings, updated & condition resolved. - Due Diligence Vendor-03/31/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120496 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/27/2026 |  | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-03/27/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 47.02 % DTI is below the maximum 50% DTI by 2.8%.<br> 795 Representative credit score exceeds the minimum required of 740 by 55 points.<br> Borrower has worked in same job more than 3 years. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350120492 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Resolved - Due Diligence Vendor-04/02/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-04/01/2026 <br> Open- - Due Diligence Vendor-03/31/2026 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX). Provide COC. Appraisal Fee increased from $XXXX to $XXXX. - Due Diligence Vendor-03/31/2026 <br> Open- - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. See attached - Seller-04/01/2026<br>| Resolved-Resolved - Due Diligence Vendor-04/02/2026<br>| Change of Circumstance Form.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120492 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested Business narrative provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-04/01/2026 <br>Open-Provide Business Narrative for B1 & B2. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. See attached - Seller-04/01/2026<br>| Resolved-Requested Business narrative provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026<br>| Business Narrative Signed.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120503 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. - Seller-04/01/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset depletion calculator. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. - Seller-04/01/2026<br>| Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/02/2026<br>| Asset Depletion Calculator_2.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120503 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Requested executed DOT provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. - Seller-04/01/2026 <br>Open-The Deed of Trust is Missing Provide executed Deed of Trust. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. - Seller-04/01/2026<br>| Resolved-Requested executed DOT provided, updated & condition resolved. - Due Diligence Vendor-04/02/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/02/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120503 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Income and Employment Do Not Meet Guidelines Exception provided on page #124. Exception Request for Supplemental asset depletion income is being used, but is 23.8% of total income so just under 25%. - Due Diligence Vendor-03/31/2026 |  | Waived-Income and Employment Do Not Meet Guidelines Exception provided on page #124. Exception Request for Supplemental asset depletion income is being used, but is 23.8% of total income so just under 25%. - Due Diligence Vendor-03/31/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 39.63% LTV is below the maximum 70% LTV by 30.37%.<br> 46.94% DTI is below the maximum 50% DTI by 3.06%.<br> Housing payment history 0x30 for 24 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120503 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #124. Exception Request for 1) The borrower is in a private mortgage that he took out when he bought the house 15 years ago. The original note was a 2 year balloon note. When the 2 years were up, the seller and buyer had a verbal agreement (not written) to continue the payments as both were happy with the terms of the loan. The seller would now like to be paid off, but has accepted monthly payments at the original amount , reports as clean history via VOM. - Due Diligence Vendor-03/31/2026 |  | Waived-Loan does not conform to program guidelines Exception provided on page #124. Exception Request for 1) The borrower is in a private mortgage that he took out when he bought the house 15 years ago. The original note was a 2 year balloon note. When the 2 years were up, the seller and buyer had a verbal agreement (not written) to continue the payments as both were happy with the terms of the loan. The seller would now like to be paid off, but has accepted monthly payments at the original amount , reports as clean history via VOM. - Due Diligence Vendor-03/31/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 39.63% LTV is below the maximum 70% LTV by 30.37%.<br> 46.94% DTI is below the maximum 50% DTI by 3.06%.<br> Housing payment history 0x30 for 24 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120503 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #232 and the Final Closing disclosure on Pg #83-87 reflects escrows. Rate lock date was entered correctly – see Pg #357 An interior and exterior appraisal was completed for this property – see Pg #47-54, the appraisal disclosure was provided to the borrower(s)- see Pg #73, 430 and copy of the appraisal was given to the borrower – see Pg #73,430for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/31/2026 <br> Open- - Due Diligence Vendor-03/31/2026 <br> Open- - Due Diligence Vendor-03/31/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #232 and the Final Closing disclosure on Pg #83-87 reflects escrows. Rate lock date was entered correctly – see Pg #357 An interior and exterior appraisal was completed for this property – see Pg #47-54, the appraisal disclosure was provided to the borrower(s)- see Pg #73, 430 and copy of the appraisal was given to the borrower – see Pg #73,430for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-03/31/2026 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120525 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business narrative. - Due Diligence