# EDGAR Filing Document

**Accession Number:** 0001877632
**File Stem:** 0001999371-26-003215
**Filing Date:** 2026-2
**Character Count:** 2100683
**Document Hash:** 1b2d445fc8356533ac13afa731f3ad42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-003215.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001999371-26-003215

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

**PUBLIC DOCUMENT COUNT**: 71

**CONFORMED PERIOD OF REPORT**: 20260212

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

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AOMT II, LLC
- **CENTRAL INDEX KEY:** 0001877632

**ORGANIZATION NAME:**
- **EIN:** 872049514
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-05717
- **FILM NUMBER:** 26627725

**BUSINESS ADDRESS:**
- **STREET 1:** 3344 PEACHTREE ROAD NE
- **STREET 2:** SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** 3344 PEACHTREE ROAD NE
- **STREET 2:** SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AOMT II, LLC
- **CENTRAL INDEX KEY:** 0001877632

**ORGANIZATION NAME:**
- **EIN:** 872049514
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 3344 PEACHTREE ROAD NE
- **STREET 2:** SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** 3344 PEACHTREE ROAD NE
- **STREET 2:** SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM ABS-15G**

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**ASSET-BACKED SECURITIZER REPORT**

Pursuant to Section 15G of

the Securities Exchange Act of 1934

**AOMT II, LLC**

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

☐ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period _______ to ________

Date of Report (Date of earliest event reported):<u> </u>

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(Exact name of securitizer as specified in its charter)

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

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

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

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐

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

**Angel Oak Mortgage Trust 2026-2**

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

Central Index Key Number of depositor: **001877632**

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

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

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

Name and telephone number, including area code of the person

to contact in connection with this filing

**PART I – REPRESENTATION AND WARRANTY INFORMATION**

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

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Not applicable.

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

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Not Applicable.

---

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

---

Not Applicable.

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

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

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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** |

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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.

---

| | |
|:---|:---|
| **AOMT II, LLC** | **AOMT II, LLC** |
| (Sponsor) | (Sponsor) |
| By: | /s/ Sreeniwas Prabhu |
| Name: | Sreeniwas Prabhu |
| Title: | President |

---

Date: February 12, 2026

**EXHIBIT INDEX**

---

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

---

## Exhibit 99.1

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES** 

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client") through its correspondent flow business channel. The Review was conducted on Loans with origination dates from June 2025 to November 2025 via files imaged and provided by the Client or its designee for review. The Review included loans reviewed under the Credit and Compliance Scope (4 mortgage loans) and the Leases Review Scope (2 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Leases Review Scope) are together referred to as the Loans.

The securitization transaction referred to as the AOMT 2026-2 transaction (the "Current Securitization") has an aggregate loan population of 6. In total during the Review, AMC reviewed a total of 6 unique mortgage loans for inclusion in the securitization.

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

During the course of the securitization evaluation process, the Client may have removed loans that were reviewed by AMC from the securitization for paid-in-full mortgage loans or other items that were not disclosed to AMC. The final population of the Review covered 6 Loans totaling an aggregate original principal balance of approximately $1.776 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

Within this population there were 6 Loans that were reviewed by AMC to nationally recognized statistical rating organizations, NRSRO(s), standards for compliance, credit, and valuation (the "Residential Population").

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

The Review was conducted consistent with the criteria, as may be relevant for this securitization, for the NRSRO(s) identified in Item 3 of the ABS Due Diligence-15E.

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

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

---

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

---

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

**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.

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![](ex991001.jpg)

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

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

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

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

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

**<u>LEASES REVIEW</u>**

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

Other aspects of AMC's review include (i) verifying that the address matched the mortgage note, (ii) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (iii) confirming the appraiser noted an estimated lease amount to be used in instances where there is no lease in place.

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

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

**Title:** AMC will verify whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower. AMC will also review the Title Commitment for the disclosure issues such as assessments; covenants, conditions and restrictions); access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; and environmental liens. Review for instances of delinquent taxes (non-liens). In addition, AMC will review for Oil, Gas, Water or Mineral rights.

**Fraud / Criminal Background:** To the extent potentially fraudulent activity is identified as part of the document review, such information will be reported to Client. In addition, AMC will look for an independent, third party fraud report and background check in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(VI) Document Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

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

For each QM designated loan that satisfied the applicable requirements enumerated above, AMC then determines whether the loan is a Safe Harbor QM or Higher Priced QM by comparing the loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage.

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

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

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

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

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

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

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

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

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

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

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

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

**(XI) FIRREA Review** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XIII) Document Review** 

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

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

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

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

**(9) Disclaimer.** 

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

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![](ex991001.jpg)

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

**COMPLIANCE RESULTS SUMMARY** 

Note the two (2) Leases were not assigned a Compliance grade. Of the remaining four (4) loans reviewed for compliance, all four (4) loans (100%) subjected to a compliance review received an "A" Compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Compliance Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;2 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;6 | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY** 

Within the securitization population, all six (6) Loans (100.00%) possessed an "A" or "B" Credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;16.67% |
| &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;**6** | &nbsp;&nbsp;**100.00%** |

---

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![](ex991001.jpg)

**PROPERTY/VALUATION RESULTS SUMMARY**

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;6 | &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;**6** | &nbsp;&nbsp;**100.00%** |

---

**OVERALL RESULTS SUMMARY**

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;16.67% |
| &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;**6** | &nbsp;&nbsp;**100.00%** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the six Loans reviewed, there were 34 different tape discrepancies across 8 data fields. As discussed above, there were 31 data fields included in the tape integrity review. Not all data fields would have been provided on all Loans within the securitization population. Please note that Investor: Qualifying Total Debt Ratios where the variance was less than 200 basis points were excluded as deltas.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;4 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;5 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;5 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Originator Loan Designation | &nbsp;&nbsp;3 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**132** | &nbsp;&nbsp;**25.76%** | &nbsp;&nbsp;**6** |

---

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![](ex991001.jpg)

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY\***

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$1775500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &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;6 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$1775500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$604150.00 | &nbsp;&nbsp;34.03% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$737350.00 | &nbsp;&nbsp;41.53% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$434000.00 | &nbsp;&nbsp;24.44% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &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;6 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$1775500.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &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;3 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$1038150.00 | &nbsp;&nbsp;58.47% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;2 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$555750.00 | &nbsp;&nbsp;31.30% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;1 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$181600.00 | &nbsp;&nbsp;10.23% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &nbsp;&nbsp;**100.00%** |

---

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![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;3 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$1250150.00 | &nbsp;&nbsp;70.41% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;2 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$281600.00 | &nbsp;&nbsp;15.86% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$243750.00 | &nbsp;&nbsp;13.73% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Profile** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Full Credit/Compliance | &nbsp;&nbsp;4 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;$1493900.00 | &nbsp;&nbsp;84.14% |
| &nbsp;&nbsp;Leases | &nbsp;&nbsp;2 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$281600.00 | &nbsp;&nbsp;15.86% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**6** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$1775500.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.2

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXX | 2026020220 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.10 |
| XXX | 2026020279 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2026020418 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.90 |
| XXX | 2026020248 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| XXX | 2026020210 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -2.820% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 999.00 |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |

---

## Exhibit 99.3

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Exception Grades** | **Exception Grades** | **Exception Grades** | **Exception Grades** | **Exception Grades** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | 2026020220 | XXX |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | FTI with less than XXX months of owning primary or XXX, lender exception in file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXX months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least XXX%. | XXX months reserves<br>LTV is XXX% below guideline max. | Originator,XXX<br> XXX<br> Originator,XXX | Reviewer Comment (XXX): Lender exception in file. |  |  | XXX | 2 B | XXX | XXX | XXX | XXX | B A |  | N/A | No |
| XXX | 2026020279 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  |  | Reviewer Comment (XXX): Received and associated Business Purpose Certificate. Exception Cleared<br>Buyer Comment (XXX): DOCS UPLOADED | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A |  | N/A | No |
| XXX | 2026020279 | XXX |  | XXX | XXX | XXX | Credit | Title | General | Title | XXX Coverage is less than Original Loan Amount. | The XXX Amount of $XXX is less than the note amount of $XXX based on the Commitment in file. | The XXX Amount of $XXX is less than the note amount of $XXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): See docs provided | XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A |  | N/A | No |
| XXX | 2026020248 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | XXX: Notice of Right to Cancel was not provided. | . |  |  |  | Reviewer Comment (XXX): Permanent financing refinance of construction only loan exempt from rescission under Comment 1026.2(a)(24)-4-ii.<br>Buyer Comment (XXX): XXX from Lender | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | XXX XXX - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXX | 2026020248 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (XXX): Received and associated Fraud Report. Exception cleared.<br>Buyer Comment (XXX): Corresponding Fraud report to cleared alert summary<br>Reviewer Comment (XXX): Received Alert Summary. Please provide the complete Fraud Report. Exception Remains.<br>Buyer Comment (XXX): fraud report | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXX | 2026020248 | XXX |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Final 1003 States XXX as Borrower's previous primary residence. Borrower letter in file states prior primary residence as XXX, living in workshop for last XXX years. Please provide clarification on prior residence and addressXXX. Construction Loan Payoff document in file has XXX. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): The subject is located on parcel XXX highlighted in XXX. You can see two building on the lot. One is the subject and the other is the workshop. | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXX | 2026020210 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Defect | XXX XXX Percent Tolerance Violation Without Sufficient Cure Provided | XXX-XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower. (XXX) | XXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (XXX): XXX received multiple XXX and corresponding XXX.<br>Buyer Comment (XXX):XXX<br>Buyer Comment (XXX): Docs uploaded | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXX | 2026020210 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Defect | XXX XXX Percent Tolerance Violation Without Sufficient Cure Provided | XXX-XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower. (XXX) | XXX Percent Fee Tolerance exceeded for HOA/XXX Questionnaire. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (XXX): XXX received XXX dated XXX and email log for change in XXX management provider.<br>Buyer Comment (XXX): XXX docs uploaded<br>Reviewer Comment (XXX): XXX received HOA cert fee invoice. But, an increase in the invoice amount is not an actual changed circumstance and cannot be tested as such. An increase requires a change in circumstance that the lender did not or could not have known at the time of disclosure. XXX XXX, XXX, Additional Considerations, Row XXX indicates: To illustrate, see examples of sufficient vs. insufficient XXX reasons. Please provide more information or Cure is required.<br>Buyer Comment (XXX): Change<br>Reviewer Comment (XXX): SitusAMC received XXX dated XXX for increase in condo cert fee but the provided reason is not sufficient. Please provide more information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required.<br>Buyer Comment (XXX): XXX uploaded | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Defect | XXX Initial Closing Disclosure Timing without Waiver | XXX-XXX Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least XXX (XXX) business days prior to closing. (Final/XXX) | Closing Disclosure not provided to Borrower(s) at least three (XXX) business days prior to closing. |  |  |  | Reviewer Comment (XXX): XXX received initial CD dated XXX<br>Buyer Comment (XXX): XXX | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: XXX // Employment Type: Employment / Income Type: Wages / Start Date: XXX | The verification of employment is required and was not found in file. |  |  |  | Reviewer Comment (XXX): Received and associated XXX. Exception cleared.<br>Buyer Comment (XXX): XXX | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within XXX business days of the Note. | Borrower:XXX // Employment Type: Employment / Income Type: Wages / Start Date: XXX | The verification of employment is required and was not found in file. |  |  |  | Reviewer Comment (XXX): Received and associated XXX. Exception cleared.<br>Buyer Comment XXX): XXX uploaded to XXX | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Credit | Hazard Insurance | Document Error | XXX | XXX does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | XXX lists lender only without the XXX |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Buyer Comment (XXX): HOI | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | Check Loan Designation Match - XXX | Ability to Repay (XXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of XXX Fail. | Missing employment verification. |  |  |  | Reviewer Comment (XXX): Received and associated XXX. Exception cleared.<br>Buyer Comment (XXX): XXX uploaded to XXX | XXX |  |  | 1 B A C | XXX | XXX | XXX | XXX | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - XXX | Ability to Repay (XXX): Unable to verify current Wages/W-XXX employment status using reasonably reliable third-party records. (XXX Sales Master Corporation/Wages) | Missing employment verification. |  |  |  | Reviewer Comment XXX): Received and associated XXX. Exception cleared.<br>Buyer Comment (XXX): XXX uploaded to XXX | XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020187 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (XXX): General Ability-to-Repay requirements not satisfied. | Missing employment verification. |  |  |  | Reviewer Comment (XXX): Received and associated XXX. Exception cleared. | XXX |  |  | 1 A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |

---

## Exhibit 99.4

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.4**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** |  |  |  |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |  |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXX | 2026020220 | XXX |  | XXX | XXX B |  | A | B | B |  | A | B |  |
| XXX | 2026020279 | XXX |  | XXX | XXX C |  | A | C | A |  | A | A |  |
| XXX | 2026020418 | XXX |  | XXX | XXX A | A | A | A | A | A | A | A |  |
| XXX | 2026020248 | XXX |  | XXX | XXX C | C | A | C | A | A | A | A |  |
| XXX | 2026020210 | XXX |  | XXX | XXX A | C | A | C | A | A | A | A |  |
| XXX | 2026020187 | XXX |  | XXX | XXX C | C | A | C | A | A | A | A |  |

---

## Exhibit 99.5

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.5**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** | **Data Compare Summary (Total)** |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| City | 0 | 6 | 0.00% | 6 |
| State | 0 | 6 | 0.00% | 6 |
| Zip | 0 | 6 | 0.00% | 6 |
| Original Loan Amount | 0 | 6 | 0.00% | 6 |
| First Payment Date | 0 | 6 | 0.00% | 6 |
| Original Term | 5 | 6 | 83.33% | 6 |
| Amortization Term | 5 | 5 | 100.00% | 6 |
| Maturity Date | 0 | 6 | 0.00% | 6 |
| Original Interest Rate | 0 | 6 | 0.00% | 6 |
| Amortization Type | 5 | 5 | 100.00% | 6 |
| Representative FICO | 0 | 6 | 0.00% | 6 |
| Property Type | 0 | 6 | 0.00% | 6 |
| Lien Position | 5 | 6 | 83.33% | 6 |
| Occupancy | 0 | 6 | 0.00% | 6 |
| Purpose | 0 | 6 | 0.00% | 6 |
| Appraised Value | 0 | 5 | 0.00% | 6 |
| Contract Sales Price | 4 | 4 | 100.00% | 6 |
| Original CLTV | 0 | 6 | 0.00% | 6 |
| Original LTV | 0 | 6 | 0.00% | 6 |
| Guideline Name | 5 | 5 | 100.00% | 6 |
| Subject Debt Service Coverage Ratio | 2 | 2 | 100.00% | 6 |
| Street | 0 | 1 | 0.00% | 6 |
| Borrower First Name | 0 | 1 | 0.00% | 6 |
| Borrower Last Name | 0 | 1 | 0.00% | 6 |
| Note Date | 0 | 1 | 0.00% | 6 |
| Original P&I | 0 | 1 | 0.00% | 6 |
| # of Units | 0 | 1 | 0.00% | 6 |
| Refi Purpose | 0 | 1 | 0.00% | 6 |
| Originator Loan Designation | 3 | 4 | 75.00% | 6 |
| LTV Valuation Value | 0 | 1 | 0.00% | 6 |
| Investor: Qualifying Total Debt Ratio | 0 | 4 | 0.00% | 6 |
| **Total** | **34** | **132** | **25.76%** | **6** |

---

## Exhibit 99.6

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.6**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |
| **Run Date - XXX** | **Run Date - XXX** | **Run Date - XXX** |  |  |  |  |  |  |  |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXX | 2026020220 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020220 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020220 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or XXX |
| XXX | 2026020220 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020220 | XXX |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020220 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020220 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020279 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020279 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020279 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020279 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020279 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or XXX |
| XXX | 2026020279 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020279 | XXX |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020248 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020248 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020248 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020248 | XXX |  |  | Originator Loan Designation | N/A | XXX | Verified | Field value reflects source document |
| XXX | 2026020248 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020248 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020210 | XXX |  |  | Originator Loan Designation | N/A | XXX | Verified | Field value reflects source document |
| XXX | 2026020210 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020210 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020210 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020210 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020210 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or XXX |
| XXX | 2026020210 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020187 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020187 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020187 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020187 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020187 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or XXX |
| XXX | 2026020187 | XXX |  |  | Originator Loan Designation | N/A | XXX | Verified | Field value reflects source document |
| XXX | 2026020187 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |

---

## Exhibit 99.7

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.7**

![](ex997001.jpg)

**NARRATIVE**

**AOMT 2026-2**

**By Canopy Financial Technology Partners LLC on February 10, 2026**

Canopy Financial Technology Partners LLC

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

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

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

![](ex997001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;**Description of Services** 

Canopy Financial Technology Partners LLC ("Canopy") performed certain due diligence services (the "Review) described below on Non-Agency Eligible Mortgage Loans ("Loans") backed by residential properties originated or acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client"). The Review was conducted from May 2025 to November 2025 via files imaged and provided by the Client for review.

The Review consisted of a population of eight (8) loans with an aggregate principal balance of $3,302,650.

**Loan Sampling**

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

The Review was conducted consistent with the criteria for the specific Nationally Recognized Statistical Rating Organizations (NRSRO's); Fitch Ratings Inc. and Kroll Bond Rating Agency, LLC.

**Data Integrity**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Label** |  |
| &nbsp;&nbsp;Amortized Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Business Purpose Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;DSCR (when applicable) | &nbsp;&nbsp;.25% tolerance |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Margin (ARM Loan) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Mortgage Origination Channel | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Interest Only Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Rate | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Occupancy Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Prepayment Penalty Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Primary Mortgage or Rent Times 120+ | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Monthly Property Tax Amount | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio (when applicable) | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43, Do not Apply Tolerance if DTI >= 43 and AUS = No |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;No tolerance |

---

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

![](ex997001.jpg)

**Credit Underwriting**

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

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

● Assets and Reserves;

● DTI (when applicable);

● DSCR (when applicable);

● Gross Income (when applicable);

● Housing history;

● Lien Position;

● Loan Purpose;

● LTV/CLTV;

● Monthly debt service;

● Occupancy;

● Property Type;

● Qualifying PITI; and

● Residual Income.

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

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

● Borrower(s) employment history;

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

![](ex997001.jpg)

● Citizenship and eligibility;

● First time home buyer status;

● The application was signed by all borrowers; and

● The application was substantially completed.

**Credit History:** Canopy verified:

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

● Bankruptcy and foreclosure seasoning;

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

● Installment and revolving payment history;

● Mortgage/rental payment history;

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

● Number of tradelines; and

● Representative Credit Score and Methodology.

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

● Verbal or Written VOE's;

● Paystubs;

● W-2 forms;

● Tax returns;

● Financial statements;

● Award letters;

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

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

● Borrower identity:

● Social Security inconsistencies

● Borrower name variations

● Employment

● Licensing – reviewed NMLS data for:

● Mortgage lender/originator

● Loan officer

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

![](ex997001.jpg)

● Occupancy:

● Borrower address history

● Subject property ownership history

● OFAC

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

● Depository account statements;

● Gift funds;

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

● Stock or security account statements; and/or

● VOD's.

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

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

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

● Confirmed that the premium amount on both the hazard and flood insurance match what was used in the DTI calculations;

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

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

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

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

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

**Document Review**

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

● Initial application (1003);

● Final application (1003);

● Note;

● Mortgage/Deed of Trust;

● Appraisal;

● Sales Contract;

● Title Commitment/Policy;

● Junior Lien/Subordination Agreement;

● Mortgage Insurance;

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

● Flood Certification;

● Initial and Final Loan Estimate (LE);

● Initial and Final and Closing Disclosure (CD);

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

**Business Purpose Validation (when applicable)**

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

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

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

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**"Material Compliance Violation":** In the event that no express statement existed in the Loan File, Canopy assessed any and all documentation provided to determine what the actual use of the proceeds were, to best identify that the "primary purpose" of the loan was not in fact for "business purpose" as relied upon by the lender, but is in fact for a "consumer purpose". If, in fact, evidence existed that the proceeds were used for personal, Consumer Purpose, then Canopy identified that the "primary purpose" of the loan is not "business purpose" and as "consumer purpose" subject to the full Consumer Purpose regulatory compliance obligations of an originator as it applies to an assignee, with a material compliance exception of a "C" grade.

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

**Compliance Review**

Canopy reviewed each Loan File and, if applicable, verified that it was consummated in compliance with the applicable federal, state, and local anti-predatory lending statutes in effect at the time of origination of the mortgage loan. Canopy's review included, but was not limited to, the verification and validation that each mortgage loan met the relevant provisions of:

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Initial
 and final application (1003)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Note,
 including all addendums

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Copy
 of note for any junior liens (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Mortgage
 / Deed of Trust, including all riders

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Notice
 of Right to Cancel (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;viii. Rate
 Lock Date Information;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. HOEPA
 Disclosures (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Initial
 Escrow Account Disclosure

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. **TILA/RESPA Integrated Disclosure Testing ("TRID")**. A review and comparison of LEs
 and CDs with a report outlining any TILA violations, including a re-calculation of disclosed
 finance charge, principal and interest calculations, proper completion of the Projected
 Payments table, total of payments, finance charge, amount financed, recalculation of
 disclosed APR and a review to determine disclosure differences were within the allowed
 tolerances and disclosures were provided within the required timeframes. Testing will
 be conducted to fulfill the elements of the Structured Finance Association (SFA) TRID
 Compliance Review Scope ("TRID Grid 4.0");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. **Right of Rescission**. A review of the TILA Right of Rescission, Notice of Right to Cancel,
 including a verification of the transaction date and expiration date, ensuring proper
 execution of the Notice of Right to Cancel by all required parties, verifying the disbursement
 date and determining if a full three (3) day rescission period was adequately provided
 to the borrower(s). The appropriate Model Form will be tested according to applicable
 U.S. Court of Appeals, Circuit Court rulings;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. **Real Estate Settlement Procedures Act (RESPA)/Regulation X**: Review to ensure compliance
 with RESPA/Regulation X documentation and timing requirements in effect at origination
 of the mortgage loan for RESPA disclosures (Servicing Disclosure Statement; Affiliated
 Business Arrangement Disclosure; Initial Escrow Disclosure Statement; List of Homeownership
 Counselling Organizations).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. **Equal Credit Opportunity Act (ECOA)/Regulation B**: Confirm compliance with the January 18,
 2014 requirements regarding the disclosure of the right to receive a copy of appraisals
 within three (3) business days of application, the right to receive a copy of the appraisals
 at least three (3) business days prior to consummation and any applicable waiver. The
 disclosure of the right to receive a copy of appraisals may be met by the disclosure
 on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

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

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

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

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

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

**State & Local Anti-Predatory Requirements**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**QUALIFIED MORTGAGE (QM)** 

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

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

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

***Ability to Repay (ATR)***

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

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

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

**Valuation Review**

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

● With respect to Title XI of FIRREA, Canopy checked for the presence of the appraiser's license, and reviewed for the presence of any red flags related to the mortgaged property that may have posed a risk to the property or occupants.

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

***Independent third-party values***

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

**Valuation Reconciliation Process:**

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

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

**Agency Eligible Loans:**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;**GRADING COMPONENTS** 

&nbsp;&nbsp;&nbsp;&nbsp;**Due Diligence Grading Criteria** 

Upon completion of the Loan File review, Canopy assigned comprehensive grading that considers critical factors based on the specific review completed, in addition to product, client, and rating agency requirements.

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

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

---

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

---

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

---

---

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

---

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

**FINDINGS SUMMARY** 

**Summary Overview** 

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 75.00% (6 loans) have an overall grade of "A", and 25.00% (2 loans) have an overall grade of "B".

Canopy's review concluded a Credit grade of "A" for 75.00%, or six (6) mortgage loans reviewed, and 25.00% (2 loans) have an overall grade of "B".

Canopy's review concluded a Compliance grade of "A" for 100.00%, or eight (8) mortgage loans reviewed, and zero loans (0) have an overall grade of "B".

Canopy's review concluded a Property/Valuation grade of "A" for 100.00%, or eight (8) mortgage loans reviewed, and zero loans (0) have an overall grade of "B".

&nbsp;&nbsp;&nbsp;&nbsp;**FINDINGS TABLE** 

**REVIEW TABLES** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;6 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

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

![](ex997001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;6 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

**Additional Loan Summary Details**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3302650.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3302650.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3302650.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3302650.00** |

---

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

![](ex997001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Cash Out: Debt Consolidation—Proceeds used to pay off existing loans other than loans secured by real estate | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$154700.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$336000.00 |
| &nbsp;&nbsp;Other Than First Time Home Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$2311550.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$500400.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3302650.00** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;120 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;181 - 240 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;241 - 300 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;301 - 360 Months | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$3302650.00 |
| &nbsp;&nbsp;421 - 480 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3302650.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;3 | &nbsp;&nbsp;37.50% | &nbsp;&nbsp;$1680800.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;5 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;$1621850.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$3302650.00** |

---

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

![](ex997001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;**DATA COMPARISON RESULTS** 

Of the eight (8) mortgage loan files reviewed, one (1) unique loan (12.50% by number) had one (1) tape comparison discrepancy across one data field.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;8 | &nbsp;&nbsp;12.50% |

---

**Disclaimer** 

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

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

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

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance. Neither supplemental factual investigation nor enhanced reviews can guarantee that all information provided to the Company will be accurate. Reports are, and must be construed solely as, statements of opinion and not as statements of fact as to credit worthiness, investment, financial, or other recommendation to purchase, sell, or hold any security.* 

*Reports may contain assumptions and/or predictions regarding future events which are "forward-looking" and inherently cannot be verified as facts. Consequently, Reports may be affected by future events or conditions which were not anticipated at the time the Report was made. Such forward-looking statements necessarily involve risks and uncertainties which may result in future performance that is materially different from the Report's assumptions and/or conclusions. As such, Reports are not a guaranty of future performance nor a prospectus related to the underlying securities (if any), and under reliance should not be placed upon the Reports in the purchase, sale, or holding of any security.* 

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

## Exhibit 99.8

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.8**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2026020590 |  | XXX B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Income | Income/Employment General | Waived-Credentials for tax preparer is registered with the XXX as XXX; XXX Participant. - Due Diligence Vendor-XXX |  | Waived-Credentials for tax preparer is registered with the XXX as XXX; Annual Filing Season Programs Participant. - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More | Residual income of $XXX, FICO above minimum by XXX points. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Pre-Close | Yes | XXX |
| 2026020590 |  | XXX B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment Shock Does Not Meet Guideline Requirements | Waived-XXX with Payment shock over XXX%. Unable to calculate, borrower living on vacant land in an XXX and was previously renting from family paid in cash. - Due Diligence Vendor-XXX |  | Waived-XXX with Payment shock over XXX%. Unable to calculate, borrower living on vacant land in an XXX and was previously renting from family paid in cash. - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of 50% By XXX Percent (XXX%) Or More | Residual income of $XXX, FICO above minimum by XXX points. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Pre-Close | Yes | XXX |
| 2026020509 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020379 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020168 |  | XXX B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Neighborhood Location Not Allowed for Guidelines | Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program exception approval for rural property located pg XXX - Due Diligence Vendor-XXX |  | Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program exception approval for rural property located pg XXX - Due Diligence Vendor-XXX | Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points | FICO XXX+ points >than program requirement<br> DTI >XXX% below program requirement or DSCR >XXX% |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes | XXX |
| 2026020346 |  | XXX B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Missing Doc - Approval Info | Underwriting Summary Not Provided | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-1008/Underwriting Summary Not Provided - Due Diligence Vendor-XXX |  | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By Twenty (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX Or More Months |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020205 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020209 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020156 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |

---

## Exhibit 99.9

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.9**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020590 |  | XXX | XXX B A |
| 2026020509 |  | XXX | XXX A |
| 2026020379 |  | XXX | XXX A |
| 2026020168 |  | XXX | XXX B A |
| 2026020346 |  | XXX | XXX B A |
| 2026020205 |  | XXX | XXX A |
| 2026020209 |  | XXX | XXX A |
| 2026020156 |  | XXX | XXX A |

---

## Exhibit 99.10

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **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** |
| 2026020590 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020509 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020379 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020168 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020346 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX Eligible | 1 | XXX |
| 2026020205 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX Eligible | 1.2 | XXX |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020156 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |

---

## Exhibit 99.11

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.11**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** |
| 2026020168 |  | XXX | Property Type | XXX | XXX |

---

## Exhibit 99.12

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.12**

![](ex9912001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-2**

**By Clarifii LLC on February 10, 2026**

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 1

![](ex9912001.jpg)

**CLARIFII CONTACT INFORMATION**

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 347 Loans (the "Loans") originated by a correspondent lender and acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client") for the AOMT 2026-2 transaction. The Loans referenced in this narrative report were reviewed between 02/2025 to 12/2025 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the Loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;147 | &nbsp;&nbsp;42.36% | &nbsp;&nbsp;$56760017.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;44 | &nbsp;&nbsp;12.68% | &nbsp;&nbsp;$20356714.00 |
| &nbsp;&nbsp;Correspondent Bulk | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.31% | &nbsp;&nbsp;$2664500.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;5 | &nbsp;&nbsp;1.44% | &nbsp;&nbsp;$3525000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;143 | &nbsp;&nbsp;41.21% | &nbsp;&nbsp;$60150371.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

The Review consisted of a population of 347 Loans, with an aggregate principal balance of $143,456,602.00.

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

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

**LOAN SAMPLING**

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

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 2

![](ex9912001.jpg)

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

---

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

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &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 Originator Citizenship Designation |
| &nbsp;&nbsp;Borrower 1 Race - Black or African American |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 3

![](ex9912001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Business Entity EIN |
| &nbsp;&nbsp;Business Purpose Flag |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Date Last Rate Was Set |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Initial Originator Signature Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lender Name |
| &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;Originator Doc Type |
| &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 |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 4

![](ex9912001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Property Value Flag - Primary Appraised Property Value |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Seller Loan ID |
| &nbsp;&nbsp;Short Term Rent Source |
| &nbsp;&nbsp;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |
| &nbsp;&nbsp;Vested Business Entity Name |
| &nbsp;&nbsp;Vested Business Entity 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 Clients, including, as applicable, Ability to Repay and Qualified Mortgage requirements. The Credit Qualification review consisted of the following:

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 5

![](ex9912001.jpg)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

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

– Installment and revolving payment history

– Mortgage/Rental payment history

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

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in Loan file

● **Fraud Review** 

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

– 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

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 6

![](ex9912001.jpg)

– Occupancy

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

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

– Employment

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

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

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

OFAC

● **Asset Review** 

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

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in Loan file

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

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 7

![](ex9912001.jpg)

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

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

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

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

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

**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)

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 8

![](ex9912001.jpg)

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– Mortgage / Deed of Trust, including all riders

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

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

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

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

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

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

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).

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 9

![](ex9912001.jpg)

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

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

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

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

**Miscellaneous Compliance Testing**

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

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

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

● **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).

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 10

![](ex9912001.jpg)

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

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

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

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

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

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

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

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

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

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

– 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.

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 11

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● **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.

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 12

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– State License requirements when applicable

– State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

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

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

**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.

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 13

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

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

**VALUATION REVIEW**

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

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

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 14

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**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% <br> Variance to OA or <br> Confidence < 80%** | &nbsp;&nbsp;**Number of Files <br> within -10% of OA <br> or Acceptable UCDP <br> 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 and/or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;145 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;197 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade** 

---

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

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 15

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**Credit Event Grade**

---

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

---

**Valuation Event Grade** 

---

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

---

**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. |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 16

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**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;270 | &nbsp;&nbsp;77.81% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;77 | &nbsp;&nbsp;22.19% |
| &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;**347** | &nbsp;&nbsp;**100.00%** |

---

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

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;286 | &nbsp;&nbsp;82.42% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;61 | &nbsp;&nbsp;17.58% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;345 | &nbsp;&nbsp;99.42% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.58% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;328 | &nbsp;&nbsp;94.52% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;19 | &nbsp;&nbsp;5.48% |
| &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;**347** | &nbsp;&nbsp;**100.00%** |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 17

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**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;0.58% | &nbsp;&nbsp;$1045725.00 |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;345 | &nbsp;&nbsp;99.42% | &nbsp;&nbsp;$142410877.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;93 | &nbsp;&nbsp;26.80% | &nbsp;&nbsp;$60448064.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;20 | &nbsp;&nbsp;5.76% | &nbsp;&nbsp;$8708850.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;234 | &nbsp;&nbsp;67.44% | &nbsp;&nbsp;$74299688.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;170 | &nbsp;&nbsp;48.99% | &nbsp;&nbsp;$63857544.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;177 | &nbsp;&nbsp;51.01% | &nbsp;&nbsp;$79599058.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;344 | &nbsp;&nbsp;99.14% | &nbsp;&nbsp;$142875706.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.86% | &nbsp;&nbsp;$580896.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;480 | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.15% | &nbsp;&nbsp;$2456200.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;343 | &nbsp;&nbsp;98.85% | &nbsp;&nbsp;$141000402.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**347** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$143456602.00** |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 18

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**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**Accuracy%** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;3 | &nbsp;&nbsp;43 | &nbsp;&nbsp;93.02% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;205 | &nbsp;&nbsp;98.05% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;5 | &nbsp;&nbsp;34 | &nbsp;&nbsp;85.29% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;11 | &nbsp;&nbsp;347 | &nbsp;&nbsp;96.83% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Originator Citizenship Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;33 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - Black or African American | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;16 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;16 | &nbsp;&nbsp;100.00% |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 19

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---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Entity EIN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Purpose Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;83 | &nbsp;&nbsp;162 | &nbsp;&nbsp;48.77% |
| &nbsp;&nbsp;Date Last Rate Was Set | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Initial Originator Signature Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;306 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;9 | &nbsp;&nbsp;344 | &nbsp;&nbsp;97.38% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;47 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;12 | &nbsp;&nbsp;302 | &nbsp;&nbsp;96.03% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;61 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;11 | &nbsp;&nbsp;344 | &nbsp;&nbsp;96.80% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;1 | &nbsp;&nbsp;347 | &nbsp;&nbsp;99.71% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;1 | &nbsp;&nbsp;308 | &nbsp;&nbsp;99.68% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;44 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;44 | &nbsp;&nbsp;95.45% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;40 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;344 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;279 | &nbsp;&nbsp;99.28% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;43 | &nbsp;&nbsp;97.67% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;5 | &nbsp;&nbsp;43 | &nbsp;&nbsp;88.37% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;10 | &nbsp;&nbsp;346 | &nbsp;&nbsp;97.11% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;5 | &nbsp;&nbsp;346 | &nbsp;&nbsp;98.55% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;47 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;76 | &nbsp;&nbsp;347 | &nbsp;&nbsp;78.10% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;61 | &nbsp;&nbsp;96.72% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;346 | &nbsp;&nbsp;99.42% |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;22 | &nbsp;&nbsp;86.36% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;13 | &nbsp;&nbsp;290 | &nbsp;&nbsp;95.52% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;20 | &nbsp;&nbsp;292 | &nbsp;&nbsp;93.15% |

---

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 20

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Qualifying Property Value Flag - Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;41 | &nbsp;&nbsp;144 | &nbsp;&nbsp;71.53% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;152 | &nbsp;&nbsp;96.05% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;303 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Short Term Rent Source | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;339 | &nbsp;&nbsp;99.41% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;38 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Vested Business Entity Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Vested Business Entity Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

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

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

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

AOMT 2026-2 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 21

![](ex9912001.jpg)

*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.

AOMT 2026-2 Due Diligence Narrative Report – PAGE \| 22

## Exhibit 99.13

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.13**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2026020604 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020530 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Settlement statement is not signed by borrower or title agent - Due Diligence Vendor-XXX |  | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020530 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to strong originator comp factors, in addition borrower is XXX on blanket mortgage being paid off. - Due Diligence Vendor-XXX<br> Open-Lender exposure of XXX loans and $XXX exceeds guidelines. - Due Diligence Vendor-XXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. Deemed non material due to strong originator comp factors, in addition borrower is XXX on blanket mortgage being paid off. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br>Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | XXX FICO, XXX required<br> XXX months reserves documented, XXX months required |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2026020529 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received additional bank statement to support the income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOX - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Per Program Option change, XXX months bank statements are required to support P&L income. - Due Diligence Vendor-XXX |  | Resolved-Received additional bank statement to support the income. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020529 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd revised CD issued XXX and corresponding XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX CD - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX(Points) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Rec'd revised CD issued XXX and corresponding XXX. Finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020529 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements The borrower's current home where's he's lived a little over a year shows XXX housing payment history because the mortgage is in his roommate's name. Our borrower is on title only. We have the closing disclosure from the purchase to document this as well as the tax bill and XXX evidence showing the same mortgagee as the Closing Disclosure from purchase. The borrower's prior home was his childhood home and shows no housing expense. Email approval from XXX in loan file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX months, actual XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% | Credit score XXX<br> DTI XXX<br> Employment Stability Stable<br> Reserves XXX months<br> Residual income $XXX<br> LTV XXX%<br> Credit profile acceptable |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020527 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received final settlement statement for subject acquisition. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. SUPPORTING DOCS - Buyer-XXX<br> Open-The LTV is based off of the original purchase price from XXX. Per the guidelines the purchase price must be documented by the final CD from the property purchase. Provided CD from purchase on XXX. - Due Diligence Vendor-XXX |  | Resolved-Received final settlement statement for subject acquisition. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020527 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX<br> Open-Missing Third Party Fraud Report. Additionally, findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020603 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The loan qualified using personal bank statements, the XXX letter is not required. - Due Diligence Vendor-XXX<br> Counter-Pending finalization of expense factor. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal for both Income Findings - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Borrower's income (expense factor) requires additional documentation/review to avoid a DTI > XXX%. - Due Diligence Vendor-XXX |  | Resolved-The loan qualified using personal bank statements, the CPA letter is not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020603 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-The loan qualified using personal bank statements, the XXX letter is not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal for both Income Findings - Seller-XXX<br> Open-Borrower 1 XXX Letter Missing The guides indicate the standard expense factor on business bank statements is XXX%. B1 was qualified with a XXX% expense factor. Per guides, the XXX/Licensed Tax Preparer must attest that they have audited the business financial statements or reviewed working papers provided by the borrower. The loan file is missing a XXX/Licensed Tax Preparer letter. A XXX letter verifying the expense factor is required. It should be noted a Processor Cert stated the borrower's XXX office is temporarily closed. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rebuttal for both Income Findings - Seller-XXX | Resolved-The loan qualified using personal bank statements, the CPA letter is not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020603 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-XXX provided and renewal confirming XXX years of XXX. - Due Diligence Vendor-XXX<br> Open-Borrower 1 Total Years Employment Verified is Less Than XXX Months Missing documentation of XXX months of self-employment history through a XXX party source. The borrower's XXX in file does not provide previous licensing dates. The Borrower provided a copy of their XXX/booth lease to verify XXX months of self-employment. However, XXX months of payments on the XXX/booth lease was not provided. - Due Diligence Vendor-XXX |  | Resolved-business license provided and renewal confirming XXX years of XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020603 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: CD not delivered at least XXX days prior to consummation | Resolved-Received CD XXX, disclosure tracking - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open------Missing initial CD. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received CD XXX, disclosure tracking - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> LTV is less than guideline maximum - XXX% LTV ratio, XXX% maximum LTV allowed. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received Borrower Citizenship Documentation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Counter-Received screen shot of XXX-it does not reflect borrower name-please provide confirmation XXX was filed for B2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see the email below from the borrower. <br>I have attached the screen shot but we won't have the receipt for another XXX - Buyer-XXX<br> Counter-Received XXX for B2-missing XXX and proof of a filed form XXX meeting XXX of guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Counter-XXX card needed for Borrower #XXX - XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Loan application showing XXX - Seller-XXX<br> Open-Borrower Citizenship Documentation Is Missing XXX unexpired XXX is required.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Ready for Review-Document Uploaded. Loan application showing XXX citizen - Seller-XXX | Resolved-Received Borrower Citizenship Documentation - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received clear fraud alert with supporting documentation for B1 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Counter-Received Fraud Report for B1 reflecting open/unresolved warnings. Provide updated or supporting documentation addressing medium and high warnings. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Third Party Fraud Report Partially Provided B1 Fraud Report missing. - Due Diligence Vendor-XXX |  | Resolved-Received clear fraud alert with supporting documentation for B1 - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Loan approval recieved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Loan Approval/Underwriting Summary Not Provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Lender approval - Seller-XXX | Resolved-Loan approval recieved. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-After further review, a letter of explanation is not required per guides. - Due Diligence Vendor-XXX<br> Open-The loan file is missing evidence of the net rental payment of $XXX payments from the XXX (based on the contractual language in the agreement) and a letter of explanation for the discrepancy in amount being paid to the LLC/XXX, documented in the loan file. Therefore the lower market rent was used to calculate the DSCR %. It should be noted that per guides, when the Lease is greater than the market rent, the higher Lease amount may be used with XXX months current proof of receipt of the higher rental income (or as per the terms on the lease agreement for new leases). The DSCR calculation sheet indicates the lender used the higher rental income of $XXX to calculate the DSCR %. It should also be noted that, per a lease agreement in file, the subject property is rented for $XXX per month and the XXX on title is listed as the "XXX." Additionally, the subject property is being managed by a XXX, which retains a XXX% fee to be paid to the rental agent. Finally, per an affordable housing agreement with XXX(XXX), rental assistance of $XXX is being paid directly to the rental management company for the subject property. It should also be noted that per B1's Comp Report, B1 is the owner of the XXX. Bank statements dated XXX and XXX, belonging to the XXX in the subject property (the XXX) shows multiple deposits/transfers (XXX on XXX, XXX on XXX, and one on XXX) from an account associated with the XXX checking account (same bank and ending acct #'s). All XXX deposits were for $XXX, however, based on the rental agreements, the XXX, after taking their XXX% fee, should be paying out $XXX ($XXX - XXX%) to the XXX. - Due Diligence Vendor-XXX |  | Resolved-After further review, a letter of explanation is not required per guides. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-After further review, this is not required on XXX. - Due Diligence Vendor-XXX<br> Counter-Received Operating Agreement confirm B1 is XXX-missing XXX letter or acceptable confirmation no negative impact to business-must follow guidelines XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Operating Agreement was included and is owned by XXX XXX% - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Business assets require verification of ownership percentage and a letter from a XXX/Tax preparer or the borrower, verifying the use of the business funds will not impact the business. Missing documentation to verify ownership percentage and use of business funds. It should be noted that if B1 (per comp report) is not the XXX of the business, an access letter from all owners is also required. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-After further review, this is not required on DSCR loans. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Upon further review, the loan file contained all required prepayment addendum to Note and Rider is not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor response - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing XXX to the Security Deed - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor response - Seller-XXX | Resolved-Upon further review, the loan file contained all required prepayment addendum to Note and Rider is not required. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received current photo ID for B1 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing XXX disclosure and/or a XXX for B1. - Due Diligence Vendor-XXX |  | Resolved-Received current photo ID for B1 - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020521 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Application | Resolved-Received 1003/application for B1 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-B1 loan application not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Received 1003/application for B1 - Due Diligence Vendor-XXX | DSCR % greater than XXX - Audit DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score, XXX minimum score required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020524 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | XXX Homeownership Counseling Organizations Disclosure Date Test | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Homeownership Councelling List with XXX - Seller-XXX<br> Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a))The loan has a homeownership counseling organizations disclosure date that is not within XXX business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than XXX business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the XXX for lenders to use in complying with the requirements of this section; or(XXX)Data made available by the XXX or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations. ...Homeownership Counseling Disclosure provided to borrower within XXX days of the application date (XXX) is not in file. One provided on XXX is in file, clarification of application date required.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Homeownership Councelling List with Audit Log - Seller-XXX | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020524 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial XXX with XXX - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). .....Unable to properly test fees. Missing initial XXX dated within XXX days of Application date. Additional Findings may apply upon receipt. [XXX shows application date of XXX, clarification of true application date is required] - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Initial XXX with Audit Log - Seller-XXX | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020524 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial XXX with XXX - Buyer-XXX<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the XXX business day after the creditor receives the consumer's application. .....Missing initial XXX dated within XXX days of Application date. Additional Findings may apply upon receipt. Statue of Limitations - XXX year, expiration date XXX. [Mavent pg XXX shows application date of XXX, clarification of true application date is required] - Due Diligence Vendor-XXX |  | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020524 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Initial XXX with XXX - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ......Unable to properly test fees. Missing initial XXX and XXX dated within XXX days of Application date. Additional Findings may apply upon receipt. [XXX pg XXX shows application date of XXX, clarification of true application date is required] - Due Diligence Vendor-XXX |  | Resolved-Recieved initial XXX XXX and XXX XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020524 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Disclosure | XXX Not Provided Within XXX Days of Application Date | Resolved-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). - Due Diligence Vendor-XXX<br> Open-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). - Due Diligence Vendor-XXX |  | Resolved-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020515 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Client exception granted to allow a XXX XXX% XXX. Non-material waiver applied to finding with compensating factors.. There will be an Exception XXX hit of \*loan priced as no XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX<br> Open-Prepayment Penalty is not allowed. Subject loan has XXX year flat prepayment at XXX%. Per overlay - Flat prepayment penalty charge no greater than XXX% and no less than XXX% - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow a XXX XXX% flat XXX. Non-material waiver applied to finding with compensating factors.. There will be an Exception XXX hit of \*loan priced as no XXX. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020515 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received application confirming XXX. - Due Diligence Vendor-XXX<br> Open-Borrower Citizenship Documentation Is Missing Application was not provided unable to determine citizenship status - Due Diligence Vendor-XXX |  | Resolved-Received application confirming US Citizen. - Due Diligence Vendor-07/02/2025<br>| DSCR % greater than XXX - DSCR = XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020515 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received application. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Missing application. B1 was qualified assuming XXX status. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Loan App - Seller-XXX | Resolved-Received application. - Due Diligence Vendor-07/02/2025<br>| DSCR % greater than XXX - DSCR = XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020515 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received loan summary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Buyer-XXX <br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received loan summary - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020515 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX dwelling coverage is not sufficient | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR = XXX.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received correct loan summary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated 1008/lender approval - Seller-XXX<br> Counter-Received Loan Pass-appraised value reflects at $XXX-reflecting a different LTV/CLTV from appraisal received-please clarify. Additional conditions may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. updated 1008/lender approval - Seller-XXX | Resolved-Received correct loan summary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Issue with XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Wet signed coopy is being sent to us from the borrower - Seller-XXX<br> Counter-Corrected: XXX payment letter differs from audit figures for monthly XXX. Audit received XXX XXX page with premium off $XXX/$XXX. XXX payment reflects XXX $XXX. Please clarify. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax Bill shows XXX / XXX= XXX monthly . Please provide an update on where the numbers in the conditon are being pulled from. - Seller-XXX<br> Counter-Received XXX Payment notice-PITIA differs from audit figure-re taxes differ. Please clarify as XXX is considering $XXX per month. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-There is an issue with XXX Payment Letter. Missing from the file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Wet signed coopy is being sent to us from the borrower - Seller-XXX<br> Ready for Review-Document Uploaded. Tax Bill shows XXX / XXX= XXX monthly . Please provide an update on where the numbers in the conditon are being pulled from. - Seller-XXX | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo id. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DL - Seller-XXX | Resolved-Received photo id. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received current statement reflecting due for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage Statement - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence that the primary mortgage paid current. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage Statement - Seller-XXX | Resolved-Received current statement reflecting due for XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020517 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received acceptable XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Additional valuation product has not been provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received acceptable secondary valuation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves is XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calculator - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received unexpired XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing identification or XXX form indicating what identification was used. - Due Diligence Vendor-XXX |  | Resolved-Received unexpired Driver License. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.jpg | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received approval - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender approval - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. Lender 1008/approval required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Lender approval - Seller-XXX | Resolved-Received approval - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020508 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received documentation to support free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Primary Residence Satisfaction of Mortgage - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing primary housing pay history - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support free and clear. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Flood Insurance Expiration Date is before the Note Date | Resolved-Received confirmation paid in full - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See XXX and flood insurance, the balance shows at the bottom as paid in full - Buyer-XXX<br> Counter-Received renewal flood insurance-premium increase not reflecting on final CD nor evidence of balance paid. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood renewal - Buyer-XXX<br> Open-Flood Insurance Expiration Date of XXX is prior to the Note Date of XXX No XXX in loan file - Due Diligence Vendor-XXX |  | Resolved-Received confirmation paid in full - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020519 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received XXX on rental income collected and complete lease for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lease for XXX and payments and XXX regarding differences in monthly rent payments for both properties - Buyer-XXX<br> Open-Lease for XXX pg. XXX reflects XXX (XXX vs. XXX). The rental history payment schedule reflects both leases with correct names as on lease agreements provided. pgs. XXX-XXX. Additionally, the other lease, unit XXX reflects $XXX monthly rent and rent schedule reflects $XXX. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Resolved-Received XXX on rental income collected and complete lease for XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX months, actual XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received XXX confirming no judgments-XXX clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Property Title Issue Missing confirmation #XXX of Schedule B cleared - Due Diligence Vendor-XXX |  | Resolved-Received final title confirming no judgments-XXX clear. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX month XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage insufficient- does not meet or exceed loan amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received XXX reflecting cleared. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Missing XXX documentation confirming all parties cleared. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received XXX reflecting cleared. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received XXX executed initial 1003. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower Recd Initial 1003 2.21.25 - Buyer-XXX<br> Open-The Initial 1003 is Missing -----The Initial 1003 is Missing. No dated Initial 1003 in file, unable to determine true application date. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received XXX executed initial 1003. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-XXX for credit inquiries is missing. Missing XXX for credit inquiries - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Received LOE. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020522 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Party VOE Prior to Close Missing | Resolved-Received XXX for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Day XXX - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing self employed XXX for both borrowers prior to close. - Due Diligence Vendor-XXX |  | Resolved-Received WVOE for both borrowers. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Months Reserves exceed minimum required - XXX months verified> XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors- to allow for not having a XXX month housing history, VOR was provided along with Mortg statements and supplements for sale of prior home borrower had. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Borrower does not have XXX months Housing History-living rent free with another party/non - spouse-must meet guidelines XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received rent free and contribution to living expenses email-housing history does not meet XXX of guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements If loan application/1003 shows a property rented or owned in the prior XXX months, a fully executed <br> VOR/VOM must be obtained for these months reflecting paid as agreed.<br> \*Borrowers living rent free at their primary residence may be eligible but only if they live with a non?borrowing spouse. This is still considered no housing history and subject to the restrictions in this guide. <br> To be eligible, the non-borrowing spouse must provide a rent-free letter, and evidence of an acceptable XXX-month housing payment history (mortgage or rent payment) from the non-borrowing spouse must be obtained.<br> \* Borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors- to allow for not having a XXX month housing history, VOR was provided along with Mortg statements and supplements for sale of prior home borrower had. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer | Borrower has been with same employer for over XXX years<br> Min reserve requirement is XXX months, borrower having post close reserves of XXX months | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received settlement statement confirming borrower received equity disbursement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Documentation received is insufficient-confirm borrower was not on mortgage for previous residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Per 1003, borrower states they owned previous residence prior to current residence. However, no recent mortgages reporting on the credit report. Missing documentation to show borrower owned previous residence to show not a XXX time homebuyer. Additional findings may apply - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received settlement statement confirming borrower received equity disbursement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Subject loan is in XXX and Notice of Special Flood Hazard Disclosure Not Completed | Resolved-Received fully executed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Documentation is insufficient-original finding remains-Subject Property is in XXX XXX but Notice of Special Flood Hazard Disclosure was not provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Subject Property is in XXX XXX but Notice of XXX was not provided - Due Diligence Vendor-XXX |  | Resolved-Received fully executed XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Disclosure. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary 1008 is missing. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020507 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received purchase contract and addendums. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing purchase contract. - Due Diligence Vendor-XXX |  | Resolved-Received purchase contract and addendums. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Verified employment history exceeds guidelines - XXX+ yrs w/same employer |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020520 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Potential Occupancy/Current Address Issues identified in the file | Resolved-Received corrected appraisal reflecting as tenant occupied. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received email indicating borrower previously occupied subject-provide updated final 1003 reflecting accurate XXX year residency for borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal Condition XXX - Buyer-XXX<br> Open-Appraisal reflects XXX and subject is XXX - Due Diligence Vendor-XXX |  | Resolved-Received corrected appraisal reflecting as tenant occupied. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received confirmation XXX witnesses not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached per title.<br> - Seller-XXX<br> Open-Security Instrument missing XXX witnesses, as required in XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See attached per title.<br> - Seller-XXX | Resolved-Received confirmation XXX witnesses not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing attorney opinion letter/trust review documentation | Resolved-Upon further review, the XXX meets the lenders guideline requirements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached is the lender certification of the review of the trust - Buyer-XXX<br> Counter-Received Trust-missing XXX or lender's legal attestation as noted on page XXX of guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Trust Agreement. - You don't need a trust cert or an attorney letter if you have the full trust agreement. It is signed and notarized. - Buyer-XXX<br> Open-Missing Attorneys Opinion Letter for Trust and/or Trust Certification. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the revocable trust meets the lenders guideline requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received Trust - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Trust Agreement. - You don't need a trust cert or an attorney letter if you have the full trust agreement. It is signed and notarized. - Seller-XXX<br> Open-Property Title Issue <> Missing full complete copy of XXX XXX under trust instrument XXX. <br> <> Missing Attorneys Opinion Letter for Trust and/or Trust Certification. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See attached: Trust Agreement. - You don't need a trust cert or an attorney letter if you have the full trust agreement. It is signed and notarized. - Seller-XXX | Resolved-Received Trust - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see pages XXX for signed Business Purpose Affidavit Disclosure. - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit for DSCR qualified loan. Occupancy Affidavit alone is not sufficient for a DSCR transaction. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Property/Appraisal General (XXX) | Waived-Investor exception applied to non-material finding - Use current appraised value - Pg XXX - Due Diligence Vendor-XXX |  | Waived-Investor exception applied to non-material finding - Use current appraised value - Pg XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% | FICO XXX pts above requirement<br> LTV XXX % Below max |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020523 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Waived-Trust/XXX Does Not Meet Guideline Requirements Investor exception applied to non-material finding - Close DSCR loan in name of a Trust - Pg XXX - Due Diligence Vendor-XXX |  | Waived-Trust/POA Does Not Meet Guideline Requirements Investor exception applied to non-material finding - Close DSCR loan in name of a Trust - Pg XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> LTV is less than guideline maximum - LTV: XXX% Max XXX% | Lender cited the following comp factors: FICO, Credit Profile & LTV |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020499 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received permanent resident XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: XXX - Buyer-XXX<br> Open-Missing Citizenship Documentation - Due Diligence Vendor-XXX |  | Resolved-Received permanent resident alien card. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020499 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Borrower executed as individual-guaranty not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Note – signed as both XXX and XXX. Guaranty agreement not required. - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Guaranty Agreement Missing. - Due Diligence Vendor-XXX |  | Resolved-Borrower executed as individual-guaranty not required. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020510 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved-XXX approval includes state specific required inspections. No further documentation is needed or required - Due Diligence Vendor-XXX<br> Counter-XXX limited review does not meet the XXX XXX XXX requirement. We must have evidence the XXX has been completed. Evidence may be in the form of an invoice, XXX or statement from XXX stating the inspection has been completed as required by XXX. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Documentation received is insufficient-XXX XXX required or provide evidence XXX XXX approval includes XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-XXX meets guideline requirements, however we are missing the XXX Report required by XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The file does not contain the required XXX report per XXX. Subject is missing required XXX as required by XXX No.<br> XXX. Subject was built before XXX, is of XXX or more units and contains<br> wood/wood-based products, for human occupancy/use. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-XXX approval includes state specific required inspections. No further documentation is needed or required - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX months required per guiidelines.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX @ XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020510 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Rent checks provided from XXX through XXX. - Due Diligence Vendor-XXX<br> Counter-Received corrected 1003-missing XXX evidence of rent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-XXX and XXX provided. Please provide XXX and a revised 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Counter-Received lease-reflecting both borrowers. Provide corrected 1003 for XXX reflecting rental and amount. Only received XXX months of rents. missing XXX and XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX lease, payments & term letter - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing VOR for B2. - Due Diligence Vendor-XXX |  | Resolved-Rent checks provided from XXX through XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX months required per guiidelines.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX @ XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020510 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. recorded DOT - Seller-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing page XXX of DOT . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. recorded DOT - Seller-XXX | Resolved-Received complete security instrument. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; XXX months required per guiidelines.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX @ XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020601 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-XXX provided to support subject property is warrantable. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Counter-Received 1008 reflecting XXX approval--please provide XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% \*New\* - Non Warrantable XXX maximum LTV is XXX%. - Due Diligence Vendor-XXX |  | Resolved-CPM provided to support subject property is warrantable. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020601 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Underwriter Attestation | Resolved-Received UW attestation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing confirmation of the XXX type. Non-warrantable XXX max LTV is XXX%. - Due Diligence Vendor-XXX |  | Resolved-Received UW attestation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020601 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Desc recorded with Mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020602 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received monthly distribution validation from financial advisor-confirming $XXX monthly with balance and XXX years continuance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Retirement income for XXX is not acceptable as documented. Borrower provided a XXX with a distribution of $XXX. Borrower is of XXX age, however the XXX for the account is $XXX annually. Borrower has a monthly distribution of $XXX (Reflecting on the statement). Unable to determine how lender calculated income. If using the XXX income will need to be reduced. If using $XXX/mo lender will need to provide distribution request form reflecting monthly distributions. If using higher amount lender to provide documentation supporting the income. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received monthly distribution validation from financial advisor-confirming $XXX monthly with balance and XXX years continuance. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br>Verified employment history exceeds guidelines - Verified employment history exceeds guidelines |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020602 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received monthly distribution validation from XXX-confirming $XXX monthly with balance and XXX years continuance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines Income calculation/ income type not allowed per guidelines. XXX allowed per XXX is only $XXX monthly - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received monthly distribution validation from financial advisor-confirming $XXX monthly with balance and XXX years continuance. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br>Verified employment history exceeds guidelines - Verified employment history exceeds guidelines |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020602 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Guideline states: "XXX Lower of XXX or Middle of XXX FICO Scores."<br> XXX is the Primary Wage Earner, as He is making the most income per month and his FICO is XXX. <br> XXX is not the Primary Wage Earner, she has the XXX credit score. - Buyer-XXX<br> Open-Audited FICO of XXX is less than Guideline FICO of XXX - Due Diligence Vendor-XXX |  | Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br>Verified employment history exceeds guidelines - Verified employment history exceeds guidelines |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020602 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review, additional assets were located in the loan file. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Asset breakdown - Seller-XXX <br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Asset breakdown - Seller-XXX | Resolved-Upon further review, additional assets were located in the loan file. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br>Verified employment history exceeds guidelines - Verified employment history exceeds guidelines |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020602 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal Description - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description. - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Legal Description is missing from DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Legal Description. - Seller-XXX | Resolved-Received Legal Description - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit history exceeds minimum required<br>Verified employment history exceeds guidelines - Verified employment history exceeds guidelines |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020490 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower 1 Credit Report is Expired | Resolved-Received credit report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Credit Report - Seller-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from the Closing Date). XXX days old - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit Report - Seller-XXX | Resolved-Received credit report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrowers has XXX months in reserves; XXX months required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020490 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower 2 Credit Report is Expired | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Report - Seller-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from the Closing Date). XXX days old - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit Report - Seller-XXX | Resolved-Received credit report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrowers has XXX months in reserves; XXX months required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020490 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received complete legible final inspection. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. FINAL INSPECTION - Buyer-XXX<br> Counter-Received complete XXX-please provide complete final inspection-report received is cut off at bottom. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX) Appraisal<br> XXX) XXX - Seller-XXX<br> Open-Appraisal is Missing from the file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) Appraisal<br> 2) XXX - Seller-XXX | Resolved-Received complete legible final inspection. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrowers has XXX months in reserves; XXX months required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020490 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrowers has XXX months in reserves; XXX months required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received taxes and insurance - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received XXX with XXX - validated annual premium for XXX. Received tax cert that is not legible-please provide legible copy. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Taxes and insurance for XXX not provided. - Due Diligence Vendor-XXX |  | Resolved-Received taxes and insurance - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Pending PITIA validation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending income documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received income documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX/XXX Missing | Resolved-Received XXX and XXX Transcripts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX<br> Open-Borrower XXX Missing XXX and XXX s not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Doc Uploaded - Seller-XXX | Resolved-Received XXX and XXX W2 Transcripts. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-Received XXX statement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-XXX statements for XXX not provided - Due Diligence Vendor-XXX |  | Resolved-Received XXX statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020513 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Client waiver applied to non-material findings<br> - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Client waiver applied to non-material findings<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020506 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached. Document was also included in uploaded loan docs pg XXX<br> - Buyer-XXX |  | Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020503 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow Use of business funds, Non-material waiver applied with comp factors. non-material due to XXX confirmed no impact - Due Diligence Vendor-XXX<br> Open-Use of business assets, Requesting an exception to proceed with using business funds from an additional business account in which we are not using to qualify with either completing a cash flow analysis or obtaining an XXX from a XXX confirming no impact to the business. Borrower XXX is confirmed as being XXX% owner of this business. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow Use of business funds, Non-material waiver applied with comp factors. non-material due to CPA confirmed no impact - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | Credit Score: XXX pts above requirement, Residual Income: $XXX/month above requirement, |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020505 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received preliminary title dated XXX-report does not reflect XXX month XXX. Please provide. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Received chain of title. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020505 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment history reflecting XXX payments made. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence of borrower's payment of mortgage being paid off at closing. Per Note, first payment was due on XXX and loan closed XXX with payoff having interest from XXX. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received payment history reflecting XXX-XXX payments made. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020483 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-After further review, the Agreement for XXX of Interest transfers ownership of this account to the borrowers trust. - Due Diligence Vendor-XXX<br> Counter-Received operating agreement for XXX-borrower does not have any ownership in LLC. Assets are not eligible and short funds for closing and required reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-It appears the documentation provided is not the most recent documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX, LLC<br> - Buyer-XXX<br> Counter-Entity Information for XXX, LLC provided, however it does not confirm the % of ownership and documentation which confirms borrower's access and permissible use of funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Per Amendment for Mark XXX LLC - the XXX% Member is XXX LLC. File is missing Business Entity Docs for XXX LLC. Missing corporate documentation which confirms borrower's access and permissible use of funds. Other findings may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Asset Qualification Does Not Meet Guideline Requirements XXX Account No ending XXX-Bank statements provided are for a business account; however, there is no corporate documentation which confirms borrower's access and permissible use of funds. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-After further review, the Agreement for Gift of Interest transfers ownership of this account to the borrowers trust. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX months Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020483 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Concentration of loans to XXX investor XXX total - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Approved - see bottom of page XXX - Buyer-XXX<br> Counter-Received exception request-please provide client approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open- Borrower has XXX units financed with XXX (XXX on loan application & XXX concurrent new purchases) with a total exposure of $XXX which exceeds the $XXX and XXX loan max<br> - Due Diligence Vendor-XXX |  | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Concentration of loans to one investor XXX total - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX months Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX | 1. Credit Score: XXX<br> 2. DSCR: XXX<br> 3. Reserves (months): XXX<br> 4. Credit History: XXX | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2026020483 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved-XXX Rating uploaded - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX/XXX Rating - Buyer-XXX<br> Open-Per Guideline Review letter, non-warrantable XXX must meet XXX N/W guidelines. Per XXX XXX guidelines...."Project must have obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel ratings providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines" which was not provided.<br> - Due Diligence Vendor-XXX |  | Resolved-Tripadvisor Rating uploaded - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX months Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020482 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-After further review, the Agreement for Gift of Interest transfers ownership of this account to the borrowers trust. - Due Diligence Vendor-XXX<br> Counter-Documentation provided does not confirm the % of ownership. Guidelines state - The use of business assets for self-employed borrowers for down payment, closing costs and reserves are allowed. The borrowers on the loan must have XXX% ownership of the business and must be the owners of the business account. Access letters from the remaining owners of the business must be obtained as well - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Account XXX is in the name of XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX <br> Counter-Received XXX Entity document for XXX-missing Operating agreement to confirm percentage of ownership and access to funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Op Agreement is for XXX. However, XXX is in the Name of XXX. File is still missing corporate documentation which confirms borrower's access and permissible use of funds. Other findings may apply. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements XXX account ending XXX Bank statements provided are for a business account; however, there is no corporate documentation which confirms borrower's access and permissible use of funds. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-After further review, the Agreement for Gift of Interest transfers ownership of this account to the borrowers trust. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR:XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020482 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-After further review, the entity docs have been received for the XXX. - Due Diligence Vendor-XXX<br> Counter-Entity Information provided, however XXX are not allowed. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX- Buyer-XXX<br> Counter-Documentation for XXX provided. XXX structures are not allowed. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX agreement / Operating Agreement Uploaded<br> - Buyer-XXX<br> Counter-Received XXX for XXX-missing complete entity documentation including operating agreement, good standing. Note: XXX structures are not allowed - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Most Recent Amended Schedule A dated XXX indicates XXX as XXX% Member. File is missing Business Entity Documents for XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX documents - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing corporate documents, including, but not limited to Articles of Incorporation, Operating Agreement, Formation, Department of Corporations Active/Good Standing, Borrowing Certification, XXX for the following vested business: XXX. Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Ready for Review-Document Uploaded. XXX documents - Seller-XXX | Resolved-After further review, the entity docs have been received for the XXX entity. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR:XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020482 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Schedule A in the loan file dated XXX indicates title to be vested to the entity on the Mortgage, borrower owns XXX% and the other XXX% owner is an individual, not an entity. - Due Diligence Vendor-XXX<br> Counter-Entity information for XXX provided. XXX structures are not allowed. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Documentation provided is dated prior to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX <br> Counter-Received XXX for XXX-finding remains. XXX are not allowed. - Most Recent Amended Schedule A dated XXX indicates XXX as XXX% Member. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Per Review Letter - XXX are not allowed. - Most Recent Amended Schedule A dated XXX indicates XXX as XXX% Member. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Schedule A in the loan file dated XXX indicates title to be vested to the entity on the Mortgage, borrower owns XXX% and the other XXX% owner is an individual, not an entity. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020482 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Concentration of loans to XXX investor XXX total<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Internal approval. see bottom of page XXX - Buyer-XXX<br> Counter-Received exception request for concentration of loans to XXX investor-please provide client approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open- Borrower has XXX units financed with XXX (XXX on loan application & XXX concurrent new purchases) with a total exposure of $XXX which exceeds the $XXX and XXX loan max - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Concentration of loans to one investor XXX total<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX | 1. Credit Score:XXX<br> 2. DSCR:XXX<br> 3. Reserves (months): XXX<br> 4. Credit History: XXX | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2026020482 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved-XXX Rating uploaded. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX/XXX Rating - Buyer-XXX<br> Open-Per Guideline Review letter, non-warrantable XXX must meet XXX N/W guidelines. Per XXX XXX guidelines...."Project must have obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel ratings providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines" which was not provided.<br> - Due Diligence Vendor-XXX |  | Resolved-Tripadvisor Rating uploaded. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020497 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing an established XXX impound account for taxes and insurance. | Resolved-Upon further review, no further documentation is needed or required - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no further documentation is needed or required - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020599 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Per compliance the final 1003 is provided. - Due Diligence Vendor-XXX<br> Ready for Review-Compliance conditions cured - Seller-XXX <br> Counter-Pending receipt of corrected compliance documents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing initial CD - Due Diligence Vendor-XXX | Ready for Review-Compliance conditions cured - Seller-XXX | Resolved-Per compliance the final 1003 is provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed<br> Credit history exceeds minimum required - Credit history exceeds minimum required |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020599 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Data | Borrower 1 Final Signature Date is in the future | Resolved-\*\*\*NEW\*\*\* Final 1003 provided is signed by borrower on XXX when close was XXX. - Due Diligence Vendor-XXX<br> Open-Borrower XXX Final Signature Date is greater than the transaction date of XXX - Due Diligence Vendor-XXX |  | Resolved-\*\*\*NEW\*\*\* Final 1003 provided is signed by borrower on XXX when close was XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed<br> Credit history exceeds minimum required - Credit history exceeds minimum required |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020599 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Received Final 1003 signed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received Final CD dated XXX. Final 1003 signed at closing is missing, finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Final 1003 is Missing Missing final 1003 signed at closing. - Due Diligence Vendor-XXX |  | Resolved-Received Final 1003 signed XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed<br> Credit history exceeds minimum required - Credit history exceeds minimum required |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020599 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least XXX days prior to consummation | Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Received CD dated XXX, issued XXX days before close. However, Borrower name is misspelled. Please provide CD with correct spelling. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing initial CD acknowledged by borrower a minimum of XXX days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed<br> Credit history exceeds minimum required - Credit history exceeds minimum required |  | XXX1.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020465 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Originator provided a waiver for loan amount $XXX with LTV >XXX%, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Audited Loan Amount is greater than the Guideline Maximum Loan Amount of $XXX As per Matrix, max Loan Amount at XXX% LTV is $XXX (Primeflex Option XXX, R/T) No evidence of an exception on file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Waived-Originator provided a waiver for loan amount $XXX with LTV >XXX%, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX<br> Months Reserves exceed minimum required - XXX mths reserves; XXX mths required. | FICO: XXX<br> Credit History: XXX for XXX months<br> Same Line of Work>XXX years | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2026020464 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Received CD and form 1007 for XXX purchased. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-CD provided. Taxes located in the loan file. Please provide the income documentation used for qualification. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Received purchase contract and 1007 for XXX XXX-please provide XXX or CD to confirm PITIA considered. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Missing evidence of documentation to support (-$XXX) net rental loss for XXX located at XXX., XXX, XXX, per 1008 (P. XXX), and 1003 (P. XXX)<br>XXX Property Detail Report evidence primary owner names(s) as XXX (P. XXX), not borrower.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received CD and form 1007 for investment property purchased. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of XXX Income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of XXX or CD for purchase of property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-ATR: The Lender did not document all ATR Factors Missing evidence of documentation to support (-$XXX) net rental loss for investment property located at XXX., XXX, XXX, per 1008 (P. XXX), and 1003 (P. XXX)<br> XXX Property Detail Report evidence primary owner names(s) as XXX (P. XXX), not borrower.<br> Subject property hazard insurance evidence $XXX Fair Rental Value for a primary purchase (P. XXX) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of REO Income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of XXX or CD for purchase of property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing evidence of documentation to support (-$XXX) net rental loss for XXX located at XXX., XXX, XXX, per 1008 (P. XXX), and 1003 (P. XXX)<br> XXX Property Detail Report evidence primary owner names(s) as XXX (P. XXX), not borrower.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX for credit inquiries is missing. Missing evidence of XXX for credit inquiries, per guidelines. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received credit inquiry letter. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Employment Self-Employed Less Than XXX Years at Origination | Resolved-Received tax preparer letter confirming self employment for over XXX years. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX only confirmed XXX months self-employment. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received tax preparer letter confirming self employment for over XXX years. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020463 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Borrower XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX Credit Report is Missing XXX Credit report missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX; max allowable XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020462 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received gift documentation for $XXX additional funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received assets-added XXX accounts, updated XXX. Review is unable to consider XXX $XXX in available assets as borrower is only noted a XXX and a XXX. $XXX inclusive of gifts verified. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-PCCD provided, however we are still missing additional assets. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received gift funds and settlement statement. Review has all gift funds as noted-missing sufficient funds for closing and reserves. Total verified $XXX in review. Please provide PCCD and sufficient funds for closing and required reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Borrower short reserves - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received gift documentation for $XXX additional funds. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020462 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A to mortgage is provided, but missing sufficient Legal Description - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020461 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Coverage not met | Resolved-Received policy w/sufficient XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX Coverage not met. Missing sufficient fidelity coverage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received policy w/sufficient XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020461 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing income documentation | Resolved-Received XXX verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX validation - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX verification. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020461 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Borrower XXX Credit Report is not missing. - Due Diligence Vendor-XXX<br> Ready for Review-the note date is XXX, which is within XXX days from the credit report dated XXX, XXX report is not required.<br> - Seller-XXX<br> Open-Borrower XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-the note date is XXX, which is within XXX days from the credit report dated XXX, XXX report is not required.<br> - Seller-XXX | Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020461 |  | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No | XXX |
| 2026020460 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX "Section XXX. Services You Cannot Shop For / Services Borrower Did Not Shop For" XXX Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. (Credit Report Fee) in section B is payable to Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state XXX (for the benefit of) to said Vendor. Provide a post close CD with correction within XXX days of discovery date. Statute of Limitations XXX year, expiration date XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO XXX borrowers is XXX<br> CLTV is less than guidelines maximum - Maximum CLTV XXX% loan is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020459 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020458 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description is missing [Exhibit A is provided, but Legal Description is insufficient]. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Legal. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% with max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX minimum FICO - Borrower has XXX FICO |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020458 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Waived-Originator exception granted to allow XXX months self-employment < XXX month required. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months XXX letter and Business docs from the State of XXX show only XXX months of S/E - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Waived-Originator exception granted to allow XXX months self-employment < XXX month required. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% with max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - XXX minimum FICO - Borrower has XXX FICO | LTV XXX%<br> FICO XXX<br> Reserves XXX months | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020457 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020456 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. outstanding compliance findings exists. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Closing Disclosure not received by the borrower XXX days prior to consummation | Resolved-Received CD issued XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing initial CD XXX days prior to closing. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received CD issued XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX: Initial Loan Estimate not provided within XXX days of application | Resolved-Received Service Provider List, XXX issued XXX, XXX issued XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Missing XXX dated within XXX days of application. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Service Provider List, LE issued XXX, LE issued XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX Is Missing | Resolved-Received Homeownership Counseling Disclosure. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Homeownership Counseling Disclosure Is Missing XXX List is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Homeownership Counseling Disclosure. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing XXX | Resolved-Rec'd Intent to Proceed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-There are fees on the final CD that are POC and borrower's signed intent to proceed is missing from file.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Rec'd Intent to Proceed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020455 |  | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020454 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020453 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received commitment w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing a clear copy of the Title Report with sufficient Title Coverage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received commitment w/sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrower's FICO XXX <br> Qualifying DTI below maximum allowed - Max DTI XXX%- Borrower's DTI XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020452 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower XXX Total Years Employment Verified is Less Than XXX Months | Resolved-Received previous employment VVOE for B2 confirming no job gap. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Lender to provide verification Prior employment to document a full XXX years employment for B2. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received previous employment VVOE for B2 confirming no job gap. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX vs. min FICO of XXX<br> Months Reserves exceed minimum required - > XXX months vs. XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020452 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Effective Date is after the Note Date | Resolved-Received PCCD confirming disbursement date XXX-XXX effective date is acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached post CD. The disbursement date is XXX. So the XXX effective date is reasonable. - Seller-XXX<br> Open-XXX Effective Date of XXX is after the Note Date of XXX Disbursed XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached post CD. The disbursement date is XXX. So the HOI effective date is reasonable. - Seller-XXX | Resolved-Received PCCD confirming disbursement date XXX-XXX effective date is acceptable. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX vs. min FICO of XXX<br> Months Reserves exceed minimum required - > XXX months vs. XXX required |  | XXX.PDF | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020452 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-XXX account paid in full - Due Diligence Vendor-XXX<br> Open-Lender negated $XXX in debts without supporting documentation. - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Audit's DTI differs from Lenders. Audit shows $XXX per month in monthly liabilities on the credit report. The 1008 states $XXX for all other monthly payments, but the tradelines add up to $XXX/month. Audit matches Lender's XXX and departing primary PITIA. - Due Diligence Vendor-XXX |  | Resolved-XXX paid in full - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX vs. min FICO of XXX<br> Months Reserves exceed minimum required - > XXX months vs. XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020451 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Received post close settlement statement with a disbursement date of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please refer to the Final Closing Statement. Our XXX is effective prior to the funding date (XXX）and fully meets the requirements. Kindly clear this insurance condition. - Seller-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX . Missing a revised XXX with coverage through the disbursement date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please refer to the Final Closing Statement. Our XXX is effective prior to the funding date (XXX）and fully meets the requirements. Kindly clear this insurance condition. - Seller-XXX | Waived-Received post close settlement statement with a disbursement date of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing XXX | Resolved-Received XXX, signed and dated XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-There are fees on the final CD that are POC and borrower's signed intent to proceed is missing from file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX, signed and dated XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX Is Missing | Resolved-Received Homeownership Counseling Disclosure , finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Homeownership Counseling Disclosure Is Missing XXX List is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Homeownership Counseling Disclosure , finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Received Final 1003 , finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final 1003 is Missing Final 1003 is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Final 1003 , finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  | XXX.PDF | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020450 |  | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.<br> LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020449 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Missing declaration page with coverage amounts to see if sufficient coverage obtained - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received HOI. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% maximum DTI - loan has XXX% DTI<br> Qualifying FICO score is at least XXX points above minimum for program - XXX minimum FICO - borrower has XXX FICO |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020449 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | XXX "Section B. Services XXX / Services Borrower Did Not Shop For" XXX | Resolved-Upon further review, credit report paid to vendor (page XXX), finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Credit Report in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state XXX (for the benefit of) to said Vendor. Provide a post close CD with correction within XXX days of discovery date. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Upon further review, credit report paid to vendor (page XXX), finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% maximum DTI - loan has XXX% DTI<br> Qualifying FICO score is at least XXX points above minimum for program - XXX minimum FICO - borrower has XXX FICO |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020448 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received ownership and not obligated on Note documentation for departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received copy of Note on departing residence confirming borrower not obligated on mortgage-missing XXX, XXX Taxes and XXX obligation-document and confirm considered in dti. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Housing History Does Not Meet Guideline Requirements- Missing XXX months housing history for primary residence.<br> No XXX in file she is co-owner of current primary and Mortgage payment was excluded. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received ownership and not obligated on Note documentation for departing residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.PDF | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020448 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received amended 1008 and validation of XXX for departing residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received copy of Note on departing residence confirming borrower not obligated on mortgage-missing XXX, XXX Taxes and XXX obligation-document and confirm considered in dti. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Mortgage payment was excluded from DTI - Need proof of XXX months history that other non borrower pays the mortgage. there was no XXX on file or living rent free on file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received amended 1008 and validation of XXX for departing residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX minimum score XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.PDF | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020447 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020446 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved--Guidelines allow for waiver of XXX with LTV is at or below XXX% as subject is. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of housing history waiver. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Pending receipt of XXX party verification the borrower is not an owner and XXX month rent payment history - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. <br> - Provide a VOR to verify satisfactory consecutive XXX month rent payment history<br> - Loan was submitted as a XXX only, which is used for salaried employees. Initial 1003 reports borrower as XXX% owner of the company. As an owner , a XXX only would not meet guides. In addition , his XXX statement show no deposits from the employer and the amounts written on the XXX are all rounded numbers. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved--Guidelines allow for waiver of VOR with LTV is at or below XXX% as subject is. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower FICO XXX. Guideline min XXX.<br> Months Reserves exceed minimum required - XXX reserves. Guideline requires XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020446 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived--Originator exception granted to not require XXX due to LTV at or below XXX%. Waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Guidelines state XXX can be waived if <=XXX% LTV, however a waiver was not located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Borrower Stated renting for $XXX monthly on the 1003 loan application. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Provide a XXX to verify satisfactory consecutive XXX month rent payment history - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Waived--Originator exception granted to not require VOR due to LTV at or below XXX%. Waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower FICO XXX. Guideline min XXX.<br> Months Reserves exceed minimum required - XXX reserves. Guideline requires XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2026020446 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received XXX party verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Lender Cert provided, stating it was marked in error by the interviewer. Please provide XXX party verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Income and Employment Do Not Meet Guidelines Loan was submitted as a XXX only, which is used for salaried employees. Initial 1003 reports borrower as XXX% owner of the company. As an owner , a XXX only would not meet guides. In addition , his personal bks statement show no deposits from the employer and the amounts written on the XXX are all rounded numbers. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received 3rd party verification. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower FICO XXX. Guideline min XXX.<br> Months Reserves exceed minimum required - XXX reserves. Guideline requires XXX months. |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020445 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from XXX/XXX) | Resolved-Credit report dated within XXX days of note, no issue - Due Diligence Vendor-XXX <br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Credit report dated within XXX days of note, no issue - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO =XXX Min FICO =XXX<br>|  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020477 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received 1008 - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - XXX% LTV; XXX% max allowed |  | XXX.PDF | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020477 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received XXX bare walls coverage confirming sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX coverage confirming sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO; XXX required<br> Months Reserves exceed minimum required - XXX mos reserves; XXX mos required<br> LTV is less than guideline maximum - XXX% LTV; XXX% max allowed |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020476 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received Mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Deed of Trust is Missing . (NOTE: A witness signature is required in the state of XXX) Additionally, findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Mortgage - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020476 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Upon further review, XXX Notary is present and sufficient. - Due Diligence Vendor-XXX<br> Ready for Review-To whom it may concern,<br> Under XXX (§695.03), a mortgage that has been acknowledged by a notary does not require witness signatures. Thank you! - Seller-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. \*New\* Mortgage is missing the witness. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX is Missing<br> - Due Diligence Vendor-XXX | Ready for Review-To whom it may concern,<br> Under XXX law (§XXX), a mortgage that has been acknowledged by a notary does not require witness signatures. Thank you! - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Upon further review, XXX Notary is present and sufficient. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020476 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-XXX is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020475 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-Received declaration w/Rent Loss Coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Master policy with wall-in coverage, however it does not state Rent Loss/Loss of Use is covered. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Please see attached.This XXX is All-in and Include Improvements,Betterments,Upgrades,So XXX is Not needed,Could you Please help me clear these XXX Conditions - Seller-XXX<br> Open-Rent Loss Coverage is Insufficient or Missing. Rent Loss Coverage is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. Please see attached.This Master insurance is All-in and Include Improvements,Betterments,Upgrades,So HO6 is Not needed,Could you Please help me clear these XXX Conditions - Seller-XXX | Resolved-Received declaration w/Rent Loss Coverage - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR % greater than XXX--- DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrower's FICO XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020475 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXXX is Missing | Resolved-XXX with wall-in coverage provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached.This XXX is All-in and Include Improvements,Betterments,Upgrades,So XXX is Not needed,Could you Please help me clear these XXX Conditions. - Seller-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached.This Master insurance is All-in and Include Improvements,Betterments,Upgrades,So HO6 is Not needed,Could you Please help me clear these XXX Conditions. - Seller-XXX | Resolved-XXX with wall-in coverage provided. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR % greater than XXX--- DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrower's FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020475 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty Discrepancy | Resolved-Originator confirmed XXX month term. - Due Diligence Vendor-XXX<br> Ready for Review-To whom it may concern,<br> The Prepayment Penalty Total Term should be XXX. Please kindly help update the tape data. Thank you! - Seller-XXX<br> Open-There is a discrepancy with tape for Prepayment Penalty Total Term. Tape value: 'XXX' Diligence value 'XXX'. - Due Diligence Vendor-XXX | Ready for Review-To whom it may concern,<br> The Prepayment Penalty Total Term should be XXX. Please kindly help update the tape data. Thank you! - Seller-XXX | Resolved-Originator confirmed XXX month term. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR % greater than XXX--- DSCR % is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX- Borrower's FICO XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020474 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020473 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020472 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received revised appraisal. Appraiser states the property is legal XXX family and XXX meter serves both units. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see the appraiser's comment on page XXX - Seller-XXX <br> Counter-Received desk review-please provide confirmation from appraiser -(property detail report reflects subject as residence, no XXX provided) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Property Issues are identified for the property Subject property is a duplex with the appraisal completed on a XXX appraisal form; however, it appears that there is only XXX meter and each unit should have separate meters, fuse boxes and heating/cooling units but there were no pictures provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see the appraiser's comment on page XXX - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received revised appraisal. Appraiser states the property is legal XXX family and one meter serves both units. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX DSCR<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO with XXX min<br> Months Reserves exceed minimum required - XXX months reserves with XXX months min |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020471 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX does not meet requirements | Waived-Originator exception granted to allow property type. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Client comments - This layout is common and accepted in the local market, with comparable sales reflecting the same configuration. XXX - Per Lender Guidelines property should include a kitchen, bedroom and a bathroom. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Per Appraisal Subject Property does not contain a bedroom. Per Lender Guidelines property should include a kitchen, bedroom and a bathroom. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Waived-Originator exception granted to allow property type. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. | LTV XXX%<br> XXX housing history<br> DSCR more than XXX<br> Borrower possesses more than XXX months of reserves<br> XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Originator Post-Close | No | XXX |