Vendor-04/02/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-04/01/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-04/01/2026 | Ready for Review-Document Uploaded. See attached - Seller-04/01/2026<br>| Resolved-Received Business narrative. - Due Diligence Vendor-04/02/2026<br>| business_narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120533 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Client elects to waive with the following compensating factors:<br> Housing history audited is 0X30X10. Guidelines require 0X30X12. - Due Diligence Vendor-04/13/2026 <br> Ready for Review-Document Uploaded. Uploaded - Seller-04/13/2026 <br> Counter-XXXX account ending in XXXX for XXXX do not show on the credit report . This account is in someone else's name. XXXX for XXXX shows on credit report for 10 months. Missing 2 months housing history for 12 months per guidelines. - Due Diligence Vendor-04/09/2026 <br> Ready for Review-Document Uploaded. Uploaded - The borrower moved into her current home XXXX. Prior she lived at XXXX (Mortgage on credit) - Seller-04/09/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Verified housing history months are 10 no previous mortgage is reflecting in fraud report. Provide property report to verify 12 months housing history. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. Uploaded - Seller-04/13/2026 <br> Ready for Review-Document Uploaded. Uploaded - The borrower moved into her current home XXXX. Prior she lived at XXXX (Mortgage on credit) - Seller-04/09/2026 | Waived-Client elects to waive with the following compensating factors:<br> Housing history audited is 0X30X10. Guidelines require 0X30X12. - Due Diligence Vendor-04/13/2026<br>| Final 1003.pdf<br>Exception Form.pdf |  | 75% LTV is below the maximum 80% LTV by 5%.<br> 43.75% DTI is below the maximum 50% DTI by 6.25%.<br> 749 Representative credit score exceeds the minimum required of 720 by 29 points<br> $195,193 reserves exceed the minimum required of $21,620 exceeds the minimum by 9 months over the required minimum. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350120533 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower 1 Credit Report is Incomplete | Resolved-Credit report provided, resolved. - Due Diligence Vendor-04/06/2026 <br>Ready for Review-Document Uploaded. Uploaded - Seller-04/03/2026 <br>Open-Borrower 1 Credit Report is Partially Present. Page 1 of 5 of credit report is missing. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. Uploaded - Seller-04/03/2026<br>| Resolved-Credit report provided, resolved. - Due Diligence Vendor-04/06/2026<br>| XXXX_Credit Report_XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120532 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Data | The Initial 1003 is Incomplete | Resolved- - Due Diligence Vendor-04/17/2026 <br>Ready for Review-Initial 1003 uploaded - Due Diligence Vendor-04/17/2026 <br>Ready for Review-Document Uploaded. Initial 1003 - Seller-04/16/2026 <br>Open-One in file B1 signature and date is missing. Provide B1 initial 1003 with signature and date. - Due Diligence Vendor-03/31/2026 | Ready for Review-Document Uploaded. Initial 1003 - Seller-04/16/2026<br>|  | Initial 1003.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120488 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received clear alert report updated fraud page. - Due Diligence Vendor-04/09/2026 <br> Ready for Review-Document Uploaded. cleared alerts - Seller-04/09/2026 <br> Open-Per the GL XXXX page # 05 a clear fraud report is required. The Fraud report in file (page #309) is showing high 1 uncleared alert. The required cleared Fraud report is missing.<br>- Due Diligence Vendor-04/02/2026 | Ready for Review-Document Uploaded. cleared alerts - Seller-04/09/2026<br>| Resolved-Received clear alert report updated fraud page. - Due Diligence Vendor-04/09/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120488 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/07/2026 <br>Ready for Review-Document Uploaded. XXXX SSR - Seller-04/07/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 The file is missing secondary valuation or additional valuation. Provide a XXXX or FHLMC UCDP/SSR report with a score less than 2.5, or an appraisal desk review.<br> - Due Diligence Vendor-04/02/2026 | Ready for Review-Document Uploaded. XXXX SSR - Seller-04/07/2026<br>| Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/07/2026<br>| XXXX XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120530 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Credit | Missing non-subject rental income documentation | Resolved-evidence of taxes used for all properties with updated 1003/1008 uploaded - Due Diligence Vendor-04/15/2026 <br> Ready for Review-Document Uploaded. So sorry, here is evidence of taxes used for all properties with updated 1003/1008 - Seller-04/14/2026 <br> Counter-Hello, I don't believe that the documentation tat you uploaded is for this borrower. - Due Diligence Vendor-04/14/2026 <br> Ready for Review-Document Uploaded. Access Letter attached - Seller-04/13/2026 <br> Open-Provide the proof document of Negative Rental income of $XXXX for REO " XXXX & "XXXX Negative Rental income of $816.16 " also " XXXX Negative Rental income of $XXXX". - Due Diligence Vendor-04/06/2026 | Ready for Review-Document Uploaded. So sorry, here is evidence of taxes used for all properties with updated 1003/1008 - Seller-04/14/2026 <br>Ready for Review-Document Uploaded. Access Letter attached - Seller-04/13/2026<br>| Resolved-evidence of taxes used for all properties with updated 1003/1008 uploaded - Due Diligence Vendor-04/15/2026<br>| Access Letter.pdf<br> 0 XXXX- Taxes.pdf<br> XXXX - Taxes.pdf<br> 1003.1008.pdf<br> XXXX - Taxes.pdf |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120530 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Requested updated 1008 with updated income provided, updated & condition