| 2026020470 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020469 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020468 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020467 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020466 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Effective Date is greater than Note Date | Resolved-Received Prelim - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Title Form Type is Preliminary Commitment but Title Effective Date is greater than Note Date of XXX - Preliminary Commitment but Title Effective Date is greater than Note Date of XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Prelim - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX<br> Credit history exceeds minimum required - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020498 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Attached. The loan amount increased which increases the trans tax. - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- XXX (XXX%) tolerance fees increased by $XXX (Transfer Taxes) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations is XXX years- Expiration date is XXX<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached. The loan amount increased which increases the trans tax. - Seller-XXX | Resolved-Received XXX XXX, XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum score XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020518 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. dscr - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. Lender DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> LTV is less than guideline maximum - XXX% LTV, program allows to XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received correction to Note and confirmation sent to borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please find attached Lox to borrower, page XXX of Note with correction . previous note from day of Closing XXX sent to borrower for his records. <br>email is below from XXX XXX: what is needed to clear the condition:<br>From: XXX <br> Sent: XXX, XXX, XXX<br> To: XXX <br> Subject: XXX<br>Hey XXX, nice chatting with you. So to get the Note condition cleared, we can accept a letter of explanation to borrower to include details of correction made and full note enclosed provided for their records, XXX label delivery confirmation and a scanned copy of the full note with the page swapped.<br>Kind regards,<br> XXX<br> XXX, Credit<br>XXX - Buyer-XXX<br> Open-Missing Initial Payment amount on Note $XXX - Due Diligence Vendor-XXX |  | Resolved-Received correction to Note and confirmation sent to borrower. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Document Uploaded. 1008 Transmittal summary Please scroll down on 1008 for notes about Market rents being used for DSCR income so I think you can probably waive the Calculation worksheet? PLease advise Thank you - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008/Approval - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020487 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calc Worksheet attached - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calc - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020496 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received Approval. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX |  | Resolved-Received Approval. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> DSCR =/> XXX and minimum is XXX or Less - DSCR =/> XXX and minimum is XXX or Less |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020496 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received Credit Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> DSCR =/> XXX and minimum is XXX or Less - DSCR =/> XXX and minimum is XXX or Less |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020496 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. ein for XXX- Buyer-XXX <br> Counter-Operating Agreement provided, however we are missing EIN Confirmation. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Entity Formation Document is incomplete Missing EIN Confirmation Doc - Due Diligence Vendor-XXX |  | Resolved-Received EIN. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> DSCR =/>XXX and minimum is XXX or Less - DSCR =/> XXX and minimum is XXX or Less |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020496 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> DSCR =/> XXX and minimum is XXX or Less - DSCR =/> XXX and minimum is XXX or Less |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020494 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received confirmation appraisal delivery acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX desk confirmed that the leter will suffice for the condition on this loan - Buyer-XXX<br> Counter-Received XXX compliance scenario--please confirm with client for Investment transferred appraisal - appraisal completed XXX and borrower received XXX-borrower receipt was more than XXX days from completion date. (credit not compliance) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the lox uploaded states teh borrower recieved withen XXX days and the scenario desk provided confirmation that it needed to be XXX dats of closing XXX - Buyer-XXX<br> Counter-Received confirmation from the borrower stating a hard copy of provided on XXX, however the completion date of the Appraisal is XXX, > XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-per Appraisal Delivery Confirmation it was Delivered XXX - greater than XXX Days of Appraisal Completion date of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing appraisal delivery to borrower. Appraisal was transferred from another lender. Guideline: an appraisal delivery form must be provided to the borrower to confirm the borrower's receipt of the appraisal within XXX (XXX) business days of the report's completion.<br> - Due Diligence Vendor-XXX |  | Resolved-Received confirmation appraisal delivery acceptable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received documentation to support paid by business. (XXX). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Documentation provided is not for XXX Property XXX. Please provide documentation to support free and clear. Property XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please review all pymts to commercial loan. - Buyer-XXX<br> Counter-Documentation provided is not for B2's Property XXX. Please provide documentation to support free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Status is Pending as loan is missing evidence of PITIA for B2's REO XXX as reflected on Final 1003. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received documentation to support paid by business. (Commercial Property). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received business bank statement analysis for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. From our UW team: The XXX income worksheet was sent end of XXX, sorry for the confusion I think there are multiple email chains circulating.<br> The expense ratio is located in the upper right hand corner. - Seller-XXX<br> Counter-Documentation provided is for another finding. Please provide the Bank Statement Income Worksheet for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Counter-Received payment history-missing bank statement analysis for XXX-Worksheet provided does not disclose the the calculated income/expense ratio used for qualification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please review all pymts to commercial loan. - Buyer-XXX<br> Counter-Worksheet provided does not disclose the the calculated income/expense ratio used for qualification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX <br> Open-The Borrower XXX Bank Statement Summary/Lender Worksheet is Missing Missing Bank Statement Income Calc - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. From our UW team: The B2 income worksheet was sent end of last week, sorry for the confusion I think there are multiple email chains circulating.<br> The expense ratio is located in the upper right hand corner. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received business bank statement analysis for B2. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Income Verified is Missing | Resolved-Received documentation to support the business pays. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please review all pymts to commercial loan. - Seller-XXX<br> Counter-Documentation provided is not for XXX Property XXX. Please provide documentation to support free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Income XXX Months Income Verified is Missing Missing verification that the property XXX is owned free and clear. verification of the taxes and insurance. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please review all pymts to commercial loan. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received documentation to support the business pays. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client exception granted to allow gift funds on a refinance, Non-material waiver applied with comp factors. non-material due to ex spouse buy out. - Due Diligence Vendor-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Lender Exception in file for use of gift funds on refinance transaction. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow gift funds on a refinance, Non-material waiver applied with comp factors. non-material due to ex spouse buy out. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Credit Score: XXX for at least XXX mos |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020493 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received lease and renewal on previous primary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lease agreements - Buyer-XXX<br> Counter-According to an email from the borrower in the loan file, XXX leases were provided. Please provide a copy of each lease for review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached underwriter XXX stating lease not required per guidelines. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Lease for primary residence not provided. - Due Diligence Vendor-XXX |  | Resolved-Received lease and renewal on previous primary. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020493 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received complete XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided XXX not provided - Due Diligence Vendor-XXX |  | Resolved-Received complete XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020509 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received XXX for all XXX commercial properties. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Received XXX for XXX XXX only-please provide for XXX Division XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded XXX which reflects the total Premium for the XXX properties. - Buyer-XXX<br> Open-XXX XXX, XXX and XXX, need clarification for XXX for each XXX. Policy dated XXX does not reflect a premium for any properties. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. HOI - Seller-XXX | Resolved-Received HOI for all XXX commercial properties. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020509 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Pending receipt of HOI for XXX Division XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded XXX which reflects the total Premium for the XXX properties. - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. XXX XXX, XXX and XXX, need clarification for XXX for each XX . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded HOI which reflects the total Premium for the XXX properties. - Seller-XXX | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020509 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-File contains CU and XXX with scores greater than XXX. Acceptable XXX is required. - Due Diligence Vendor-XXX |  | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020600 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement confirming XXX mtg paid for primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing documentation which confirms borrower's primary housing expense was paid current at time of closing. Credit supplement provided shows due for XXX. Missing documentation to confirm XXX payment was made. Loan closed in XXX. - Due Diligence Vendor-XXX |  | Resolved-Received credit supplement confirming XXX mtg paid for primary residence. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020600 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020600 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client exception granted to allow LTV to XXX% for FTI, Non-material waiver applied with comp factors. non-material due to XXX% exception request, borrower overall credit profile. - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Lender exception for XXX% LTV for FTI. Max LTV per guides is XXX% - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow LTV to XXX% for FTI, Non-material waiver applied with comp factors. non-material due to XXX% exception request, borrower overall credit profile. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | FICO XXX<br> Reserves XXX months <br> DSCR XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020589 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the legal is right after the XXX page XXX and XXX<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A legal description to the mortgage - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020488 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020479 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020495 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-XXX - after further review XXX months rent are in file - XXX - XXX - XXX - Due Diligence Vendor-XXX <br> Open-Subject rent is higher than market rent. XXX months proof of receipt is required. Loan file missing XXX month proof of higher rent (XXX received). - Due Diligence Vendor-XXX |  | Resolved-XXX - after further review XXX months rent are in file - XXX - XXX - XXX - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020495 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Subject loan is in XXX and Notice of XXX Disclosure Not Completed | Resolved-Received Notice. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Subject Property is in XXX XXX but Notice of Special Flood Hazard Disclosure was not provided Missing from loan files - Due Diligence Vendor-XXX |  | Resolved-Received Notice. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - DSCR XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020598 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- XXX (XXX%) tolerance fees increased by $XXX (Points - Loan Discount Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year. Expiration date XXX<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020598 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Waived-Client exception granted to allow use of PTIN to confirm employment., Non-materialwaiver applied with comp factors. non-material due to verified with XXX party/ - Due Diligence Vendor-XXX<br> Open-Borrower XXX XXX Letter Missing XXX Letter with ownership validation & used of business funds prepared by XXX - not allowed> Exception provided by lender - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow use of PTIN to confirm employment., Non-materialwaiver applied with comp factors. non-material due to verified with XXX party/ - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required <br> Qualifying DTI below maximum allowed - Qualifying Total Debt XXX% is lower than XXX% max allowed | Steady credit, low DTI. |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020588 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR calculation with components is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR worksheet. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented. XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020588 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Uploaded certified true copy of documents sent for recording, Mortgage with Legal.<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description. - Due Diligence Vendor-XXX |  | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented. XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020500 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received not required on non dti loans-XXX report required per guidelines XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This is an asset utilization, non-DTI file loan which does not require a UDM. - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing Missing XXX credit. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> LTV is less than guideline maximum - Qualifying LTV XXX% is lower than the max allowed XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020595 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-XXX XXX; If Held in an entity such as XXX, XXX or Trust initial and final grade of B, waiver applied. - Due Diligence Vendor-XXX |  | Waived-XXX; If Held in an entity such as LLC, XXX or Trust initial and final grade of B, waiver applied. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020587 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020478 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received PITI - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See last page, this verifies the PITI - Buyer-XXX<br> Open-Missing housing expenses (XXX & Taxes Payment) for XXX XXX. - Due Diligence Vendor-XXX |  | Resolved-Received PITI - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Long term residence - Housing History reporting since XXX is greater than the XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020478 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX for Appraisal Desk Review Fee Increase. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See XXX for fee added - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Desk Review) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See XXX for fee added - Seller-XXX | Resolved-Received XXX for Appraisal Desk Review Fee Increase. Finding Resolved. - Due Diligence Vendor-XXX<br> Resolved- - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Long term residence - Housing History reporting since XXX is greater than the XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020478 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Borrower XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) See updated XXX with reflecting the credit monitoring<br> 2) see credit supplement for verification of PITI - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 XXX Credit Report - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Long term residence - Housing History reporting since XXX is greater than the XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020478 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received Borrower XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) See updated XXX with reflecting the credit monitoring<br> 2) see credit supplement for verification of PITI - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 2 XXX Credit Report - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Long term residence - Housing History reporting since XXX is greater than the XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020594 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Document provided with legal description attached for recording - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX to confirm that XXX is the page the legal is on. I cannot ask title to change it. - Buyer-XXX<br> Counter-XXX from the commitment provided. Please provide the "Exhibit A" attached to the mortgage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Uploaded certified true copy of documents sent for recording, Mortgage with Legal.<br> - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-XXX |  | Resolved-Document provided with legal description attached for recording - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020594 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-XXX XXX; If Held in an entity such as XXX, XXX or Trust initial and final grade of B, waiver applied. - Due Diligence Vendor-XXX |  | Waived-XXX; If Held in an entity such as LLC, XXX or Trust initial and final grade of B, waiver applied. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX <br> DSCR % greater than XXX - DSCR: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received final CDs confirming mtgs paid. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements XXX #XXX and XXX # XXX mortgage payments listed as liabilities vs XXX on final 1003, property associated with payment not provided. - Due Diligence Vendor-XXX |  | Resolved-Received final CDs confirming mtgs paid. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.log<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-After further review, the XXX letter was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Borrower XXX Letter Missing Bank statements listed owner is XXX, no documentation for this business was provided. - Due Diligence Vendor-XXX |  | Resolved-After further review, the CPA letter was provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020592 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-After further review, the XXX letter was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Borrower XXX 3rd Party VOE Prior to Close Missing Missing FInal XXX - Due Diligence Vendor-XXX |  | Resolved-After further review, the CPA letter was provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020424 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received property tax certs. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. city and school tax bills - Buyer-XXX<br> Counter-Received county property tax only-missing additional city and school tax. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received preliminary title-missing subject tax certification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. title - Buyer-XXX<br> Open-Property Title Issue Taxes missing from title report and/or tax certificate missing from file - Due Diligence Vendor-XXX |  | Resolved-Received property tax certs. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020486 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received acceptable documentation of sufficient reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We have verified Bank statements for XXX #XXX I have re-attached them to the email.<br>XXX # XXX, XXX<br> XXX # XXX- XXX<br> XXX # XXX- Current print out from XXX – XXX - Buyer-XXX<br> Counter-Received printout for XXX dated XXX-missing full bank statement for account. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We did verify #XXX - Buyer-XXX<br> Counter-Received 1003-audt does not have XXX $XXX verified-received final CD for $XXX only. Please provide full XXX day statement supporting balance of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Provide satisfactory documentation evidencing sufficient funds to meet minimum reserve requirements of no less than XXX months property expenses for DSCR qualified loan for XXX . Assets used thus far in audit include cash out proceeds of XXX from primary home and $XXX savings balance from XXX # XXX. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received acceptable documentation of sufficient reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Long term residence - Living in primary home for XXX years |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020486 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Long term residence - Living in primary home for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020423 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. pevuiously provided appraisal re uploaded with a date of XXX - Seller-XXX<br> Counter-Received partial 1007--Review is missing appraisal dated XXX-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the date on the 1007 date properrty inspected is XXX . - Buyer-XXX<br> Counter-Received desk review-missing appraisal and 1007 dated XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. effective date on XXX which matches apprasial - Seller-XXX <br> Open-Appraisal is Missing Missing appraisal and 1007 dated XXX as reviewed by XXX review dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. pevuiously provided appraisal re uploaded with a date of XXX - Seller-XXX<br> Ready for Review-Document Uploaded. effective date on ARR XXX which matches apprasial - Seller-XXX | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020423 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Lender DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020423 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received loan summary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing 1008/Approval - Due Diligence Vendor-XXX |  | Resolved-Received loan summary. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020501 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Received corrected XXX addendum to the Note and Rider to the Mortgage. XXX%,XXX%,XXX% - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting doc - XXX XXX - Buyer-XXX<br> Open-Prepayment Penalty is not allowed. Subject loan has XXX year declining prepayment XXX%, XXX%, XXX%. State overlay for XXX - XXX% or less of the original principal amount for the<br> first XXX-month term. XXX up to XXX-month term – XXX% of the original principal balance. - Due Diligence Vendor-XXX |  | Resolved-Received corrected XXX to the Note and Rider to the Mortgage. XXX%,XXX%,XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX months; guideline minimum is XXX months.<br>Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Form | Resolved-Received ID - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received ID - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.jpg | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received ID - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing First payment letter. - Due Diligence Vendor-XXX |  | Resolved-Received ID - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020420 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020593 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-XXX provided with chain from XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Title confirms XXX shows the previous owners mortgage recorded XXX which > XXX months history.<br> - Buyer-XXX<br> Open-XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Final title provided with chain from XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020434 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Third Party Fraud Report Partially Provided Missing Fraud Report. Fraud alerts summary only in loan file - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> On time mortgage history exceeds guideline requirement - Min XXX XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020434 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX/XXX Does Not Meet Guideline Requirements | Resolved-Received XXX Trust. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. trust cert including exhibit - Buyer-XXX<br> Open-Trust/XXX Does Not Meet Guideline Requirements The full Trust documents are missing from the loan file - Due Diligence Vendor-XXX |  | Resolved-Received Revokable Trust. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> On time mortgage history exceeds guideline requirement - Min XXX XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020434 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max XXX%, actual XXX%<br> On time mortgage history exceeds guideline requirement - Min XXX XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX <br> Open-Missing XXX Party Fraud Report Fraud Report is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Seller concession is confirmed on final CD and does not exceed the max. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Page XXX of credit package notating seller credit - Seller-XXX<br> Counter-Purchase contract provided, however we are missing the addendum adding the seller credit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Purchase Agreement - Seller-XXX <br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing Purchase Contract. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Page XXX of credit package notating seller credit - Seller-XXX<br> Ready for Review-Document Uploaded. Purchase Agreement - Seller-XXX | Resolved-Seller concession is confirmed on final CD and does not exceed the max. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received XXX validation for retained property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX <br> Counter-PITI provided. Please provide the XXX verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Statement for XXX(primary converted to investment), and XXX for the sale of departing residence #XXX, UNIT XXX, XXX, XXX - Buyer-XXX<br> Open-Missing evidence of PITIA for XXX XXX, as reflected on Final 1003, and proof of sale for XXX XXX for borrower XXX, as reflected on Final 1003. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. HOA - Seller-XXX | Resolved-Received HOA validation for retained property. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Months Income Verified is Missing | Resolved-Receive confirmation of XXX for property XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX <br> Counter-Received PITI. Please provide the XXX verification. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Mortgage statement for "XXX" - Seller-XXX <br> Open-Income XXX Months Income Verified is Missing Missing evidence of the PITI XXX for property XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage statement for "XXX" - Seller-XXX | Resolved-Receive confirmation of HOA for property XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets for closing - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing sufficient asset statements needed for funds to close and/or reserves. Only copy of Wire in the amount of $XXX provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Assets for closing - Seller-XXX | Resolved-Received assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Mortgage Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Mortgage statement - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence the mortgage on the XXX is paid current through closing. - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage Statement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX <br> Open-Approval/Underwriting Summary Not Provided. Missing 1008. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX payment letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Missing XXX letter. Missing XXX Letter. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. First Payment Letter - Seller-XXX | Resolved-Received 1st payment letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received assets. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Assets for closing - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing sufficient asset statements needed for funds to close and/or reserves. Only copy of Wire in the amount of $XXX provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Assets for closing - Seller-XXX | Resolved-Received assets. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party XXX Prior to Close Missing | Resolved-Received XXX party verification. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Entity Docs PLUS XXX party verification - Seller-XXX<br> Open-Borrower XXX XXX Party VOE Prior to Close Missing Missing Final VVOE. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Entity Docs XXX party verification - Seller-XXX | Resolved-Received 3rd party verification. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received Business documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Acceptable forms of documentation include a XXX, a signed written statement from a XXX or a Third-Party Tax Preparer (excluding PTIN tax preparers.---we have a business --attached document showing XXX should support borrower is "XXX entity or XXX is acceptable to indicate XXX% ownership." - Buyer-XXX<br> Open-Borrower XXX XXX Letter Missing Missing XXX letter verifying business ownership length, percentage, and expense ratio. - Due Diligence Vendor-XXX |  | Resolved-Received Business documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-Borrower XXX Total Years Employment Verified is Greater Than or Equal To XXX Months or Not Applicable (Borrower XXX Employment Status is Employed) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity Docs PLUS XXX party verification - Seller-XXX<br> Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months Missing evidence of length of business ownership and current status. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Entity Docs XXX party verification - Seller-XXX | Resolved-Borrower 1 Total Years Employment Verified is Greater Than or Equal To XXX Months or Not Applicable (Borrower 1 Employment Status is Employed) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-The Borrower XXX Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Income Calculation - Seller-XXX<br> Open-The Borrower XXX Bank Statement Summary/Lender Worksheet is Missing Missing Bank Statement Income Calc. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Income Calculation - Seller-XXX | Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. CDA - Seller-XXX<br> Open-Missing XXX product as required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CDA - Seller-XXX | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-XXX dated prior to closing with an effective date of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Disbursement Date is XXX. - Due Diligence Vendor-XXX |  | Resolved-XXX dated prior to closing with an effective date of XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Missing XXX Certificate XXX is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Flood Cert - Seller-XXX | Resolved-Received Flood Cert - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020484 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Notary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX with Notary stamp--Recorded with XXX - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----DOT Notary section is missing Notary stamp. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. MTG with Notary stamp--Recorded with MTG stamp - Seller-XXX | Resolved-Received Mortgage w/Notary. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max LTV is XXX%; qualifying LTV is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020492 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020504 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020504 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Borrower 1 Business Tax Returns Less Than XXX Months Provided | Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX <br> Open-Borrower XXX Business Tax Returns Less Than XXX Months Provided Allow option XXX of our approved XXX income calculation - Borrower is employed by XXX as a partner with less than XXX full year documented on most recent XXX and has a previous XXX year history as a XXX employee of XXX. VOE from prior employment required. Ok to qualify using partnership account statement and include the XXX in the income calculation. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO is XXX, reserves are XXX |  | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020489 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, no additional documentation required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXX" or "XXX" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. ---- Please provide borrowers acknowledgement for CD issued XXX. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, no additional documentation required - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020428 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received confirmation no claims made or pending. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received revised XXX reflecting subject address--XXX effective date is post closing XXX-provide confirmation from insurer no claims made. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Policy provided does not reflect the correct address. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Wind and XXX does not reflect the correct subject address pg. XXX - Due Diligence Vendor XXX |  | Resolved-Received confirmation no claims made or pending. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020428 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-XXX XXX and XXX not eligible XXX. Missing XXX per guidelines - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - MIn XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020485 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020429 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Closing | Prepayment Penalty Issue | Waived-XXX XXX; If Held in an entity such as XXX, XXX or Trust initial and XXX, waiver applied. Per XXX, a XXX can only be applied to loans closing in a XXX or XXX specifically. An LLC or XXX cannot be assessed a XXX. - Due Diligence Vendor-XXX <br> Open-Per note, property will be held in name of LLC, which is not allowed in XXX - Due Diligence Vendor-XXX |  | Waived-XXX; If Held in an entity such as XXX, XXX or XXX initial and final grade of XXX, waiver applied. Per XXX, a XXX can only be applied to loans closing in a XXX. An XXX or XXX cannot be assessed a XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX+ years reporting on time<br> Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020429 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted to allow B1 rent free. Non-material waiver applied with comp factors. Deemed non-material due to B1 has long history paid timely on another XXX. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower XXX residing rent free, not allowed. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow B1 rent free. Non-material waiver applied with comp factors. Deemed non-material due to B1 has long history paid timely on another XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX+ years reporting on time<br> Qualifying FICO score is at least XXX points above minimum for program - XXX | FICO XXX+ points > program requirement, reserves are XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020398 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020516 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020596 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited XXX Exceeds Guideline XXX | Resolved-After further review, the DSCR rounds up to XXX and the LTV meets guidelines requirements. - Due Diligence Vendor-XXX<br> Counter-DSCR calculation reflects: XXX%-provide rounding up by XXX decimal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Ratio is .XXX, which rounds up to XXX. - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% LTV exceeds XXX% maximum for DSCR Cash out refinance with a DSCR score of XXX (less than XXX); exception not found, other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Ratio is .XXX, which rounds up to XXX. - Seller-XXX | Resolved-After further review, the DSCR rounds up to XXX and the LTV meets guidelines requirements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX (DSCR XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020596 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-After further review, the DSCR rounds to XXX per guides. - Due Diligence Vendor-XXX<br> Counter-DSCR calculation reflects: XXX%-provide rounding up by XXX decimal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Ratio is .XXX, which rounds up to XXX. - Seller-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. DSCR score of XXX (less than XXX) does not meet minimum for DSCR Cash Out Refinance which requires an LTV of no more than XXX%. LTV for subject is XXX%. Exception not found, other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Ratio is .XXX, which rounds up to XXX. - Seller-XXX | Resolved-After further review, the DSCR rounds to XXX per guides. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX (DSCR XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020596 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation primary residence mortgage reflects on credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX/XXX is Primary Mortgage, reported for XXX months. This mortgage was transferred from XXX that reported the previous history XXX months. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX months evidence of satisfactory primary housing payment history. Credit report mortgage supplement dated XXX shows XXX months of mortgage payments. Per application borrower rented prior to current residence, Verification of Rent or exception not found, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation primary XXX reflects on credit report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX (DSCR XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX N/A N/A XXX |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020425 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020422 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Waived-Client exception granted to allow exclusion of the XXX letter, Non-materialwaiver applied with comp factors. non-material due to verified through third party. - Due Diligence Vendor-XXX<br> Open-Borrower XXX XXX Letter Missing Missing XXX verification of business-lender using business search and XXX for verification. Lender exception in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow exclusion of the XXX letter, Non-materialwaiver applied with comp factors. non-material due to verified through third party. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | XXX FICO<br> XXX% DTI<br> Reserves<br> LTV |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020442 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020427 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received 1) note2) recording3)proof last paid through XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) note<br> 2) recording<br> 3)proof paid - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing evidence that the primary residence is either owned free and clear or the XXX mortgage is stied to the property and is paid current through closing. - Due Diligence Vendor-XXX |  | Resolved-Received 1) note2) recording3)proof last paid through XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020427 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Resolved-Received second appraisal supporting value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX) appraisal XXX<br> XXX) appraisal XXX - Buyer-XXX<br> Open-Missing XXX per lending requirements. - Due Diligence Vendor-XXX |  | Resolved-Received XXX supporting value. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXXmonths<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020427 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received purchase contract and addendum. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) lead paint addendum<br> 2) purchase agreement - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received purchase contract and addendum. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020480 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party XXX not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020480 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020407 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020412 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020443 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Receive DSCR calculation. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation.<br> - Due Diligence Vendor-XXX |  | Resolved-Receive DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX <br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020443 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Notary page confirming both witnesses. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The signature pages is attached and signed by the borrower and the notary as well as the witness' and the notary seal so this may have been overlooked. If not please expand/clarify on what is required. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing required statutory signature pages that meets XXX state requirements. - Due Diligence Vendor-XXX |  | Resolved-Received Notary page confirming both witnesses. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020582 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Page XXX of the Mortgage includes/ reflects the legal description. - Buyer-XXX<br> Open-Missing Legal Description - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020582 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client Waiver applied to Non-Material finding. Borrower's other credit history has been paid as agreed,. Borrower is an experienced investor FICO XXX, LTV XXX - Due Diligence Vendor-XXX<br> Open-XXX-month look back is available and/or online listing showing actively marketed as<br> XXX, the loan will be reviewed case-by-case for XXX and additional pricing<br> concessions may apply<br> Exception Request: Requesting to proceed without XXX months look back using XXX Income - Due Diligence Vendor-XXX |  | Waived-Client Waiver applied to Non-Material finding. Borrower's other credit history has been paid as agreed,. Borrower is an experienced investor FICO XXX, LTV XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX | Borrower's other credit history has been paid as agreed,. Borrower is an experienced investor FICO XXX, LTV XXX<br>|  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020444 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Notary and witness for security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The signature page is attached and signed by the borrower and the notary as well as the witness' and the notary seal so this may have been overlooked. If not please expand/clarify on what is required. - Buyer-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing required statutory signature pages that meets XXX state requirements. - Due Diligence Vendor-XXX |  | Resolved-Received Notary and witness for security instrument. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020444 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020408 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-The Note is signed as an individual. - Due Diligence Vendor-XXX<br> Open-The guaranty agreement provided in the loan file indicates the borrower signed and added member to the signature. Please provide a guaranty agreement signed as an individual. - Due Diligence Vendor-XXX |  | Resolved-The Note is signed as an individual. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020419 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months for first time investor. Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020409 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation of new mortgage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Property record showing, DOT and satisfaction. Per guidelines XXX Housing History, XXX are required for any outstanding mortgages including private mortgages. This mortgage is satisfied so no XXX required. - Buyer-XXX<br> Counter-Provide current Note, DOT and Warranty deed on subject property-missing confirmation property was free and clear prior to Note XXX-title or property profile can confirm. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. The borower owned the subject property since XXX they paid of an extising commercial loan. - Buyer-XXX <br> Counter-Received Note dated XXX-missing previous lien and acceptable payment history or proof subject was free and clear prior to. Complete XXX month housing on subject required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX month housing history for subject property. Payoff and title reflect a lien of $XXX for subject property. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of new mortgage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020409 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received General Warranty Deed reflecting XXX month chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX provided. No XXX - Due Diligence Vendor-XXX |  | Resolved-Received General Warranty Deed reflecting XXX month chain of title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020401 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-XXX is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Paid receipt of $XXX - Seller-XXX<br> Counter-Received invoice--corrected policy received does not match what was collected on CD. Provide confirmation balance paid in full. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Please provide paid receipt or policy with the premium listed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-XXX provided is not for the subject property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Missing XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Paid receipt of $XXX - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-XXX is fully present - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020401 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020438 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020379 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received correspondence from client that the fees were paid by borrower to the lender and then lender paid the third party. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-The docs uploaded do not belong to this loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-A lender cannot pay a fee that is ultimately the borrower's responsibility to avoid a tolerance violation. The correct way for this is to show it paid by the borrower but provide a lender credit for fees above legal limit, unless it is stated in the loan file that the lender agreed to pay these fees from the beginning. - Due Diligence Vendor-XXX<br> Ready for Review-Hi team, the XXX report fee and the loan doc prep fee are paid by the lender. So there is no tolerance issue. - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX (XXX%) tolerance fees increased by $XXX (XXX Report Fee and Loan Doc Prep Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX year- Expiration date is XXX<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Hi team, the CDA report fee and the loan doc prep fee are paid by the lender. So there is no tolerance issue. - Seller-XXX | Resolved-Received correspondence from client that the fees were paid by borrower to the lender and then lender paid the third party. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI is less than XXX% maximum.<br> LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020379 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received title receipt. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received gift letter, copy of check-missing title receipt of funds as not reflecting on CD - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing verification of XXX of funds and transfer of gift funds meeting XXX requirements since guidelines defer to XXX. Gift funds are required for closing costs and reserves. File includes a copy of gift letter only XXX). Additional findings may apply since Audit included gift funds for qualifying. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received title receipt. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI is less than XXX% maximum.<br> LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum. |  | XXX.pdf<br> XXX.PDF<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020379 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received back of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Borrower Citizenship Documentation Is Missing Missing copy of the back of borrower's XXX. File includes copy of the front only (PDF XXX). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received back of XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - XXX% DTI is less than XXX% maximum.<br> LTV is less than guideline maximum - XXX% LTV is less than XXX% maximum. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020436 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020436 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Desk Review. Value Supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing XXX from approved vendor with acceptable scores. XXX & XXX scores exceed maximum tolerance. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. Value Supported. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020436 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received Resident XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX <br> Open-Borrower Citizenship Documentation Is Missing Missing sufficient documentation to support borrower's residency status and eligibility - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020405 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received personal guaranty agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. REVISED Executed Personal Guaranty - Buyer-XXX<br> Counter-Guaranty Agreement is signed as XXX of XXX. Guaranty agreement is required to be signed as an XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX executed - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'XXX'. Personal Guaranty signed by the borrower as an XXX and not as a member of the entity - Due Diligence Vendor-XXX |  | Resolved-Received XXX guaranty agreement. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum us XXX. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020481 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received confirmation inquiry related to subject mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX for credit inquiries is missing. \*New\* Please provide an XXX for the inquiry on XXX for B2 reporting on the XXX Report - Due Diligence Vendor-XXX |  | Resolved-Received confirmation inquiry related to subject mortgage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020481 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX report for both borrowers. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing Missing XXX Credit for Both B1 and B2 - Due Diligence Vendor-XXX |  | Resolved-Received XXX report for both borrowers. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020481 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received XXX and tax estimate figures. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Evidence of Property Tax - as listed on final 1008 - Due Diligence Vendor-XXX |  | Resolved-Received XXX and tax estimate figures. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020481 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Initial XXX Disclosure | Waived-Initial XXX Account Disclosure is Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX |  | Waived-Initial XXX Disclosure is Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020418 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Updated XXX Page received with Effective Date of XXX - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting doc - Updated XXX - Buyer-XXX <br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-XXX |  | Resolved-Updated XXX Page received with Effective Date of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020418 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received Borrower XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received Borrower XXX XXX Credit Report - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020418 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received Borrower XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 XXX Credit Report - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required <br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020591 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020585 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for XXX months - Buyer-XXX<br> Open-XXXprovided. Missing full XXX month XXX- Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> DSCR % greater than XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Underwriter Attestation | Resolved-After further review, the appraisal confirms investor concentration. - Due Diligence Vendor-XXX <br> Counter-Received 1008 confirming XXX-missing confirmation investor concentration does not exceed XXX% meeting guidelines XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 w XXX comment - Seller-XXX<br> Open-Missing XXX UW attestation - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 w UW comment - Seller-XXX | Resolved-After further review, the appraisal confirms investor concentration. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived in primary for over XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd XXX for increase in Appraisal Review fee. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Form - Seller-XXX <br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- XXX (XXX%) tolerance fees increased by $XXX (Appraisal Review Fee [$XXX] & XXX Questionnaire Fee [$XXX]) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX. Expires XXX. [Lender provided credit of $XXX for increase in closing costs above legal limit, resolving XXX Fee increase. XXX dated XXX in file for Appraisal Review Fee increase of $XXX does not provide reason for increase, further clarification required] - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX Form - Seller-XXX | Resolved-Rec'd XXX for increase in Appraisal Review fee. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived in primary for over XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX Payment Letter | Resolved-Received XXX Payment Letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX payment letter. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Payment Letter. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived in primary for over XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Recorded DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal description exhibit A - Due Diligence Vendor-XXX |  | Resolved-Received Recorded DOT w/Legal. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived in primary for over XXX years<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020590 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020406 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received signed XXX Tax Return Page XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed XXX Tax Return - Buyer-XXX<br> Counter-Deed provided. Please provide signed tax returns. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Upon request for the updated title, the title company provided the Deed that reflects both names. Will this be acceptable? - Buyer-XXX<br> Open-Borrower XXX Tax Returns Not Signed The Borrowers XXX Tax return is not signed. Tax return utilized for XXX calculation. - Due Diligence Vendor-XXX |  | Resolved-Received signed XXX Tax Return Page XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020406 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received prelim reflecting proposed insured with borrowers name and Trust. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated Title report - Buyer-XXX <br> Counter-Deed provided. Pending receipt of updated commitment or XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Upon request for the updated title, the XXX provided the Deed that reflects both names. Will this be acceptable? - Buyer-XXX<br> Open-Property Title Issue Title vested in XXX only, not permitted. Title to reflect borrowers' names in the Trust - Due Diligence Vendor-XXX |  | Resolved-Received prelim reflecting proposed insured with borrowers name and Trust. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020395 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX/XXX is Missing | Resolved-Received XXX year XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Borrower XXX Executed XXX/XXX is Missing XXX in file is only for XXX year and XXX years is required. - Due Diligence Vendor-XXX |  | Resolved-Received XXX year XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020382 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020389 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted for XXX appraisal but XXX, waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached exception request form. As per property issues. What property issues? The appraisal report does not indicate there are any issues with the property. We default to the appraisal to indicate any issue to the property. - Buyer-XXX<br> Open-Property Issues are identified for the property Email on Exception Request in file for XXX, but XXX. No Exception Request Form provided in file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted for XXX appraisal but XXX, waiver applied with compactors - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | FICO: XXX<br> DTI: XXX%<br> Reserves: XXX months | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020384 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020388 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020392 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received ratified purchase contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Only Contract Addendum was provided. - Due Diligence Vendor-XXX |  | Resolved-Received ratified purchase contract. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020432 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-After further review, this loan did not close in an entity. - Due Diligence Vendor-XXX<br> Open-Provide the XXX from the XXX, fillable docs and emails are not sufficient - Due Diligence Vendor-XXX |  | Resolved-After further review, this loan did not close in an entity. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020432 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received confirmation of receipt of gift and check to escrow. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX/Gift letter/proof of receipt of gift/closing funds check - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Confirmation gift funds in the amount of $XXX were deposited into borrower account or with settlement agent. CD provided shows "closing funds" deposited for $XXX. If the gift was part of this, missing verification of wire(s). If this entire amount was the gift, missing updated gift letter w/correct amount. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation of receipt of gift and check to XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020432 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recorded Mortgage with Exhibit A attached - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing exhibit A, legal description, attached to mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020416 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Seller Credit Addendum - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller credit addendum. - Buyer-XXX<br> Counter-Received purchase contract and addendum XXX--missing addendum reflecting seller contribution of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) purchase agreement<br> 2) addendum - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing Purchase Contract. - Due Diligence Vendor-XXX |  | Resolved-Received Seller Credit Addendum - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrower FICO score is XXX; guideline minimum is XXX. <br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020502 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020415 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020415 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Approval/1008 is required - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020385 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020400 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX <br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Credit Report Fee) without a valid XXX in file. Lender credit of $XXX on final CD. Finding resolved<br> - Due Diligence Vendor-XXX |  | Resolved-Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020369 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX is Unable to Determine | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Counter-Please identify XXX warrantable Type-XXX for limited or S for Full. XXX also note on 1008. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attestation - Buyer-XXX<br> Open-The XXX Project Warrantability is Unable to Determined. XXX and/ordocumentation clearly stating whether the property is a XXX XXX must be delivered with the file. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Consumer Credit history for more than XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020369 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Report - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing Missing XXX Credit Report. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - The Borrower has had XXX on the Consumer Credit history for more than XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO Score is XXX; guideline minimum is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020404 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020381 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-XXX credit report was provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Credit Report is Missing XXX Report is missing. - Due Diligence Vendor-XXX |  | Resolved-XXX credit report was provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The subject loan LTV is at XXX% which is XXX% below the maximum guideline fore the borrower of XXX%<br> Qualifying DTI below maximum allowed - |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020381 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received prior residence payment history. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX missing for prior housing. per the loan application, the borrower rented prior to purchasing the subject property for XXX years paying $XXX per month. The subject loan closed XXX and the borrower purchased his home XXX so a rental history was required from XXX thru XXX and is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment history. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The subject loan LTV is at XXX% which is XXX% below the maximum guideline fore the borrower of XXX%<br> Qualifying DTI below maximum allowed - |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020403 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing title supplement reflecting coverage of loan amount - Due Diligence Vendor-XXX |  | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The Borrowers FICO score is XXX; guideline minimum is XXX.<br> Months Reserves exceed minimum required - The Borrower has XXX months in reserves; guideline minimum is XXX months. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020411 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Applied for New Credit on or before this loan application according to the 1003 declaration | Resolved-Inquiry letter received, no DTI calculated for this loan. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. regarding the possible future credit - Buyer-XXX<br> Open-Borrower applied for New Credit on or before the loan application according to the 1003 declaration. Missing documentation and/or explanation as to borrower's new credit per disclosure on loan application. - Due Diligence Vendor-XXX |  | Resolved-Inquiry letter received, no DTI calculated for this loan. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020411 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Document Uploaded. DOT provided- XXX located with terms- condition resolved - Due Diligence Vendor-XXX<br> Open-Missing Prepayment Addendum to Note, data provided is from Rider to Security Instrument pending confirmation of terms. - Due Diligence Vendor-XXX |  | Resolved-Document Uploaded. DOT provided- XXX located with terms- condition resolved - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020440 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Occupancy cert not provided for XXX. - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020439 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020378 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX was not provided | Resolved-Prepayment penalty reflects within XXX not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX was not provided. Credit finding set - Due Diligence Vendor-XXX |  | Resolved-Prepayment penalty reflects within XXX not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020378 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Closing | Prepayment Penalty Issue | Resolved-Prepayment penalty reflects within Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX addendum not provided - Due Diligence Vendor-XXX |  | Resolved-Prepayment penalty reflects within Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020348 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-XXX provided. Missing required XXX Month XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX month chain of title. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020348 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further review, the loan file contained all required primary housing documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX page of note - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing documentation which confirms borrower's satisfactory mortgage payments for the XXX reflected on loan application. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required primary housing documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020348 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Calculated Initial Payment and Initial Principal and Interest Payment do not match | Resolved-Received complete Note. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX page of Note - Seller-XXX<br> Open-Calculated Initial P&I Payment Amount does not match Initial P&I Payment Amount (Variance exceeds $XXX) Missing first page of Note - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. First page of Note - Seller-XXX | Resolved-Received complete Note. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020348 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received XXX Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entire closing package was mistkanely uploaded again. Here is the note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. XXX page of Note is missing, Additional findings may exist - Due Diligence Vendor-XXX |  | Resolved-Received XXX Note. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX Max XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - FICO: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020581 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client provided a waiver for < XXX months reserves, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Assets in XXX. Cannot use for reserves. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for < XXX months reserves, applied to non material finding with comp factors - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> LTV is less than guideline maximum - Minimum LTV is XXX%, subject loan is XXX% | FICO: XXX >XXX minimum required<br> DSCR: XXX%>XXX% minimum required<br> LTV of XXX% XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2026020581 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Figure used $XXX - Buyer-XXX<br> Open-Missing Evidence of Property Tax - Due Diligence Vendor-XXX |  | Resolved-Received tax cert. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> LTV is less than guideline maximum - Minimum LTV is XXX%, subject loan is XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020579 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-XXX provided an inspection commentary stating in pertinent part that the roof is free of leaks and sound. - Due Diligence Vendor-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present Missing XXX or updated appraisal with As Is completion status. Appraisal completion status is Subject To roof inspection to confirm any leakage. XXX provided an inspection commentary stating in pertinent part that the roof is free of leaks and sound. . - Due Diligence Vendor-XXX |  | Resolved-XXX provided an inspection commentary stating in pertinent part that the roof is free of XXX and sound. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020579 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax cert provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Underwriter used Annual Taxes of $XXX divided by XXX. - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  | Resolved-Tax cert provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020575 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020390 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020413 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title commitment reflects $XXX, however loan amount is $XXX - Due Diligence Vendor-XXX |  | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX <br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020410 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020386 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit Disclosure - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Purpose Affidavit - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose affidavit. - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit Disclosure - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - The Borrower has reserves in the amount of XXX; guideline minimum is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - The Borrower's FICO score is XXX; guideline minimum is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020380 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-REO XXX most recent mortgage statement not provided. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020380 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX Report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020433 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT with Notary date and XXX witness signature. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. (XXX) Notary date is missing from Security Instrument. <br> (XXX) State requirements for security instrument signatures not met, in that XXX requires XXX witnesses, but one can the notary. There is only the notary which is undated. - Due Diligence Vendor-XXX |  | Resolved-Received DOT with Notary date and XXX witness signature. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020433 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX months XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Unsatisfactory XXX provided. Missing required XXX Month Chain of Title - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX months chain of title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020433 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing corporate documents, including, but not limited to Articles of Incorporation, Operating Agreement, Formation, Department of Corporations Active/Good Standing, Borrowing Certification, EIN for the following business: XXX. Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX |  | Resolved-Received business entity documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020433 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received prepayment penalty addendum to Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Missing Prepayment Addendum to Note. Terms to be reviewed and confirmed upon receipt/review of missing document. - Due Diligence Vendor-XXX |  | Resolved-Received prepayment penalty addendum to Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020426 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020349 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-The Calculated DSCR is equal to or exceeds the minimum DSCR per lender guidelines or Not Applicable. - Due Diligence Vendor-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. The borrowers are considered XXX time investors. Borrowers current primary residence owned for only XXX months. Previous address is now an investment property and has not been rented for at least XXX months. Borrowers' do not have history of managing a rental property for XXX year. - Due Diligence Vendor-XXX |  | Resolved-The Calculated DSCR is equal to or exceeds the minimum DSCR per lender guidelines or Not Applicable. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> On time mortgage history exceeds guideline requirement - Min XXX months XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020349 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client waiver applied to non-material finding with compensating factors. Allow borrower to be considered experienced investor for matrix/reserve requirements - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor response - Buyer-XXX<br> Counter-Received UW rebuttal-it does not appear the borrower has XXX month history of owning and managing rental properties for XXX months meeting guidelines XXX. XXX noted appears owned XXX months in XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW rebuttal - Buyer-XXX <br> Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Missing required reserves to cover XXX months for First time investor - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Allow borrower to be considered XXX for matrix/reserve requirements - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> On time mortgage history exceeds guideline requirement - Min XXX months XXX, actual XXX | Strong fico (XXX)<br> High DSCR score (XXX)<br> no credit lates in last XXX years<br> low revolving credit line usage (.XXX%) | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020313 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020562 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020391 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received Final 1003 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The final 1003 is missing from the file. - Due Diligence Vendor-XXX |  | Resolved-Received Final 1003 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020567 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Property | XXX (XXX) after appraisal without a XXX or XXX | Waived-Client waiver applied to non material finding with comp factors. Public only.<br> - Due Diligence Vendor-XXX<br> Open-XXX after appraisal without a Public PDI or 1004D. Disaster XXX - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non material finding with comp factors. XXX only.<br> - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020565 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020383 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020566 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020402 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-After further review, XXX transaction are not ineligible. They are allowed on owner occupied purchases. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) Dated XXX.<br> 2)Please see exception request/exception approval. Please apply to all conditions besides the XXX . Per UW team, "We notified the investor of the XXX relationship when we requested the exception" Please see email chain with exception request.<br> 3) Please see exception request/exception approval. Please apply to all conditions besides the XXX . Per UW team, "We notified the investor of the XXX relationship when we requested the exception" - Buyer-XXX<br> Open-Non-Arm's Length Transactions Not Allowed for Program Borrower and realtor are related. No relationship to seller. No exception in loan file - Due Diligence Vendor-XXX |  | Resolved-After further review, XXX transaction are not ineligible. They are allowed on owner occupied purchases. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The minimum Fico score is XXX and the borrower has a XXX.<br> Qualifying DTI below maximum allowed - The maximum DTI for the borrower because of the exception is XXX% and the borrower's actual DTI is XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020402 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) Dated XXX.<br> 2)Please see exception request/exception approval. Please apply to all conditions besides the XXX. Per UW team, "We notified the investor of the XXX relationship when we requested the exception" Please see email chain with exception request.<br> 3) Please see exception request/exception approval. Please apply to all conditions besides the XXX. Per UW team, "We notified the investor of the XXX relationship when we requested the exception" - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception request for no housing history XXX. Borrower lives rent free with parents. Exception approval email in loan file; however, it is from a person who is employed at the lender. No XXX approval in loan file. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The minimum Fico score is XXX and the borrower has a XXX.<br> Qualifying DTI below maximum allowed - The maximum DTI for the borrower because of the exception is XXX% and the borrower's actual DTI is XXX% | High FICO- min is XXX, current is XXX<br> Post-closing reserves- XXX months required, XXX months verified<br> Low LTV- max is XXX%, current is XXX%<br> Low DTI- max is XXX%, current is XXX%<br> Residual income- min required $XXX, current $XXX | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020402 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received UDM Dated XXX within XXX days of Closing. No new inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) Dated XXX.<br> 2)Please see exception request/exception approval. Please apply to all conditions besides the XXX. Per UW team, "We notified the investor of the XXX relationship when we requested the exception" Please see email chain with exception request.<br> 3) Please see exception request/exception approval. Please apply to all conditions besides the XXX. Per UW team, "We notified the investor of the XXX relationship when we requested the exception" - Buyer-XXX<br> Open-Borrower XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). The XXX credit report in the loan file is expired. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Dated XXX within XXX days of Closing. No new inquiries. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The minimum Fico score is XXX and the borrower has a XXX.<br> Qualifying DTI below maximum allowed - The maximum DTI for the borrower because of the exception is XXX% and the borrower's actual DTI is XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020317 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020297 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020561 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020323 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calc. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calc. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required<br> LTV is less than guideline maximum - XXX% LTV; max XXX% LTV required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020586 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test | Resolved-Received LE XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-This loan failed the initial closing disclosure delivery date and changed circumstances date test. (12 CFR §1026.19(e)(3)(iv)(A) - (C), (E), (F) , and (D) as amended in XXX , and 12 CFR §1026.19(e)(4)(i))The initial closing disclosure delivery date is either:Later than the XXX business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(4)(i) (revised loan estimate disclosure) and §1026.19(e)(4)(ii) (relationship to closing disclosure).This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on XXX not being open on XXX NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If a creditor uses a revised estimate for the purpose of determining good faith for the XXX tolerance and XXX% tolerance categories under §1026.19(e)(3)(i) and (ii), the creditor shall provide a revised version of the disclosures required under §1026.19(e)(1)(i) reflecting the revised estimate either:Within XXX business days of receiving information sufficient to establish that XXX of the reasons for revision provided under §1026.19(e)(3)(iv)(A) through (C), (E) and (F) applies; orNo later than XXX business days after the date the interest rate is locked, for revision provided under §1026.19(e)(3)(iv)(D). The revised version of the disclosures required under §1026.19(e)(1)(i) shall contain the revised interest rate, the points disclosed pursuant to §1026.37(f)(1), lender credits, and any other interest rate dependent charges and terms.Official Interpretations12 C.F.R. §1026.19(e)(4)(ii)Relationship to disclosures required under §1026.19(f)(1)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. §1026.19(e)(4)(ii) prohibits a creditor from providing a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i)...However, if a creditor uses a revised estimate pursuant to § 1026.19(e)(3)(iv) for the purpose of determining good faith under § 1026.19(e)(3)(i) and (ii), § 1026.19(e)(4)(i) permits the creditor to provide the revised estimate in the disclosures required under § 1026.19(f)(1)(i) (including any corrected disclosures provided under § 1026.19(f)(2)(i) or (ii)). -----Missing LE or CD issued within XXX days of rate lock date XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received XXX XXX, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020586 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Rec'd correspondence, decrease in lender credit was a result of a lock extension. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller Rebuttal Uploaded - Buyer-XXX<br> Counter------Received page XXX of Disclosure Tracking. This does not prove that borrower received the LE on XXX, The CD on XXX or the CD on XXX. Please provide proof of borrower receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter------Lender credit decreased from $XXX to $XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXX post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. COC XXX received, missing evidence CD XXX was received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $XXX to $XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date isXXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Rec'd correspondence, decrease in lender credit was a result of a lock extension. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020572 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Recorded DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded Recorded DOT with legal - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing required legal description attached to DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded Recorded DOT with legal - Seller-XXX | Resolved-Received Recorded XXX w/Legal. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Latest copy of XXX to coincide with the XXX that shows approved and valid until XXX - Seller-XXX<br> CounterXXX provided. Please provide a copy of the XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded.XXX - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing Missing XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Latest copy of XXX to coincide with the XXX that shows approved and valid until XXX - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party XXX Prior to Close Missing | Resolved-Received XXX dated XXX - ACTIVE - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Verified on XXX - Buyer-XXX<br> Counter-WVOE provided, however it is not dated within XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded XXX - Buyer-XXX<br> Open-Borrower 1 3rd Party XXX Prior to Close Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX dated XXX - ACTIVE - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020430 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received revised commitment w/sufficient coverage. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Uploaded Title with correct loan amount - Seller-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing title supplement reflecting subject lien amount - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded Title with correct loan amount - Seller-XXX | Resolved-Received revised commitment w/sufficient coverage. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max XXX%, actual XXX%<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Received Final 1003. Finding resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Final 1003 is Missing Received initial 1003, missing final signed 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Final 1003 is Missing Missing signed final 1003 from loan file - Due Diligence Vendor-XXX |  | Resolved-Received Final 1003. Finding resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020394 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received copy of initial 1003 XXX. Finding resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Initial 1003 is Missing Missing signed initial 1003 from loan file. - Due Diligence Vendor-XXX |  | Resolved-Received copy of initial 1003 XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required<br> Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020371 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. From the U/W - XXX,<br>Typically, in the past when an investor requests a XXX credit report, they are looking for a credit report that was pulled either before or after the report that we have in the file. I do not see that there was a report pulled before the credit we have in the file. The credit supplement for the XXX and the inquiry letter both have the same file # of XXX as the original credit report, so no report pulled after the fact. <br>In this case, I believe they are probably referring to the XXX Verify Report above. This XXX was pulled on XXX and the loan funded on XXX, so we have the XXX days covered. The monitoring is in progress, and it does not show any new credit activity. Let me know if this takes care of the condition or if they can explain what they are looking at that's triggering a XXX report. Thank you! - Buyer-XXX<br> Counter-Received supplemental report for XXX, however we are missing the XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit supp for condition - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020371 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party XXX not Provided | Resolved-Received Fraud Report - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Fraud Report with XXX XXX Report - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received Fraud Report - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Qualifying Total Reserves XXX months are higher than XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX is higher than XXX minimum required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020368 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Borrower 1 XXX Letter Missing Client Waiver applied to Non-Material Finding with Comp Factors. - Lender Exception in file for use of XXX confirming use of business assets will not negatively impact the business. - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020335 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-------Received completed section XXX of 1003 for both borrower's. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. completed Section XXX: Declarations - Buyer-XXX<br> Open-The Final 1003 is Incomplete Final 1003 Section XXX question XXX declaration is blank for B1 and B2. - Due Diligence Vendor-XXX |  | Waived-Borrower 1 XXX Letter Missing Client Waiver applied to Non-Material Finding with Comp Factors. - Lender Exception in file for use of XXX confirming use of business assets will not negatively impact the business. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. | Credit Score: XXX<br> DTI: XXX<br> Employment Stability:Stable<br> Reserves: XXX<br> Residual Income: XXX<br> Credit History: XXX<br> LTV: XXX |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020356 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Received XXX Appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-XXX pictures not provided. - Due Diligence Vendor-XXX |  | Resolved-------Received completed section XXX of 1003 for both borrower's. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020356 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Upon further review not required. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Borrower 1 Bank Statement Summary/Lender Worksheet is Missing<br> This is not a Bank Statement deal. It is Closed End Second full income deal. - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020356 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Summary/Lender Worksheet is Missing | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Resolved-Upon further review not required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020356 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved------Received XXX explaining change in appraisal fee. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Valid XXX and XXX disclosed appraisal fee increased - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations expires XXX. <br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020414 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020387 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- Missing Legal Desription<br> - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020361 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved------Received XXX explaining change in appraisal fee. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020361 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s). - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020360 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is XXX'. Assets are Insufficient. Total Qualified Assets Post-Close amount is - XXX. No verified assets in loan file. Closing check only - Due Diligence Vendor-XXX |  | Resolved-Confirmed - The legal uploaded is the legal that was recorded with the mortgage - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrowers reserves exceed the minimum required of XXX.<br> DSCR % greater than XXX - The DSCR for this loan is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020374 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Asset Record 1 Does Not Meet G/L Requirements Missing bank statements to verify borrower assets for XXX and reserves - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020347 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received corrected security instrument and confirmation of intent to re record. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) county corrected and title is having the mortgage re-recorded<br> 2) XXX to re-record - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The XXX needs to be corrected on the Deed of Trust. The Deed of Trust indicates the property is located in XXX; however, the County is XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020574 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-The corrected Note was received, including the Choice of XXX verbiage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Note being shipped via XXX # XXX - Seller-XXX<br> Open-Prepayment Penalty is not allowed. Note is missing the property state specific XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020397 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received leasehold agreement with ground rent. XXX years dated XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX year term Leasehold. Bottom of page XXX page XXX verifies that upon request lease will be renewed for another term of XXX years. - Buyer-XXX<br> Open-The XXX document is missing from file. Missing copy of leasehold, must meet expiration requirements. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX.<br> DSCR % greater than XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020397 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. cda - Buyer-XXX<br> Open-XXX not provided - Due Diligence Vendor-XXX |  | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX.<br> DSCR % greater than XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020397 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Waived-Client Waiver applied to Non-Material Finding with Comp Factors. there was a time where investors were not accepting finnacing for properties in XXX ... enclsoed is the exception we got from XXX for this - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) wvoe IN LIEU OF W2<br> 2) there was a time where investors were not accepting finnacing for properties in XXX ... enclsoed is the exception we got from XXX for this - Buyer-XXX<br> Open-Exception in file states "Property located in XXX"-Audit unable to determine the reason for the exception and why it does not meet guidelines. Pending clarification from the lender. - Due Diligence Vendor-XXX |  | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX.<br> DSCR % greater than XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020397 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Client Waiver applied to Non-Material Finding with Comp Factors. XXX IN XXX OF W2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) wvoe IN XXX OF W2<br> 2) there was a time where investors were not accepting finnacing for properties in XXX ... enclsoed is the exception we got from XXX for this - Seller-XXX<br> Open-Borrower 1 XXX Missing Missing XXX W2 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received XXX months bank statements. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX.<br> DSCR % greater than XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Waived-Client exception granted to allow no attorney opinion letter on XXX. Non-material waiver applied with comp factors. Deemed non-material due to XXX with no layering. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) county corrected and title is having the mortgage re-recorded<br> 2) LOI to re-record - Seller-XXX | Resolved-Received corrected security instrument and confirmation of intent to re record. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-DSCR Calculation has been received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Note being shipped via fedex # XXX - Seller-XXX | Resolved-The corrected Note was received, including the XXX verbiage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Leasehold document missing | Waived-Client exception granted to allow layered entity . Non-material waiver applied with comp factors. Deemed non-material due to borrower owns both LLC XXX% - Due Diligence Vendor-XXX<br> Open-The Business Entity Formation Document is incomplete XXX is layered owned by another LLC - Due Diligence Vendor-XXX |  | Resolved-Received leasehold agreement with ground rent. XXX years dated XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX or Additional Valuation has not been entered per securitization requirements | Waived-Client exception granted to allow - DSCR property is XXX . <br> Non-material waiver applied to finding with compensating factors.<br>DSCR property is XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding with compensating factors. However, regarding comp factors, the following should be noted: the actual DSCR was lower @ XXX; the actual LTV increased to XXX%; and reserves increased to XXX months. - Due Diligence Vendor-XXX<br> Open-Loan does not meet guideline requirements for loans listed for sale. Loan file contains an exception request to allow less than XXX month cancellation of listing, prior to loan application date. - Due Diligence Vendor-XXX |  | Waived-Client Waiver applied to Non-Material Finding with Comp Factors. there was a time where investors were not accepting finnacing for properties in XXX ... enclsoed is the exception we got from XXX for this - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX points or more above requirement<br> Total Debt XXX% or more under requirement | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX/XXX Missing | Waived-Client waiver applied to non material finding-public assistance only. - Due Diligence Vendor-XXX<br> Open-Texas Severe Storms, Straight-line Winds, and Flooding (XXX)<br> Incident Period: JXXX<br> Major XXX Declaration declared on XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) wvoe IN LIEU OF W2<br> 2) there was a time where investors were not accepting finnacing for properties in XXX ... enclsoed is the exception we got from XXX for this - Seller-XXX | Resolved-Client Waiver applied to Non-Material Finding with Comp Factors. wvoe XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing attorney opinion letter/trust review documentation | Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material findings - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow no attorney opinion letter on XXX. Non-material waiver applied with comp factors. Deemed non-material due to common LLC with no layering. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX > XXX<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX points or more above requirement, Total Debt XXX% or more under requirement |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020306 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation has been received - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. <br> LTV is less than guideline maximum - LTV XXX% LTV. Allowed XXX% |  | XXX.xlsx | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020580 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-After further review, the contract indicates the buyers name or an LLC and the address is XXX . - Due Diligence Vendor-XXX<br> Counter-Received purchase contract reflecting XXX as XXX - missing addendum reflecting correct business entity. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Purchase contract uploaded - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing Purchase Agreement - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered entity . Non-material waiver applied with comp factors. Deemed non-material due to borrower owns both LLC XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Credit history exceeds minimum required - Primary housing mortgage has XXX months reporting XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX | XXX FICO<br> XXX months reserves |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020560 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Operating Agreement and XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Operating Agreements and XXX uploaded - Buyer-XXX<br> Counter-Received XXX, Good Standing. Missing Operating Agreement and XXX from XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business entity docs uploaded - Buyer-XXX <br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing from Filing receipt - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020558 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received updated appraisal with supporting commentary - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing evidence of subject smoke and XXX in property that conforms to state guidelines. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020315 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines Du proof of receipt is acceptable. Guidelines are non agency. Guides are silent. XXX requires XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow - DSCR property is XXX . <br> Non-material waiver applied to finding with compensating factors.<br>DSCR property is XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX | FICO XXX+ points greater than program requirement DTI > XXX% below program requirement OR DSCR >XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020569 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received UW attestation XXX - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Please see updated UW1008 for the change in program - Buyer-XXX<br> Open-File does not contain proof XXX. Full review on established project per 1008. Additionally, no attestation on 1008 indicating warrantability. Comment from appraiser on 1008 indicating XXX follows non-warrantable guides. Lender did not indicate. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020556 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Client exception granted, waiver applied with comp factors. deemed non material due to Borrower has resided with XXX of her child for XXX months & has lived rent free / paid no housing payment. He will be moving in w/ borrower. Rent free letter in file.<br>- Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX <br> Counter-Received an XXX stating the attached exception form request for living rent free. The exception form was not provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception request - No Housing History in the prior XXX months. Residing with father of her XXX, but they are not married, so not considered the XXX. Borrower has resided with Father of her child for XXX months & has lived rent free / paid no housing payment. He will be moving in w/ borrower. \* XXX support XXX, indicating ability to save. Exception approval in file - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. However, regarding comp factors, the following should be noted: the actual DSCR was lower XXX; the actual LTV increased to XXX%; and reserves increased to XXX months. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Borrower has a FICO score of XXX and the minimum FICO score is XXX. <br> DSCR =/> XXX and minimum is XXX or Less - DSCR is XXX and minimum DSCR required isXXX%. | XXX FICO<br> DSCR XXX<br> XXX% LTV <br> XXX months Reserves |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020555 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX month XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX provided. Missing XXX - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020294 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing credit refresh/XXX report or evidence of debt monitoring within a XXX-day window of the note date. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020557 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-XXX for credit inquiries is present in file or not applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-XXX for credit inquiries is missing. A written explanation for credit inquiries in the last XXX days is required. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020571 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Client exception granted to allow gift fund from familial relationship, Non-material waiver applied with comp factors. non material due to compensating factors of:<br> Credit score of XXX, min XXX<br> Reserves XXX months, XXX months required<br> DTI XXX%, max XXX%<br> LTV XXX%, max XXX% - Due Diligence Vendor-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Exception request for XXX / XXX. The XXX is the XXX of the borrower's XXX yr XXX & will be moving into the subject property. They have resided together for the most recent XXX months. Is this relationship sufficient to be considered "XXX "? XXX is gifting XXX. \* Borrower is putting XXX% own funds into transaction due to lack of housing history/living Rent Free. Exception approval in file. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020316 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Property | XXX disaster declared XXX | Resolved-The Borrower is a co-borrower on his sons's mortgage but does not contribute to the mortgage payments. Housing histories provided for both loans. - Due Diligence Vendor-XXX<br> Open-Application is incorrect in that borrower has no primary housing expense. Mortgage statements provided include borrower, with another individual, also on credit report with same account numbers and a XXX on credit for this property. Borrower has ownership interest in this property, hence a XXX and mortgage regardless of Letter of Explanation from XXX. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non material finding-public assistance only. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020316 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | XXX Not Provided Within XXX Days of Application Date | Resolved-Rec'd Disclosure Tracking Summary. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded supporting documents - Seller-XXX<br> Counter------We have XXX XXX in file dated XXX one signed and one unsigned. Please provide proof of borrower's receipt for the one with Closing costs of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. ----- please provide borrower's acknowledgement of CD issued XXX<br> - Due Diligence Vendor-XXX |  | Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material findings - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020316 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Resolved-Received XXX and intent to re record. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-XXX is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-XXX provided. Missing XXX month XXX. - Due Diligence Vendor-XXX |  | Resolved-After further review, the contract indicates the buyers name or an LLC and the address is XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR =/> XXX and minimum is XXX or Less - XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form XXX (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ----- XXX Form XXX is acceptable in place of XXX form. Finding is deemed non-material. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-Received Operating Agreement and XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR =/> XXX and minimum is XXX or Less - XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020417 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property Issue | XXX/XXX XXX has issues | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-Received updated appraisal with supporting commentary - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX Max XXX<br> DSCR =/> XXX and minimum is XXX or Less - XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020345 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Upon further review, the document(s) are located in original file, nothing further required. Finding resolved. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Awards Letter. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020345 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX does not meet requirements | Resolved------Received the Affiliated Business Arrangement Disclosure. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. AFFILIATED BUSINESS ARRANGEMENT - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing ----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX attestation XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020312 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the loan closed in the make on an entity and that name is listed on the XXX. - Due Diligence Vendor-XXX<br> Open-Named Insured does not match Borrower(s) Name(s) Borrower's name must also be listed on XXX (XXX) as business name is the only Insured name listed - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. deemed non material due to Borrower has XXX with XXX of her child for XXX months & has lived rent free / paid no housing payment. He will be moving in w/ borrower. Rent free letter in file.<br>- Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Qualifying DTI below maximum allowed - XXX%DTI. program allows to XXX% | Credit score XXX points above min<br> DTI XXX% below max<br> Employment stability XXX years, XXX months<br> Reserves XXX months, XXX over min required<br> Residual income $XXX per month<br> Credit history XXX for at least XXX months<br> LTV XXX% below max<br> Credit profile less than XXX% in use, XXX accounts | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020312 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description in Mortgage chain. - Due Diligence Vendor-XXX |  | Resolved-Received XXX month chain of title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Qualifying DTI below maximum allowed - XXX%DTI. program allows to XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020312 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title - XXX. - Buyer-XXX<br> Counter-Received XXX - missing XXX month chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Report. - Buyer-XXX<br> Open-XXX provided. Title is missing from file - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Qualifying DTI below maximum allowed - XXX%DTI. program allows to XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020312 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title - XXX. - Buyer-XXX<br> Counter-Received XXX reflecting current vesting as subject to, parties are not searched, missing title coverage and XXX month chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX. - Buyer-XXX<br> Open-Title Document is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-XXX for credit inquiries is present in file or not applicable. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Qualifying DTI below maximum allowed - XXX%DTI. program allows to XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020312 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received Declarations. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. invoice attached with unpaid balance of XXX---XXX/ The XXX - Seller-XXX<br> Counter-Received XXX XXX-premium and name does not match final CD-please clarify. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Hazard Insurance Declaration Page - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Declaration page is absent the loan file - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow gift fund from XXX, Non-material waiver applied with comp factors. non material due to compensating factors of:<br> Credit score of XXX, min XXX<br> Reserves XXX months, XXX months required<br> DTI XXX%, max XXX%<br> LTV XXX%, max XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Qualifying DTI below maximum allowed - XXX%DTI. program allows to XXX% | Credit score XXX points above min<br> DTI XXX% below max<br> Employment stability XXX years, XXX months<br> Reserves XXX months, XXX over min required<br> Residual income $XXX per month<br> Credit history XXX for at least XXX months<br> LTV XXX% below max<br> Credit profile less than XXX% in use, XXX accounts |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020564 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Client provided a waiver for Credit score ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020333 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet uploaded - Seller-XXX <br> Open-The DSCR Calculation from lender is Missing. DSCR calculation is absent the loan file - Due Diligence Vendor-XXX |  | Resolved-The Borrower is a co-borrower on his XXX mortgage but does not contribute to the mortgage payments. Housing histories provided for XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020373 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 Uploaded - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. 1008 is absent the loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded supporting documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Rec'd Disclosure Tracking Summary. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above<br> Months Reserves exceed minimum required - XXX mos reserves needed. We have XXX reserves remaining |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020373 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received fraud report and supporting clearance documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud report uploaded - Seller-XXX<br> Open-Missing Third Party Fraud Report fraud report is absent the loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX and intent to re record. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above<br> Months Reserves exceed minimum required - XXX mos reserves needed. We have XXX reserves remaining |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020373 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title uploaded - Buyer-XXX <br> Open-Title Document is missing Title documentation is absent the loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above<br> Months Reserves exceed minimum required - XXX mos reserves needed. We have XXX reserves remaining |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020373 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect XXX Form Type selected | Waived-Client exception granted to allow XXX% of market rent without having proof of XXX months receipt of rental income, Non-material waiver applied with comp factors. nonmaterial due to:<br> Credit Score: XXX pts above requirement (XXX)<br> Reserves: XXX months above requirement (XXX)<br> Credit History: Clean Credit Profile<br> LTV XXX%, max XXX - Due Diligence Vendor-XXX<br> Open-Lender Exception in file for using XXX% of market rent without having XXX months proof of receipt due to recent XXX. We have proof of receipt of the security deposit and XXX month's rent which is short of the required XXX months. Email exception approval in loan file. - Due Diligence Vendor-XXX |  | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form XXX is 'XXX (XXX)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ----- XXX Form XXX is acceptable in place of XXX form. Finding is deemed non-material. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above<br> Months Reserves exceed minimum required - XXX mos reserves needed. We have XXX reserves remaining |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020373 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Resolved-After further review, the purpose is rate and term and the max LTV with the XXX% reduction for XXX is XXX%. - Due Diligence Vendor-XXX<br> Counter-Received exception for XXX month lookback-finding remains-missing exception request and approval for Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% reduction for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received exception for XXX month lookback-finding remains-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% reduction for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% reduction for XXX - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above<br> Months Reserves exceed minimum required - XXX mos reserves needed. We have XXX reserves remaining |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020366 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing required legal description from the loan file - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the document(s) are located in original file, nothing further required. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020366 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Client exception granted to allow XXX without look back period, Non-material waiver applied with comp factors. nonmaterial due to:<br> Min Fico: XXX, actual XXX<br> Program Min DSCR: XXX, actual XXX<br> Program Max LTV XXX%, actual XXX%<br> Program Min Reserves XXX, actual XXX months<br> - Due Diligence Vendor-XXX<br> Open-Loan Exception in file to use 1007 rent rather than averaging the rents for the previous XXX months. XXX Month look back history is required per guides. Email exception approval in loan file. - Due Diligence Vendor-XXX |  | Resolved------Received the Affiliated Business Arrangement Disclosure. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020318 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Resolved-VOR received from XXX. Per guides - If a borrower is renting their primary residence, a XXX from the landlord is required with no additional documentation (e.g. cancelled checks not required).<br> - Due Diligence Vendor-XXX<br> Counter-VOR provided, please provide verification of timely payments made is required (either canceled checks front and back OR bank statements showing account ownership and payments debited by landlord) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower owns what is considered personal property in the form of a XXX as a primary residence which is free and clear. The manufactured home is not classified as XXX at this time. <br>XXX months payment history not provided. - Due Diligence Vendor-XXX |  | Resolved-After further review, the loan closed in the make on an entity and that name is listed on the XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - our FICO is XXX pts higher<br> Months Reserves exceed minimum required - XXX mos reserves required. Reserves with cash back are XXX mos |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020318 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Undisclosed Debt Verification with no alerts dated XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Borrower 1 XXX Credit Report is Missing XXX Credit Report is missing - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - our FICO is XXX pts higher<br> Months Reserves exceed minimum required - XXX mos reserves required. Reserves with cash back are XXX mos |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020554 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received Title and Explanation of XXX listed on Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX from XXX listed in the final paragraph on page XXX - Buyer-XXX <br> Open-XXX provided. Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, borrowers have XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020554 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud report uploaded for review - Buyer-XXX<br> Open-Missing Third Party Fraud Report Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, borrowers have XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received Recert XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recertification of Value ordered through an XXX uploaded - Buyer-XXX<br> Open-XXX must be ordered through an XXX (XXX). Appraisals that are<br> not ordered through an XXX but are XXX can be reviewed on an exception basis. No exception/approval found in loan file<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. invoice attached with unpaid balance of $XXX---Citizens Property Insurance Corporation/ The XXX - Seller-XXX | Resolved-Received Declarations. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>|  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax Cert uploaded - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing verification of taxes. No tax cert or on XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request and approval for XXX FICO - Seller-XXX | Waived-Client provided a waiver for Credit score LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>LTV: XXX%XXX months required. XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Worksheet uploaded - Seller-XXX | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>|  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received XXX, lender used the market value, however they calculated @ XXX% of the actual in place rent which is less than the market value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lease Explanation. - Buyer-XXX<br> Open-Lease for subject property is XXX which is dated XXX and guidelines require no less than XXX months. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 Uploaded - Seller-XXX | Resolved-XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>|  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party XXX not Provided | Resolved-Upon further review, appraiser updated the appraisal to as-is in lieu of the XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) Appraisal Explanation.<br> 2) Repaired Window. - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present Loan file is absent XXX. However, there are XXX full Appraisals included in the loan file both dated XXX. One as Subject to noted "the broken window in the garage being repaired or replaced." and the other is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Fraud report uploaded - Seller-XXX | Resolved-Received fraud report and supporting clearance documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>|  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020293 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description is missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% for XXX units<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br>|  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020343 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received complete Title Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Title Document is Incomplete Missing full complete title report, loan file only contains XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX% of market rent without having proof of XXX months receipt of rental income, Non-material waiver applied with comp factors. nonmaterial due to:<br> Credit Score: XXX pts above requirement (XXX)<br> Reserves: XXX months above requirement (XXX)<br> Credit History: Clean Credit Profile<br> LTV XXX%, max XXX% - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. | Credit Score: XXX pts above requirement<br> Reserves: XXX months above requirement<br> Credit History: Clean Credit Profile. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020559 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing from loan file - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020553 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Received Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description - Due Diligence Vendor-XXX |  | Resolved-After further review, the purpose is rate and term and the max LTV with the XXX% reduction for XXX is XXX%. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum fico score is XXX and the borrower has a XXX fico score. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020553 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Waived-Client provided a waiver LTV > XXX%, applied to non material finding with reviewed comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received exception request-please provide client exception approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter--Guideline XXX require the lower of listing price or appraised value to be considered in LTV qualification. - Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% LTV exceeds XXX% maximum for XXX for a XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received XXX cancellation and listing amount-finding remains-guideline XXX require the lower of listing price or appraised value to be considered in LTV qualification. - Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% LTV exceeds XXX% maximum for Cash Out Refinance for a DSCR transaction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received XXX-missing listing cancellation and as appraisal reflects XXX listing as XXX original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% LTV exceeds XXX% maximum for Cash Out Refinance for a XXX. Appraisal notes borrower listed subject for sale XXX for XXX which is below the XXX appraised value. Exception not found, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum fico score is XXX and the borrower has a XXX fico score. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020553 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Client provided a waiver LTV > XXX%, applied to non material finding with reviewed comp factors. Non-Material as < XXX% variance. Non-Material as < XXX% variance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received exception request-please provide client exception approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Does not meeting guidelines XXX Listing must be cancelled XXX month from application date and LTV must be based on listing amount as less than appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received Agent confirmation of XXX cancelation date of XXX-and XXX confirming last listing value was $XXX. Does not meeting guidelines XXX Listing must be cancelled XXX month from application date and LTV must be based on listing amount as less than appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received online XXX search-must provide confirmation of XXX cancellation for date. Appraisal and credit dated prior to XXX cancellation date. Original finding remains. Exception not found. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Loan does not meet guideline requirements for loans listed for sale. Loan does not conform to guidelines in that subject was offered for sale per appraisal as of XXX with an asking price of XXX; although no documentation confirming listing was removed, online searches sbow it is not currently for sale, exception not found. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX without look back period, Non-material waiver applied with comp factors. nonmaterial due to:<br> Min Fico: XXX, actual XXX<br> Program Min DSCR: XXX, actual XXX<br> Program Max LTV XXX%, actual XXX%<br> Program Min Reserves XXX, actual XXX months<br> - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum fico score is XXX and the borrower has a XXX fico score. | Min Fico: XXX, actual XXX<br> Program Min DSCR: XXX, actual XXX<br> Program Max LTV XXX%, actual XXX%<br> Program Min Reserves XXX, actual XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020551 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit for DSCR qualified loan closing in an LLC - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020286 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Fully Executed Note received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fully Executed Note received - Due Diligence Vendor-XXX<br> Open-Missing complete copy of note - page XXX is missing. Additionally, findings may apply upon receipt - Due Diligence Vendor-XXX |  | Resolved-XXX received from XXX. Per guides - If a borrower is renting their primary residence, a VOR from the XXX is required with no additional documentation (e.g. cancelled checks not required).<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. | FICO XXX, LTV XXX% | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020325 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Rec'd XXX and CD issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the attached XXX CD from XXX - Seller-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from XXX to XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. However, there is a lender credit for fee's above legal limit in the amount of XXX on Final Cd XXX. (XXX) - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020577 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-Received Undisclosed Debt Verification with no alerts dated XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max DTI is XXX% - we are at XXX%<br> LTV is less than guideline maximum - LTV max is XXX% - we are at XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020375 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Rec'd XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX (XXX%) tolerance fees increased by XXX (Transfer Taxes) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX year, expiration date XXX - Due Diligence Vendor-XXX |  | Resolved-Received Title and Explanation of XXX listed on Legal Description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV IS XXX%, MAXIMUM IS XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO IS XXX, MINUMUM IS XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020277 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party XXX not Provided | Resolved-rec'd notification: Please be advised that Community Savings does not have any affiliates. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud report. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020277 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX/XXX General (Credit) | Waived-Client waiver applied to non-material finding with compensating factors. Allow for borrower living rent free for XXX years with Parents - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX approval email to go along with comp factor email and exception request form delivered with loan file - Buyer-XXX<br> Counter-Received email. Email indicates an Exception is in the file, but the file contains a Request (pg XXX) with no Approval noted. Email provided is to XXX with no response. Please provide an Approved Exception with Comp Factors.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Comp factors - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Per guides, borrowers living rent-free with any person other than a non-borrowing spouse are not eligible and may only be considered on an exception basis. Lender exception request in file for a borrower living rent-free with XXX who are not a non-borrowing spouse. No compensating factors were provided. - Due Diligence Vendor-XXX |  | Resolved-Received Recert through XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020277 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of XXX Missing | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX |  | Resolved-Received Tax Cert. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020576 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received recorded mortgage with XXX including the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX is Missing Missing XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020288 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX/Disclosure Missing | Resolved-Received final inspection confirming Unit XXX and no health and safety. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX uploaded - Seller-XXX<br> Open-Property Issues are identified for the property Excessive XXX in XXX - safety issue. - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrowers have XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020301 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 uploaded - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary · 1008 or loan approval required - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020578 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Received flood cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood cert uploaded - Buyer-XXX<br> Open-Missing Flood Certificate Flood certificate required-XXX per appraiser - Due Diligence Vendor-XXX |  | Resolved-Received XXX, lender used the market value, however they calculated @ XXX% of the actual in place rent which is less than the market value. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020578 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. The DSCR calculation/worksheet is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, appraiser updated the appraisal to as-is in lieu of the XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020578 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Document Uploaded. XXX uploaded - Due Diligence Vendor-XXX<br> Open-XXX uploaded - Due Diligence Vendor-XXX<br> XXX Missing from XXX based on Property Type selected on Property Page. Lender provided a XXX, subject is XXX per appraisal, title, HOA. Addressed in another finding dh - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020563 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX |  | Resolved-Received complete Title Report. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR: XXX Min XXX<br> LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020303 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-The Business Purpose Affidavit was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Business Purpose Affidavit/Disclosure Missing - required on DSCR loans - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020303 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Debt for the XXX was included in the ratios, paid as agreed per credit and mortgage statements provided. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements We need proof that child of Co-borrower XXX - has made all payments for mortgage with XXX #XXX as she is a co-signer on loan and we are missing proof of XXX months of payments paid by child. - Due Diligence Vendor-XXX |  | Resolved-Received Legal Description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020251 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Social security awards letter provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX letter - Seller-XXX<br> Counter-Received XXX summary - missing XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Benefit. - Seller-XXX<br> Counter-Receive recent XXX receipt-missing the XXX Awards letter and XXX Benefit Summary - please provide. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX payment on XXX. - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines Co-borrower XXX - we are missing documentation to support XXX Benefit and Social Security income. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Waived-Client provided a waiver LTV > XXX%, applied to non material finding with reviewed comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.xlsx<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020251 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Resolved-Upon further review, the loan file contained all required credit inquiry documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Inquiries - Seller-XXX<br> Open-XXX for credit inquiries is missing. Missing XXX for XXX inquiry - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Waived-Client provided a waiver LTV > XXX%, applied to non material finding with reviewed comp factors. Non-Material as < XXX% variance. Non-Material as < XXX% variance. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.xlsx<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020251 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/Disclosure Missing | Resolved-Received all pages of security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Page XXX Deed of Trust - Page XXX. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Page XXX is missing from the DOT. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020299 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX Document | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Report and XXX uploaded - Buyer-XXX<br> Open-Borrower XXX XXX Credit Report is Missing We are missing XXX credit report for co-borrower XXX. - Due Diligence Vendor-XXX |  | Resolved-Fully Executed Note received - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX; guidelines require XXX. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020339 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Monitoring and Credit Report uploaded - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX credit report for borrower & co-borrower XXX are missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. the attached COC CD from XXX - Seller-XXX | Resolved-Rec'd XXX and CD issued XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO IS XXX, MINIMUM FICO IS XXX<br> LTV is less than guideline maximum - LTV IS XXX% MAXIMUM IS XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020339 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Client exception granted to allow Layered Entities. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-XXX Owner Signature Requirement Not met. XXX or XXX Entities are not permitted. Lender exception in file.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO IS XXX, MINIMUM FICO IS XXX<br> LTV is less than guideline maximum - LTV IS XXX% MAXIMUM IS XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020340 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received revised appraisal confirming hookup present. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. page XXX appraiser made comments - Buyer-XXX<br> Open-Property Issues are identified for the property XXX is missing a XXX - Due Diligence Vendor-XXX |  | Resolved-Rec'd XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX.<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020340 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Required XXX | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit Refresh - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing A XXX credit report is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-rec'd notification: Please be advised that XXX does not have any affiliates. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX.<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020334 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received fully executed Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Full copy of Note - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Note is missing page XXX. Please provide complete executed note. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Allow for borrower living rent free for XXX years with Parents - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The maximum DTI for a FTHB is XXX% and the subject DTI is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum credit score is XXX and the borrower has a middle score of XXX. | Residual income $XXX<br> XXX months reserves<br> Low DTI<br> Good FICO | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020334 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Resolved-Received Lease agreements supporting qualifying rents used. - Due Diligence Vendor-XXX<br> Ready for Review-Received Lease agreements supporting qualifying rents used. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received leases for XXX XXX XXX--missing Missing lease for property XXX that supports XXX/mos; Missing lease(s) that support a total monthly rental amount of XXX-property XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing lease on XXX for Property XXX for a total of $XXX in monthly rents; Missing lease for property XXX that supports XXX/mos; Missing lease(s) that support a total monthly rental amount ofXXX<br>- Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - The maximum DTI for a FTHB is XXX% and the subject DTI is XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum credit score is XXX and the borrower has a middle score of XXX. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX is Missing | Resolved-Received XXX Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Asset XXX Does Not Meet Guideline Requirements Missing verification of receipt and deposit of $XXX from XXX XXX XXX - Due Diligence Vendor-XXX |  | Resolved-Received recorded mortgage with XXX including the XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received complete purchase contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing sales contract in it's entirety (only have addendum to sales contract for updated seller concessions.) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1004D uploaded - Seller-XXX | Resolved-Received XXX confirming Unit XXX and no health and safety. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020298 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received UW approval. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing loan approval and/or 1008 - Due Diligence Vendor-XXX |  | Resolved-Received flood cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020273 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Waived-Client exception granted to allow earthquake deductible >XXX%, Non-material waiver applied with comp factors. nonmaterial due to compensating factors:<br> Credit score XXX pts above min required<br> Reserves XXX months - Due Diligence Vendor-XXX<br> Open-XXX Partially Provided Exception request for XXX on the XXX is XXX%. All others are under XXX%. Exception request to exceed the XXX% requirement. The agent confirmed the XXX% is only for XXX. Exception approval located in loan file - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - The maximum LTV is XXX and the loan closed with a LTV of XXX%.<br> Qualifying FICO score is at least XXX points above minimum for program - The minimum fico score is XXX and the borrower has a XXX fico score. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020311 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-After further review, the tax cert is in the loan file. - Due Diligence Vendor-XXX<br> Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020344 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing based on Property Type selected | Resolved-After further review, the appraiser confirms this is an arms-length transaction. - Due Diligence Vendor-XXX<br> Open-XXX Not Allowed for Program Missing documentation which confirms any relationship between borrower and seller. Appraisal states subject was not XXX listed and was offered for sale by owner (XXX transaction). - Due Diligence Vendor-XXX |  | Resolved-Document Uploaded. XXX uploaded - Due Diligence Vendor-XXX<br> Rescinded-Rider Missing from DOT screen based on Property Type selected on Property Page. Lender provided a XXX, subject is XXX per appraisal, title, XXX. Addressed in another finding XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves exceeds XXX months per guides<br> Qualifying FICO score is at least XXX points above minimum for program - FICO XXX exceeds min XXX per guides |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020344 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-After further review, the XXX is in the loan file. - Due Diligence Vendor-XXX<br> Open-Missing XXX Missing evidence of property insurance coverage that meets minimum requirements of no less than XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves exceeds XXX months per guides<br> Qualifying FICO score is at least XXX points above minimum for program - FICO XXX exceeds min XXX per guides |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020344 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX/XXX Missing | Resolved-After further review, this is a XXX and XXX were provided as a result. - Due Diligence Vendor-XXX<br> Open-Property Title Issue XXX. Seller acquired subject XXX; Purchase Agreement dated XXX. Per appraisal there was a XXX sale price to seller and XXX on market with appraiser commenting it was offered for sale by owner and not publicly listed. No letter from borrower as to XXX, no exception found, other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-The Business Purpose Affidavit was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos reserves exceeds XXX months per guides<br> Qualifying FICO score is at least XXX points above minimum for program - FICO XXX exceeds min XXX per guides |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Business Purpose Affidavit only required on DSCR, Occupancy cert in file - Due Diligence Vendor-XXX <br> Counter-Loan vested in business entity-Business Purpose Affidavit is required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The Business Purpose Affidavit only prints in XXX. Compliance directed that the Business Purpose Affidavit be removed from all other packages, therefore it is not available for this file type. Please cancel - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Loan closed in an entity, Business Purpose Affidavit is required - Due Diligence Vendor-XXX |  | Resolved-Debt for the XXX was included in the ratios, paid as agreed per credit and mortgage statements provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received complete XXX declaration page. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX is attached in the file. The XXX is not partially provided; the declarations section on page XXX clearly reflects the XXX period of XXX to XXX, which provides the required proof of the expiration date. This satisfies the investor requirement for a valid policy term and confirms the coverage is active through the XXX. Please Clear - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only XXX does not reflect an expiration date. Provide proof of expiration date of XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. SSA letter - Seller-XXX<br> Ready for Review-Document Uploaded. VA Benefit. - Seller-XXX<br> Ready for Review-Document Uploaded. VA payment on XXX Account. - Seller-XXX | Resolved-Social security awards letter provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for XXX inquiries | Resolved------Received proof of borrower acknowledgement, Econsent in file. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached disclosure tracking for XXX - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by XXX Points-Loan Discount Fee without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. \*\*\*XXX in file, borrower's acknowledgement of CD issued XXX is required, please provide. Statute of Limitations is XXX years. Expiration date XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit Inquiries - Seller-XXX | Resolved-Upon further review, the loan file contained all required credit inquiry documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Received chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title repost attached. See XXX and pages XXX for XXX - Seller-XXX<br> Open-XXX provided. Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received all pages of security instrument. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX XXX is Missing | Resolved-Received XXX. XXX are not listed on the XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX<br> Counter-Received XXX report--XXX reflect solar ownership-missing XXX documentation for subject. #XXX reflects several judgments/liens/child support-missing confirmation all are clear - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title repost attached. See Sch A and pages XXX for XXX - Seller-XXX<br> Open-Title Document is Incomplete XXX is not dated and missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020550 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX XXX is Missing | Resolved------Received copy of Service Provider List. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% (XXX) exceed the comparable charges (XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----Missing Service Provider List, unable to test fees properly without this document. Please provide copy. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. UDM Monitoring and Credit Report uploaded - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We need XXX mos - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX - XXX pts above |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020573 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | XXX Signature Requirement Not met | Resolved-----Received Written Service Provider list. - Due Diligence Vendor-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXX" or "XXX" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----Please provide evidence that the borrower received CD XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow Layered Entities. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - XXX% DSCR<br> Months Reserves exceed minimum required - XXX months reserves with XXX months min<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO with XXX min | XXX% LTV vs XXX% max<br> XXX FICO with XXX min<br> XXX DSC Ratio with XXX min<br> XXX mos reserves vs XXX mos required. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020332 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received settlement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Vested Owner Signature Requirement Not met. Title reflects XXX as owner. Per U/W notes, appears borrower inherited the property; need documentation to support (i.e. court docs showing borrower is the administrator of XXX) need court order, documentation that reflect property was awarded to borrower. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020372 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX XXX payment - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received pay history for #XXX. Missing XXX acct # XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Mortgage payments for XXX for XXX acct # XXX and Guaranteed Rate acct # XXX not provided. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020570 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (XXX) | Resolved-Received DSCR Calculation from Lender. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing calculation/ratio in loan file - Due Diligence Vendor-XXX |  | Resolved-Received revised appraisal confirming hookup present. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX (net proceeds) |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020346 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX XXX is Missing | Resolved-Received XXX payment for XXX as of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Provide evidence of current XXX and XXX for the XXX XXX primary since only provided a payment history. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - The minimum fico score requirement is XXX and the borrower has a fico score of XXX. <br> Qualifying DTI below maximum allowed - The maximum DTI ratio is XXX% and the audit DTI ratio is at XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020302 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX Document | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. completion report with XXX - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is Partially Present Missing XXX for the repairs. - Due Diligence Vendor-XXX |  | Resolved-Received fully executed Note. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020270 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX <br> Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing XXX product to meet investor guidelines. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020552 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Blanket waiver: we have reviewed and approved XXX XXX appraisal ordering XXX. We will permit their appraisals without requiring a formal exception request/approval for each XXX. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed as "No XXX" The guidelines (section XXX) indicate all appraisal must be ordered through an XXX (XXX). If they are not but<br> are XXX compliant they may be reviewed on an exception basis. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020350 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX Agreement | Resolved-Received budget, 1008 reflecting full review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received XXX Certification-1008 reflects Full Review-missing budget and XXX of XXX type. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing documentation to support XXX project warrantability, no notes on lender appraisal or XXX - Due Diligence Vendor-XXX |  | Resolved-Received Lease agreements supporting qualifying rents used. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX pts above<br> Months Reserves exceed minimum required - Required XXX mos per DU; XXX mos verified |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020350 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Settlement Statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX pts above<br> Months Reserves exceed minimum required - Required XXX mos per DU; XXX mos verified |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020350 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Issue | Resolved-Received property profiles confirming borrower owns both free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Both properties owned Free & Clear - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines The loan file is missing evidence that the borrowers' XXX investment properties at XXX are owned free & clear and do not have any liens on them. - Due Diligence Vendor-XXX |  | Resolved-Received complete purchase contract. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX pts above<br> Months Reserves exceed minimum required - Required XXX mos per DU; XXX mos verified |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020350 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX that were sent and signed at closing - Buyer-XXX<br> Open-Borrower XXX Executed XXX is Missing Only XXX year on signed XXX. XXX years is unsigned - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX - we are at XXX pts above<br> Months Reserves exceed minimum required - Required XXX mos per DU; XXX mos verified |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020568 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received updated XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX reflectin XXX - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). The subject loan closed with a loan amount of XXX and the title shows XXX. The loan file is missing a supplement updating the loan amount to XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020314 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Waived-The guidelines (section XXX) indicate all appraisal must be ordered through an XXX (XXX). If they are not but are XXX compliant they may be reviewed on an exception basis. Waiver we have reviewed and approved XXX. We will permit their appraisals without requiring a formal exception request/approval for each instance.<br> - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed by No XXX. All appraisals must be ordered through an XXX (XXX) - Due Diligence Vendor-XXX |  | Resolved-Received XXX approval. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX =actual XXX pts above |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020314 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | XXX is Partial | Resolved-Received XXX and proof of free/clear XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) property profile owned free & clear<br> 2) XXX on retained property - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines The XXX is missing for the borrowers' XXX of XXX. The lender used a total of $XXX per month for that property. The taxes are $XXX monthly (page XXX). The insurance cannot exceed $XXX per month. In addition, no documentation was obtained to verify that there is no XXX on that property. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX deductible >XXX%, Non-material waiver applied with comp factors. nonmaterial due to compensating factors:<br> Credit score XXX pts above min required<br> Reserves XXX months - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX =actual XXX - XXX pts above | Credit score XXX pts above<br> Reserves XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020284 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of XXX Missing | Resolved-Received Borrower XXX Executed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) signed XXX - Seller-XXX<br> Open-Borrower 1 Executed XXX is Missing Only XXX year XXX signed. The XXX year XXX is not signed by borrower. Provided XXX year XXX signed by borrower - Due Diligence Vendor-XXX |  | Resolved-After further review, the tax cert is in the loan file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020284 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-Received Borrower XXX Executed XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. signed XXX - Seller-XXX<br> Open-Borrower 2 Executed XXX is Missing Only XXX year XXX signed. The XXX year XXX is not signed by borrower. Provided XXX year XXX signed by borrower - Due Diligence Vendor-XXX |  | Resolved-After further review, the appraiser confirms this is an XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020284 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing page XXX of Mortgage - Due Diligence Vendor-XXX |  | Resolved-After further review, the XXX is in the loan file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020284 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 with DSCR calculation. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-After further review, this is a XXX and XXX appraisals were provided as a result. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020304 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Cash out primary - Due Diligence Vendor-XXX<br> Open-Asset XXX Less Than XXX Months Verified - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020271 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX/XXX Missing | Resolved-Received additional assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached reserve funds explantion. - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing satisfactory documentation evidencing sufficient funds to meet minimum reserve requirements of no less than XXX months property expenses for DSCR qualified loan for XXX. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Business Purpose Affidavit only required on DSCR, Occupancy cert in file - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020271 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received additional assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached source of final funds in the amount of XXX. These were funds received from the refi of their primary residence - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Missing satisfactory documentation evidencing sufficient funds to meet minimum closing cost requirements and source of funds reflected on final Closing Disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received complete XXX page. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020235 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received updated commitment with sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Marked up title is attached. - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title Coverage is XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020268 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received updated commitment. Item to be omitted. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Marked up title is attached. - Buyer-XXX<br> Open-Property Title Issue Judgement in the amount of XXX reflected on title and judgement report. No documentation/payoff provided on this judgement. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020549 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Signature/Name Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Name XXX was inlcuded in the file upload. Please waive.<br> Reagrding the other XXX conditions--the XXX will reflect new loan amount. It will be available in a XXX. This shoudl not be a suspense conditions. Its a Final doc - Buyer-XXX <br> Open-Per Borrower XXX and XXX, her name is XXX. However, loan documents only reflect XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020370 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received XXX confirming XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please find attached the XXX showing the house is XXX% complete and all the bathrooms and kitchens are complete - Buyer-XXX <br> Counter-Received appraisal. Statement does not specifically indicate Unit XXX is functional and photos do not support. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. see page XXX for updates on apprsial for functional bathrooms - Buyer-XXX <br> Counter-Photos of installed Stoves provided, please have the Appraiser confirm Unit XXX bathrooms are fully functional. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached are photos of the stoves installed in each of the units. Also attached is confirmation that the refrigerators are the tenant's responsibility, we closed this as vacant so there are no lease agreements for the property - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal completed "as is;" however, the kitchens do not reflect stoves or refrigerators. Additionally, Unit XXX does not have a completed shower. Subject to additional conditions. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached disclosure tracking for XXX CD - Seller-XXX | Resolved------Received proof of borrower acknowledgement, Econsent in file. Finding Resolved. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Min XXX, actual XXX months<br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020370 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received final loan summary. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1008 - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008/approval - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Title repost attached. See Sch A and pages XXX for COT - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Min XXX, actual XXX months<br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020370 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Received CD for recent refi of primary residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. reuploading closing disclosure for XXX. - Buyer-XXX<br> Counter-PDF provided for CD is a picture of the loan suspense conditions. Please provide a copy of the CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CD for primary was uploaded on XXX- Buyer-XXX<br> Counter-Review is unable to locate CD for primary residence. Please provide-missing a current mortgage statement with XXX Funding for the borrower's primary residence to verify the mortgage payment of XXX per month. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Payment for XXX was documented with Closing disclosure. Drive report supports closng note date for that loan. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements The loan file is missing a current mortgage statement with XXX Funding for the borrower's primary residence to verify the mortgage payment of $XXX per month. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Title repost attached. See Sch A and pages XXX for COT - Seller-XXX | Resolved-Received XXX. XXX are not listed on the XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Min XXX, actual XXX months<br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX% |  | XXX.pdf<br> XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020370 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received updated XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached reflecting correct insured loan amount. - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). The final loan amount is $XXX and title shows the insured amount at $XXX (page XXX). The loan file does not contain a supplement updating the loan amount. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved------Received copy of Service Provider List. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Min XXX, actual XXX months<br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX% |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020370 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised XXX Delivery Date Test (No Waiting Period Required) Test | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX: Reasonable Income or Assets Not Considered Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX |  | Resolved-----Received Written Service Provider list. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Min XXX, actual XXX months<br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX% |  |  | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020437 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX Owner Signature Requirement Not met | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX |  | Resolved-Received settlement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV XXX%; max XXX%.<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020376 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-XXX Post Close please review. Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX payment - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020376 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX. Assets are Insufficient. Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation from Lender. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> LTV is less than guideline maximum - LTV XXX%; max XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020310 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX payment for XXX as of XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Mid FICO XXX is higher than the required XXX<br> Months Reserves exceed minimum required - XXX months reserves exceed required XXX by XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020547 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Borrowers are short assets for closing. There seems to be an account missing and not verified. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020324 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Completion Report (XXX/XXX) is Partially Provided (Primary Value) | Waived-Exception form provided. Considered non-material with comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request form. Approval was delivered with loan file - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower does not own Primary residence or have Housing expense which is required, Exception has been requested. - Due Diligence Vendor-XXX |  | Resolved-Received 1004D. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020257 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-After further review, documents provided a last recorded deed showing the XXX the property and not the borrower, final 1003 was also updated and provided- Condition resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Last Deed recorded shwoing that the XXX this property and our borrower does not ownit personally - Seller-XXX <br> Counter-Pending final XXX figures. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is not owned by our borrower directly - removed it form XXX 1003<br> XXX is a typo ont the XXX document in file. Neither XXX or title can pull up anythin on this address<br> Proof XXX not owned by our borrower - Seller-XXX<br> Counter-Pending XXX validation of XXX and verification of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated 1003 with corrected address on XXX and rebuttal - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Missing documentation that borrower owns XXX and taxes/insurance are XXX, additional conditions may apply. - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020252 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-After further review- Docs provided of the last deed recorded dpes show the XXX as the owner and not the borrower. All other documents have been reviewed and final 1003 was updated and corrected. Condition resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Last Deed recorded shwoing that the XXX owns this property and our borrower does not ownit personally - Seller-XXX<br> Counter-Received 1003 reflecting no XXX-missing <br> XXX<br> XXX<br> Mail Address:<br> XXX<br> XXX<br> Primary Owner (s):<br> XXX<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1003 showing removing XXX as not owned by our borrower and correcting typo on current address - Buyer-XXX<br> Counter-Received revised 1003 reflecting XXX only on XXX and rebuttal the properties are XXX in the same --XXX reflects XXX and XXX reflect XXX. XXX statement reflects XXX addresses. Provide XXX validation for both and corrected final 1003/1008. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. explanation on XXX address discrepancy - Seller-XXX <br> Open-Fraud Report Shows Uncleared Alerts Provide Property Report for XXX and XXX to verify borrower does not have XXX ownership. - Due Diligence Vendor-XXX |  | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or XXX Score is equal to or less than XXX. - Due Diligence Vendor-XXX<br> Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO is XXX - Min FICO XXX- we are XXX pts above<br> LTV is less than guideline maximum - Max DTI XXX% - actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020252 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received property profile. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX is a typo ont the XXX document in file. Neither XXX or title can pull up XXX on this address<br> Proof XXX not owned by our borrower<br> XXX is not owned by our borrower directly - removed it form teh 1003 - Seller-XXX<br> Counter-Received updated 1003-Provide property profile confirming borrower has not ownership in XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated 1003 with corrected address on REO and rebuttal - Seller-XXX<br> Open-Missing documentation that borrower owns XXX and taxes/insurance are XXX, additional conditions may apply. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver: we have reviewed and approved XXX internal appraisal XXX. We will permit their appraisals without requiring a formal exception request/approval for each instance. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO is XXX - Min FICO XXX- we are XXX pts above<br> LTV is less than guideline maximum - Max DTI XXX% - actual XXX% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020256 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Upon further review, XXX Payment letter is being sent to the primary residence. Loan number was disclosed and matched. - Due Diligence Vendor-XXX<br> Ready for Review-The referenced "address" does not correspond to property address. The address shown is the borrower's current/mailing address [due to it being a letter it's addressed accordingly] and reflected on page 1 of the XXX Payment Letter. However, the property address is reflected on the coupons on page XXX of the XXX Payment Letter. Please re-review - Seller-XXX<br> Open-There is an issue with XXX Payment Letter. XXX payment letter has incorrect address. - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020281 |  | XXX A |  |  |  |  |  | A |  |  |  | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal: Only Inquiries on the credit report are >XXX days old so no inquiry XXX needed. - Buyer-XXX<br> Counter-XXX report provided, however we are missing the XXX for inquiries. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. updated XXX credit report - Buyer-XXX<br> Open-XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020355 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Project Warrantable is Unable to Determine | Waived-Client waiver applied to non-material finding with compensating factors. XXX credit greater than XXX days old. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Counter-XXX Report provided is not dated within XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated XXX credit report - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received XXX, 1008 reflecting full review. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020355 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Calculation Missing | Resolved-Received confirmation borrower has no ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. No ownership for XXX ave - Seller-XXX<br> Counter-Received supporting documentation borrower does not have ownership in XXX-missing confirmation of no ownership in XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see XXX pull-not our borrower, thanks - Buyer-XXX <br> Counter-Received Fraud Report-unable to validate possible undisclosed properties noted as not owned by borrower. Please provide supporting documentation confirming no ownership in XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud report - Buyer-XXX <br> Counter-Received XXX dated XXX. Missing Third Party Fraud Report. Subject to additional conditions - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Credit report<br> - Buyer-XXX<br> Open-Missing Third Party Fraud Report. Subject to additional conditions - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020399 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | XXX and XXX Do Not Meet Guidelines | Resolved-Received Tax info and tax bill. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax cert - Buyer-XXX<br> Counter-Received tax info sheet. Taxes reflected on tax info sheet do not match 1008. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tax Info sheet - Buyer-XXX<br> Open-Missing Evidence of Property Tax for subject property - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Both properties owned Free & Clear - Seller-XXX | Resolved-Received property profiles confirming borrower owns both free and clear. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required / Audit verified over XXX months of reserves.<br> LTV is less than guideline maximum - Maximum LTV ratio is XXX% and the borrowers' LTV ratio is at XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020399 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX/XXX is Missing | Resolved-Received Title - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title report - Seller-XXX<br> Open-Title Document is missing XXX is missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required / Audit verified over XXX months of reserves.<br> LTV is less than guideline maximum - Maximum LTV ratio is XXX% and the borrowers' LTV ratio is at XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020399 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received current vesting and XXX month chain of title. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal - Buyer-XXX<br> Open-\*\*\*New\*\*\* Title reflect XXX owners. Please provide Warranty Deeds transferring ownership to borrower. - Due Diligence Vendor-XXX<br> Rescinded-Vested Owner Signature Requirement Not met. once title provided will update - Due Diligence Vendor-XXX |  | Resolved-Received updated XXX reflecting sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required / Audit verified over XXX months of reserves.<br> LTV is less than guideline maximum - Maximum LTV ratio is XXX% and the borrowers' LTV ratio is at XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020399 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Debt monitoring - Seller-XXX<br> Counter-Received report dated XXX. Date is the same as initial credit used in file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Credit report - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Waived-The guidelines (section XXX) indicate all appraisal must be ordered through an XXX (XXX. If they are not but are XXX compliant they may be reviewed on an exception basis. Waiver we have reviewed and approved XXX. We will permit their appraisals without requiring a formal exception request/approval for each instance.<br> - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required / Audit verified over XXX months of reserves.<br> LTV is less than guideline maximum - Maximum LTV ratio is XXX% and the borrowers' LTV ratio is at XXX% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020362 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | XXX and XXX Do Not Meet Guidelines | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit report - Buyer-XXX<br> Open-XXX for credit inquiries is missing. XXX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and proof of free/clear XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required / actual XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum fico score is XXX / Borrower has a XXX fico score |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020362 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX/XXX is Missing | Resolved-After further review, the XXX is in the loan file. - Due Diligence Vendor-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) signed XXX - Seller-XXX | Resolved-Received Borrower 1 Executed XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - 3 months of reserves required / actual 79.94 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Minimum fico score is 700 / Borrower has a 759 fico score |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020362 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX/XXX is Missing | Resolved-After further review, the standard expense factor was used and the file includes proof the borrower owns the business. - Due Diligence Vendor-XXX<br> Open-Borrower 1 XXX Letter Missing Provide XXX letter. subject to additional conditions - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. signed XXX - Seller-XXX | Resolved-Received Borrower 2 Executed XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - 3 months of reserves required / actual 79.94 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Minimum fico score is 700 / Borrower has a 759 fico score |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020362 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (XXX) | Resolved------Received Final CD. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX: Missing Final Closing Disclosure Missing final CD. File contains a CD dated XXX, subject closed XXX - Due Diligence Vendor-XXX |  | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months of reserves required / actual XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum fico score is XXX / Borrower has a XXX fico score |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020258 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Calculation Missing | Waived-Blanket waiver for All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. XXX and their appraisal ordering process. We will permit their appraisals without requiring a formal exception request/approval for each instance. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed "No XXX." All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached 1008 with DSCR calculation. - Seller-XXX | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020258 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-Cash out primary - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020258 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Lender Certified XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached please find the XXX results which were certified by us (XXX) on XXX. The UW also addressed that in their income write up as shown in the highlighted section. - Buyer-XXX<br> Open-UW Attestation and/or documentation clearly stating whether the property is a warrantable or XXX must be delivered with the file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached reserve funds explantion. - Seller-XXX | Resolved-Received additional assets - Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020258 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The cure in the amount of XXX is the correct amount. We disclosed the XXX fee at $XXX and it came back at $XXX, difference is $XXX. This is on all CDs and XXX this way. - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (XXX) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration date XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received additional assets. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020260 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing XXX as referenced within document as attached. - Due Diligence Vendor-XXX |  | Resolved-Received updated commitment with sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020260 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Waived-Client waiver applied to non material finding. We have reviewed and approved XXX and their appraisal ordering process. We will permit their appraisals without requiring a formal exception request/approval for each instance. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed as No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval.<br> - Due Diligence Vendor-XXX |  | Resolved-Received updated commitment. Item to be omitted. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020260 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Inquiry XXX provided. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-XXX for the inquiries on credit report provided. Please provide an XXX for the inquires on the XXX Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX for credit inquiries is missing. \*new\* Please provide an XXX for inquiries on XXX, XXX and XXX reporting on the XXX Report. - Due Diligence Vendor-XXX |  | Resolved-Received Signature/Name Affidavit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020241 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Commitment provided, however it does not reflect a XXX year XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-XXX provided. provide XXX - Due Diligence Vendor-XXX |  | Resolved-Received 1004 d confirming XXX and XXX functional. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020241 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received XXX Report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Updated XXX report needed - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> LTV is less than guideline maximum - Max XXX%, actual XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020269 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Letter of explanation from borrower stating he is not related to the seller. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. attached - Buyer-XXX<br> Open-XXX Not Allowed for Program File indicates there may be a XXX (XXX) relationship between borrower and seller. Subject is an investment property and XXX transactions are only allowed on primary residences. Letter of explanation required to verify whether there is a relationship between buyer and seller, based on the following XXX identified in the file: <br> 1. Seller is an entity and the LLC's Certificate of Authority reflects XXX of the XXX members of the LLC has the same last name as the borrower. <br> 2. Appraiser noted on appraisal addendum that the original asking price was XXX with several reductions (no sales) over a XXX-month period; borrower is purchasing the property for XXX, which is XXX over initial list price, and XXX over most recent list price of XXX in June. <br> 3. Appraiser stated on the appraisal addendum the borrower (buyer) is an agent of the realty company that had the subject listed for over a year at which the subject was consistently reduced over XXX. <br> Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received CD for recent refi of primary residence. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum fico score is XXX and the borrower has a fico score of XXX.<br> Qualifying DTI below maximum allowed - Maximum DTI ratio is XXX% and the borrower has a DTI ratio at XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020269 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-After further review, the lender guides do not require a XXX-month lookback. - Due Diligence Vendor-XXX<br> Open-Loan does not meet XXX XXX Rental guidelines in that the XXX month rental history was not provided, with appraiser confirming property had limited history in that there were only bookings for XXX to XXX (which is projected, not fully realized), further adding per borrower, it was only recently made available for XXX. Exception not found, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-11/05/2025 | Qualifying FICO score is at least XXX points above minimum for program - Minimum fico score is XXX and the borrower has a fico score of XXX.<br> Qualifying DTI below maximum allowed - Maximum DTI ratio is XXX% and the borrower has a DTI ratio at XXX%. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: Reasonable Income or Assets Not Considered | Resolved-Received letter from Title confirming XXX months XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX. - Buyer-XXX<br> Open-XXX provided. no XXX - Due Diligence Vendor-XXX |  | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Waived-Client exception granted to allow (x), Non-material waiver applied with comp factors. nonmaterial due to comp factors of:<br> Min credit score XXX, actual XXX<br> Min reserves XXX, actual XXX<br> DSCR min .XXX, actual XXX<br> Min mtg history XXX, actual XXX - Due Diligence Vendor-XXX<br> Open-Exception request XXX with online verification that XXX are allowed with permits. This property is a newly constructed in XXX, XXX located in a well-established short-term rental (XXX) market. While the guideline requires a XXX-month rental history for properties completed more than XXX days prior, we are seeking an exception due to the unique circumstances and strong compensating factors present in this case. New Construction – No Prior Tenancy: The property received its Certificate of Occupancy on XXX, and has remained vacant since completion. As such, there is no historical rental data available. XXX: The subject is located in a high-demand XXX, supported by proximity to XXX, XXX, and XXX. The XXX report projects annual XXX of XXX, with a net operating income of XXX and an average occupancy rate of XXX%. § DSCR Qualification: Using the Form 1007 rent schedule iao $XXX, the property qualifies with a DSCR of XXX, demonstrating sufficient cash flow. § XXX: The appraisal confirms a market value of XXX, with no physical or functional deficiencies. The property is rated C1 condition and XXX, indicating XXX with builder-grade finishes. Exception approval in file to use long term rental figure - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information A | Credit | Eligibility | Negative Liquid Funds Post Close | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-XXX |  | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-February statements is in the loan file. Income calc updated. - Due Diligence Vendor-XXX<br> Counter-Missing Feb business bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank statements - Buyer-XXX<br> Counter-Received duplicate documentation-complete XXX months bank statements required. Finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income and asset documentation-Full XXX months statements required for \*XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-XXX statements is in the loan file. Income calc updated. - Due Diligence Vendor-XXX<br> Counter-Received statements and e-statements - missing XXX statement. Please provide only XXX statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank statements - Seller-XXX<br> Counter-Received XXX statement only-finding remains- Income and Employment Do Not Meet Guidelines Internet print out of bank statement pages is not sufficient. Need full bank statements covering XXX months for \*XXX. File contains XXX through XXX of XXX statements only. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines Internet print out of bank statement pages is not sufficient. Need full bank statements covering XXX months for \*XXX. File contains XXX through XXX of XXX statements only. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received bank statements reflecting sufficient funds for closing and reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020259 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received source of deposits and statement reflecting sufficient reserves. - Due Diligence Vendor-XXX<br> Counter-Received XXX XXX statement - reserves remain short - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Asset documentation is required. Missing most recent bank statement for Asset listed in XXX of 1003. \*XXX supporting assets as listed. - Due Diligence Vendor-XXX |  | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Max XXX%, actual XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received statement and source of large deposits. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received most recent statement for XXX. Please provide source of large deposits on XXX for $XXX and XXX for $XXX - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX'. Assets are Insufficient. Missing most recent bank statement for Asset listed in XXX of 1003. \*XXX supporting assets as listed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception request form. Approval was delivered with loan file - Seller-XXX | Waived-Exception form provided. Considered non-material with comp factors. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX | Over $XXX in assets<br> Credit history<br> Residual income of $XXX-$XXX required<br> Long term at current residence for XXX+ yrs | XXX.xlsx<br> XXX.xlsx | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received XXX payment letter - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX payment letter. XXX payment letter is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Last Deed recorded shwoing that the trust owns this property and our borrower does not ownit personally - Seller-XXX<br> Ready for Review-Document Uploaded. Forress Way is not owned by our borrower directly - removed it form teh 1003<br> XXX is a typo ont the HOI document in file. Neither USPS or title can pull up anythin on this address<br> Proof XXX not owned by our borrower - Seller-XXX | Resolved-After further review, documents provided a last recorded deed showing the Trust owns the property and not the borrower, final 1003 was also updated and provided- Condition resolved - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Report Shows Uncleared Alerts | Resolved-Received DSCR calculation worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Last Deed recorded shwoing that the trust owns this property and our borrower does not ownit personally - Seller-XXX<br> Ready for Review-Document Uploaded. explanation on XXX address discrepancy - Seller-XXX | Resolved-After further review- Docs provided of the last deed recorded dpes show the Trust as the owner and not the borrower. All other documents have been reviewed and final 1003 was updated and corrected. Condition resolved - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of XXX, XXX, and/or XXX fees for non-subject property | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit Dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX is a typo ont the HOI document in file. Neither USPS or title can pull up anythin on this address<br> Proof XXX not owned by our borrower<br> Forress Way is not owned by our borrower directly - removed it form teh 1003 - Seller-XXX<br> Ready for Review-Document Uploaded. updated 1003 with corrected address on XXX and rebuttal - Seller-XXX | Resolved-Received property profile. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Issue with XXX Letter | Resolved-Received Disclaimer Deed. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The required spousal consent to pledge form is missing. XXX to pledge is required. - Due Diligence Vendor-XXX | Ready for Review-The referenced "address" does not correspond to property address. The address shown is the borrower's current/mailing address [due to it being a letter it's addressed accordingly] and reflected on page XXX of the First Payment Letter. However, the property address is reflected on the coupons on page XXX of the First Payment Letter. Please re-review - Seller-XXX | Resolved-Upon further review, XXX Payment letter is being sent to the primary residence. Loan number was disclosed and matched. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for XXX inquiries | Waived-Client exception granted for XXX waiver applied with compactors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received exception request-missing client exception approval email. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Exception request for XXX for this investment purchase. XXX are not eligible for investment purchases. Exception approval not in loan file - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required credit documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020309 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Borrower provided expired lease and bank statements showing > XXX month rent payments to XXX with higher rent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-VOR uploaded is incorrect VOR - NOT for Borrower nor Borrower's Primary Residence. Please upload correct VOR for Borrower's Primary Residence. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received payment history and confirmation of borrowers account-missing VOR or current lease to confirm terms met. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-Received pay history. No documents provided to confirm this is for primary, name noted is owner of primary etc. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Per Final 1003 borrower has been renting for XXX years; VOR or rental history is absent the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor waiver - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. XXX credit greater than XXX days old. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - fico score is XXX, minimum is XXX | Over $XXX in assets<br> Credit history<br> Residual income of $XXX-$XXX required<br> Long term at current residence for XXX+ yrs | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020546 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is Missing. Purchase agreement is absent from the loan file. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Report not Provided | Resolved-Upon further review, XXX not required. - Due Diligence Vendor-XXX<br> Ready for Review-Please note that the only inquires where by us. XXX should not be needed. - Seller-XXX<br> Open-XXX for credit inquiries is missing. No XXX for inquiries in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. No ownership for Kentucky ave - Seller-XXX | Resolved-Received confirmation borrower has no ownership. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of XXX Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). A more recent credit update wasn't found in the loan file - Due Diligence Vendor-XXX |  | Resolved-Received Tax info and tax bill. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Document Missing | Resolved-Received final CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD Uploaded - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX. <br> The CD in the file dated XXX does not appear to be the final CD. This CD indicates that there is a XXX on the file and it shows that there are XXX. The file does not have a XXX since there are no XXX and the XXX payment letter indicates no XXX. Also the borrower signed an XXX Waiver and the XXX indicates no XXX but this CD contradicts. Please provide the correct Final CD.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Title report - Seller-XXX | Resolved-Received Title - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX Owner Signature Requirement Not met | Resolved-Received business bank statement worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received current vesting and XXX month chain of title. - Due Diligence Vendor-XXX<br> Rescinded-XXX Owner Signature Requirement Not met. once title provided will update - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Resolved-Document Uploaded. Proof provided that this loan was satisfied in XXX. - Due Diligence Vendor-XXX<br> Open-Loan file is missing evidence of XXX taxes and insurance, and/or HOA fees for property XXX on the loan application. Although the separation agreement in file (p.XXX, section XXX) indicated that a buyout from the borrower's XXX was possible no later than XXX, the fraud report reflects the property is still co-owned by the borrower and XXX. Lender to provide documentation to reflect the borrower is no longer owner of the property, or provide documentation for XXX taxes, XXX, any applicable XXX dues, and a property report to verify there are no open liens on the property. Any monthly obligations associated with property XXX are required to be added to the DTI calculation. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Debt monitoring - Seller-XXX<br> Ready for Review-Document Uploaded. Gap Credit report - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW cert to address both conditions - Buyer-XXX<br> Open-Borrower 1 XXX Letter Missing Need XXX letter (signed/dated) on letterhead with license number to attest XXX has audited the business financial statements OR reviewed working papers for business per guides. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Party XXX Prior to Close Missing | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW cert to address both conditions - Buyer-XXX<br> Open-Borrower 1 XXX Transcripts Missing Missing XXX transcripts for XXX since borrower is self-employed. - Due Diligence Vendor-XXX |  | Resolved-After further review, the XXX is in the loan file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-Received revised appraisal with added commentary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received scenario email - finding remains. Appraisal and XXX reflect different final acreage-comparable grid is inaccurate as final acreage differs-material. Subject is XXX /mixed use with Legal designation which conflicts with highest and best use by appraiser-material defect. Acreage, significant outbuildings and barn further support rural rather than suburban designation-Appraiser did not provide support of suburban designation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Property Issues are identified for the property Appraiser indicates property is XXX, XXX appears rural. 1004D indicates subject has XXX acres. Mixed use, commercial zoned, property appears ineligible. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-After further review, the standard expense factor was used and the file includes proof the borrower owns the business. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | XXX: Missing Closing Disclosure | Resolved-Upon further review, the loan file contained all required appraiser commentary regarding adjustments within appraisal report. . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-All comparables are over XXX% gross adjustments. - Due Diligence Vendor-XXX |  | Resolved------Received Final CD. Finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX<br> Open-XXX for credit inquiries is missing. Missing from loan file - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX can be accepted with prior investor approval. XXX and their appraisal ordering process. We will permit their appraisals without requiring a formal exception request/approval for each instance. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020240 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Resolved-Received Legal. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. DOT w/ legal - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, XXX months verified<br> Qualifying FICO score is at least XXX points above minimum for program - fico is XXX, minimum fico XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020322 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Resolved-Received Lender Certified XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI is XXX%, program allows to XXX% .<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020322 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX<br> Open-Received Credit report, Lox, and Financial Statements. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1) For this finding Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing support for exclusion of XXX of credit reflected on the credit report - Due Diligence Vendor-<br> this is not tied to Realestate but securitied backed<br> 2) No credit inquires in the last XXX days - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI issue & XXX for credit inquiries outstanding - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Audit DTI is XXX%, program allows to XXX% .<br> Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required. |  | XXX.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020246 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (XXX) | Resolved-Received Credit report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. No credit inquires in the last XXX days - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing support for exclusion of XXX of credit reflected on the credit report - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020246 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received Credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. For this finding Audited DTI of XXX% exceeds Guideline DTI of XXX% Missing support for exclusion of XXX of credit reflected on the credit report - Due Diligence Vendor-<br> this is not tied to XXX but securitied backed - Buyer-XXX <br> Open-XXX for credit inquiries is missing. Missing inquiry XXX on XXX - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non material finding. We have reviewed and approved XXX and their appraisal ordering process. We will permit their appraisals without requiring a formal exception request/approval for each instance. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020279 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-After further review, the borrowers signed the Note as XXX and as members. Guaranty agreement is not required. - Due Diligence Vendor-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. The Guaranty Agreement is missing from the loan file. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020199 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title Commitment - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). The title does not reflect the correct loan amount. The loan amount was changed prior to closing and there are several requests throughout the file (page XXX) for an update, but it was not obtained. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Inquiry XXX provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max DTI XXX, qualifying XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, qualifying XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020199 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Appraisal is Missing Missing primary valuation report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX- Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max DTI XXX, qualifying XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, qualifying XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020199 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received most recent quarterly statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Current Empower statement through XXX - Buyer-XXX<br> Open-Asset XXX Expired The guidelines state, for DSCR loans, assets must be documented with the most<br> recent XXX day statement. The statements for XXX, Reliance, and XXX are dated more than XXX days prior to the Note date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Max DTI XXX, qualifying XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, qualifying XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020215 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. appraisal that includes the Rent Schedule - Buyer-XXX<br> Open-Missing Third Party Market Rent Source Missing Market Rent Analysis for subject. - Due Diligence Vendor-XXX |  | Resolved-Letter of explanation from borrower stating he is not related to the seller. - Due Diligence Vendor-XXX | DSCR % greater thanXXX - DSCR: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020237 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX loan does not meet program guidelines | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property No XXX is listed on the appraisal report. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  | Resolved-After further review, the lender guides do not require a XXX-month lookback. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020542 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) Debt monitoring look date XXX<br> 2) Debt monitoring look date XXX<br> 3) Debt monitoring look date XXX with all of these sent ther should not be any missing coverage, please advise - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received letter from Title confirming XXX months chain of title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, Qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020542 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Short Term XXX does not meet guidelines | Resolved-Received Guaranty agreement. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. The Guaranty Agreement is missing from the loan file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow (XXX), Non-material waiver applied with comp factors. nonmaterial due to comp factors of:<br> Min credit score XXX, actual XXX<br> Min reserves XXX, actual XXX<br> DSCR min .XXX, actual XXX<br> Min mtg history XXX, actual XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, Qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months | Experienced investor<br> XXX% LTV<br> XXX months reserves<br> XXX mtg history<br> XXX year PPP<br> DSCR using projected STR income is v |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020220 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-The credit report includes a XXX month history for the XXX. Original lender XXX, transferred to XXX. - Due Diligence Vendor-XXX<br> Counter-Received property profile-missing XXX XXX month rating for primary residence. Review file only contains credit refresh and XXX is only removing for XXX months opened XXX-finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. attached property report shows XXX months ownership of the property. The borrower took a XXX out but they have already owned the primary property in his personal name - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX opened XXX, history only reflects XXX months reviewed. Missing XXX months history - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020305 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Received Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received duplicate Credit Refresh-please provide complete credit report-finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit report all pages was proivded wiht thr file upload. All should be waived as was alreday inlcuded in the initial file upload. - Seller-XXX<br> Open-Borrower 1 Credit Report is Partially Present. Need full/complete Credit Report dated XXX showing FICO score (as they are missing) - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV: XXX% Max XXX%<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX<br> DSCR % greater than XXX - DSCR: XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020184 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received revised 1008 reflecting DSCR calculation. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. the dscr is XXX >XXX per guidelines bases on a purchase 1007 XXX listed on the 1008. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing from loan file. 1008 reflects .XXX which is incorrect - Due Diligence Vendor-XXX |  | Resolved-XXX statements is in the loan file. Income calc updated. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | XXX and XXX Do Not Meet Guidelines | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX<br> Open-The Borrower 2 Bank Statement Summary/Lender Worksheet is Missing Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Bank statements - Seller-XXX | Resolved-XXX statements is in the loan file. Income calc updated. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received source of deposits and statement reflecting sufficient reserves. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received year end pay statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded supporting documents - Buyer-XXX<br> Open-Missing documentation of XXX bonus for B2. Per the 1008 a XXX average was used. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received statement and source of large deposits. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Long term residence - XXX years at current residence |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-XXX |  | Resolved-Received XXX payment letter - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Long term residence - XXX years at current residence |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020218 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received fraud report reflecting all Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-XXX<br> Open-All Interested Parties Not Checked with Exclusionary Lists Provide documentation to confirm all parties to the transaction such as borrowers, sellers, realtors, realtor<br> brokerages, closing attorney/title agent, title company, lender/originator, loan officer, appraiser and appraisal<br> company were successfully checked and not included on these lists - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation worksheet. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Min .XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020331 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX XXX is Expired (Greater than XXX Days from XXX/XXX Date) | Resolved-Received fraud report reflecting XXX Check Completed and Cleared - Due Diligence Vendor-XXX<br> Open-XXX Check Not Completed and/or Cleared Provide documentation to confirm all parties to the transaction such as borrowers, sellers, realtors, realtor<br> brokerages, closing attorney/title agent, title company, lender/originator, loan officer, appraiser and appraisal<br> company were successfully checked and not included on these lists - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX. |  | XXX .pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020320 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Required XXX Consent to XXX is missing | Resolved-Received fraud report. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Third Party Fraud Report All loans must be submitted to an automated fraud and data check tool (i.e. Fraud Guard, DataVerify, etc.). - Due Diligence Vendor-XXX |  | Resolved-Received Disclaimer Deed. - Due Diligence Vendor-XXX | Residual Income =/> XXX times $XXX monthly residual income - Residual Income is > $XXX monthly<br> Qualifying DTI below maximum allowed - XXX% DTI, program allows DTI to XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020320 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-Paystubs provided, however they are not dated with in XXX days of the application date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Pending receipt of paystub. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. requested paystubs - will upload as soon as i receive them. thank you. - Buyer-XXX <br> Counter-Received XXX-must meet guideline XXX. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B1 XXX - Buyer-XXX<br> Open-Borrower 1 XXX Missing Missing current paystub dated within XXX days of application date with XXX income - Due Diligence Vendor-XXX |  | Waived-Client exception granted for XXX waiver applied with compactors - Due Diligence Vendor-XXX | Residual Income =/> XXX times $XXX monthly residual income - Residual Income is > $XXX monthly<br> Qualifying DTI below maximum allowed - XXX% DTI, program allows DTI to XXX%<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | Credit score XXX<br> DTI XXX<br> Employment stability XXX years XXX months<br> Reserves XXX months<br> Residual income $XXX above max<br> Credit history XXX<br> LTV XXX% below max<br> Credit profile low usage last late XXX | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020292 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXX years XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Pending receipt XXX Most recent XXX years required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. requested paystubs - will upload as soon as i receive them. thank you. - Seller-XXX<br> Counter-Received XXX-must meet guideline XXX. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B1 XXX - Seller-XXX<br> Open-Borrower 1 XXX Missing Most recent XXX years required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower provided expired lease and bank statements showing > XXX month rent payments to landlord with higher rent. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020292 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received Borrower 1 XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit report for borrower 1 & 2. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Report is missing from the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Purchase Contract. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020243 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received Borrower 2 XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit report for borrower 1 & 2. - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Please note that the only inquires where by us. LOX should not be needed. - Seller-XXX | Resolved-Upon further review, XXX not required. - Due Diligence Vendor-XXX | CLTV is less than guidelines maximum - Max CLTV allowed = XXX. The subject loan has a CLTV of XXX%<br>Qualifying FICO score is at least XXX points above minimum for program - Minimum score allowed = XXX. Borrower's qualifying score = XXX<br> Months Reserves exceed minimum required - Minimum reserves required = XXX months PITI(a) for the subject property. The borrower has XXX months PITI(a) |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020243 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Subject Property is part of an HOA but the XXX Document is Missing. The loan file is missing the XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | CLTV is less than guidelines maximum - Max CLTV allowed = XXX. The subject loan has a CLTV of XXX%<br>Qualifying FICO score is at least XXX points above minimum for program - Minimum score allowed = XXX. Borrower's qualifying score = XXX<br> Months Reserves exceed minimum required - Minimum reserves required = XXX months PITI(a) for the subject property. The borrower has XXX months PITI(a) |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020197 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Borrower 1 Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received credit dated XXX. Finding is requesting credit dated XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing copy of the Origination Credit Report dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received final CD - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020197 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Borrower 2 Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached. XXX of the borrowers had a XXX tradeline, which is why the new reports were ordered on XXX - Seller-XXX<br> Counter-Received credit dated XXX. Finding is requesting credit dated XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Borrower 2 Credit Report is Missing. Missing copy of the Origination Credit Report dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX worksheet. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of XXX, XXX, and/or XXX fees for non-subject property | Resolved-Received Articles of Organization. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Proof of XXX% Ownership to use Business Assets - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements. Assets in business name and business documents not provided. Proof borrower is XXX% owner of XXX on bank statement. Subject to additional conditions - Due Diligence Vendor-XXX |  | Resolved-Document Uploaded. Proof provided that this loan was satisfied in XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX, Min FICO = XXX<br> Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX% |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020223 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020204 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Letter Missing | Resolved-Received XXX from XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. XXX document missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos needed - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - FICO min XXX - we have XXX - XXX pts above |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020204 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Transcripts Missing | Resolved-Received flood cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required income documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX mos needed - we have XXX mos remaining<br> Qualifying FICO score is at least XXX points above minimum for program - FICO min XXX - we have XXX - XXX pts above |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. The DSCR Calculation from lender is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received revised appraisal with added XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Unsupported adjustments or comps | Waived-Client waiver applied to non-material finding with compensating factors- to allow for borrower living rent free not with a spouse for XXX years, borrower is an experienced investor with XXX other rental properties. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Exception request for Living rent free with somebody other than spouse for XXX years. Borrower is an experience investor with XXX other rentals. Mortgage history is perfect and good DSCR on this property of XXX. Email approval in loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Upon further review, the loan file contained all required appraiser commentary regarding adjustments within appraisal report. . - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Entity documents were provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity docs uploaded - Seller-XXX<br> Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. The Business Entity Formation Document and all required LLC documents are missing from the loan file. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (XXX) | Resolved-Received XXX Guaranty Agreement - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX guaranty signed as an XXX - Seller-XXX <br> Counter-Received duplicate guaranty-provide guaranty fully executed as XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Guaranty agreement uploaded - Seller-XXX<br> Counter-The XXX guarantee was incomplete and not signed as an XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. The agreement is signed as a member of the LLC and not signed XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DOT w/ legal - Seller-XXX | Resolved-Received Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020233 |  | XXX B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Client provided a waiver for property less than XXX , applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception and approval for property less than XXX uploaded - Seller-XXX<br> Open-Property Issues are identified for the property Subject is less than XXX. XXX in file indicated an exception is required; however, no exception in loan file. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - >XXX available vs. XXX required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2026020541 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received XXX approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX approval uploaded - Buyer-XXX <br> Open-Subject Property is part of an XXX but the XXX Document is Missing. Missing from loan file. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Resolved-The Final Reviewed XXX is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income - Qualifying residual $XXX; minimum required NONE<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX+ Years – Minimum = XXX Years |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020541 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited XXX Exceeds Guideline XXX | Waived-Client exception granted to allow a loan amount of XXX when the minimum was XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Minimum loan amount is XXX; however, the subject loan is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income - Qualifying residual $XXX; minimum required NONE<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX+ Years – Minimum = XXX Years |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020541 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Waived-Client exception granted to allow XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX <br> Open-XXX Owner Signature Requirement Not met. XXX is not allowed. - Due Diligence Vendor-XXX |  | Resolved-Received Credit report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income - Qualifying residual $XXX; minimum required NONE<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX+ Years – Minimum = XXX Years |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020208 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Agreement Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing Borrower's loan application states citizenship status as XXX; however, loan file does not include supporting valid identification (clear copy of front & back of card) confirming eligibility status. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-After further review, the borrowers signed the Note as XXX and as members. Guaranty agreement is not required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower hasXXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020208 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Waived-Client provided a waiver for layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception - Buyer-XXX <br> Counter-Received confirmation vested entity is layered-finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open- Loan does not meet guidelines in that the business reflected on the Note and Security Instrument/Mortgage XXX is a XXX. Corporate documents reflect that borrower has XXX% interest per an amendment dated XXX and XXX has XXX% interest. Exception not found, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower hasXXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020285 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX is Missing | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX<br> Counter-Received confirmation borrower has no ownership in XXX--missing complete fraud report reflecting all parties included in search. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Re: fraud report condition - Seller-XXX<br> Counter-Received Fraud Report--missing all XXX included in search. Missing confirmation borrower has no ownership in XXX noted on page XXX of Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received Fraud report. Fraud report not for subject transaction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Missing Third Party Fraud Report. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Rule False Guideline maximum LTV is XXX%. Subject loan closed with a XXX% LTV.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require a minimum FICO score of XXX. Borrower's qualifying FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020285 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Expired | Cured------Received XXX XXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----XXX (XXX%) tolerance fees increased by XXX (Flood Cert) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX Year(s); Expiration Date:XXX. - Due Diligence Vendor-XXX |  | Resolved-Received most recent quarterly statement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Rule False Guideline maximum LTV is XXX%. Subject loan closed with a XXX% LTV.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require a minimum FICO score of XXX. Borrower's qualifying FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020285 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Eligibility | Missing Third Party Market Rent Source | Cured------Received XXX XXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% (XXX) exceed the comparable charges (XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). XXX (XXX%) tolerance fees (Title fees and Recording fees) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date XXX. - Due Diligence Vendor-XXX |  | Resolved-Received appraisal and 1007 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Rule False Guideline maximum LTV is XXX%. Subject loan closed with a XXX% LTV.<br> Qualifying FICO score is at least XXX points above minimum for program - Guidelines require a minimum FICO score of XXX. Borrower's qualifying FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020207 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Counter-Received Credit report for XXX. Not borrower in subject transaction. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX+ Years – Minimum = XXX Years<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020247 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 uploaded - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020216 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received Bank Statement worksheet. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Bank statement worksheet and XXX for declining income uploaded - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Lender's Bank Statement Income worksheet is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Guaranty agreement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower hasXXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020548 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. legal description is missing. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020195 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the guides allow for a borrower who does not own a primary to purchase an XXX. - Due Diligence Vendor-XXX<br> Open-The file contains a XXX Approved/Eligible. The borrower is a XXX. The XXX cert does not mention housing history. The subject is a purchase of an XXX. Guides indicate An XXX who: is purchasing the security property, will reside (owner-occupied) in the security property as a principal residence or XXX; and had no ownership interest (XXX or XXX) in a residential property during the XXX-year period preceding the date of the purchase of the security property.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. attached property report shows XXX+ months ownership of the property. The borrower took a XXX out but they have already owned the primary property in his personal name - Seller-XXX | Resolved-The credit report includes a XXX month history for the XXX. Original lender XXX, transferred to Cenlar. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - MIn XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020195 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower XXX Credit Report is Incomplete | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. credit report all pages was proivded wiht thr file upload. All should be waived as was alreday inlcuded in the initial file upload. - Seller-XXX | Resolved-Received Credit Report. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - MIn XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020195 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Calculation Missing | Waived- Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Lender exception to allow loan amount below the XXX minimum. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. the dscr is XXX >XXX per guidelines bases on a purchase 1007 $XXX listed on the 1008. - Seller-XXX | Resolved-Received revised 1008 reflecting DSCR calculation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - MIn XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Resolved-Business purpose affidavit provided. - Due Diligence Vendor-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX <br> Open-Income and Employment Do Not Meet Guidelines EXCEPTION in file: Borrower has XXX NSF's in last XXX months - Due Diligence Vendor-XXX |  | Resolved-After further review, this is a full doc loan. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | XXX documentation does not meet guidelines | Resolved-Complete housing histories provided for both liens. - Due Diligence Vendor-XXX<br> Counter-Pending review of XXX month history. Received only XXX month history on loan XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX <br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. A XXX month housing history is missing for both mortgages securing the subject property. - Due Diligence Vendor-XXX |  | Resolved-Received year end pay statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (XXX) | Resolved-The loan history for the XXX was open XXX per the history provided. - Due Diligence Vendor-XXX<br> Counter-XXX provided. Please provide XXX months forXXX - Due Diligence Vendor-XXX<br> Counter-Received Mortgage pay hystory. Received only XXX month history in loan XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements The Final settlement statement (page XXX) reflects XXX mortgages with Diversified Loan Services being paid off, however, a XXX month housing history is missing for both mortgages. Additional conditions may apply, pending review. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Cured------Received XXX XXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. check, XXX, XXX and Fed ex label for proof of shipment to borrower - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% (XXX) exceed the comparable charges (XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- XXX (XXX%) tolerance fees (Recording Fee) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX years, expiration date XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received fraud report reflecting XXX Checked against Exclusionary Lists - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-Received Desk Review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CDA - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. The loan file contains a XXX (page XXX) which reflects a score of XXX and a XXX (page XXX) which reflects a score of XXX. The loan file does not contain a Desk Review. The settlement statement (page XXX) shows a closing charge with XXX and the file contains an order confirmation (page XXX), however, the appraisal review is missing from the file. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report reflecting XXX Check Completed and Cleared - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party XXX Report not Provided | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-The Business Purpose Affidavit Disclosure is Missing Missing from loan file. Loan is a DSCR - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months verified, XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020248 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded supporting documents - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal - Due Diligence Vendor-XXX |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020164 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Report is Missing | Waived-Client exception granted, waiver applied with comp factors. deemed non material due to XXX months paid as agreed on subject property rate/term refi with rent free letter in file.<br> - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Lender Exception in file for allowance of borrower not having housing history and living rent free with spouse at primary residence. Email approval in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Borrower 1 Credit Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020164 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Report is Missing | Resolved-Received confirmation XXX and XXX is the same person, license is not expired. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal completed and signed off by XXX; review of XXX shows XXX as Inactive since XXX in the state of XXX. Although there is another XXX (XXX) by the same last name with a Certification Number that is on the appraisal, it is undetermined if this same XXX. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached. One of the borrowers had a XXX tradeline, which is why the new reports were ordered on XXX - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Borrower 2 Credit Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX% Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020192 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received seller signed Purchase Contract. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Contract of sale is missing the seller signature. - Due Diligence Vendor-XXX |  | Resolved-Received Articles of Organization. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Rule False Max XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020192 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received Ex A; Legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Ex A; Legal - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Rule False Max XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020222 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received The Borrower 2 Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-The Borrower 2 Bank Statement Summary/Lender Worksheet is Missing Missing required Bank Statement Summary/Lender Worksheet for B2 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX from XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020222 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX XXX Missing | Resolved-Received The Borrower 1 Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing required Bank Statement Summary/Lender Worksheet for B1 - Due Diligence Vendor-XXX |  | Resolved-Received flood cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020222 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Calculation Missing | Resolved-Received Borrower 1 XXX Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020222 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Borrower 2 XXX Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors- to allow for borrower living rent free not with a spouse for XXX years, borrower is an experienced investor with XXX other rental properties. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | Credit score XXX points above min<br> DSCR .XXX above min<br> Reserves XXX months above min<br> Credit history XXX for at least XXX months<br> Credit profile low usage/lower pymts |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020213 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Upon further review, Hazard Insurance Effective Date of XXX is prior to or equal to the Note Date of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Insurance was not in effect prior to loan funding on XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Entity docs uploaded - Seller-XXX | Resolved-Entity documents were provided. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020213 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX XXX Missing | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Personal guaranty signed as an individual - Seller-XXX<br> Ready for Review-Document Uploaded. Guaranty agreement uploaded - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX Guaranty Agreement - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020213 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received income worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing S/E income and XXX calculation not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception and approval for property less than XXX sq FT uploaded - Seller-XXX | Waived-Client provided a waiver for property less than XXX , applied to non material finding with comp factors - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | Exception LLPA hit of XXX<br> Program Min FICO: XXX FICO: XXX<br> Program Min DSCR: XXX DSCR: XXX<br> Program Max LTV: XXX LTV: XXX Own Reserves: XXX<br> Program Min Reserves: XXX C/O Reserves: XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020213 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-XXX indicates the subject is complete with the exception of the XXX; however, the picture of the back door indicates no stairs to the patio. The door is secured by a XXX railing for safety. Finding remains, appraisal received shows no change. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Property Issues are identified for the property XXX indicates the subject is complete with the exception of the final sod; however, the picture of the back door indicates no stairs to the patio. The door is secured by a wood railing for safety. - Due Diligence Vendor-XXX |  | Resolved-Received XXX approval. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020353 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Resolved-Received XXX statement from exchanged property reflecting assets to title for transaction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Purchase contract and Exchange Documents. Exchange documents provided does not confirm the amount. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-1031 Exchange assets were uses towards closing costs; however, the file does not contain documentation to support funds used. Provide 1031 exchange documentation. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow a loan amount of XXX when the minimum was XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | XXX FICO with XXX FICO min<br> XXX DSCR<br> XXX months reserves min and cash-out reserves of XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020353 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Title | XXX XXX Signature Requirement Not met | Resolved-Received updated Title with coverage amount of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan mount is XXX and title commitment reflects XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow layered/nested XXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | XXX FICO with XXX FICO min<br> XXX DSCR<br> XXX months reserves min and cash-out reserves of XXX months |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020161 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX. - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by XXX (discount, appraisal, appraisal review, transfer tax) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020161 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX loan does not meet program guidelines | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX. - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (discount, appraisal, appraisal review, transfer tax) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration XXX.<br> - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for layered entity, applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | FICO XXX<br> Reserves (months): XXX<br> DSCR: XXX<br> Credit Profile No Credit Event | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Report not Provided | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX. - Seller-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----XXX (10%) tolerance fees (deed prep) increased by $XXX without a valid COC in file. Lender credit on final CD $XXX for closing costs above legal limit. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Re: fraud report condition - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received Lease agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. unit XXX - Buyer-XXX<br> Open-Missing Lease #XXX evidencing rent of $XXX monthly. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Cured------Received PCCD XXX with copy of letter, check and XXX. Finding is Cured. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Waived-Client exception granted and in file, waiver applied. Client provided blanket waiver to accept non-XXX appraisals without requiring a formal exception request/approval for each instance - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor approved blanket waiver - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal completed as No XXX. Appraisals must be ordered using one of XXX processes. The appraisal must either be ordered through an XXX(XXX) that complies with XXX (XXX), or via the correspondent's own XXX-compliant process. The file does not contain an approval. Additionally, no blanket waiver for XXXs from XXX - Due Diligence Vendor-XXX |  | Cured------Received PCCD XXX with copy of letter, check and XXX. Finding is Cured. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Credit Report is Missing | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received updated UDN for B1. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated UDN Attached B1 & B2 attached - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020203 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received updated UDN for B2. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated UDN Attached B1 & B2 attached - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit dated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Bank statement worksheet and LOE for declining income uploaded - Seller-XXX | Resolved-Received Bank Statement worksheet. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020231 | XXX | A |  |  |  |  |  | A |  |  |  | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are AIR compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020187 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower XXX Executed XXX is Missing XXXis required for each borrower whose income is used to qualify - Due Diligence Vendor-XXX |  | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020171 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Missing updated credit or evidence of credit monitoring within XXX days of the note date covering both applicants - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Exhibit A Legal description was provided with the DOT - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Exhibit A Legal Description. - Due Diligence Vendor-XXX |  | Resolved-After further review, the guides allow for a borrower who does not own a primary to purchase an XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing Secondary appraisal valuation from approved vendor with acceptable scores, i.e. Clear Capital, Stewart Valuations, etc. Note: XXX and XXX are unable to score multi-unit properties. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Verified employment history exceeds guidelines - Min XXX years, actual XXX years |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020194 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received verification of premium - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see paid receipt showing breakdown. This should be sufficent - Seller-XXX<br> Open-XXX (Or XXX if Subject Property is a Condo) is only Partially Provided Missing annual premium amount. For audit purposes, the monthly amount reflected on the final loan application, subject to change contingent on review of actual statement. Other findings may apply. - Due Diligence Vendor-XXX |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020146 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation/ratio. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020358 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are AIR compliant can be accepted with prior investor approval - Due Diligence Vendor-XXX |  | Waived- Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX and minimum is XXX Rule False<br> Months Reserves exceed minimum required - Borrower has XXX months reserves, minimum required is XXX | Reserves: XXX months<br> DSCR XXX above minimum |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020159 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit refresh - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Gap Credit is dated XXX. Closing is XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020533 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved------Received executed ROR. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. right to cancel - Buyer-XXX<br> Open-Right of Rescission is Missing -----Provide the executed Right of Recission for both borrowers.<br> - Due Diligence Vendor-XXX |  | Resolved-Business purpose affidavit provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020533 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | XXX and XXX Do Not Meet Guidelines | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Subject is not a DSCR-please provide LOE for credit inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We do not need an LOX for DSCR loans, see guidelines - Buyer-XXX<br> Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | XXX FICO; XXX required<br> XXX% DTI; XXX% max allowed<br> XXX mos reserves<br> Reducing rate |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020153 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received CD for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing verification of mortgage/taxes/insurance on property XXX. Provide proof of total housing payment. Subject to additional conditions. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-CompleteXXX provided for XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020153 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received corrected appraisal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Property Issues are identified for the property Missing complete housing trend information on appraisal report, unable to determine if trend is increasing, stable or declining. - Due Diligence Vendor-XXX |  | Resolved-The loan history for the XXX was open XXX per the history provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020153 | XXX | C B A | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-1008 provided, however we are missing the DSCR Calculation Worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation/ratio. - Due Diligence Vendor-XXX |  | Cured------Received PCCD XXX with copy of letter, check and XXX. Finding is Cured. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020153 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-XXX |  | Resolved-Received Desk Review. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Min required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Max is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020249 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Upon further review, the inquiry resulted in debt and was included in the DTI. - Due Diligence Vendor-XXX<br> Ready for Review-Account was opened and already reporting. LOX should not be required (top of page XXX of credit report) - Buyer-XXX<br> Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing, please provide, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020249 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Summary/Lender Worksheet is Missing | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received bank statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020249 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Buyer-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020535 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Buyer-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020152 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020543 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- missing legal description - Due Diligence Vendor-XXX |  | Resolved-Received confirmation from title legal attached and recorded. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> 300007563_Rojas Attestation.pdf<br> 300007563_Rojas Title Email Chain.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020536 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Upon further review, the DSCR Calculation was located within the loan file. - Due Diligence Vendor-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received Legal description. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit Trades paid as agreed XXX+ months with required XXX months.<br>Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020536 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Cash-out letter not required per guidelines. - Due Diligence Vendor-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Waived-Client exception granted, waiver applied with comp factors. deemed non material due to XXX months paid as agreed on subject property rate/term refi with rent free letter in file.<br> - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit Trades paid as agreed XXX+ months with required XXX months.<br>Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | Program Min FICO: XXX; Qualifying FICO: XXX<br> Program Min DSCR: XXX; Qualifying DSCR: XXX<br> Program Min Reserves: XXX; Qualifying Reserves:XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020156 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (XXX) | Resolved-Received 1008 with UW attestation for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Buyer-XXX<br> Open-Missing Warrantability Documentation. Lender's attestation for XXX project warrantability is required. - Due Diligence Vendor-XXX |  | Resolved-Received confirmation XXX and XXX is the same person, license is not expired. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020234 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Issue | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Received 1008 with DSCR calculaion - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and Condo warranty. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation.<br> - Due Diligence Vendor-XXX |  | Resolved-Received seller signed Purchase Contract. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020234 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Rule False - Due Diligence Vendor-XXX<br> Ready for Review-1008 with UW attestation for Condo warrantability - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing Underwriting Transmittal Summary form 1008 and/or lender approval which details terms under which borrower was qualified and approved. - Due Diligence Vendor-XXX |  | Resolved-Received XXX; Legal - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020205 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Credit Refresh - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing credit refresh/gap report within a XXX-day window. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020186 | XXX | A |  |  |  |  |  | A |  |  |  | Resolved-Received Borrower 1 XXX Credit Report within 10 days of Note - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UDN to fill in Credit XXX attached - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). UDN Report dated XXX. - Due Diligence Vendor-XXX |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020147 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Summary/Lender Worksheet is Missing | Resolved-Received The Borrower XXX Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-The Borrower XXX Bank Statement Summary/Lender Worksheet is Missing Missing required Bank Statement Summary/Lender Worksheet for B2 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received The Borrower XXX Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX XXX Summary/Lender Worksheet is Missing | Resolved-Received The Borrower 1 Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing required Bank Statement Summary/Lender Worksheet for B1 - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received The Borrower XXX Bank Statement Summary/Lender Worksheet. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX Gap Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received Borrower 1 XXX Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 XXX Credit Report. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX Gap Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received Borrower 2 XXX Credit Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 2 XXX Credit Report. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the XXX Date | Resolved-Upon further review, Hazard Insurance Effective Date of XXX is prior to or equal to the Note Date of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Hazard Insurance Effective Date of XXXis after the Note Date of XXX Insurance was not in effect prior to loan funding on XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, XXX Effective Date of XXX is prior to or equal to the Note Date of XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020198 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - DTI Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - FICO Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020177 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX. - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (discount, appraisal, appraisal review, transfer tax) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration XXX.<br> - Due Diligence Vendor-XXX |  | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is 50 Borrower has 16.23<br> LTV is less than guideline maximum - Required is 80 Borrower has 70 Required is 80 Borrower has 70<br> Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 811 Required is 660 Borrower has 811 |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020177 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX. - Seller-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----XXX (XXX%) tolerance fees (deed prep) increased by $XXX without a valid XXX in file. Lender credit on final CD $XXX for closing costs above legal limit. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached XXX. - Seller-XXX | Resolved------Received XXX XXX and XXX, finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is 660 Borrower hasXXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020155 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020139 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted and in file, waiver applied. Client provided blanket waiver to accept non-XXX appraisals without requiring a formal exception request/approval for each instance - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor approved blanket waiver - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal completed as No XXX. Appraisals must be ordered using one of XXX processes. The appraisal must either be ordered through an XXX (XXX) that complies with XXX (XXX), or via the correspondent's own XXX-compliant process. The file does not contain an approval. Additionally, no blanket waiver for XXX from XXX - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied. Client provided blanket waiver to accept XXX appraisals without requiring a formal exception request/approval for each instance - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020229 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required XXX | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material finding. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material finding. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020142 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX Gap Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received updated UDN for B1. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated XXX Attached B1 & B2 attached - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received updated XXX for B1. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020142 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX Gap Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received updated UDN for B2. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated UDN Attached B1 & B2 attached - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received updated XXX for B2. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the XXX No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020190 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX Executed XXX/XXX is Missing | Resolved-Received XXX- Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 Executed XXX is Missing XXXis required for each borrower whose income is used to qualify - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Long term residence - XXX years at current residence<br> Verified employment history exceeds guidelines - XXX years on job |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020190 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower XXX Gap Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Missing updated credit or evidence of credit monitoring within XXX days of the note date covering both applicants - Due Diligence Vendor-XXX |  | Resolved-Received XXX report. - Due Diligence Vendor-XXX | Long term residence - XXX years at current residence<br> Verified employment history exceeds guidelines - XXX years on job |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020178 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited XXX Exceeds AUS XXX | Resolved-An updated XXX is not required unless is exceeds XXX%. - Due Diligence Vendor-XXX<br> Open-Audited DTI of XXX% exceeds AUS DTI of XXX% - Due Diligence Vendor-XXX |  | Resolved-An updated XXX is not required unless is exceeds XXX%. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - On Time Mortgage History = XXX Months Required = XXX months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020166 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the XXX (XXX) | Resolved-Exhibit A Legal description was provided with the DOT - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Exhibit A Legal Description. - Due Diligence Vendor-XXX |  | Resolved-Exhibit A Legal description was provided with the DOT - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - MIn XXX, actual XXX<br> On time mortgage history exceeds guideline requirement - Max XXX, actual XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020167 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing Secondary appraisal valuation from approved vendor with acceptable scores, i.e. XXX, XXX, etc. Note: XXX and XXX are unable to score multi-unit properties. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower hasXXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020167 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received verification of premium - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see paid receipt showing breakdown. This should be sufficent - Seller-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Missing annual premium amount. For audit purposes, the monthly amount reflected on the final loan application, subject to change contingent on review of actual statement. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see paid receipt showing breakdown. This should be sufficent - Seller-XXX | Resolved-Received verification of premium - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower hasXXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020167 | XXX | D B A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation/ratio. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower hasXXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020167 | XXX | D B A C | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the XXX No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are AIR compliant can be accepted with prior investor approval - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower hasXXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020143 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Subject is not a DSCR-please provide LOE for credit inquiries. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We do not need an LOX for DSCR loans, see guidelines - Buyer-XXX<br> Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020143 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of XXX, XXX, and/or XXX fees for non-subject property | Resolved-Received CD for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing verification of mortgage/taxes/insurance on property XXX. Provide proof of total housing payment. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Resolved-Received CD for XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020188 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (XXX) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property The appraisal report (page XXX) shows no XXX. All appraisals must be ordered through an XXX(XXX) - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - min XXX, actual XXX<br> Long term residence - Borrowers' at primary for XXX years |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose XXX/XXX Missing | Resolved-Not a business purpose loan. - Due Diligence Vendor-XXX <br> Ready for Review-This is not a business purpose loan, agency XXX month full doc PURCHASE. TRID was followed, Mavent ran. Please clear. - Seller-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX | Ready for Review-This is not a business purpose loan, agency XXX month full doc PURCHASE. TRID was followed, XXX. Please clear. - Seller-XXX | Resolved-Not a business purpose loan. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for XXX inquiries | Resolved-Upon further review, the inquiry resulted in debt and was included in the DTI. - Due Diligence Vendor-XXX<br> Ready for Review-Account was opened and already reporting. LOX should not be required (top of page XXX of credit report) - Buyer-XXX<br> Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing, please provide, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the inquiry resulted in debt and was included in the DTI. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement, DU requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX | Ready for Review-XXX Agency NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Buyer-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, DU requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Buyer-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX<br> Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX<br> Open-Asset XXX Less Than XXX Months Verified Provide XXX additional asset statement for asset XXX, XXX requires XXX months bank statements, additional findings may apply. - Due Diligence Vendor-XXX | Ready for Review-XXX NOO guidelines section XXX states: 'Complete copies of bank statements or investment portfolio statements from the most recent XXX days prior to the application date. The statements must cover account activity for the most recent XXX days. A summary statement will not be accepted.' XXX months of statements are not required per guidelines. - Seller-XXX | Resolved-Upon further review, the guidelines require XXX days. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020160 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (XXX) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- missing legal description - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/Legal. - Due Diligence Vendor-XXX | Long term residence - Borrower has been at residence for XXX years. <br> Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020151 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Upon further review, the DSCR Calculation was located within the loan file. - Due Diligence Vendor-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the DSCR Calculation was located within the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020150 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received 1008 with UW attestation for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Buyer-XXX<br> Open-Missing Warrantability Documentation. Lender's attestation for XXX project warrantability is required. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 with XXX attestation for XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX, Min XXX<br> LTV is less than guideline maximum - Max LTV is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Received 1008 with DSCR calculaion - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Seller-XXX | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX, Min XXX<br> LTV is less than guideline maximum - Max LTV is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Rule False - Due Diligence Vendor-XXX<br> Ready for Review-1008 with UW attestation for Condo warrantability - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached 1008 for DSCR calculation and XXX warranty. - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. Missing Underwriting Transmittal Summary form 1008 and/or lender approval which details terms under which borrower was qualified and approved. - Due Diligence Vendor-XXX |  | Resolved-XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO required is XXX, Borrower has XXX Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX, Min XXX<br> LTV is less than guideline maximum - Max LTV is XXX%, Borrower has XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020211 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020154 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |

---

## Exhibit 99.14

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.14**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020604 | XXX |  | XXX A |
| 2026020530 | XXX |  | XXX C A B |
| 2026020529 | XXX |  | XXX C A B |
| 2026020527 | XXX |  | XXX D A |
| 2026020603 | XXX |  | XXX D C A |
| 2026020521 | XXX |  | XXX D A |
| 2026020524 | XXX |  | XXX A C |
| 2026020515 | XXX |  | XXX D A B |
| 2026020517 | XXX |  | XXX D A |
| 2026020508 | XXX |  | XXX D A |
| 2026020519 | XXX |  | XXX D A |
| 2026020522 | XXX |  | XXX D A |
| 2026020507 | XXX |  | XXX D A B |
| 2026020520 | XXX |  | XXX C A |
| 2026020523 | XXX |  | XXX D A B |
| 2026020499 | XXX |  | XXX D A |
| 2026020510 | XXX |  | XXX C A |
| 2026020601 | XXX |  | XXX C A |
| 2026020602 | XXX |  | XXX C A |
| 2026020490 | XXX |  | XXX C A D |
| 2026020513 | XXX |  | XXX D B A |
| 2026020506 | XXX |  | XXX D A |
| 2026020503 | XXX |  | XXX C A B |
| 2026020505 | XXX |  | XXX C A |
| 2026020483 | XXX |  | XXX C A B |
| 2026020482 | XXX |  | XXX C A B |
| 2026020497 | XXX |  | XXX D A |
| 2026020599 | XXX |  | XXX C D A |
| 2026020465 |  | XXX | XXX C A B |
| 2026020464 |  | XXX | XXX A |
| 2026020463 |  | XXX | XXX D A |
| 2026020462 |  | XXX | XXX C A |
| 2026020461 |  | XXX | XXX D B A |
| 2026020460 |  | XXX | XXX A C |
| 2026020459 |  | XXX | XXX A |
| 2026020458 |  | XXX | XXX C A B |
| 2026020457 |  | XXX | XXX A |
| 2026020456 |  | XXX | XXX A |
| 2026020455 |  | XXX | XXX C D A B |
| 2026020454 |  | XXX | XXX A |
| 2026020453 |  | XXX | XXX C A |
| 2026020452 |  | XXX | XXX C A |
| 2026020451 |  | XXX | XXX A |
| 2026020450 |  | XXX | XXX C D A B |
| 2026020449 |  | XXX | XXX D C A |
| 2026020448 |  | XXX | XXX C A |
| 2026020447 |  | XXX | XXX A |
| 2026020446 |  | XXX | XXX C A B |
| 2026020445 |  | XXX | XXX C A |
| 2026020477 |  | XXX | XXX C A |
| 2026020476 |  | XXX | XXX D A |
| 2026020475 |  | XXX | XXX D A |
| 2026020474 |  | XXX | XXX A |
| 2026020473 |  | XXX | XXX A |
| 2026020472 |  | XXX | XXX C A |
| 2026020471 |  | XXX | XXX C A B |
| 2026020470 |  | XXX | XXX A |
| 2026020469 |  | XXX | XXX A |
| 2026020468 |  | XXX | XXX A |
| 2026020467 |  | XXX | XXX A |
| 2026020466 |  | XXX | XXX C A |
| 2026020498 |  | XXX | XXX A C |
| 2026020518 | XXX |  | XXX D A |
| 2026020487 | XXX |  | XXX D A |
| 2026020496 | XXX |  | XXX D A |
| 2026020494 | XXX |  | XXX C A |
| 2026020511 | XXX |  | XXX D B A |
| 2026020493 | XXX |  | XXX D A |
| 2026020509 | XXX |  | XXX D A |
| 2026020600 | XXX |  | XXX C A B |
| 2026020589 | XXX |  | XXX C A |
| 2026020488 | XXX |  | XXX A |
| 2026020479 | XXX |  | XXX A |
| 2026020495 | XXX |  | XXX C A |
| 2026020598 | XXX |  | XXX D C A B |
| 2026020588 | XXX |  | XXX D A |
| 2026020500 | XXX |  | XXX D A |
| 2026020595 | XXX |  | XXX B A |
| 2026020587 | XXX |  | XXX A |
| 2026020478 | XXX |  | XXX D C A |
| 2026020594 | XXX |  | XXX C A B |
| 2026020592 | XXX |  | XXX D A |
| 2026020424 | XXX |  | XXX C A |
| 2026020486 | XXX |  | XXX D A |
| 2026020423 | XXX |  | XXX D A |
| 2026020501 | XXX |  | XXX C A |
| 2026020420 | XXX |  | XXX D A |
| 2026020593 | XXX |  | XXX C A |
| 2026020434 | XXX |  | XXX D B A |
| 2026020484 | XXX |  | XXX D A |
| 2026020492 | XXX |  | XXX A |
| 2026020504 | XXX |  | XXX D A B |
| 2026020489 | XXX |  | XXX A C |
| 2026020428 | XXX |  | XXX D A |
| 2026020485 | XXX |  | XXX A |
| 2026020429 | XXX |  | XXX C A B |
| 2026020398 | XXX |  | XXX A |
| 2026020516 | XXX |  | XXX A |
| 2026020596 | XXX |  | XXX C A |
| 2026020425 | XXX |  | XXX A |
| 2026020422 | XXX |  | XXX D A B |
| 2026020442 | XXX |  | XXX A |
| 2026020427 | XXX |  | XXX D A |
| 2026020480 | XXX |  | XXX D A |
| 2026020407 | XXX |  | XXX A |
| 2026020412 | XXX |  | XXX A |
| 2026020443 | XXX |  | XXX D A |
| 2026020582 | XXX |  | XXX C A B |
| 2026020444 | XXX |  | XXX D A |
| 2026020408 | XXX |  | XXX D A |
| 2026020419 | XXX |  | XXX D A |
| 2026020409 | XXX |  | XXX C A |
| 2026020401 | XXX |  | XXX D A |
| 2026020438 | XXX |  | XXX A |
| 2026020379 |  | XXX | XXX D C A |
| 2026020436 | XXX |  | XXX D A C |
| 2026020405 | XXX |  | XXX D A |
| 2026020481 | XXX |  | XXX D C A B |
| 2026020418 | XXX |  | XXX C A |
| 2026020591 | XXX |  | XXX A |
| 2026020585 | XXX |  | XXX C A |
| 2026020393 | XXX |  | XXX C A |
| 2026020590 | XXX |  | XXX A |
| 2026020406 | XXX |  | XXX C A |
| 2026020395 | XXX |  | XXX D A |
| 2026020382 | XXX |  | XXX D A |
| 2026020389 | XXX |  | XXX C A B |
| 2026020384 |  | XXX | XXX A |
| 2026020388 |  | XXX | XXX A |
| 2026020392 | XXX |  | XXX D A |
| 2026020432 | XXX |  | XXX D A |
| 2026020416 | XXX |  | XXX D A |
| 2026020502 | XXX |  | XXX A |
| 2026020415 | XXX |  | XXX D A |
| 2026020385 | XXX |  | XXX A |
| 2026020400 | XXX |  | XXX A C |
| 2026020369 | XXX |  | XXX D A |
| 2026020404 | XXX |  | XXX A |
| 2026020381 | XXX |  | XXX D A |
| 2026020403 | XXX |  | XXX C A |
| 2026020411 | XXX |  | XXX C A |
| 2026020440 | XXX |  | XXX D A |
| 2026020439 | XXX |  | XXX A |
| 2026020378 | XXX |  | XXX C A |
| 2026020348 | XXX |  | XXX C A |
| 2026020581 | XXX |  | XXX D A B |
| 2026020579 | XXX |  | XXX D A C |
| 2026020575 | XXX |  | XXX A |
| 2026020390 | XXX |  | XXX A |
| 2026020413 | XXX |  | XXX C A |
| 2026020410 | XXX |  | XXX A |
| 2026020386 | XXX |  | XXX D A |
| 2026020380 | XXX |  | XXX D A |
| 2026020433 | XXX |  | XXX C A |
| 2026020426 | XXX |  | XXX A |
| 2026020349 | XXX |  | XXX C A B |
| 2026020313 | XXX |  | XXX A |
| 2026020562 | XXX |  | XXX A |
| 2026020391 | XXX |  | XXX D A |
| 2026020567 | XXX |  | XXX A B |
| 2026020565 | XXX |  | XXX A |
| 2026020383 |  | XXX | XXX A |
| 2026020566 | XXX |  | XXX A |
| 2026020402 | XXX |  | XXX C A B |
| 2026020317 | XXX |  | XXX A |
| 2026020297 | XXX |  | XXX A |
| 2026020561 | XXX |  | XXX A |
| 2026020323 | XXX |  | XXX D A |
| 2026020586 | XXX |  | XXX A C |
| 2026020572 | XXX |  | XXX A |
| 2026020430 | XXX |  | XXX D A |
| 2026020394 | XXX |  | XXX A D |
| 2026020371 | XXX |  | XXX D A |
| 2026020368 | XXX |  | XXX A |
| 2026020335 | XXX |  | XXX B A |
| 2026020356 | XXX |  | XXX D C A B |
| 2026020414 | XXX |  | XXX A |
| 2026020387 | XXX |  | XXX A |
| 2026020361 | XXX |  | XXX A C B |
| 2026020360 | XXX |  | XXX C A |
| 2026020374 | XXX |  | XXX A |
| 2026020347 | XXX |  | XXX A |
| 2026020574 | XXX |  | XXX A |
| 2026020397 | XXX |  | XXX D A |
| 2026020357 | XXX |  | XXX D A B |
| 2026020306 | XXX |  | XXX D A |
| 2026020580 | XXX |  | XXX C A B |
| 2026020560 | XXX |  | XXX A |
| 2026020558 | XXX |  | XXX A |
| 2026020315 | XXX |  | XXX B A |
| 2026020569 | XXX |  | XXX A |
| 2026020556 | XXX |  | XXX C A B |
| 2026020555 | XXX |  | XXX A |
| 2026020294 | XXX |  | XXX A |
| 2026020557 | XXX |  | XXX A |
| 2026020571 | XXX |  | XXX A |
| 2026020316 | XXX |  | XXX A B |
| 2026020417 | XXX |  | XXX D A C |
| 2026020345 | XXX |  | XXX C A |
| 2026020312 | XXX |  | XXX D A B |
| 2026020564 | XXX |  | XXX A |
| 2026020333 | XXX |  | XXX C A |
| 2026020373 | XXX |  | XXX D C A B |
| 2026020366 | XXX |  | XXX A D |
| 2026020318 | XXX |  | XXX C A |
| 2026020554 | XXX |  | XXX D A |
| 2026020293 | XXX |  | XXX D A B |
| 2026020343 | XXX |  | XXX C A B |
| 2026020559 | XXX |  | XXX A |
| 2026020553 | XXX |  | XXX C A B |
| 2026020551 | XXX |  | XXX A |
| 2026020286 | XXX |  | XXX C A |
| 2026020325 | XXX |  | XXX A |
| 2026020577 | XXX |  | XXX D A |
| 2026020375 | XXX |  | XXX C A |
| 2026020277 | XXX |  | XXX D A |
| 2026020576 | XXX |  | XXX A |
| 2026020288 | XXX |  | XXX D A |
| 2026020301 | XXX |  | XXX A |
| 2026020578 | XXX |  | XXX C A |
| 2026020563 | XXX |  | XXX D A |
| 2026020303 | XXX |  | XXX C A |
| 2026020251 | XXX |  | XXX D A B |
| 2026020299 |  | XXX | XXX C A |
| 2026020339 | XXX |  | XXX A C B |
| 2026020340 | XXX |  | XXX A C |
| 2026020334 | XXX |  | XXX C B A |
| 2026020298 | XXX |  | XXX D A |
| 2026020273 | XXX |  | XXX D A |
| 2026020311 | XXX |  | XXX A |
| 2026020344 | XXX | XXX | XXX D A |
| 2026020550 | XXX |  | XXX D A |
| 2026020573 | XXX |  | XXX C A B |
| 2026020332 | XXX |  | XXX A |
| 2026020372 | XXX |  | XXX A |
| 2026020570 | XXX |  | XXX C A |
| 2026020346 | XXX |  | XXX D A |
| 2026020302 | XXX |  | XXX C A |
| 2026020270 | XXX |  | XXX A |
| 2026020552 | XXX |  | XXX A |
| 2026020350 | XXX |  | XXX D A |
| 2026020568 | XXX |  | XXX A |
| 2026020314 | XXX |  | XXX D A B |
| 2026020284 | XXX |  | XXX D A |
| 2026020304 | XXX |  | XXX A |
| 2026020271 | XXX |  | XXX D A |
| 2026020235 | XXX |  | XXX A |
| 2026020268 | XXX |  | XXX A |
| 2026020549 | XXX |  | XXX A |
| 2026020370 | XXX |  | XXX D C A |
| 2026020437 | XXX |  | XXX C A |
| 2026020376 | XXX |  | XXX D A |
| 2026020310 |  | XXX | XXX D A |
| 2026020547 | XXX |  | XXX A |
| 2026020324 | XXX |  | XXX A D |
| 2026020257 | XXX |  | XXX A |
| 2026020252 | XXX |  | XXX C A B |
| 2026020256 | XXX |  | XXX A |
| 2026020281 |  | XXX | XXX A |
| 2026020355 | XXX |  | XXX D A |
| 2026020399 | XXX |  | XXX D A B |
| 2026020362 | XXX |  | XXX D A |
| 2026020258 | XXX |  | XXX D A |
| 2026020260 | XXX |  | XXX C A |
| 2026020241 | XXX |  | XXX D A |
| 2026020269 | XXX |  | XXX C A |
| 2026020259 | XXX |  | XXX C A |
| 2026020309 | XXX |  | XXX D A B |
| 2026020546 | XXX |  | XXX A |
| 2026020240 | XXX |  | XXX D A B |
| 2026020322 | XXX |  | XXX C A |
| 2026020246 | XXX |  | XXX C A B |
| 2026020279 | XXX |  | XXX A |
| 2026020199 | XXX | XXX | XXX C A |
| 2026020215 | XXX |  | XXX C A |
| 2026020237 | XXX |  | XXX C A |
| 2026020542 | XXX |  | XXX C A B |
| 2026020220 | XXX |  | XXX A |
| 2026020305 | XXX |  | XXX C A |
| 2026020184 | XXX |  | XXX C A |
| 2026020218 | XXX |  | XXX D A |
| 2026020331 | XXX |  | XXX C A |
| 2026020320 | XXX |  | XXX C A B |
| 2026020292 | XXX |  | XXX D A |
| 2026020243 | XXX | XXX | XXX C A |
| 2026020197 | XXX |  | XXX D A |
| 2026020276 | XXX |  | XXX D A |
| 2026020223 | XXX |  | XXX A |
| 2026020204 | XXX |  | XXX D A |
| 2026020274 | XXX |  | XXX C A |
| 2026020233 |  | XXX | XXX A B |
| 2026020541 | XXX |  | XXX C A |
| 2026020208 | XXX |  | XXX D A |
| 2026020285 | XXX |  | XXX D A |
| 2026020207 | XXX |  | XXX C A B |
| 2026020247 | XXX |  | XXX C A |
| 2026020216 | XXX |  | XXX D A |
| 2026020548 | XXX |  | XXX A |
| 2026020195 | XXX |  | XXX D A |
| 2026020228 | XXX |  | XXX D A |
| 2026020248 | XXX |  | XXX A |
| 2026020164 | XXX | XXX | XXX D A |
| 2026020192 | XXX |  | XXX C A B |
| 2026020222 | XXX |  | XXX D A B |
| 2026020213 | XXX |  | XXX D A B |
| 2026020353 | XXX |  | XXX C A B |
| 2026020161 | XXX |  | XXX D A B |
| 2026020203 | XXX |  | XXX D C A B |
| 2026020231 | XXX |  | XXX A |
| 2026020187 | XXX |  | XXX C A |
| 2026020171 | XXX |  | XXX A |
| 2026020193 | XXX |  | XXX C A B |
| 2026020194 | XXX |  | XXX A |
| 2026020146 | XXX |  | XXX A |
| 2026020358 | XXX |  | XXX C A B |
| 2026020159 | XXX |  | XXX A |
| 2026020533 | XXX |  | XXX C A B |
| 2026020153 | XXX |  | XXX C A B |
| 2026020249 | XXX |  | XXX D A B |
| 2026020535 | XXX |  | XXX A |
| 2026020152 | XXX |  | XXX A |
| 2026020543 | XXX |  | XXX C A |
| 2026020536 | XXX |  | XXX C A B |
| 2026020156 | XXX |  | XXX C A |
| 2026020234 | XXX |  | XXX C A |
| 2026020205 | XXX |  | XXX A |
| 2026020186 | XXX |  | XXX A |
| 2026020147 |  | XXX | XXX A |
| 2026020198 | XXX |  | XXX D B A |
| 2026020177 | XXX |  | XXX A C |
| 2026020155 | XXX |  | XXX A |
| 2026020139 | XXX |  | XXX C A B |
| 2026020229 | XXX |  | XXX A B |
| 2026020142 | XXX |  | XXX C A |
| 2026020212 | XXX |  | XXX C A B |
| 2026020190 | XXX |  | XXX D A |
| 2026020178 | XXX |  | XXX C A |
| 2026020166 | XXX |  | XXX C A |
| 2026020167 | XXX |  | XXX D A C B |
| 2026020143 | XXX |  | XXX D A |
| 2026020188 | XXX |  | XXX C A B |
| 2026020160 | XXX |  | XXX D A |
| 2026020151 | XXX |  | XXX D A |
| 2026020150 | XXX |  | XXX A |
| 2026020158 | XXX |  | XXX D A |
| 2026020211 | XXX |  | XXX A |
| 2026020154 | XXX |  | XXX A |

---

## Exhibit 99.15

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.15**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020604 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calculation worksheet |
| 2026020527 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2026020527 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | audit DSCR match on lender 1008 |
| 2026020527 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR match Lender's 1008 |
| 2026020603 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line w/ 1008. |
| 2026020521 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020521 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020521 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit used appraised value, supported by Desk Review. |
| 2026020524 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal, title |
| 2026020517 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2026020517 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Loan amount/Appraisal Value |
| 2026020517 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches DSCR calculator |
| 2026020508 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2026020519 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020519 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender's DSCR of XXX. Audit PITIA and market rent match with Lender's calculation. |
| 2026020522 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit report |
| 2026020522 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit income lower due to excluded deposits |
| 2026020507 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit's income and debts match lenders. No 1008 received to compare |
| 2026020520 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2026020520 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used market rent |
| 2026020523 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender calculation |
| 2026020499 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per Credit Report |
| 2026020510 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Additional properties verified to be higher. |
| 2026020601 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020602 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per CD |
| 2026020602 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020490 | XXX |  | XXX | Loan ID | manual | XXX | XXX | Per loan documents |
| 2026020505 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2026020505 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per appraised value - LTV matches lenders 1008 |
| 2026020505 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020483 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2026020483 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per questionnaire |
| 2026020483 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used higher PITIA, not final |
| 2026020482 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020482 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used higher PITIA amount. |
| 2026020497 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2026020599 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020465 |  | XXX | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2026020465 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | As per appraisal |
| 2026020465 |  | XXX | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | As per credit report |
| 2026020464 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020461 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2026020461 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Auditor DTI matches 1008 Approval |
| 2026020459 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2026020459 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI same as lender 1008 |
| 2026020457 |  | XXX | XXX | Borrower 1 XXX | the1003Page | XXX | XXX | per 1003 |
| 2026020457 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020455 |  | XXX | XXX | Borrower 1 XXX | the1003Page | XXX | XXX | Per 1003 |
| 2026020455 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | Per appraiasal |
| 2026020451 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020451 |  | XXX | XXX | Borrower 1 XXX | the1003Page | XXX | XXX | Per 1003 |
| 2026020449 |  | XXX | XXX | Borrower 1 XXX | the1003Page | XXX | XXX | 1003 |
| 2026020448 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | audit counted Co-Borrower's other property taxes, insurance and HOA |
| 2026020447 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020446 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | Per executed note in file. |
| 2026020446 |  | XXX | XXX | Borrower 1 XXX | the1003Page | XXX | XXX | Per 1003 in file |
| 2026020446 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020446 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matched 1008 in file. |
| 2026020445 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | name confirmed on all docs |
| 2026020477 |  | XXX | XXX | Property Zip Code | notePage | XXX | XXX | Per Note |
| 2026020477 |  | XXX | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2026020477 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/appraisal value |
| 2026020477 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020477 |  | XXX | XXX | Primary Appraised Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020477 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DSCR |
| 2026020476 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020475 |  | XXX | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2026020475 |  | XXX | XXX | Prepayment Penalty Total Term | notePage | XXX | XXX | per note |
| 2026020475 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2026020474 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | name confirmed |
| 2026020473 |  | XXX | XXX | Amortization Term | notePage | XXX | XXX | per Note |
| 2026020472 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020472 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020471 |  | XXX | XXX | Amortization Term | notePage | XXX | XXX | per Note |
| 2026020469 |  | XXX | XXX | Loan Amount | notePage | XXX | XXX | Per note |
| 2026020469 |  | XXX | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per Note |
| 2026020469 |  | XXX | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit LTV matches lenders LTV per 1008 |
| 2026020468 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | DSCR Loan |
| 2026020467 |  | XXX | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2026020467 |  | XXX | XXX | Amortization Term | notePage | XXX | XXX | per Note |
| 2026020467 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal XX XXX |
| 2026020518 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | True Data value LTV match 1008 |
| 2026020518 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders calculation |
| 2026020487 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Reviewed value is the same as the lenders. |
| 2026020496 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR calculation |
| 2026020494 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2026020494 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR math Lender Rate Lock |
| 2026020511 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | primary wage earner. |
| 2026020511 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Total Income and Total Debts incorrect on 1008. Income and Liabilities match Final 1003 |
| 2026020493 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020493 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Variance due to differences in taxes and insurance |
| 2026020509 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per executed note in file. |
| 2026020509 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2026020488 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2026020488 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches DSCR calculator in file |
| 2026020479 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, matches lender |
| 2026020495 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal and title |
| 2026020598 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per 1008 |
| 2026020588 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020595 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020587 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020478 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020478 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches lenders per 1008 |
| 2026020594 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020592 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020424 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR match DSCR UW Notes |
| 2026020420 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020593 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020484 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches the 1008. |
| 2026020428 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | XXX years of income provided |
| 2026020485 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per 1008 |
| 2026020398 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Auditor matches Lenders 1008. |
| 2026020596 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Closing Disclosure |
| 2026020596 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020425 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI in line with final 1008 |
| 2026020442 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020442 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit UW used all other payments |
| 2026020427 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches DSCR calc in file |
| 2026020480 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Variance unknown as breakdown was not provided |
| 2026020407 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020407 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit value DSCR match the 1008 |
| 2026020443 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020443 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches with Lender's DSCR |
| 2026020582 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020444 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit and Lender's DSCR calculation match |
| 2026020419 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020409 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | per Note |
| 2026020401 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2026020438 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit used the Current Mortgage Statement Value. |
| 2026020436 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2026020436 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's DSCR calculation |
| 2026020405 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR match the1008 |
| 2026020481 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2026020481 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | primary wage earner. |
| 2026020418 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020418 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches lenders per 1008 |
| 2026020585 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | per CD |
| 2026020585 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020393 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | lender used lower HOA fee. |
| 2026020590 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020406 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches the 1008 |
| 2026020389 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | per 1008 |
| 2026020432 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020432 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches final 1008 and DU |
| 2026020416 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report and 1008. |
| 2026020416 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches 1008. |
| 2026020502 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020415 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per note |
| 2026020385 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches calculation in file |
| 2026020400 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | per note |
| 2026020404 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2026020404 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match the 1008 |
| 2026020411 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches the 1008 |
| 2026020440 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | per Note |
| 2026020378 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches lender DSCR worksheet |
| 2026020348 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per Note |
| 2026020581 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020579 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches the lender DSCR UW Memo |
| 2026020413 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match on loan approval |
| 2026020410 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020410 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match lender DSCR calc ws |
| 2026020386 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match lender DSCR calc ws |
| 2026020380 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020433 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used higher (not final) tax amount |
| 2026020349 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches Lender's calculation |
| 2026020562 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020391 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | per credit report |
| 2026020391 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender did not provide breakdown. PITI matches with Lender |
| 2026020567 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | True Data value DSCR match DSCR XXX |
| 2026020565 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020383 |  | XXX | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | audit calculated lower income |
| 2026020566 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020317 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender DSCR calc |
| 2026020297 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR worksheet used incorrect PITI. |
| 2026020572 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR calc. |
| 2026020430 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal and HOA transaction history |
| 2026020356 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2026020356 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2026020356 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2026020414 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR calc |
| 2026020361 | XXX |  | XXX | Borrower 1 First Name | notePage | XXX | XXX | Per Note |
| 2026020374 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2026020374 | XXX |  | XXX | Originator Doc Type | employmentIncomePage | XXX | XXX | XXX Year Retirement Income |
| 2026020374 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final DU and 1008 |
| 2026020347 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender's calculation |
| 2026020397 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | No DSCR calculation in loan file to compare |
| 2026020357 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2026020306 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2026020306 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020560 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & aligns with lender |
| 2026020558 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit dscr matches asset worksheet/dscr in file |
| 2026020315 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal report |
| 2026020569 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR matches 1008 |
| 2026020556 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | audit DSCR = XXX / XXX |
| 2026020294 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2026020557 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used rental income which is not supported by the XXX report . |
| 2026020571 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020316 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report primary wage earner |
| 2026020417 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020345 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | loan amount/sales price |
| 2026020333 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender did not use final/actual PITIA |
| 2026020373 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | per note |
| 2026020373 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender did not qualify at the start rate, fully amortized |
| 2026020366 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2026020318 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Difference due to Lender used 1007 versus lease for calculation. |
| 2026020293 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender used Lower Market Rent Estimate than Actual Market Rent |
| 2026020553 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020551 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender PITIA and Monthly qualifying rent. |
| 2026020286 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020577 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI due to lower income calculated and higher property taxes |
| 2026020277 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020277 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Match with 1008 |
| 2026020277 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020288 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches 1008 |
| 2026020578 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit and 1008 match with LTV |
| 2026020303 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2026020303 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches final 1008 |
| 2026020251 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2026020251 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per appraisal listed for sale, using lower value for LTV |
| 2026020251 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020251 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit and lender match DSCR calculation |
| 2026020339 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020340 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI matches Lender DTI on 1008 |
| 2026020311 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR calc |
| 2026020344 | XXX | XXX | XXX | Initial Originator Signature Date | complianceDetailPage | XXX | XXX | Per Initial 1003 |
| 2026020344 | XXX | XXX | XXX | Borrower XXX Years in Current Home | the1003Page | XXX | XXX | Per Final 1003 |
| 2026020344 | XXX | XXX | XXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXX | XXX | Per 1003, credit report |
| 2026020344 | XXX | XXX | XXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXX | XXX | Per approval |
| 2026020550 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | per 1008 |
| 2026020332 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender did not include HOI monthly payment |
| 2026020372 | XXX |  | XXX | Borrower 1 First Name | notePage | XXX | XXX | Per Note |
| 2026020372 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020346 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within XXX% of Lender DTI on 1008 |
| 2026020270 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020552 | XXX |  | XXX | Property City | notePage | XXX | XXX | per Note |
| 2026020552 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used lower, not final PITIA |
| 2026020350 | XXX |  | XXX | Property Value | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020350 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Loan is not a XXX |
| 2026020314 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020314 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Loan amount/appraised value |
| 2026020314 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches Lender worksheet |
| 2026020304 | XXX |  | XXX | Interest Rate | notePage | XXX | XXX | Per Note |
| 2026020235 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020268 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020437 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | per 1008 |
| 2026020310 |  | XXX | XXX | Note Date | notePage | XXX | XXX | Per Note |
| 2026020547 | XXX |  | XXX | Borrower 1 First Name | notePage | XXX | XXX | Per Note |
| 2026020252 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per Note |
| 2026020252 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020256 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020281 |  | XXX | XXX | Property Type | propertyValuationPage | XXX | XXX | per title |
| 2026020355 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020258 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender's calculation |
| 2026020260 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | per Note |
| 2026020241 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Per Note |
| 2026020241 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020269 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per note |
| 2026020269 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit Report |
| 2026020546 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR XXX/Asset Worksheet do not reflect an accurate market rent amount |
| 2026020322 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 rounding. |
| 2026020322 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per 1008. |
| 2026020246 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020246 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020199 | XXX | XXX | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per Tape/1008 |
| 2026020215 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report |
| 2026020215 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020237 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020542 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020220 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020305 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit & matches lender |
| 2026020184 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender omitted multiple obligations |
| 2026020320 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Tape value is front end DTI. audit and lender 1008 match |
| 2026020292 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | difference due to amount of taxes is higher. |
| 2026020197 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender used Higher Estimated Net Rental LOSS |
| 2026020223 | XXX |  | XXX | Borrower 1 First Name | notePage | XXX | XXX | Per Note |
| 2026020223 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches lender calc in file |
| 2026020204 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020204 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appsl, XXX |
| 2026020274 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020541 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020541 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender excluded Line of Credit payment |
| 2026020285 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020207 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note in file |
| 2026020207 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020247 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020247 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per appraised value/loan amount |
| 2026020247 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit and 1008 match |
| 2026020216 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020228 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI within XXX% of Lender DTI on 1008 |
| 2026020248 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020164 | XXX | XXX | XXX | XXX Business Entity Type | deedOfTrustPage | XXX | XXX | Per Deed of Trust |
| 2026020164 | XXX | XXX | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per Credit Report |
| 2026020192 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used Market Rent/ PITIA. Lender Calculation not provided |
| 2026020222 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020222 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit used Market Rent/ PITIA. Lender Calculation not provided |
| 2026020213 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020353 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020203 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Loan Amount /Appraised Value |
| 2026020187 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR calc |
| 2026020171 | XXX |  | XXX | Property City | notePage | XXX | XXX | Per executed Note in file |
| 2026020193 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020194 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit matches lender Final 1003 and 1008 figures minus property taxes on subject. |
| 2026020159 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Settlement Statement |
| 2026020159 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender added HOA fee |
| 2026020533 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Lender used lower gross rental income for subject. |
| 2026020153 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per credit report, mid score |
| 2026020535 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020535 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches final DSCR Calc |
| 2026020152 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit, lender used different/unsupported rent amount |
| 2026020543 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020543 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches DSCR worksheet. |
| 2026020536 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal. |
| 2026020156 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audit , matches lender 1008 |
| 2026020234 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020198 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per note |
| 2026020198 | XXX |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | higher representative score is used for qualification |
| 2026020139 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note |
| 2026020139 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit matches Lender DSCR Calc on 1008. |
| 2026020212 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020190 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020178 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020178 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020166 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020167 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020188 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |
| 2026020160 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | per appraisal |
| 2026020151 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Per Final CD |
| 2026020151 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Audit LTV matches lenders per 1008 |
| 2026020151 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per Appraisal |
| 2026020151 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Lender DSCR calc not provided for comparison. PITIA matches lenders |
| 2026020150 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR calculation not provided. PITIA matches lenders. |
| 2026020158 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Per Note |
| 2026020154 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | per Note |
| 2026020154 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per appraisal |

---

## Exhibit 99.16

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.16**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM 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** |
| 2026020604 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020530 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020529 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020527 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020603 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020521 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020524 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020515 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020517 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020508 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020519 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020522 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020507 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2026020520 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020523 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2026020499 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020510 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020601 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020602 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020490 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020513 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2026020506 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020503 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020505 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020483 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020482 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020497 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020599 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020465 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020464 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2026020463 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020462 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020461 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2026020460 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020459 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020458 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020457 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020456 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020454 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020453 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020452 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020451 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020450 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020449 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020448 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020447 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020446 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020445 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020477 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020476 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020475 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020474 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020473 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.0 | XXX | Eligible | 1 | XXX |
| 2026020472 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020471 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2026020470 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020469 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020468 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2026020467 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020466 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020498 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXX |
| 2026020518 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020487 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020496 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020494 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020511 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020493 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.2 | XXX |
| 2026020509 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020600 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020589 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020488 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020479 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020495 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2026020598 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020588 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020500 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXX |
| 2026020595 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020587 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020478 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX |
| 2026020594 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020592 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020424 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -4.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020486 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 2.9 | XXX |
| 2026020423 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020501 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020420 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020593 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020434 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020484 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020492 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020504 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.1 | XXX |
| 2026020489 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020428 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020485 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2026020429 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | XXX |
| 2026020398 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020516 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020596 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020425 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -2.57% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2.57% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2026020422 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -7.22% | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | .0258 | XXX | 0.07 ICE | Other | XXX | XXX | XXX | -7.22% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020442 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020427 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.50% | 1025 Small Residential Income Report |  |  |  |  | XXX | XXX | 0.50% | XXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020480 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX | Eligible | 1 | XXX |
| 2026020407 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020412 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020443 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.8 | XXX |
| 2026020582 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020444 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.9 | XXX |
| 2026020408 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020419 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020409 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020401 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020438 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020379 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020436 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXX |
| 2026020405 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020481 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020418 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020591 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020585 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020393 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020590 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020406 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020395 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020382 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2026020389 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020384 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020388 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020392 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020432 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 1.1 | XXX |
| 2026020416 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020502 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020415 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020385 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2026020400 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020369 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -1.89% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -1.89% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020404 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020381 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2026020403 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2026020411 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020440 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020439 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020378 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020348 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020581 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020579 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020575 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020390 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2026020413 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020410 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020386 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.5 | XXX |
| 2026020380 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020433 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2026020426 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020349 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020313 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020562 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020391 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -6.12% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -6.12% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020567 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020565 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020383 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020566 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020402 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2026020317 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.7 | XXX |
| 2026020297 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020561 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020323 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020586 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020572 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020430 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020394 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2 | XXX |
| 2026020371 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2026020368 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020335 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020356 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXX |
| 2026020414 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | XXX |
| 2026020387 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2026020361 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020360 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020374 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2026020347 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020574 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020397 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020357 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020306 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Resonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020580 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020560 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020558 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020315 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020569 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020556 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020555 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020294 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXX |
| 2026020557 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020571 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020316 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020417 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020345 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 4.6 | XXX |
| 2026020312 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020564 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020333 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020373 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020366 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | N/A | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2026020318 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020554 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020293 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020343 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004C Manufactured Home | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible | 2.4 | XXX |
| 2026020559 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020553 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020551 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020286 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020325 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020577 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020375 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020277 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020576 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020288 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020301 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020578 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020563 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020303 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2.5 | XXX |
| 2026020251 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2026020299 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020339 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020340 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020334 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020298 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020273 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020311 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020344 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2.1 | XXX |
| 2026020550 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020573 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020332 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020372 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020570 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -1.14% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -1.14% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020346 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020302 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020270 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020552 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020350 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2026020568 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020314 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020284 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 3.95% | 1004 URAR |  |  |  |  | XXX | XXX | 3.95% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020304 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020271 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020235 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020268 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXX |
| 2026020549 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020370 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020437 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020376 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020310 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020547 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020324 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020257 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.7 | XXX |
| 2026020252 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020256 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  |
| 2026020281 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020355 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020399 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020362 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 2.2 | XXX |
| 2026020258 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020260 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020241 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -2.89% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2.89% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020269 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020259 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020309 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020546 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020240 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020322 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020246 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020279 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020199 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -7.96% | 1004 URAR |  |  |  |  | XXX | XXX | -7.96% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020215 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020237 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2026020542 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020220 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -9.55% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9.55% | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020305 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020184 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2026020218 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020331 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020320 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020292 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020243 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020197 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020276 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020223 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020204 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020274 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020233 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 2.2 | XXX |
| 2026020541 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -4.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020208 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020285 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020207 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020247 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020216 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020548 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020195 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020228 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020248 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2026020164 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXX |
| 2026020192 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020222 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020213 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.3 | XXX |
| 2026020353 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020161 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2026020203 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020231 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 2.5 | XXX |
| 2026020187 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020171 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020193 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 2.4 | XXX |
| 2026020194 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020146 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020358 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020159 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020533 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | FANNIE MAE 2000 | XXX |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020153 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -9.09% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9.09% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2026020249 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 3.6 |  |
| 2026020535 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020152 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020543 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -10.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -10.00% | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020536 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020156 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020234 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020205 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020186 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2026020147 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2026020198 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020177 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 4.55% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 4.55% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020155 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020139 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | XXX |
| 2026020229 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -7.62% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -7.62% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2026020142 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -6.90% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -6.90% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2026020212 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020190 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.6 | XXX |
| 2026020178 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020166 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.3 | XXX |
| 2026020167 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020143 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020188 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020160 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020151 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020150 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXX |
| 2026020158 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020211 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020154 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |

---

## Exhibit 99.17

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.17**

![](ex9917001.jpg)

![](ex9917002.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;**February 10, 2026**<br>**Due Diligence Narrative Report**<br>

![](ex9917003.jpg)

**Table of Contents**

---

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

---

AOMT 2026-2 Due Diligence Narrative Report Page \| 1 February 10, 2026

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**Clayton Contact Information**

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex9917004.jpg) | **Michael Taylor** | Client Service Director |
|  |  | Phone: (813) 261-8915/E-mail: <u>mtaylor@clayton.com</u> |

---

---

| | | |
|:---|:---|:---|
| ![](ex9917004.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview** 

Clayton conducted an independent third-party pre-securitization due diligence review of 7 residential loans selected for the AOMT 2026-2 transaction. The loans referenced in this narrative report were reviewed in the month of 7/2025 – 11/2025 at Clayton's centralized underwriting facilities in Tampa, FL. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review.