resolved. - Due Diligence Vendor-04/09/2026 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2026 <br> Ready for Review-Document Uploaded. Updated 1008 - Seller-04/08/2026 <br> Open-The 1008 document is missing from the loan file. Provide the updated 1008 with income of $XXXX767. As per the Final 1003 & Calculated income is $XXXX but 1008 document showing as $XXXX. - Due Diligence Vendor-04/06/2026 | Ready for Review-Document Uploaded. Updated 1008 - Seller-04/08/2026<br>| Resolved-Requested updated 1008 with updated income provided, updated & condition resolved. - Due Diligence Vendor-04/09/2026 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2026<br>| 1008.pdf |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120508 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-04/10/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-04/07/2026 | Ready for Review-Document Uploaded. See attached - Seller-04/10/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120511 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-04/07/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-04/10/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026<br>| Business Narrative - Clarification.pdf<br>Business Narrative.pdf |  |  | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120483 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report, updated system. - Due Diligence Vendor-04/08/2026 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/08/2026 <br> Open-Per the GL XXXX page #26 a clear fraud report is required. The fraud report in file (page #441) contains an uncleared alert. Provide an updated fraud report.<br> - Due Diligence Vendor-04/07/2026 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/08/2026<br>| Resolved-Received cleared fraud report, updated system. - Due Diligence Vendor-04/08/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120527 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-04/10/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-04/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-04/10/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-04/10/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120527 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Exception provided on page #367. Exception Request for Requesting 90% LTV though credit score is 740, below the requirement for Alt Doc at 760. - Due Diligence Vendor-04/08/2026 |  | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Exception provided on page #367. Exception Request for Requesting 90% LTV though credit score is 740, below the requirement for Alt Doc at 760. - Due Diligence Vendor-04/08/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 42.53% DTI is below the maximum 50% DTI by 7.47%.<br> Borrower has been employed at current job for 3 years.<br> Borrower has worked in the same job more than 3 years.  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350120527 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #355 and the Final Closing disclosure on Pg #165-169 reflects escrows. Rate lock date was entered correctly – see Pg #163 An interior and exterior appraisal was completed for this property – see Pg #38-40, the appraisal disclosure was provided to the borrower(s)- see Pg #157, 396 and copy of the appraisal was given to the borrower – see Pg #157, 396 for the copy of the disclosure. The loan meets HPML guidelines."<br> - Due Diligence Vendor-04/08/2026 <br> Open- - Due Diligence Vendor-04/09/2026 <br> Open- - Due Diligence Vendor-04/08/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).XXXX "This loan failed the higher-priced mortgage loan test. (XXXX)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #355 and the Final Closing disclosure on Pg #165-169 reflects escrows. Rate lock date was entered correctly – see Pg #163 An interior and exterior appraisal was completed for this property – see Pg #38-40, the appraisal disclosure was provided to the borrower(s)- see Pg #157, 396 and copy of the appraisal was given to the borrower – see Pg #157, 396 for the copy of the disclosure. The loan meets HPML guidelines."<br> - Due Diligence Vendor-04/08/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120487 |  |  | Closed | XXXX | XXXX | 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-04/13/2026 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/10/2026 <br> Open-Per the GL XXXX page # 05 a clear fraud report is required. The required cleared Fraud report is missing.<br> - Due Diligence Vendor-04/09/2026 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-04/10/2026<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/13/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120487 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title coverage is less than loan amount, Updated Title Document provided, updated & Condition Resolved - Due Diligence Vendor-04/10/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/10/2026 <br> Ready for Review-Document Uploaded. final commitment that it reflects the correct loan amount - Seller-04/09/2026 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Title coverage amount of $XXXX is less then the loan amount of $XXXX - Due Diligence Vendor-04/08/2026 | Ready for Review-Document Uploaded. final commitment that it reflects the correct loan amount - Seller-04/09/2026<br>| Resolved-Title coverage is less than loan amount, Updated Title Document provided, updated & Condition Resolved - Due Diligence Vendor-04/10/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/10/2026 | Commitment Final.