**Originators** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Broker | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;Correspondent Bulk | &nbsp;&nbsp;2 | &nbsp;&nbsp;28.57% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

AOMT 2026-2 Due Diligence Narrative Report Page \| 2 February 10, 2026

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

The scope of work for this transaction consisted of credit, property valuation, and regulatory compliance reviews, plus a data integrity check, and were performed in accordance with rating agency<sup>1</sup> loan level review standards in place as of the date of the review. This is referred to as a "Full Review."

Sampling

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

Review Type Loan Counts

---

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

---

Sponsor Acquisition Criteria

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

Loan Grading

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

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

AOMT 2026-2 Due Diligence Narrative Report Page \| 3 February 10, 2026

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TPR Component Review Scope

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

CREDIT REVIEW

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Examined
 Data Verify/Fraudgaurd/Interthinx or similar risk evaluation report, which was already
 in the loan file for Nationwide Multistate Licensing System and Registry ("NMLS")
 and occupancy status alerts. Clayton researched alert information against loan documentation
 and assigned loan conditions accordingly.

PROPERTY VALUATION REVIEW

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Value
 Supported Analysis

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

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

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

AOMT 2026-2 Due Diligence Narrative Report Page \| 4 February 10, 2026

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REGULATORY COMPLIANCE REVIEW

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

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

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

The scope of the compliance review performed is summarized below:

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

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

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

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

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

– TIL APR and Finance charge tolerances;

– Timeliness of ARM Disclosures (if applicable);

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

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

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

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

○ The ATR/QM Rules allow the lender to exclude up to two discount points from the 3% points and fees evaluation depending on the loan's undiscounted interest rate in relation to the APOR index rate. The ATR/QM Rule does not set the required rate reduction per discount point. Clayton evaluated the lender's exclusion of discount points from the 3% points and fees calculation for all loans in this transaction using a [0.2%] rate reduction threshold per discount point.

– Prepayment Penalty restrictions.

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

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

– GFE initial disclosure timing and content;

– Confirmed the file contains the final HUD1 Settlement Statement;

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

– Homeownership Counseling Notice;

– Affiliated Business Disclosure if applicable.

AOMT 2026-2 Due Diligence Narrative Report Page \| 5 February 10, 2026

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

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

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

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

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

State and Federal High Cost and Higher-Priced:

● Cook County High Cost Ordinance

● Chicago High Cost Ordinance

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

Anti-predatory lending laws

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

● Minnesota §58 on or after 8/1/2008

AOMT 2026-2 Due Diligence Narrative Report Page \| 6 February 10, 2026

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Prepayment Penalties and Late Charges in certain states

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

● Sufficiency of coverage

● Escrow of insurance payments

Data Integrity

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

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

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

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

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

Data Capture

Clayton collected data fields required to create American Securitization Forum ("ASF") and Standard and Poor's LEVELS 7.4. data disclosure requirements. Both of these file formats are provided as part of the pre-securitization reporting package. Additionally, Clayton captured rating agency required data points relating to ATR/QM determination, which is provided in the reporting package.

**Data Compare Results** 

Clayton provided Angel Oak Mortgage Operating Partnership, LP, with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the seller versus the data captured by Clayton during the loan review.

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Representative Credit Score for Grading | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Note Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |

---

AOMT 2026-2 Due Diligence Narrative Report Page \| 7 February 10, 2026

![](ex9917003.jpg)

**Clayton Due Diligence Results** 

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 4 |  |  | 1 | **5** |
| **Final** | **B** |  | 1 | 1 |  | **2** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **4** | **1** | **1** | **1** | **7** |

---

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 5 |  |  | 1 | **6** |
| **Final** | B |  |  | 1 |  | **1** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **5** | **0** | **1** | **1** | **7** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 6 |  |  |  | **6** |
| **Final** | B |  | 1 |  |  | **1** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **6** | **1** | **0** | **0** | **7** |

---

AOMT 2026-2 Due Diligence Narrative Report Page \| 8 February 10, 2026

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 5 |  |  |  | **5** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **5** | **0** | **0** | **0** | **5** |

---

\*Compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review. (2 loan in pool)

**Clayton Third Party Reports Delivered** 

Clayton furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Appendix A: Credit Review Scope** 

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

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

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

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

○ Borrower eligibility, including:

– Citizenship status

AOMT 2026-2 Due Diligence Narrative Report Page \| 9 February 10, 2026

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– Non- occupant co-borrower

○ Transaction eligibility, including:

– Maximum loan amount

– Loan purpose

– Occupancy

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

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

○ Uniform Residential Loan Application reviewed to determine:

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

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

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

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

– Income documentation

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

– CPA letter

– Business licenses

– Tax transcripts (IRS Form 4506-T)

– Other documentation in loan file

○ Income review included:

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

– Documents did not appear to have been altered or inconsistent

– IRS Form 4506-T

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

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

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

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

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

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

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

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

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

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

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

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

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

○ Asset review included:

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

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

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

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

AOMT 2026-2 Due Diligence Narrative Report Page \| 10 February 10, 2026

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

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

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

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

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

○ Credit Report review included:

– Complete copy of report was in loan file

– Report was dated within required timeframe

– All borrowers were included in the report

– Checked any fraud alerts against related loan file documentation

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

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

– Captured and utilized appropriate credit score for guideline review

○ Title policy review included:

– Title interest – determined if

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

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

– Appropriate vestee(s) were listed on title policy

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

– Applicable title endorsements were present

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

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

– Captured monthly tax payments in debt ratio calculation

○ HUD1 (Settlement Statement) review included:

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

– Seller contributions did not exceed maximum allowed

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

– Disbursements and pay-offs included in debt ratio calculations

– Loan purpose confirmed

○ Hazard/Flood insurance review included:

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

– Confirmed that any required insurance was for the:

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

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

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

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

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

Confirmed that any required insurance minimum coverage amount and policy period

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

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

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

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

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

○ Borrower identity

– Social Security inconsistencies

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

**Appendix B: Origination Appraisal Assessment** 

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

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

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

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

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

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

– FNMA 2090 – Individual Cooperative Appraisal Report. Used for individual cooperative units

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

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

○ Appraisal report was reasonably complete and included:

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

– Accurate identification of the subject property

– Accurate identification of the subject loan transaction

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

– All required attachments including:

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

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

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

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

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

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

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

– Appraisal date met supplied Sponsor Acquisition Criteria

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

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

○ Title XI of FIRREA:

If the appraisal was completed by a trainee or licensed appraiser unqualified to independently sign the report, an appropriately licensed appraiser co-signed as a supervisory appraiser and inspected the property

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

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

○ USPAP

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

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

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

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

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

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

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

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

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

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

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

– Property usage was reviewed for zoning compliance

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

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– Neighborhood values were reviewed to determine if declining

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

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

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

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

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

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

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

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

– Style of property was reviewed to determine if unique property

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

– Locational and/or environmental concerns adequately addressed if present

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

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

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

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

F. Disclaimer

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

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

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

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

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

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G. Desk
 Review definitions

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

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

**Appendix C: Regulatory Compliance Review Scope** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Pre-application forms cannot look similar to the LE

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

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

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

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

● Alphabetization of fees.

● Title fees preceded by "Title –."

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Affiliated Business Disclosure (can impact fee tolerances)

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

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

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

● Accuracy of the Aggregate Adjustment amount.

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

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

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

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

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

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

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

---

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

---

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

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

---

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

---

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

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

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

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

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

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

---

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

---

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

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

---

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

---

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

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

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

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

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

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

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

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

AOMT 2026-2 Due Diligence Narrative Report Page \| 21 February 10, 2026

## Exhibit 99.18

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.18**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |  |  |  |
| *Loans in Report* | *XXX* |  |  |  |  |
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** | **Discrepancy Comments** |
| 2026020577 | XXX | Property State | XXX | XXX | Per note, the state is XXX. |
| 2026020497 | XXX | Representative Credit Score for Grading | XXX | XXX | Lender used credit score from outdated XXX. |
| 2026020474 | XXX | Note Rate | XXX | XXX | Formatting |
| 2026020474 | XXX | Original Balance | XXX | XXX | (No Data) |
| 2026020216 | XXX | Combined LTV | XXX | XXX | Current value is based on CLTV at time of closing. Tape value is subject loan LTV. |
| 2026020216 | XXX | Disbursement Date | XXX | XXX | Disbursement date on CD in file is XXX. Tape value source unknown. |
|©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |

---

## Exhibit 99.19

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Valuations Summary** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| *Loans In Report:* | *XXX* | *XXX* |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| *Loans In Report:* |  |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance (%)** | **Review Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **AVM Vendor Name** | **AVM FSD** | **Confidence Score** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date - Other** | **Value - Other** | **Variance Amount - Other** | **Variance (%) - Other** | **CU / LCA Score** |
| 2026020577 |  | XXX | XXX | XXX | XXX | XXX | 1004XXX |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020564 |  | XXX | XXX | XXX | XXX | XXX | 1025 XXX |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020518 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020497 | XXX | XXX | XXX | XXX | XXX | XXX | 1025 XXX |  |  |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020474 | XXX | XXX | XXX | XXX | XXX | XXX | 1004 XXX |  |  |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% |  |  |  |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1.9 |
| 2026020424 |  | XXX | XXX | XXX | XXX | XXX | 1025XXX |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020216 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Clear Capital | 88.00 |  | XXX | XXX | 0.00% |  | XXX | XXX | XXX | 10.72% | XXX | 8.000 | XXX |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.20

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.20**

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans in Report:*** | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans with Conditions:*** | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Overall Loan Grade** | **Final Securitization Overall Loan Grade** | **Initial Securitization Loan Credit Grade** | **Final Securitization Loan Credit Grade** | **Initial Securitization Loan Property Valuation Grade** | **Final Securitization Loan Property Valuations Grade** | **Initial Securitization Loan Compliance Grade** | **Final Securitization Loan Compliance Grade** | **Initial S&P Overall Loan Grade** | **Final S&P Overall Loan Grade** | **Initial S&P Loan Credit Grade** | **Final S&P Loan Credit Grade** | **Initial S&P Loan Property Valuation Grade** | **Final S&P Loan Property Valuations Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** | **Did Lender Acknowledge Exception at Origination** |
| 2026020577 | XXX | XXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 2026020564 | XXX | XXX | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | No |
| 2026020518 | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 2026020497 | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2026020474 | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 2026020424 | XXX | XXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 2026020216 | XXX | XXX | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | No |

---

## Exhibit 99.21

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.21**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** | **Conditions Report XXX** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans in Report:*** | *XXX* | *XXX* | *XXX* | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ***Loans with Conditions:*** | *XXX* | *XXX* | *XXX* | *XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Overall Loan Grade** | **Final Securitization Overall Loan Grade** | **Initial Securitization Credit Loan Grade** | **Final Securitization Credit Loan Grade** | **Initial Securitization Property Valuations Loan Grade** | **Final Securitization Property Valuations Loan Grade** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Overall Loan Grade** | **Final S&P Overall Loan Grade** | **Initial S&P Credit Loan Grade** | **Final S&P Credit Loan Grade** | **Initial S&P Property Valuations Loan Grade** | **Final S&P Property Valuations Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Initial Securitization Condition Grade** | **Final Securitization Condition Grade** | **Initial S&P Condition Grade** | **Final S&P Condition Grade** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 2026020577 | XXX | XXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | XXX | Application is incomplete | No | The Final 1003 for the co-borrower needs to be updated to reflect their primary residence on the XXX and monthly income. | Received updated 1003 | Satisfied. | (No Data) | Not Applicable | XXX: Good credit history<br> - XXX Comments: No derogatory information reflected on the credit profile. |
| 2026020577 | XXX | XXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | XXX | Credit report stale dated at closing | No | The undisclosed debt notification dated within XXX days prior to closing was not in the file. The Drive report does not reflect debt monitoring. | Received fraud report with updated XXX | Satisfied | (No Data) | Not Applicable | XXX: Good credit history<br> - XXX Comments: No derogatory information reflected on the credit profile. |
| 2026020564 | XXX | XXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | C | B | C | B | XXX | Loan parameters do not meet guidelines | No | Audit calculated the DSCR at XXX using the fully indexed rate since subject is an XXX and guides indicate to use the higher of the note rate or fully indexed rate. Using the fully indexed rate since it is higher results in the LTV of XXX% exceed guides (maximum is XXX% on cash-out with a DSCR less than XXX). | (No Data) | Received exception request and approval. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: XXX months of cash reserves. |
| 2026020518 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: XXX months of verified reserves.<br>XXX: Credit score exceeds guidelines<br> - XXX Comments: XXX Fico score.<br>XXX: LTV below guideline requirements<br> - XXX Comments: Low CLTV of XXX% |
| 2026020497 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: LTV below guideline requirements<br> - XXX Comments: LTV AT XXX% below guideline requirements OF XXX%<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: Mortgage payment history of XXX months exceeds guidelines of XXX months<br>XXX: Significant time at current residence<br> - XXX Comments: Significant time at current residence of XXX years |
| 2026020474 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: LTV below guideline requirements<br> - XXX Comments: XXX% LTV; max XXX%.<br>XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: $XXX reserves; $XXX reserves required.<br>XXX: Credit score exceeds guidelines<br> - XXX Comments: XXX qual score; min XXX.<br>XXX: Mortgage payment history exceeds guidelines<br> - XXX Comments: XXX. XXX mortgage payment history; not more than XXX allowed. |
| 2026020424 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: XXX months of cash reserves. |
| 2026020216 | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Property Valuations | Appraisal | Active | B | B | B | B | XXX | Alternate Valuation product used. | No | XXX XXX is not on the list of acceptable XXX vendors per Guidelines section XXX and the XXX XXX. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX: Credit score exceeds guidelines<br> - XXX Comments: Credit score of XXX is above the required XXX<br>XXX: LTV below guideline requirements<br> - XXX Comments: CLTV of XXX% is below the maximum allowable of XXX%.<br>XXX: Verified cash reserves exceed guidelines<br> - XXX Comments: Cash reserves: $XXX or XXX months of PITIA. XXX months required.<br>XXX: DTI below guideline requirement<br> - XXX Comments: DTI of XXX% is below the maximum allowable XXX% |

---

## Exhibit 99.22

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.22**

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

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review included a total of 134 newly originated residential mortgage loans, in connection with the securitization identified as Angel Oak Mortgage Trust 2026-2 (the "Securitization"). The Review was conducted from March 2022 through February 2026 on mortgage loans originated between January 2022 and January 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 Clients prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

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

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

● Review file documentation for required level of employment

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

● Confirm program, qualifying rate, terms

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

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

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

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

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

● Validate monthly recurring liabilities

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

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

● Documentation meets Appendix Q requirements for QM Loans

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

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

● Determine representative credit score from credit report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

○ The monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (134 loans in total):

One hundred and three (103) loans had CU scores of 2.5 or less or were eligible for Collateral Rep and Warranty relief.

Eight (8) loans had an AVM, zero (0) loans had Secondary Appraisals, zero (0) loans had a Field Review, and thirty-six (36) loans had a Desktop Review. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then an additional valuation product was completed. There were zero (0) instances of this.

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the 134 mortgage loans reviewed, ninety-one (91) unique mortgage loans (67.91% by loan count) had a total of two hundred sixty-eight (268) tape discrepancies across thirty-five (35) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy <br> Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;66 | &nbsp;&nbsp;24.63% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;48 | &nbsp;&nbsp;17.91% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;33 | &nbsp;&nbsp;12.31% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;16 | &nbsp;&nbsp;5.97% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;11 | &nbsp;&nbsp;4.10% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;9 | &nbsp;&nbsp;3.36% |
| &nbsp;&nbsp;Borrower 1 Origination Equifax | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.99% |
| &nbsp;&nbsp;Borrower 1 Origination Experian | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.99% |
| &nbsp;&nbsp;Borrower 1 Origination TransUnion | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.99% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;6 | &nbsp;&nbsp;2.24% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.49% |
| &nbsp;&nbsp;Mo. Tax | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.49% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.49% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Cash Out Amount | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Gross Rent | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Mo. Hazard | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;STR | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Underwriting Exception in File? | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Seller Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Borrower 2 Origination Experian | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Borrower 2 Origination TransUnion | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Originator_DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Borrower 2 Origination Equifax | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Property_Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.37% |
| &nbsp;&nbsp;Grand Total | &nbsp;&nbsp;268 | &nbsp;&nbsp;100.00% |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 114 | $58458220.00 | 85.07% |
| Event Grade B | 20 | $13071979.00 | 14.93% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| Total Sample | 134 | $71530199.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 121 | 90.30% |
| Event Grade B | 13 | 9.70% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 134 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results (As applicable, 63 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 63 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 63 loans within population did not receive a Compliance Review):** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 64 | 90.14% |
| Event Grade B | 7 | 9.86% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 71 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 133 | 99.25% |
| Event Grade B | 1 | 0.75% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 134 | 100.00% |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Compliance Grade of "B", a Credit Grade of "A", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception <br> Type | &nbsp;&nbsp;Exception<br> Level <br> Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Partially Provided | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract Expiration Date is prior to Note Date | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Coverage - Inadequate Coverage | &nbsp;&nbsp;3 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Purchase Contract is Expired | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Borrower 2 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Asset 2 Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Income 2 Months Income Verified is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing Letter of Explanation (Credit) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Sales Contract Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Purchase Contract does not Match Final CD | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower Employment Verification does not meet guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing final HUD-1 from sale of non-subject property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower Liabilities Verification Indicator is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Asset 3 Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Closing Disclosure/Settlement Statement Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Credit Report is Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Delinquent Credit History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Asset 1 Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Appraisal date is greater than 120 days from Origination date. | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Income - Bank Statements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;HO6 Master Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Asset 2 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;HO6 Master Insurance Policy is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Overdraft/NSF Count Exceeds Tolerance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Assets do not meet guideline requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Asset Documentation Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income 3 Months Income Verified is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Purchase Contract is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income 4 Months Income Verified is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income 5 Months Income Verified is Missing | &nbsp;&nbsp;1 |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;Borrower 2 Credit Report is Expired | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Income 6 Months Income Verified is Missing | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;**152** |
|  | &nbsp;&nbsp;Borrower does not meet residual income requirement | &nbsp;&nbsp;3 |
|  | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;3 |
|  | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;2 |
|  | &nbsp;&nbsp;Purchase Contract Expiration Date is prior to Note Date | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Purchase is not considered to be an Arm's Length Transaction | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Excessive Cash-Out Refinance | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Purchase Contract is Expired | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Audited Loan Amount is less than Guideline Minimum Loan Amount | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Delinquent Credit History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;**15** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;44 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Initial Closing Disclosure Delivery Date Test | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Credit Score Disclosure (FACTA) | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Charges That In Total Cannot Increase More Than 10% Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;High-Cost Mortgage Points and Fees Threshold Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;High-Cost Mortgage Pre-Loan Counseling Date Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;High-Cost Mortgage Timing of Disclosure Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;TRID: Missing Closing Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;High-Cost Mortgage Late Fee Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;**76** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;**7** |
| &nbsp;&nbsp;Property &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;66 |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;Subject Property Lease - Missing or Defective | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Appraisal Review - Missing | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;DSCR Minimum Not Met | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Third Party Valuation Product not Provided | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;Ineligible Property – Zoning Non-compliance | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;**72** |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Property/Appraisal General | &nbsp;&nbsp;1 |
| &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 Clients/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

---

| | |
|:---|:---|
| &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. Clients review required. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan violates one material law or regulation. The material disclosures are absent or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

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|:---|:---|
| &nbsp;&nbsp;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