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120531 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HUD/Closing Statement not signed by Borrower or Title Agent | Resolved-confirmed ok to proceed with Ledger as FSS - Due Diligence Vendor-04/21/2026 <br>Counter-The settlement statement provided initially in the file was on the HUD-1 format and the provided is on a CD which contains an error for the PPP. Provide the final executed settlement statement in the original format meeting the terms of the loan. - Due Diligence Vendor-04/13/2026 <br>Ready for Review-Document Uploaded. Final CD and Ledger - Seller-04/10/2026 <br>Open-The final settlement statement is not signed by the borrower and settlement agent. Provide the final settlement statement signed by the borrower and settlement agent. - Due Diligence Vendor-04/10/2026 | Ready for Review-Document Uploaded. Final CD and Ledger - Seller-04/10/2026<br>| Resolved-confirmed ok to proceed with Ledger as FSS - Due Diligence Vendor-04/21/2026<br>| XXXX_Ledger.pdf<br> XXXX_Closing Disclosure.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120531 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Doc Locator is Missing or Partial | Resolved-Guaranty Agreement Doc uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/14/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/14/2026 <br>Ready for Review-Document Uploaded. Guaranty Agreement - Seller-04/13/2026 <br>Open-Guaranty Agreement Doc is Missing or Partial Guaranty agreement is missing. Provide the Guaranty agreement. - Due Diligence Vendor-04/09/2026 | Ready for Review-Document Uploaded. Guaranty Agreement - Seller-04/13/2026<br>| Resolved-Guaranty Agreement Doc uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/14/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/14/2026<br>| XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120529 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-DTI is under threshold - Due Diligence Vendor-04/17/2026 <br> Ready for Review-Document Uploaded. Updated 1008 - Seller-04/16/2026 <br> Open-Originator Considered monthly liabilities as $XXXX but the actual liabilities are $XXXX, due to this is a discrepancy in DTI - Due Diligence Vendor-04/13/2026 | Ready for Review-Document Uploaded. Updated 1008 - Seller-04/16/2026<br>| Resolved-DTI is under threshold - Due Diligence Vendor-04/17/2026<br>| 1008.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350120529 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Credit | Missing non-subject rental income documentation | Resolved- - Due Diligence Vendor-04/17/2026 <br> Ready for Review-Document Uploaded. 1003 attached shows no rental income being used for XXXX - Seller-04/16/2026 <br> Open-Provide the proof document of Rental income $XXXX for REO " XXXX" - Due Diligence Vendor-04/13/2026 | Ready for Review-Document Uploaded. 1003 attached shows no rental income being used for XXXX - Seller-04/16/2026 |  | 1003.pdf |  | rental income has been removed and updated | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |

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## Exhibit 99.34

**Exhibit 99.34**

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

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| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary 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** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350120509 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 4350120490 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible | 1 | XXXX |
| XXXX | 4350120489 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | 4350120512 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX Eligible | 1.5 | XXXX |
| XXXX | 4350120491 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120513 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 45.73 | 45.73 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120480 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120493 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120486 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 33.55 | 33.55 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120506 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 47.86 | 47.86 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXXX |
| XXXX | 4350120507 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120524 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 21.43 | 21.43 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 4350120514 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120479 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55.49 | 55.49 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120497 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120522 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible | 1.6 | XXXX |
| XXXX | 4350120526 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 48.08 | 48.08 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120498 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350120500 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120484 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 72.73 | 72.73 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120517 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 58.68 | 58.68 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 4350120481 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 49 | 49 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120482 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 58.58 | 58.58 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120494 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120528 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.83 | 69.83 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120504 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 46.95 | 46.95 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120485 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120516 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120518 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 4350120495 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 46.51 | 46.51 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120496 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120505 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120492 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.6 | 57.6 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120503 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 39.63 | 39.63 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120525 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | 4350120533 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | 4350120532 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | 4350120501 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55.33 | 55.33 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 4350120523 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 4350120488 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  |  |
| XXXX | 4350120530 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 26.32 | 26.32 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | 4350120520 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120519 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.85 | 73.85 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350120521 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 43.55 | 43.55 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120510 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.64 | 74.64 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120508 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120511 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 84.52 | 84.52 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | 4350120483 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 66.4 | 66.4 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120527 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120502 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120499 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 71.18 | 71.18 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350120487 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.98 | 73.98 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | 4350120515 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350120531 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 77.59 | 77.59 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350120529 |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 58.68 | 58.68 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |

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## Exhibit 99.35

**Exhibit 99.35**

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

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350120489 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date verified from Note page 456. |
| XXXX | 4350120489 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated per loan program & documentation. |
| XXXX | 4350120489 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Qualifying Total Housing expenses PITIA is matching with 1008 Tape data not included Taxes and Insurance. |
| XXXX | 4350120489 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | A+ | Non Agency NQM | Loan program A+ updated from drop down whereas tape data showing Non Agency NQM |
| XXXX | 4350120489 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Updated 1008 provided. DTI matches now |
| XXXX | 4350120491 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type Updated per Loan program and documentation |
| XXXX | 4350120491 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Confirmed Tradelines updated per Credit report. |
| XXXX | 4350120491 |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | disclosuresPage | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job updated as per Final 1003 |
| XXXX | 4350120513 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | 4350120513 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Subject loan is DSCR. |
| XXXX | 4350120480 |  |  | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Updated as per Final Note and verified from all closing documents |
| XXXX | 4350120480 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | True data is correct, property is a PUD per appraisal. |
| XXXX | 4350120480 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data shows only P&I whereas true data shows PITIA. |
| XXXX | 4350120480 |  |  | XXXX | B1 Verified Citizenship Designation | fraudReportPage | Permanent Non-US Citizen | Permanent Resident Alien | Updated as per Borrower Identification document |
| XXXX | 4350120493 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | 2YR Full Doc | Confirmed Verified Doc Type qualifying with Asset Depletion – Debt Ratio Calculation |
| XXXX | 4350120486 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Updated as per appraisal and 1008 |
| XXXX | 4350120486 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per note |
| XXXX | 4350120486 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for income calculation and hence doc type updated the same. |
| XXXX | 4350120486 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX - Non-QM | Non Agency NQM | Loan program verified from loan approval and updated as XXXX |
| XXXX | 4350120486 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Audited DTI 28.43% Lender DTI 28.77% variance 0.34 % is within the tolerance limit of 1% this is due to lender considered the all other monthly payments as $XXXX |
| XXXX | 4350120486 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOI, TAX & HOA amount whereas true data shows PITIA. |
| XXXX | 4350120506 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350120524 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | 2YR Full Doc | Confirmed Verified Doc Type is 1YR Full Doc |
| XXXX | 4350120514 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350120514 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Verified Doc Type is DSCR |
| XXXX | 4350120479 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type is PUD verified from appraisal page 26 and PUD rider is on page 653. |
| XXXX | 4350120479 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Qualifying Total Housing expenses PITIA is matching Tape data not included HOA amount. |
| XXXX | 4350120497 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350120497 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Verified Doc Type is DSCR confirmed. |
| XXXX | 4350120497 |  |  | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA verified from appraisal report. |
| XXXX | 4350120522 |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | disclosuresPage | XXXX | XXXX | 2 year is correct as per page #532. |
| XXXX | 4350120498 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120500 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350120500 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is Two to Four Unit verified appraisal report |
| XXXX | 4350120500 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350120484 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Updated as per appraisal |
| XXXX | 4350120484 |  |  | XXXX | Interest Rate | notePage | XXXX | XXXX | Updated as per note |
| XXXX | 4350120484 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for income calculation and hence doc type updated the same. |
| XXXX | 4350120484 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA amount of whereas true data shows PITIA. |
| XXXX | 4350120484 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program verified from loan approval and updated as XXXX - Non QM |
| XXXX | 4350120482 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | XXXX | XXXX | Calculated CLTV is 58.58 |
| XXXX | 4350120482 |  |  | XXXX | Qualifying LTV | propertyValuationPage | XXXX | XXXX | Calculated LTV is 58.58. |
| XXXX | 4350120482 |  |  | XXXX | Loan Purpose | the1003Page | Refinance | Cash out Refi | Loan is qualifying with No cash out borrower initiated. |
| XXXX | 4350120494 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Verified Doc Type is 12 Month Bank Statement |
| XXXX | 4350120494 |  |  | XXXX | Refinance Type | disclosuresPage | Cash Out - Other | Cash Out - Debt Consolidation | Refinance Type is Cash Out - Other |
| XXXX | 4350120528 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350120528 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | true | false | Borrower 2 Sex - Female updated from final 1003 |
| XXXX | 4350120528 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Verified Doc Type is DSCR |
| XXXX | 4350120504 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120504 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | true | false | Borrower 2 Sex - Female updated from Final 1003 |
| XXXX | 4350120485 |  |  | XXXX | Interest Rate | notePage | XXXX | XXXX | Updated as per note |
| XXXX | 4350120485 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per note |
| XXXX | 4350120485 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for income calculation and hence doc type updated the same. |
| XXXX | 4350120485 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOI & TAX amount whereas true data shows PITIA. |
| XXXX | 4350120485 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program verified from loan approval and updated as XXXX - Non QM |
| XXXX | 4350120516 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Borrower qualifying with 12 Month Bank Statement |
| XXXX | 4350120518 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Confirmed Verified Doc Type is Asset Depletion – Debt Ratio Calculation |
| XXXX | 4350120495 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Borrower is qualifying with 12 Month Bank Statement |
| XXXX | 4350120496 |  |  | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $2000 | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350120505 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120492 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Borrower qualifying with 12 Month Bank Statement |
| XXXX | 4350120503 |  |  | XXXX | Refinance Type | disclosuresPage | Cash Out - Other | Cash Out - Debt Consolidation | Confirmed Refinance Type is Cash Out - Other |
| XXXX | 4350120525 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | Alternative | Borrower qualifying with 24 Month Bank Statement |
| XXXX | 4350120533 |  |  | XXXX | Property State | notePage | XXXX | XXXX | As per closing document Property state is XXXX. |
| XXXX | 4350120532 |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | B1 income not using for qualification hence updated the same |
| XXXX | 4350120532 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | XXXX | XXXX | Per GL 02.20.2026 page #35, B2 income is used for qualification , higher monthly income is considered the primary borrower and their credit score can be used as the Decision Credit Score. B2 FICO of 814 should be used. However, this FICO difference doesn't impact any GL limits. |
| XXXX | 4350120532 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | True data correct, updated as per note and verified from all closing docs |
| XXXX | 4350120532 |  |  | XXXX | Interest Rate | notePage | XXXX | XXXX | True data correct, updated as per note and verified from all closing docs |
| XXXX | 4350120532 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for income calculation and hence doc type updated the same. |
| XXXX | 4350120532 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | A+ | Non Agency NQM | Loan program verified from loan approval and updated as XXXX |
| XXXX | 4350120501 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120501 |  |  | XXXX | Refinance Type | supplementalDataEntryPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $2000 | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350120523 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120523 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR |
| XXXX | 4350120488 |  |  | XXXX | Borrower 1 Self-Employment Flag | 1003OcrPage | No | Yes | Loan qualifies with DSCR Program |
| XXXX | 4350120488 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date updated as per Note document. |
| XXXX | 4350120488 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Loan qualifies with DSCR Program |
| XXXX | 4350120488 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data has considered PITIA amount |
| XXXX | 4350120530 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date as per Note document is XXXX but Tape data showing XXXX. consider as per the doc. |
| XXXX | 4350120530 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts, However file is No Escrows. |
| XXXX | 4350120530 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan Program as per Loan Approval XXXX 30 Yr Program consider the same.\ |
| XXXX | 4350120530 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX |  |
| XXXX | 4350120520 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350120520 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR |
| XXXX | 4350120521 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | 4350120521 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type updated from Appraisal document |
| XXXX | 4350120521 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR loan |
| XXXX | 4350120510 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR confirmed. |
| XXXX | 4350120510 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | true | false | Borrower 2 Sex - XXXX verified from ID. |
| XXXX | 4350120510 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income on 1003 | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350120510 |  |  | XXXX | Monthly Hazard Insurance Premium | propertyInsurancePage | XXXX | XXXX | Monthly Hazard Insurance Premium verified & matches tape data, difference in decimal. |
| XXXX | 4350120508 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | true | false | Borrower 2 Sex - XXXX verified from ID. |
| XXXX | 4350120508 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Borrower qualifying with 12 Month Bank Statement |
| XXXX | 4350120511 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Verified Doc Type is 12 months bank statement. |
| XXXX | 4350120511 |  |  | XXXX | Refinance Type | supplementalDataEntryPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $2000 | Cash to close is $XXXX, which is not more than 2% of the loan amount; therefore, the loan has been correctly updated as a no-cash-out refinance. |
| XXXX | 4350120483 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date is updated as per note document |
| XXXX | 4350120483 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | ALT DOC | Non-DSCR Used for qualification hence document type updated as same |
| XXXX | 4350120483 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data shows only P&I whereas true data shows PITIA. |
| XXXX | 4350120483 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program updated from drop down, tape and true data values matches. |
| XXXX | 4350120527 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Borrower qualifying with 12 Month Bank Statement |
| XXXX | 4350120502 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR Confirmed |
| XXXX | 4350120502 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR Confirmed. |
| XXXX | 4350120499 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | XXXX | XXXX | Audited CLTV of 71.18% verified by Appraisal and Note. Loan Amount $XXXX/Appraised Value $XXXX=71.18%. Lower of Sales price and appraised value used. |
| XXXX | 4350120499 |  |  | XXXX | Qualifying LTV | propertyValuationPage | XXXX | XXXX | Audited CLTV of 71.18% verified by Appraisal and Note. Loan Amount $XXXX/Appraised Value $XXXX=71.18%. Lower of Sales price and appraised value used. |
| XXXX | 4350120487 |  |  | XXXX | Borrower 1 Self-Employment Flag | 1003OcrPage | No | Yes | Loan qualifies with DSCR program |
| XXXX | 4350120487 |  |  | XXXX | Interest Rate | notePage | XXXX | XXXX | Interest rate updated based on Note document. |
| XXXX | 4350120487 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX - DSCR | DSCR | Loan program updated based on loan approval document. |
| XXXX | 4350120487 |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | XXXX | XXXX | The difference in originated and calculated DSCR is 0.043, verified with Tax, Note, insurance ,1007 document and have Derived the DSCR as 1.003 |
| XXXX | 4350120531 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | True data is correct, Updated as per appraisal and 1008 |
| XXXX | 4350120531 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, Updated from note and verified from all closing documents |
| XXXX | 4350120531 |  |  | XXXX | Prepayment Penalty Type | notePage | Hard | 5 | True data is correct, Updated as per prepayment addendum |
| XXXX | 4350120531 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | DSCR loan, Updated as per loan approval |
| XXXX | 4350120531 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA amount whereas true data shows PITIA. |
| XXXX | 4350120529 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per Final Note and verified from all closing documents |
| XXXX | 4350120529 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Borrowers used 12 month bank statement to qualify for the income |
| XXXX | 4350120529 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data shows only P&I whereas true data shows PITIA. |
| XXXX | 4350120529 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Originator Considered monthly liabilities as $XXXX but the actual liabilities are $XXXX due to this is a discrepancy in DTI |

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