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## Exhibit 99.23

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.23**

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| **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| 2026020131 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Expired | The Purchase Contract closing date is XXX. The loan closed XXX. The Lender requires a Purchase Contract Addendum extending the closing date to XXX. | Document Uploaded. ; Document Uploaded. | XXX | Contract amendment provided extending closing until XXX. Exception resolved. ; The lender provided a copy of the Disclosure Tracking Details Log; however, the sales contract required the loan to close no later than XXX. The actual closing occurred on XXX. A fully executed extension to the sales contract extending the closing date to XXX is still pending. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020131 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020131 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020108 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Expired | The Lenders Clear to Close states the Purchase Contracted closing date is XXX. The loan closed XXX. Provide a Purchase Contract Addendum extending the closing date to XXX. | Document Uploaded. XXX. | XXX | Purchase contract contains a right to extend closing date clause, exception resolved. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020108 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020108 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020108 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. REO costs differ between the 1008 and the 1003. Review is unable to verify lender's final (1008) figures. Taxes on subject property appear to be significantly overstated. Primary residence costs are understated, based upon documentation in file. | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020108 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete REO costs differ between the 1008 and the 1003. Review is unable to verify lender's final (1008) figures. Taxes on subject property appear to be significantly overstated. Primary residence costs are understated, based upon documentation in file. | Document Uploaded. I lowered the property taxes on the subject to the tax rate x the purchase price on the subject. Property is XXX, so the tax cert is not accurate for the calculation | XXX | Lender updated taxes for subject on Lender Loan information page of final 1003. Taxes, Insurance, and XXX on primary residence on final 1003 appear higher than documentation in file. Defaulting to Lender's calc on primary residence conservatively. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020132 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020132 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020132 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020102 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX Required. Refund in the amount of $XXX; 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 $XXX is due to the increase of the appraisal fee from $XXX to $XXX on the initial CD dated XXX without valid XXX. XXX dated XXX does not provide reason for fee increase. | Document Uploaded. | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020102 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Incomplete | Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The Purchase contract is missing. The file contains Purchase Contract Addendums, Riders and Extension but the actual Purchase Contract is missing. Provide a complete Purchase Contract. | Document Uploaded. ; Document Uploaded. | XXX | Complete purchase contract has been provided, exception resolved. ; Purchase Contract Doc is complete.; Documents uploaded are the same that are in the file. Only addendums to the contract have been provided, please provide the actual sales contract. ; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020102 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The file is missing proof of HOA payment for the primary residence. Provide proof of HOA payment for the primary residence or a statement from the borrower verifying that there is no HOA payment. | Document Uploaded. | XXX | XXX uploaded confirming no XXX on primary residence. Exception resolved. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020102 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Documentation Required- Credit Score Disclosure (XXX). | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020102 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020099 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020099 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020099 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX Compliant |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020092 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing final HUD-1 from sale of non-subject property | Audit was unable to locate the final Closing Disclosure (CD) for the sale of the property on XXX, which netted $XXX and reflected the payoff of the XXX mortgage. An estimated CD is currently in the file; however, the final version is needed along with a copy of the wire transfer from the XXX | Document Uploaded. Uploaded wire confirmation.; Document Uploaded. Uploaded final seller CD - stamped and signed by closing agent as certified final copy. | XXX | XXX from sale of XXX and copy of wire received. Condition cleared.; Thank you for providing XXX for the sale of XXX. Please provide evidence of wire transfer of funds to the Settlement Agent or to the Borrower as required per guidelines. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020092 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020092 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated 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. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX Compliant; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020083 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX Compliant; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020130 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party XXX Prior to Close Missing - audit was unable to locate documentation verifying the existence of the borrower's business, XXX XXX Service, dated within ten (XXX) days of closing. While an internet printout is included in the loan file, audit could not confirm which listing corresponds to the borrower, as several entries for XXX XXX Service appear to be located out of state. | Document Uploaded. ; Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided; Please provide a VVOE for the Borrower's business, XXX' XXX Service, dated within XXX days of closing (only an invoice was attached). Thank you. | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 2026020130 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | XXX XXX required: A refund in the amount of $XXX, cure package: PCCD with LOE, copy of refund and proof of delivery. The Document Preparation fee was added to the XXX issued XXX without a valid reason. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | XXX | Lender confirmed this was due to a naming convention issue; exception resolved; Lender confirmed this was due to a naming convention issue; exception resolved | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 2026020130 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing The XXX is missing. Per Privacy policy, lender has affiliates. | Document Uploaded. | XXX | Required Affiliated Business Disclosure Documentation Provided | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 2026020130 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 2026020130 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Borrower does not meet residual income requirement | Residual income of $XXX does not meet guideline minimum of $XXX. CRSE in the file cites this exception and approval is granted. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Lender guidelines require a XXX rental history. Audit was unable to locate the November XXX rent payment of $XXX, as well as the additional $XXX payment for September XXX—only $XXX was paid by the borrower for that month. | Document Uploaded. ; Document Uploaded. ; Document Uploaded. | XXX | Received an updated XXX. Documentation for XXX XXX cash payment of $XXX missing for the XXX rental history. Compensating Factors : Qualifying Credit Score is XXX; Credit History :XXX; Payment Shock is only XXX%. ; 1003 and XXX just provided does not address partial rental payment for XXX XXX. Please provide the documentation to verify the additional $XXX payment for XXX XXX was paid—only $XXX was paid by the borrower for that month. Thank you.; XXX XXX payment is now cleared. Please provide the additional $XXX payment for XXX XXX—only $XXX was paid by the borrower for that month. Thank you. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Guidelines require documentation showing the borrower had at least three months of reserves at the time of closing. Audit reviewed the following assets: Account #XXX with a balance of $XXX as of XXX, Account #XXX with $XXX as of XXX, and Account #XXX with $XXX as of XXX. Please note, the XXX with a balance of $XXX was not included, as it was not listed on the 1003.<br>| Document Uploaded. ; Document Uploaded. | XXX | Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX.; Audit is unable to use any assets that are not on the final 1003. Please provide an updated final 1003 reflecting all assets used to qualify for further review. Thank you. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Guidelines require documentation showing the borrower had at least three months of reserves at the time of closing. Audit reviewed the following assets: Account #XXX with a balance of $XXX as of XXX, Account #XXX with $XXX as of XXX, and Account #XXX with $XXX as of XXX. Please note, the XXX IRA with a balance of $XXX was not included, as it was not listed on the 1003. | Document Uploaded. ; Document Uploaded. | XXX | Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); Audit is unable to use any assets that are not on the final 1003. Please provide an updated final 1003 reflecting all assets used to qualify for further review. Thank you. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Property | Property/Appraisal General | Property/Appraisal guideline violation: The subject property is classified as a non-warrantable XXX. According to the XXX dated XXX, non-warrantable XXX are not eligible under this program. | Document Uploaded. | XXX | Lender exception for non-warrantable XXX approved by investor on XXX. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX Compliant; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020089 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Borrower does not meet residual income requirement | Residual income of $XXX does not meet guideline minimum of $XXX. CRSE in the file cites this exception and approval is granted. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. The loan file does not have evidence of prior XXX reflecting coverage at the time of closing. | Document Uploaded. Uploaded XXX. | XXX | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2026020088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Document Required: Credit Score Disclosure (XXX) | Document Uploaded. Uploaded cred score discl. | XXX | XXX Credit Score Disclosure is provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2026020088 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 2026020107 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020107 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020107 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020084 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX Compliant This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. | Appears there is nothing to do for this finding? | XXX | XXX is compliant and allowed per lender's guidelines; therefore, downgraded to XXX. ; Material Exception; XXX Compliant | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020084 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Audit could not locate verification of PITIA for property located XXX, payment not to exceed $XXX monthly. | Document Uploaded. Uploaded an XXX showing this is vacant land and the fraud report shows no loan taken out so owned free and clear. Only taxes were included taken off the fraud report. | XXX | XXX confirmed as vacant land. No open liens or XXX required. Taxes verified on fraud report (page XXX-XXX). Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020084 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Acknowledged | XXX | Credit | Purchase Contract is Expired | Per the lender's Clear to Close document, the contract closing date is listed as XXX. If the actual closing occurs after this date, a fully executed extension must be executed at or prior to closing. The subject loan closed on XXX; however, the audit team was unable to locate a copy of the required extension |  |  | Per Investor they will purchase as is because all parties executed the closing documents. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020105 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require a verification of existence of business within XXX days of closing. Please provide a VOE dated XXX or later. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020105 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020105 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Purchase Contract is Expired | The Purchase Contract expiredXXX. Provide an executed Purchase Contract Extension toXXX. | Document Uploaded. | XXX | Notice of contract extension to XXX on page XXX. Condition rescinded. | XXX | D A | D | A D | D A | D A | D A | D A | D A | A | A | A | A | A |
| 2026020068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | XXX: Missing Closing Disclosure | XXX: Missing Final Closing Disclosure Per the disclosure tracker, there's no evidence of the CD issued XXX with receipt in the loan file. | Document Uploaded. | XXX | XXX: Final Closing Disclosure Provided | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | D | A D | D A | D A | D A | D A | D A | A | A | A | A | A |
| 2026020068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | D | A D | D A | D A | D A | D A | D A | A | A | A | A | A |
| 2026020068 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | D | A D | D A | D A | D A | D A | D A | A | A | A | A | A |
| 2026020118 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020118 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020118 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Lenders income calculation is using XXX months of bank statement. The CRSE and loan approval documents state the loan is a XXX month bank statement income loan. Please provide clarity on this issue. | Client responded and advise the XXX was updated to show XXX XXX Bank Statements and requested the loan be re-reviewed to upgrade to grade XXX if possible. ; Document Uploaded. This is a XXX. I have uploaded a XXX reflecting the correction. | XXX | Revised XXX reflecting XXX months XXX Bank Statement program received. Condition cleared.; ; Lender provided an exception.; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | The Purchase Contract is expired. Please provide an executed Purchase Contract Extension to XXX. | Document Uploaded. Uploaded contract extension. | XXX | Lender provided proof of an extension. Condition cleared.; Lender provided an exception.; Material Finding | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2026020082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020082 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | No Compliance Findings The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020121 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020121 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020121 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020064 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020064 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020064 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Expired | Borrower 1 Credit Report is Expired (Greater than XXX days from the Closing Date). Lender has an updated credit report in the file. | Client provided attached. | XXX | Borrower 1 Credit Report is not Expired.; Document Uploaded. ; ; Lender acknowledged finding. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 Credit Report is Expired | Borrower 2 Credit Report is Expired (Greater than XXX days from the Closing Date). Lender has an updated credit report in the file. | Client provided attached. | XXX | Borrower XXX Credit Report is not Expired.; Document Uploaded. ; ; Lender acknowledged finding. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Purchase is not considered to be an XXX | Purchase is not considered to be an Arm's Length Transaction The property is non-arms length, as it is a current tenant purchasing from a landlord and was not offered on the open market. | Document Uploaded. ; Document Uploaded. | XXX | Lender exception for XXX on XXX approved by investor on XXX.; The XXX provided does not indicate that a non-arms length transaction exception was approved, it indicates the subject "XXX" is Arm's Length. Please provide a corrected XXX indicating if there was an exception granted for the subject being a XXX. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Guidelines require a VOE within XXX days of closing. Please provide a VOE dated XXX or later. | Document Uploaded. | XXX | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | XXX is compliant and allowed per lender's guidelines; therefore, downgraded to XXX. 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. | hey. Can you please advise what is need to clear open condition? thanks | XXX | XXX; Material; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020087 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $ are less than Guideline Required Reserves of $XXX. The file is missing proof of sale of the XXX property and proof the funds were transferred to the borrower or XXX. The file is short reserves (XXX months) in the amount of $XXX. Provide proof of sale and funds delivery from the XXX property. |  |  | Audited Reserves of $XXX are equal to or greater than AUS Required Reserves of $XXX.; Document Uploaded. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) The file is missing proof of sale of the XXX property and proof the funds were transferred to the borrower or XXX. The file is short reserves (XXX months) in the amount of $XXX. Provide proof of sale and funds delivery from the XXX property. |  |  | Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); Document Uploaded. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The file is missing proof of sale of the XXX property and proof the funds were transferred to the borrower or XXX. The file is short funds to close in the amount of $XXX and short reserves (XXX months) in the amount of $XXX. Provide proof of sale and funds delivery from the XXX property. | Document Uploaded. hey. please see attached. hopefully this will open the rest of the open conditoins... PLEASE LOL; Document Uploaded. XXX. please use this upld to clear all other open exceptions. thanks | XXX | Asset Qualification Meets Guideline Requirements; Settlement Statement provided is for the purchase of the subject. Please provide the Settlement Statement for the sale of XXX supporting net proceeds of $XXX and the payoff of XXX #XXX. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Assets do not meet guideline requirements | When the Total Qualified Asset Post Close field contains a negative value, the required assets do not meet guidelines. The file is missing proof of sale of the XXX property and proof the funds were transferred to the borrower or XXX. The file is short funds to close in the amount of $XXX and short reserves (XXX months) in the amount of $XXX. Provide proof of sale and funds delivery from the XXX property. |  |  | Funds are found to meet guidelines.; Document Uploaded. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | XXX is Partial | XXX Partially Provided The subject is an attached XXX. The XXX reflects the subject property address as XXX with Guaranteed Replacement Cost coverage. Please provide an updated policy that reflects the correct street number for the subject property. | Document Uploaded. | XXX | XXX is fully present | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only; Material; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of HOA payment for the primary residence. If the borrower does not pay HOA on the primary residence provide an executed statement from the borrower stating there is no HOA payment. | Document Uploaded. Uploaded proof no XXX dues on primary - see top of page XXX. | XXX | Documentation received confirming no XXX dues on primary residence located on XXX. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020059 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020059 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020059 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA XXX Cure required: Cure of $XXX required for increase in Discount Points and Broker fee. Fees increased on Initial CD issued XXX; however, COC does not support increase. A XXX dated aXXX was provided without a supporting XXX or CD. Cure requires PCCD, LOE, copy of refund check, and proof of mailing or supporting XXX or CD for XXX XXX. | Document Uploaded. Note changes were due in change in Loan amt etc | XXX | Valid XXX and applicable XXX provided; Exception resolved; Valid XXX and applicable XXX provided; Exception resolved; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Guidelines state a max of XXX% payment shock for FTHB, payment shock is XXX%. CRSE in the file cites this exception and approval is granted. |  |  | Exception Granted | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020066 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020086 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require a verification of existence of business dated within XXX days of closing. Please provide the documentation dated XXX or later. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020086 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020086 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure Required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of delivery or Valid . The tolerance is due to increased Appraisal Re-inspection fee from LE XXX to CD XXX. | Document Uploaded. | XXX | Valid XXX provided; Exception resolved; Valid XXX provided; Exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing | Document Uploaded. | XXX | Required Affiliated Business Disclosure Documentation Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020051 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020106 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | The initial CD dated XXX is missing from the loan file. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020106 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Lender Credits That Cannot Decrease Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX cure required:<br> Refund in the amount of $XXX<br> Cure package: PCCD with LOE, copy of refund and proof of delivery or the initial CD. The Lender credit decreased on the final CD issued XXX; however, since there's a timing issue due to the missing initial CD dated XXX, the coc will not allow to accept the credit decrease. | Document Uploaded. | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020106 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020106 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020110 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020110 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020110 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset XXX Does Not Meet Guideline Requirements | Asset Record XXX Does Not Meet G/L Requirements Please provide the final signed closing statement for the property at XXX XXX showing net proceeds of no less than $XXX and the satisfaction of XXX Mortgage for approximately $XXX. (only an estimated settlement agreement provide) | Document Uploaded. | XXX | Settlement Statement provided are not required to be signed by the XXX. Okay to accept per XXX. Condition cleared.; Final Settlement Statement received is not signed by the Borrower or the Settlement Agent. Please provide signed final Settlement Statement for the Sale of XXX reflecting net proceeds of $XXX and the payoff of XXX Mortgage. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020050 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020125 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Overdraft/NSF Count Exceeds Tolerance | Per underwriter notes in file, XXX returned items in a XXX month period exceeds the guideline maximum allowable. XXX further states that the borrower's explanation makes sense after reviewing the bank statements. The UW reviewed the the case with management (XXX) and cited XXX% LTV, experience homeowner, B2 has XXX job as realtor, income not used to qualify, and good depth of credit with XXX. (U/W memo page XXX. Exception was not approved on XXX but is has clearly been handled as an exception approval.) |  |  | Confirmed with guidelines, no set amount is listed for XXX/Overdrafts. Current amount is confirmed as sufficient with supporting information from client. ; Per underwriter notes in file, XXX returned items in a XXX month period exceeds the guideline maximum allowable. Memo further states that the borrower's explanation makes sense after reviewing the bank statements. The XXX reviewed the the case with management (XXX) and cited XXX% LTV, experience homeowner, B2 has XXX job as XXX, income not used to qualify, and good depth of credit with XXX. (XXX page XXX. Exception was not approved on XXX but is has clearly been handled as an exception approval.) | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2026020125 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required: Provide evidence borrowers received a copy of the appraisal at least XXX days prior to consummation. | Document Uploaded. | XXX | Evidence of appraisal delivery provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2026020125 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The Lender requires a 3rd Party Verification of Employment completed within XXX (XXX) days of the closing. The file is missing the ten (XXX) day required Verbal Verification of Employment. Provide a 3rd Party Verification of Employment completed within XXX days of closing. | Document Uploaded. ; On the VOE for borrower 1 - there is not any income used to qualify for this borrower. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided; Document Uploaded. ; A VOE for B2 and the Real Estate Search was provided. Per the documentation in the file (Bank Statements, Income Calculation, etc.) the Account used for Income refers back to B1 and the XXX XXX XXX accounts. A VOE with updated 1003/1008 is required to show the correct account and company were used for income purposes (being Borrower XXX). | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2026020125 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing The Lender requires a 3rd Party Verification of Employment completed within XXX (XXX) days of the closing. The file is missing the XXX (XXX) day required Verbal Verification of Employment. Provide a 3rd Party Verification of Employment completed within XXX days of closing. | Document Uploaded. | XXX | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2026020125 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 2026020127 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. Please provide XXX Statement showing the effective date is XXX or before | Document Uploaded. | XXX | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided. Received a processor's cert confirm from the insurance holder, no claims were filed prior to the effective date. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020127 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require a verification of existence of business within XXX dats of closing. Please provide correct documentation dated XXX or later. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020127 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020123 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The loan file does not contain verification of taxes, insurance, and/or HOA fees for the Borrower's XXX home. The credit report in the loan file reflects the current mortgage payment, however, the file does not contain a statement indicating XXX are included, or any other documentation confirming the total payment amount. Please provide verification of taxes, insurance, and/or HOA fees for the Borrower's second home. | Document Uploaded. | XXX | PITIA documentation for second home received and updated. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020123 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Documentation required to clear exception: The initial CD is missing from the loan file. The earliest CD in the loan file was issued on XXX and signed at consummation. The violation can be cured by providing the initial CD as well as evidence showing that is was received by the consumer XXX business days prior to consummation on XXX. Additional conditions may apply. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or XXX, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; Exception resolved; Initial CD provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020123 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA XXX Cure Required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, copy of refund check, proof of delivery or valid XXX. The XXX% tolerance violation in the amount of $XXX is due to an increase in Recording fees from $XXX on XXX XXX to $XXX on CD XXX. <br>Because the loan failed the initial CD delivery date test due to missing Initial closing disclosure, any values that would be under a valid XXX, if the disclosure had been provided, will not be considered valid for tolerance purposes. The violation may be cured if missing closing disclosure(s) are provided. Additional testing will be completed once the Initial CD is provided. | Document Uploaded. | XXX | Initial CD provided; Exception resolved; Initial CD provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020123 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Borrower does not meet residual income requirement | Residual income of $XXX does not meet guideline minimum of $XXX. CRSE in the file cites this exception and approval is granted. |  |  | Audited Loan Amount of $XXX is less than the Guideline Minimum Loan Amount of $XXX XXX in the file cites this exception and approval is granted. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited Loan Amount of $XXX is less than the Guideline Minimum Loan Amount of $XXX CRSE in the file cites this exception and approval is granted. |  |  | Audited Loan Amount of $XXX is less than the Guideline Minimum Loan Amount of $XXX XXX in the file cites this exception and approval is granted. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | High-Cost Mortgage Late Fee Test | This loan failed the high-cost mortgage late charges test for one of the following reasons: (12 CFR §1026.34(a)(8)(i))The loan provides for a late payment fee in excess of XXX% of the amount of the payment past due; orA value for the late charges amount was not provided.Any late payment charge imposed in connection with a high-cost mortgage must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed XXX percent of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. This loan failed the high-cost mortgage late charges test. The loan provides for a late payment fee in excess of XXX% of the amount of the payment past due. Missing undiscounted rate for further compliance testing. | Document Uploaded. | XXX | Undiscounted rate provided; Exception resolved; Undiscounted rate provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | High-Cost Mortgage Pre-Loan Counseling Date Test | This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a 2010 RESPA loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a 2015 TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a chattel loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §1026.32; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the U.S. Department of Housing and Urban Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2604(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. The High Cost Pre-loan Counseling disclosure is missing. Missing undiscounted rate for further compliance testing. |  |  | Undiscounted rate provided; Exception resolved; Undiscounted rate provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | High-Cost Mortgage Points and Fees Threshold Test | This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: (12 CFR §1026.32(a)(1)(ii)(A), (B))The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX. The loan failed High-Cost Mortgage Points and Fees Threshold Test. The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX. Missing undiscounted rate for further compliance testing. |  |  | Undiscounted rate provided; Exception resolved; Undiscounted rate provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | High-Cost Mortgage Timing of Disclosure Test | This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: (12 CFR §1026.31(c))The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least XXX business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. The High Cost disclosure is missing. Missing undiscounted rate for further compliance testing. |  |  | Undiscounted rate provided; Exception resolved; Undiscounted rate provided; Exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing Letter of Explanation (Credit) | Missing letter of explanation for credit inquiries for inquiries on XXX and XXX. Per Lender Guidelines a written explanation is required for all inquiries within XXX-days of the date of the credit report. | Document Uploaded. ; Document Uploaded. | XXX | Received Borrower signed letter of explanation regarding new inquiries indicating no new debt. Condition cleared.; The inquiries in question were reflected on the refresh report dated XXX and that took place on XXX (new inquiry from the Originator/XXX Mortgage that was after their original inquiry on XXX at time of application), and the XXX inquiry from XXX Cards XXX. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require a verification of existence of business within XXX days of note date. Please provide a VOE dated XXX or later. | Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020122 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or XXX fees for non-subject property | Audit could not locate evidence of HOA dues for property located on XXX. | Document Uploaded. | XXX | Received documentation confirming no HOA dues present on XXX. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020122 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Guidelines require a payment shock of XXX% or less. Payment shock is listed at XXX% | Document Uploaded. | XXX | Lender exception for payment shock >XXX% approved by investor on XXX. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020122 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020122 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020042 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020065 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset XXX Does Not Meet Guideline Requirements | Asset Record 3 Does Not Meet G/L Requirements The file is missing the fully executed sale CD for property XXX on the Final 1003 and proof of XXX receipt of the funds. | Document Uploaded. The proceeds from the sale were deposited into the borrower's bank account. Then the borr wired funds to closing. I have uploaded the borr's bank stmt showing the transactions. Also see the 1008 and 1003 and XXX with updates. I left the XXX #XXX balance at $XXX since the new bank stmt goes beyond closing and is much higher. I used the more conservative figure. | XXX | Executed Settlement Statement for sale of departure residence received along with updated 1003, 1008, XXX, and bank statement. Condition cleared. | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Compliant; Material ; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020057 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Compliant; Material ; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Compliant; Material ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Compliant; Material ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020053 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing Please provide rental income for the XXX property at XXX | Document Uploaded. | XXX | Lender removed income from XXX on XXX and provided an updated 1003, 1008, and XXX reflecting increased DTI. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Compliant; Material; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | XXX Cure Required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid XXX. The tolerance violation is due to an increased Appraisal Fee from $XXX on the initial LE to $XXX on final CD dated XXX. The increase appears to be due to a rush fee added, however, the date of the appraisal is XXX, and the increased fee was not disclosed until the initial CD dated XXX. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. Uploaded cure docs. | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX; Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only; ; XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020022 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only; ; XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract does not Match Final CD | The final CD does not reflect the correct sales price when compared to the XXX. XXX (Regulation Z)<br> 12 CFR 1026.38(a)(3)(vii) Missing contract addendum with updated purchase price and contract extension to XXX. Provide a signed Purchase Contract Addendum with the correct Purchase Price and Contract Extension to XXX. | Document Uploaded. | XXX | Contract Extension and corrected purchase price received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020034 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The Final CD reflects a $XXX gift was provided for funds to close. When the funds are not transferred prior to closing, the applicable Guidelines require the originator to document that the XXX gave the Closing Agent the gift funds in the form of a certified check, a cashier's check, money order, or wire transfer. The loan file missing verification that the Closing Agent received the gift funds. Please provide verification that the Closing Agent received the gift funds. | Document Uploaded. | XXX | Wire of $XXX gift from donor to Settlement Agent received. Asset Qualification Meets Guideline Requirements. Condition cleared. | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Documentation required; please provide a copy of an initial CD and evidence that the borrower received or acknowledged receipt at least XXX business days prior to consummation. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; Exception resolved; Initial CD provided; Exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing File is missing proof of PITIA and lease documentation for the property on XXX. | Document Uploaded. | XXX | Income XXX Months Income Verified is Present Or Not Applicable; PITIA and lease documentation for XXX located on XXX received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing File is missing proof of PITIA and lease documentation for the property on XXX. | Document Uploaded. Hi do you mean XXX Pl not XXX Pl? Thanks | XXX | Income XXX Months Income Verified is Present Or Not Applicable; PITIA and lease documentation for XXX located on XXX received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Provide the required 3rd Party VOE dated within XXX days of the closing date for borrower 1. | Document Uploaded. ; Document Uploaded. Searches dated XXX and loan closed XXX | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided; Borrower is an employee of XXX XXX vs. the owner, therefore, a business verification cannot be used to clear the VVOE. Please provide a VVOE for B1 confirming they were still active and employed with XXX within XXX days of closing. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Delinquent Credit History Does Not Meet Guideline Requirements | Delinquent Credit History Does Not Meet Guideline Requirements Upon receipt of the PITIA documentation for the XXX property located at XXX, it appears the Borrower entered into a Forbearance plan/arrangement with XXX in XXX of XXX and was paid off in XXX of XXX. Per guidelines, Forbearances must be seasoned for XXX years. |  |  | Subject loan is an XXX XXX vs. XXX. Condition rescinded. | XXX | D B A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Lender Credits That Cannot Decrease Test | XXX Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid XXX. The lender credit violation in the total amount of $XXX is due to a decrease in lender credits from $XXX on the initial CD dated XXX to $XXX on the final CD. A valid COC or evidence of pricing change was missing from the file. This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX; Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Incorrect XXX used - XXX form model XXX used for Same Lender or Lender Affiliate Refinance | Incorrect rescission model used - XXX (New Creditor) used for Same Lender or Lender Affiliate Refinance Documentation required to clear exception: Incorrect Right to Cancel form was used. Right to cancel form XXX (New Lender) form was used and should have been XXX (Same Lender) form. In order to cure rescission needs to be re-opened with correct form and a PCCD, LOE, and proof of delivery is required. | Document Uploaded. Hi I know you cant clear until XXX but here is the Info, thanks | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing Please provide PITIA documentation for the XXX property on XXX for additional review. The 1008 reflects a Co-Mtgs in the amount of $XXX. Review is unable to determine if this is for the XXX property of something else. Please provide an explanation for this Co-Mtgs. | Document Uploaded. | XXX | Income XXX Months Income Verified is Present Or Not Applicable; XXX property in the name of XXX. Borrower is XXX. $XXX/mo listed on 1008 is Co-Borrower's own liabilities, not a mortgage. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Please provide a 3rd Party VOE dated within XXX days of the closing date for Borrower 1. | Document Uploaded. ; Document Uploaded. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided; Please provide a reverification for B1's business, XXX, LLC (only B2's employer info was uploaded). Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020017 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020017 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020025 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Incorrect XXX used - XXX form model XXX used for Same Lender or Lender Affiliate Refinance | Incorrect rescission model used - RTC form model XXX (New Creditor) used for Same Lender or Lender Affiliate Refinance Documentation required to clear exception: Incorrect Right to Cancel form was used. Right to cancel form XXX (New Lender) form was used and should have been XXX (Same Lender) form. In order to cure rescission needs to be re-opened with correct form and a PCCD, XXX, and proof of delivery is required. | Document Uploaded. Uploaded corrected XXX to XXX forms, letter to borr, and XXX. Has been placed in XXX. | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020025 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020025 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | D | B D A | D A | D A | D A | D A | D B A | B A | B A | B A | B A | B |
| 2026020040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Delinquent Credit History Does Not Meet Guideline Requirements | Delinquent Credit History Does Not Meet Guideline Requirements Per Guidelines-No collections in the last XXX months. The borrower has XXX collections reporting within the past XXX months. #XXX Date Reported XXX with $XXX balance and #XXX Date Reported XXX with a balance of $XXX. The file contains a Collection Agency receipt confirming acct #XXX from XXX Fin confirming a collection account is paid in full. | Document Uploaded. Uploaded XXX. | XXX | Lender exception for collections reporting within XXX months approved by investor on XXX. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020040 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Asset XXX Does Not Meet Guideline Requirements | Asset Record XXX Does Not Meet G/L Requirements | Hi, can you pls be more specific on what you need for us to get this cleared? Thanks | XXX | No issues with assets per auditor-invalid finding. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Asset XXX Does Not Meet Guideline Requirements | Asset Record XXX Does Not Meet G/L Requirements. | Hi, can you pls be more specific on what you need for us to get this cleared? Thanks | XXX | No issues with assets per auditor-invalid finding. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020030 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020028 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Guidelines state a XXX YR term qualified at XXX YR AM full PITIA Payment. Please revise the 1008 and CRSE using the correct XXX payment calculation. | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present. Updated 1008/CRSE with the corrected amounts provided.; Material | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D B A | D B A | D B A | D B A | D B A | B A | B A | B A | B A | B |
| 2026020028 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Incorrect XXX used - XXX form model XXX used for Same Lender or Lender Affiliate Refinance | Incorrect rescission model used - RTC form model XXX (New Creditor) used for Same Lender or Lender Affiliate Refinance Documentation required: The consumer was provided the incorrect RTC version. The consumer is refinancing with new advance of money with the same creditor. Model XXX was provided; because the property is located in XXX, model XXX should have been used. | Document Uploaded. Hi I know this can't be cleared until Tues, but all has been delivered to Bwr, thanks | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D B A | D B A | D B A | D B A | D B A | B A | B A | B A | B A | B |
| 2026020028 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Compliant | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | D | B D A | D B A | D B A | D B A | D B A | D B A | B A | B A | B A | B A | B |
| 2026020012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing Please provide documentation to support the co-borrowers Pension income. |  |  | Income removed. Updated 1003, 1008, and XXX received. Condition cleared.; Document Uploaded. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing Please provide documentation to support the borrowers other income. | Document Uploaded. The attached should clear both open findings | XXX | Income removed. Updated 1003, 1008, and XXX received. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020012 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Compliant | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020116 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only; Material ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020116 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only; Material ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020116 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Material ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | The Purchase Contract Closing date is XXX. Provide a signed Purchase Contract Extension to XXX. | Hi, can you pls re-review as section XXX item XXX on the Sales Contract states it must close w/in XXX days of acceptance. Bwr accepted on XXX and closed XXX, thanks | XXX | Contract reflected XXX to be XXX days after acceptance date of XXX. Loan closed on XXX which was XXX days. Condition rescinded.; Material | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX ; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX ; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX required: A refund in the amount of $XXX, cure package: PCCD with LOE, copy of refund and proof of delivery or initial CD. The Mortgage Broker and Underwriting fees increased on the final CD; however, there's a missing initial CD from the loan file. | I'm a bit confused as you requested the Initial CD and you have resolved that issue, now you are stating again its missing? Pls advise | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). XXX XXX required: A refund in the amount of $XXX, cure package: PCCD with LOE, copy of refund and proof of delivery or initial CD. The Mortgage Mortgage recording fee increased on the final CD; however, there's a missing initial CD from the loan file. | I'm a bit confused as you requested the Initial CD and you have resolved that issue, now you are stating again its missing? Pls advise | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Initial CD missing from loan file. The CD in the file was issued XXX; Per Disclosure Initial CD should be issued XXX. Please provide Initial CD as well as evidence it was received within required XXX day period. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. The attached should clear the open conditions | XXX | Intial CD provided; exception resolved; Intial CD provided; exception resolved | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX ; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX ; Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | The Purchase Contract Closing date is XXX. Provide a signed Purchase Contract Extension to XXX. | Document Uploaded. | XXX | Lender exception for not obtaining a purchase contract extension approved by investor on XXX. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Provide a corrected Credit Risk Summary & Exception Approval that reflects the accurate Total Gross Income used. Per 1008 the the qualifying income is $XXX. CRSE reflects $XXX. | Document Uploaded. Pls note there are XXX separate XXX..one for each Bwr is attached | XXX | Approval/Underwriting Summary is fully present; Material | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX ; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX ; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX ; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | XXX Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The zero tolerance violation in the amount of $XXX is due to the addition of the $XXX appraisal re-inspection fee on the final CD dated XXX without valid COC. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. ; Pls note that we received the Invoice on XXX and that is what the XXX states. XXX needs to understand that we update the XXX once the Broker provides us w/the Invoice until then we cant know/do anything until received. Changed Circumstance Description(s):<br> Other - XXX Invoice Provided<br> Comments:<br> Other - XXX Invoice Provided<br> Pls advise | XXX | Cure package provided to the borrower; exception downgraded to a XXX/XXX; Cure package provided to the borrower; exception downgraded to a XXX/XXX; The triggering event is when the broker has the information sufficient to establish that a changed circumstance has occurred. Compliance testing guides treat the broker as an extension of the creditor for these purposes, and their knowledge is the creditor's knowledge for compliance timing purposes. Information delivered to an agent (broker) is considered delivered to the the creditor and knowledge of the creditor's agent is imputed to the creditor. In addition, the appraisal received by the lender was dated XXX was listed as subject to | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing Income - Bank Statements | Lenders Income calculation worksheet is missing. Please provide the document for review. | Document Uploaded. | XXX | Quick Calc Income Worksheet received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Guidelines require a VOE dated within XXX days of closing. Please provide a VOE dated XXX or later. | Document Uploaded. | XXX | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020015 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Credit | Appraisal date is greater than XXX days from Origination date. |  | Change status of 'Appraisal date is greater than XXX days from Origination date.' from Active to Open Rebuttal.; XXX - Updated Appraisal is needed. Page XXX of the appraisal shows Effective Date of Appraisal is XXX (typo?). Provide updated appraisal to resolve issue. ; XXX - Received updated appraisal showing effective date of XXX. Exception cleared. ; Appraisal dated XXX, effective date; expired; per GLs. XXX Appraisal Age;<br> Appraisals for existing, proposed, and XXX loans will be valid for XXX-days from the appraisal's effective date. A recertification of value is acceptable XXX-days thru XXX-days. After XXX-days, the appraisal is expired and a new appraisal will be required. Lender to provide XXX to recertify value. Page XXX and page XXX show date XXX. | XXX | Appraisal date is within XXX days of Note date. | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Credit | Borrower Liabilities Verification Indicator is Partial | Borrower liabilities verified indicator is Partial- final 1003 page XXX does not include departing primary, XXX; no status, ie, sold, investment or other. XXX Bank XXX on XXX page XXX with no pmt and no identification to what XXX; lender to provide XXX list with mortgage identification for further review. | Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XXX - Received updated documentation resolving the issues with the XXX. Exception cleared. | XXX | Borrower liabilities verified indicator is Present | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Credit | Borrower Employment Verification does not meet guidelines | CPA letter page XXX not dated; Lender to provide an updated XXX letter; The exception 'Borrower Employment Verification does not meet guidelines' is thrown.<br> From fields in template:<br> B1 Employment Verification Meet Guidelines ---- No | Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.;<br> XXX2 - Re-reviewed. XXX does not have to dated. Exception cleared. | XXX | XXX does not have to be dated. Exception cleared. | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020111 | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Closed | XXX | Resolved | XXX | Property | Third Party Valuation Product not Provided | Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.; CU score XXX no LCA collateral not eligible |  |  | Third Party Valuation Product Provided. Correction. | XXX | Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XX.; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower 1 has significant job time - Borrower has XXX years on job; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years A | A | A D C | A D | A D C | A D | A D | A | A | A | A | A | A |
| 2026020255 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020255 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Documentation Required: Missing a copy of the initial CD that was provided to the borrower within XXX days of closing XXX. Also please provide any COC's that may go with the missing CD This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal XXX holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. |  |  | Initial CD provided; Exception resolved; Initial CD provided; Exception resolved; Document Uploaded. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130B Cure Required in the amount of $XXX. Cure package requires PCCD, LOE, copy of refund check, proof of delivery or valid COC to explain why the mortgage recording fee increased. |  |  | Valid XXX provided; Exception resolved; Valid XXX provided; Exception resolved; Document Uploaded. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020016 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% limit for non permanent resident alien with FICO of XXX | XXX: 1008 in file |  | XXX: Waived | XXX | FICO XXX, XXX, DSCR XXX B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020113 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020010 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Credit | Sales Contract Missing or Defective | Missing sales contract with correct purchase price of $XXX. Please provide updated sales contract | XXX: Contract |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020115 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020026 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020021 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive Cash-Out Refinance | $XXX Cash to Borrower > $XXX maximum limit when LTV is XXX% | XXX: XXX |  | XXX: Waived | XXX | FICO XXX, XXX, XXX months reserves 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 |
| 2026020021 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Property | Ineligible Property – Zoning Non-compliance | Property is zoned as commercial which is ineligible as per guidelines | XXX: LOE |  | XXX: Received | XXX | C B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020033 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020001 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020098 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020104 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020103 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Property | DSCR Minimum Not Met | Audit DSCR of .XXX does not align with client DSCR of .XXX Monthly Breakdown: Income $XXX/ PI $XXX, Insurance $XXX, Taxes $XXX. Please opine | XXX: Updated DSCR |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020101 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020081 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020100 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Property | Appraisal Review - Missing | Missing Appraisal Review for subject property: XXX | XXX: Appraisal review |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020128 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020094 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020079 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020091 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020077 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Credit | Title Insurance Coverage - Inadequate Coverage | Provided title insurance is a preliminary policy with no coverage amount or mortgagee clause. Please provide a title supplement or updated title insurance to meet guideline requirements. | XXX: Title |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020120 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020039 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Credit | Title Insurance Coverage - Inadequate Coverage | $XXX title insurance coverage < $XXX minimum coverage required on supplemental report | XXX: Title |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020078 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020085 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020090 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Property | Subject Property Lease - Missing or Defective | Missing XXX months rent receipts to use as qualifying rent | XXX: Rent |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020093 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Credit | Title Insurance Coverage - Inadequate Coverage | $XXX title insurance coverage < $XXX minimum coverage required | XXX: Title |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020075 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The Loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020074 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020119 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020071 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020080 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020048 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020056 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020076 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020073 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020055 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% max allowed for short-term rentals qualified based on XXX | XXX: XXX |  | XXX: Waived | XXX | FICO XXX, DSCR XXX, XXX months reserves 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 |
| 2026020072 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020067 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020096 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020126 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020049 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020058 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | The loans meets all applicable guidelines. | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020124 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020046 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020062 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Credit | Closing Disclosure/Settlement Statement Missing or Defective | Missing final closing disclosure/settlement statement for the subject property: XXX | XXX: CD |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020041 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020047 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020035 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020031 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020019 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020027 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | Property | Hazard Insurance Missing or Defective | XXX is missing mortgagee clause after lender's name. Please provide updated hazard policy with XXX/XXX verbiage | XXX: Uploaded haz with mortgagee updated. |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020036 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020114 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Resolved | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Rescinded | XXX | Compliance | High-Cost Mortgage Pre-Loan Counseling Date Test | This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a XXX XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a XXX XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a chattel loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §1026.32; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the XXX of Housing and XXX Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2604(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. Fees included: $XXX mortgage broker fee, discount points $XXX and UW $XXX. Provide an undiscounted rate in order to exclude any discount points. | Document Uploaded. Uploaded undiscounted rate. | XXX | Undiscounted rate in file; exception resolved; Undiscounted rate in file; exception resolved | XXX | C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Rescinded | XXX | Compliance | High-Cost Mortgage Points and Fees Threshold Test | This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: (12 CFR §1026.32(a)(1)(ii)(A), (B))The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX. Fees included: $XXX mortgage broker fee, discount points $XXX and UW $XXX. Provide an undiscounted rate in order to exclude any discount points. | Uploaded to other finding. | XXX | Undiscounted rate in file; exception resolved; Undiscounted rate in file; exception resolved | XXX | C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Rescinded | XXX | Compliance | High-Cost Mortgage Timing of Disclosure Test | This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: (12 CFR §1026.31(c))The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least three business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. Fees included: $XXX mortgage broker fee, discount points $XXX and UW $XXX. Provide an undiscounted rate in order to exclude any discount points. | Uploaded to other finding. | XXX | Undiscounted rate in file; exception resolved; Undiscounted rate in file; exception resolved | XXX | C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML compliant |  |  | XXX Compliant | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset XXX Missing | Asset XXX Missing Missing proof of Proceeds from Secured Loan from 1003, Section XXX. | Document Uploaded. CD uploaded. Proceeds on CD are higher than what XXX used to qualify. | XXX | Final CD with net proceeds received. Condition cleared. | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing proof of PITIA for the property on XXX. | Document Uploaded. Uploaded XXX CD - shows PITIA. | XXX | PITIA for XXX received. Condition cleared. | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The F1003 reflects that the borrower is a XXX. The file contains a XXX and XXX card-Valid for Work Only. Please provide an explanation for the discrepancy and any corrected documentation as they apply to the borrower's legal status in the XXX. | Document Uploaded. Broker provided signed updated initial 1003 with residency updated to XXX. Please also see updated final 1003 reflecting the same. The UW forgot to update our system. | XXX | The Final 1003 is Present | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | XXX is Missing | Missing XXX Missing master policy | Document Uploaded. Uploaded XXX. | XXX | XXX is fully present | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Compliant | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020054 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Rescinded | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 Credit Report is Missing. The broker's credit report appears to be dated XXX and is not in the file. | Document Uploaded. The XXX credit report was used for qualifying. | XXX | XXX Credit report dated XXX referenced on comparison report (XXX) would have been > XXX days old at time of closing, therefore, XXX pulled a new report on XXX (XXX) and used that to qualify. Condition rescinded. | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020054 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020054 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX; Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020007 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% max allowed per guidelines for loan amounts below $XXX. | XXX: Waived via XXX |  | XXX: Waived | XXX | DSCR XXX, FICO XXX, XXX months reserves B A | N/A | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020002 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require a VOE dated XXX days prior to closing. Please provide a VOD dated XXX or later. | Document Uploaded. Uploaded XXX. | XXX | Borrower 1 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | The Purchase Contract Expired XXX. Please provide a signed Purchase Contract Extension to XXX. | Document Uploaded. Upload notice of extension for XXX days. | XXX | Contract extension to XXX received. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020112 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Asset Documentation Missing or Defective | $XXX verified assets< $XXX required assets. Please provide a final HUD for the subject property: XXX to verify the proceeds from the secured loan. | XXX: Asset |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020004 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.24

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.24**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| 2026020131 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020108 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020132 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020102 |  |  | XXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 2026020099 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020092 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020083 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020130 |  |  | XXX D | C | C | C | C | C A D B | A | A | A | A | A B |
| 2026020089 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020088 |  |  | XXX C | B | B | B | B | B A C | A | A | A | A | A |
| 2026020107 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020084 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020105 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020068 |  |  | XXX A | D | D | D | D | D A | A | A | A | A | A |
| 2026020118 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020070 |  |  | XXX B | A | A | A | A | A B | A | A | A | A | A |
| 2026020082 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020121 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020064 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020087 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020052 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020069 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020059 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020066 |  |  | XXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 2026020086 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020109 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020129 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020051 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020106 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020110 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020050 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020125 |  |  | XXX D | B | B | B | B | B A D | A | A | A | A | A |
| 2026020127 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020123 |  |  | XXX D | C | C | C | C | C A D | A | A | A | A | A |
| 2026020060 |  |  | XXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 2026020097 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020122 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020042 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020065 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020057 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020053 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020037 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020043 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020022 |  |  | XXX A | C | C | C | C | C A | B | B | B | B | B A |
| 2026020034 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020023 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020029 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020020 |  |  | XXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 2026020038 |  |  | XXX D | D | D | D | D | D A | B | B | B | B | B A |
| 2026020017 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020025 |  |  | XXX A | D | D | D | D | D A | B | B | B | B | B A |
| 2026020040 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020030 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020028 |  |  | XXX B | D | D | D | D | D A | B | B | B | B | B A |
| 2026020012 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020116 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020009 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020032 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020018 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020014 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020063 |  |  | XXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 2026020011 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020015 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020005 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020111 |  | XXX | XXX D C | A | A | A | A | A D | A | A | A | A | A |
| 2026020255 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020209 |  |  | XXX A | C | C | C | C | C A | A | A | A | A | A |
| 2026020016 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2026020024 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020113 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020010 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020115 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020008 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020026 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020021 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2026020033 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020006 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020001 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020104 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020098 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020103 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020101 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020095 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020100 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020081 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020128 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020091 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020094 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020077 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020079 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020120 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020078 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020085 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020090 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020075 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020093 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020074 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020080 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020071 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020119 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020056 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020048 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020076 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020073 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020055 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2026020072 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020067 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020096 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020126 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020049 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020058 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020124 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020046 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020062 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020044 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020045 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020041 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020047 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020039 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020035 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020031 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020019 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020117 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020027 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020036 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020114 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020013 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020054 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020007 |  |  | XXX B | N/A | N/A | N/A | N/A | N/A B | N/A | N/A | N/A | N/A | N/A B |
| 2026020002 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020003 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020112 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020004 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.25

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.25**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **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** |
| 2026020131 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4 |  |
| 2026020108 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020132 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2026020102 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1 |  |
| 2026020099 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020092 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020083 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020130 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.9 |  |
| 2026020089 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020088 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 2026020107 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0676 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.06 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020084 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020105 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020068 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 2026020118 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| 2026020070 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.1 |  |
| 2026020082 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.7 |  |
| 2026020121 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020064 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.1 |  |
| 2026020061 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020087 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| 2026020052 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020069 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020059 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020066 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020086 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020109 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020129 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.6 |  |
| 2026020051 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 2026020106 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0375 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.1 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.7 |  |
| 2026020110 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| 2026020050 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020125 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020127 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020123 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 |  |
| 2026020060 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020097 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.4 |  |
| 2026020122 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| 2026020042 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0391 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 2026020065 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.3 |  |
| 2026020057 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020053 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 2026020037 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| 2026020043 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020022 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020034 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| 2026020023 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020029 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020020 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 |  |
| 2026020038 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020017 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | -.1045 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.02 | Clear Capital | ClearAVM | XXX | XXX | XXX | .0000 | Clearcapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 |  |
| 2026020025 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 |  |
| 2026020040 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 |  |
| 2026020030 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020028 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2026020012 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 2026020116 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.5 |  |
| 2026020009 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | -.0069 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2026020032 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 2026020018 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020014 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020063 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0107 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.08 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2026020011 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0101 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2026020015 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020005 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.6 |  |
| 2026020003 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.4 |  |
| 2026020111 |  |  |  | XXX |  |  | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| 2026020255 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020209 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020016 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020024 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020113 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020010 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2026020115 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.3 |  |
| 2026020008 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| 2026020026 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2026020021 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020033 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020006 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020001 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | XXX | XXX | 7% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020104 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3.56% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020098 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| 2026020103 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020101 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020095 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020100 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% |  | XXX | URAR Form 1004 Form 70 |  |  | Eligible | 2 |  |
| 2026020081 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.3 |  |
| 2026020128 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020091 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020094 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5.49% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020077 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |
| 2026020079 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020120 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% |  | XXX | URAR Form 1004 Form 70 |  |  | Not Eligible | N/A |  |
| 2026020078 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020085 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020090 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020075 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020093 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020074 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020080 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020071 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020119 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020056 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020048 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 2026020076 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020073 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020055 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% |  | XXX | Form 1073 |  |  | Eligible | 1 |  |
| 2026020072 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020067 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020096 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020126 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020049 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020058 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020124 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% |  | XXX | URAR Form 1004 Form 70 |  |  | Not Eligible | N/A |  |
| 2026020046 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020062 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020044 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020045 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020041 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 2026020047 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.4 |  |
| 2026020039 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020035 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020031 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020019 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020117 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% |  | XXX | URAR Form 1004 Form 70 |  |  | Eligible | 1 |  |
| 2026020027 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020036 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020114 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2.27% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020013 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020054 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020007 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | Clear Capital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2026020002 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020112 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.6 |  |
| 2026020004 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form 70 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |

---

## Exhibit 99.26

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.26**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020131 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs |
| 2026020131 | Qualifying Housing Debt Income Ratio | XXX | XXX | Variance is due to using the debt payments from the origination credit report. |
| 2026020131 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using updated credit report |
| 2026020131 | Qualifying All Borrower Residual Income | XXX | XXX | Variance is due to using the debt payments from the origination credit report. |
| 2026020108 | Qualifying Total Reserves Number of Months | XXX | XXX | verified assets match 1008 |
| 2026020108 | Qualifying Housing Debt Income Ratio | XXX | XXX | review housing payment not reconciled to 1008 |
| 2026020108 | Qualifying All Borrower Residual Income | XXX | XXX | review housing payment not reconciled to 1008 |
| 2026020108 | Qualifying Total Debt Income Ratio | XXX | XXX | review housing payment not reconciled to 1008 |
| 2026020132 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs |
| 2026020132 | Application Date | XXX | XXX | Verified XXX per Disclosure Tracking Summary |
| 2026020132 | Qualifying Housing Debt Income Ratio | XXX | XXX | Figure is correct and matches the 1008 |
| 2026020132 | Qualifying All Borrower Residual Income | XXX | XXX | Figure is correct and matches the 1008 |
| 2026020132 | Qualifying Total Debt Income Ratio | XXX | XXX | DTI variance is due to using the debt from the origination credit report plus XXX accts listed on the final 1003. |
| 2026020102 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using updated credit report |
| 2026020102 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using updated credit report |
| 2026020099 | Qualifying Total Reserves Number of Months | XXX | XXX | Confirmed based on the asset docs in file. |
| 2026020099 | Qualifying All Borrower Residual Income | XXX | XXX | Tape Data is rounded to the full dollar. |
| 2026020092 | Qualifying Total Reserves Number of Months | XXX | XXX | Broker credit report vs. lender |
| 2026020092 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020083 | Qualifying Total Reserves Number of Months | XXX | XXX | verified assets at closing |
| 2026020083 | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding |
| 2026020083 | Qualifying All Borrower Residual Income | XXX | XXX | lender did not include XXX ins premium |
| 2026020130 | Property Address | XXX | XXX | Same data |
| 2026020130 | Qualifying CLTV | XXX | XXX | The number is XXX, there is a rounding difference |
| 2026020130 | Qualifying LTV | XXX | XXX | The number is XXX, there is a rounding difference |
| 2026020130 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets in the file |
| 2026020130 | Qualifying Total Debt Income Ratio | XXX | XXX | This figure is correct and matches docs in the file |
| 2026020130 | Qualifying Housing Debt Income Ratio | XXX | XXX | This figure is correct and matches docs in the file |
| 2026020130 | Qualifying All Borrower Residual Income | XXX | XXX | This figure is correct and matches docs in the file |
| 2026020089 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020088 | Qualifying Housing Debt Income Ratio | XXX | XXX | Difference in calculation for borrower's primary residence. Please see notes for more details. |
| 2026020088 | Qualifying Total Debt Income Ratio | XXX | XXX | Difference in calculation for borrower's primary residence. Please see notes for more details. |
| 2026020088 | Qualifying All Borrower Residual Income | XXX | XXX | Difference in calculation for borrower's primary residence. Please see notes for more details. |
| 2026020107 | Qualifying Total Debt Income Ratio | XXX | XXX | Broker credit report has slightly higher recurring debt than Lender report. |
| 2026020107 | Qualifying All Borrower Residual Income | XXX | XXX | Broker credit report has slightly higher recurring debt than Lender report. |
| 2026020084 | Qualifying Total Reserves Number of Months | XXX | XXX | asset balances as of closing |
| 2026020084 | Qualifying All Borrower Residual Income | XXX | XXX | rounding |
| 2026020105 | Qualifying Total Reserves Number of Months | XXX | XXX | Proceeds from sale were estimated higher on the 1003 than actual. |
| 2026020105 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020105 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020068 | Qualifying Total Reserves Number of Months | XXX | XXX | per assets listed on 1003. |
| 2026020068 | Qualifying Total Debt Income Ratio | XXX | XXX | $XXX variance per updated XXX. |
| 2026020068 | Qualifying All Borrower Residual Income | XXX | XXX | $XXX variance per updated XXX. |
| 2026020118 | Qualifying Total Reserves Number of Months | XXX | XXX | verified balances at closing used for assets. small variance, reserves still meet guidelines |
| 2026020118 | Qualifying Total Debt Income Ratio | XXX | XXX | broker v lender XXX. minor variance, no impact on qualification or guideline compliance |
| 2026020118 | Qualifying Housing Debt Income Ratio | XXX | XXX | added HOA fee that had been exluded |
| 2026020118 | Qualifying All Borrower Residual Income | XXX | XXX | broker v lender XXX. minor variance, no impact on qualification or guideline compliance |
| 2026020070 | Qualifying Total Reserves Number of Months | XXX | XXX | Rounding difference |
| 2026020070 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020082 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020082 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020121 | Qualifying Total Reserves Number of Months | XXX | XXX | Reserves are based on the most recent bk acct balance from the acct listed on the final 1003 and cash-out. |
| 2026020121 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020064 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX. |
| 2026020064 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX. |
| 2026020064 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit report dated XXX. |
| 2026020064 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |
| 2026020061 | Qualifying Total Debt Income Ratio | XXX | XXX | Difference in monthly liabilities from broker credit report specifically deferred student loan |
| 2026020061 | Qualifying All Borrower Residual Income | XXX | XXX | Difference in monthly liabilities from broker credit report |
| 2026020087 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit report dated XXX |
| 2026020087 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX |
| 2026020087 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX |
| 2026020087 | Qualifying Total Reserves Number of Months | XXX | XXX | Lender is counting XXX asset account twice and did not provide documentation for another asset account. |
| 2026020087 | Qualifying Housing Debt Income Ratio | XXX | XXX | Rounding difference |
| 2026020087 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender has calculated several of the same liabilities for both borrower XXX and borrower XXX |
| 2026020087 | Qualifying All Borrower Residual Income | XXX | XXX | Lender has calculated several of the same liabilities for both borrower XXX and borrower XXX |
| 2026020052 | Property Type | XXX | XXX |  |
| 2026020052 | Qualifying Total Reserves Number of Months | XXX | XXX | Missing proof of funds from sale of property. The file is short funds to close and reserves. |
| 2026020052 | Qualifying All Borrower Residual Income | XXX | XXX | True Data is actual figures and not rounded. |
| 2026020069 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on assets documented in the file and accounts listed on the final 1003. |
| 2026020069 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020059 | Qualifying Total Debt Income Ratio | XXX | XXX | Using debt payments from the origination credit report. |
| 2026020059 | Qualifying All Borrower Residual Income | XXX | XXX | Using debt payments from the origination credit report. |
| 2026020066 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020086 | Qualifying Total Reserves Number of Months | XXX | XXX | Rounding difference |
| 2026020086 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020109 | Borrower 1 Origination Equifax | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Borrower 2 Origination Experian | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Borrower 1 Origination Experian | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Borrower 1 Origination TransUnion | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Borrower 2 Origination Equifax | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Borrower 2 Origination TransUnion | XXX | XXX | XXX score taken from credit report dated XXX matching the credit risk summary |
| 2026020109 | Qualifying Total Reserves Number of Months | XXX | XXX | Calculated from assets in file |
| 2026020109 | Qualifying All Borrower Residual Income | XXX | XXX | Difference of $XXX cents |
| 2026020129 | Application Date | XXX | XXX | Per Disclosure Tracking Detail |
| 2026020129 | Qualifying Total Reserves Number of Months | XXX | XXX | Using verified assets that are documented in the file. |
| 2026020129 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020129 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020051 | Qualifying Total Reserves Number of Months | XXX | XXX | Gift funds not included |
| 2026020051 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020051 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020106 | Qualifying FICO | XXX | XXX | Audit score based on credit reports dated XXX and XXX. |
| 2026020106 | Qualifying Total Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020106 | Qualifying All Borrower Residual Income | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020110 | Borrower 1 Self-Employment Flag | XXX | XXX | No employment shown for XXX on the 1003 |
| 2026020110 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX |
| 2026020110 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit report dated XXX |
| 2026020110 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX |
| 2026020110 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020110 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020050 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs in the file |
| 2026020050 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender transferred the total XXX payment incorrectly prior to dividing by XXX months |
| 2026020050 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020050 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020125 | Qualifying Total Reserves Number of Months | XXX | XXX | Using the most recent assets in the file. F1003 does not list account numbers. Acct XXX, XXX and XXX. most recent balances. |
| 2026020125 | Qualifying Total Debt Income Ratio | XXX | XXX | 1008 DTI is XXX%. Using the debt payments from the origination credit report. |
| 2026020125 | Qualifying Housing Debt Income Ratio | XXX | XXX | 1008 XXX is XXX%. Taxes used to qualify are higher that what is shown on the title commitment |
| 2026020125 | Underwriting Exception in File? | XXX | XXX | overdrafts were written up and presented to management because they exceeded program allowance. Compensating factors were cited to move forward with the approval |
| 2026020125 | Qualifying All Borrower Residual Income | XXX | XXX | Debt is based on the origination credit report payments. |
| 2026020127 | Qualifying Total Debt Income Ratio | XXX | XXX | Lenders calculation for REO property at XXX is slightly off. |
| 2026020127 | Qualifying All Borrower Residual Income | XXX | XXX | Lenders calculation for REO property at XXX is slightly off. |
| 2026020123 | Qualifying Total Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports. |
| 2026020123 | Qualifying All Borrower Residual Income | XXX | XXX | Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports. |
| 2026020060 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020060 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020097 | Borrower 1 Last Name | XXX | XXX | Per Note & Mortgage |
| 2026020097 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX |
| 2026020097 | Borrower 1 Origination TransUnion | XXX | XXX | Per credit report dated XXX |
| 2026020097 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX |
| 2026020097 | Qualifying Total Reserves Number of Months | XXX | XXX | Using verified assets stated on the XXX and XXX is verified. |
| 2026020097 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020122 | Property Address | XXX | XXX | Same data |
| 2026020122 | Initial Monthly P&I Or XXX Payment | XXX | XXX | Guidelines state XXX YR term qualified at XXX YR AM full PITIA Payment |
| 2026020122 | Application Date | XXX | XXX | Per initial 1003 |
| 2026020122 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020122 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020042 | Qualifying Total Debt Income Ratio | XXX | XXX | Using debt payments from the origination credit report. |
| 2026020042 | Qualifying All Borrower Residual Income | XXX | XXX | Using the debt payments from the origination credit report. |
| 2026020065 | Qualifying Total Reserves Number of Months | XXX | XXX | Per assets in the file |
| 2026020057 | Qualifying LTV | XXX | XXX | Rounding. |
| 2026020057 | Qualifying CLTV | XXX | XXX | Rounding |
| 2026020057 | Qualifying Total Reserves Number of Months | XXX | XXX | Audit total assets available for reserves after closing. |
| 2026020057 | Qualifying Total Debt Income Ratio | XXX | XXX | Using re-verified income and the debt from the origination credit report. |
| 2026020057 | Qualifying All Borrower Residual Income | XXX | XXX | Using re-verified income and the debt from the origination credit report. |
| 2026020053 | Qualifying Total Debt Income Ratio | XXX | XXX |  |
| 2026020053 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020037 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020037 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020043 | Qualifying Total Reserves Number of Months | XXX | XXX | Most recent account balance for the account listed on the final 1003, XXX funds to close with earnest money verified. |
| 2026020043 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding |
| 2026020022 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020034 | Qualifying Total Debt Income Ratio | XXX | XXX |  |
| 2026020034 | Qualifying All Borrower Residual Income | XXX | XXX | Using broker credit |
| 2026020023 | Qualifying Total Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020023 | Qualifying All Borrower Residual Income | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020029 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020020 | Borrower 1 Self-Employment Flag | XXX | XXX | Per 1003, Borrower XXX is an employee. |
| 2026020020 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report and missed the XXX Card Liability |
| 2026020020 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report and missed the XXX Card Liability |
| 2026020038 | Qualifying Total Debt Income Ratio | XXX | XXX | Lenders file has documentation of additional REOs with no PITI information. Using debt from origination credit report.. |
| 2026020038 | Qualifying All Borrower Residual Income | XXX | XXX | Lenders file has documentation of additional REOs with no PITI information. Using debt from origination credit report. |
| 2026020017 | Qualifying Total Reserves Number of Months | XXX | XXX | Using the most recent bank account balances minus $XXX deposit to Chase from XXX. |
| 2026020017 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender using a higher qualifying income for XXX |
| 2026020017 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender using a higher qualifying income for XXX |
| 2026020017 | Qualifying All Borrower Residual Income | XXX | XXX | Lender using a higher qualifying income for XXX |
| 2026020025 | Qualifying FICO | XXX | XXX | XXX is using XXX mid-score. XXX is XXX mid-score. |
| 2026020025 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding |
| 2026020040 | Qualifying FICO | XXX | XXX | XXX defaults to XXX when income is the same |
| 2026020040 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on the verified assets documented in the file. Gift funds are verified and not qualified for reserves. Subtracted the gift funds from the current account balance. Earnest money is verified. |
| 2026020040 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020040 | Underwriting Exception in File? | XXX | XXX |  |
| 2026020040 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020030 | Cash Disbursement Date | XXX | XXX | Disbursement date per final cd is XXX |
| 2026020030 | Qualifying Total Reserves Number of Months | XXX | XXX | XXX XXX XXX has housing expenses that were not calculated .Auditor verified XXX that was not included in the DTI |
| 2026020030 | Qualifying Total Debt Income Ratio | XXX | XXX | XXX XXX XXX has housing expenses that were not calculated .Auditor verified XXX that was not included in the DTI |
| 2026020028 | Initial Monthly P&I Or XXX Payment | XXX | XXX | Lender is not using the XXX year QM calculated rate |
| 2026020028 | Cash Disbursement Date | XXX | XXX | Compliance entry |
| 2026020028 | Qualifying Total Reserves Number of Months | XXX | XXX | Lender is not using the XXX year QM calculated rate |
| 2026020028 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is not using the XXX year QM calculated rate |
| 2026020028 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender is not using the XXX year QM calculated rate |
| 2026020028 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is not using the XXX year QM calculated rate |
| 2026020012 | Qualifying FICO | XXX | XXX | Primary borrowers score is used |
| 2026020012 | Qualifying Total Reserves Number of Months | XXX | XXX | Lender calculated several assets twice |
| 2026020012 | Qualifying Housing Debt Income Ratio | XXX | XXX |  |
| 2026020012 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020012 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020116 | Qualifying LTV | XXX | XXX | Rounding. 1008 reflects XXX% LTV. |
| 2026020116 | Qualifying CLTV | XXX | XXX | Rounding. 1008 reflects XXX% LTV. |
| 2026020116 | Qualifying Total Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020116 | Qualifying All Borrower Residual Income | XXX | XXX | Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. |
| 2026020009 | Qualifying FICO | XXX | XXX | XXX defaults to XXX |
| 2026020009 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020009 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020032 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020032 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020018 | Borrower 1 Origination Equifax | XXX | XXX | Per borrower XXX credit report dated XXX, XXX is defaulting the the XXX. |
| 2026020018 | Borrower 1 Origination TransUnion | XXX | XXX | Per borrower XXX credit report dated XXX, XXX is defaulting the the XXX. |
| 2026020018 | Qualifying FICO | XXX | XXX | Per borrower XXX credit report dated XXX, XXX is defaulting the the XXX. |
| 2026020018 | Borrower 1 Origination Experian | XXX | XXX | Per borrower XXX report dated XXX, XXX is defaulting the the XXX. |
| 2026020018 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020018 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020014 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020014 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020063 | Qualifying CLTV | XXX | XXX | Rounding difference |
| 2026020063 | Qualifying LTV | XXX | XXX | Rounding difference |
| 2026020063 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding difference |
| 2026020011 | Qualifying Housing Debt Income Ratio | XXX | XXX | Rounding |
| 2026020011 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020015 | Borrower 1 Last Name | XXX | XXX | Per Mortgage and license |
| 2026020015 | Qualifying Housing Debt Income Ratio | XXX | XXX | Rounding difference |
| 2026020015 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020015 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020005 | Note Date | XXX | XXX |  |
| 2026020005 | Qualifying FICO | XXX | XXX | lender used XXX report scores |
| 2026020005 | Borrower 1 Origination Experian | XXX | XXX | lender used XXX report scores |
| 2026020005 | Borrower 1 Origination Equifax | XXX | XXX | lender used XXX report scores |
| 2026020005 | Borrower 1 Origination TransUnion | XXX | XXX | lender used XXX report scores |
| 2026020005 | Qualifying Total Reserves Number of Months | XXX | XXX | nominal variance with no material effect |
| 2026020005 | Qualifying Total Debt Income Ratio | XXX | XXX | nominal variance with no material effect |
| 2026020005 | Qualifying Housing Debt Income Ratio | XXX | XXX | nominal variance with no material effect |
| 2026020005 | Qualifying All Borrower Residual Income | XXX | XXX | nominal variance with no material effect |
| 2026020003 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020003 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020111 | Occupancy | XXX | XXX | FALSE |
| 2026020111 | Originator_DTI | XXX | XXX | FALSE |
| 2026020111 | Property_Type | XXX | XXX | FALSE |
| 2026020255 | Property Address | XXX | XXX | Property address per note. |
| 2026020255 | Loan Program | XXX | XXX | Loan program per guidelines. |
| 2026020255 | Prepayment Penalty | XXX | XXX | XXX confirmed using XXX addendum to note/Rider. |
| 2026020209 | Loan Program | XXX | XXX | Loan program per guidelines. |
| 2026020209 | Property Type | XXX | XXX | Property type per appraisal. |
| 2026020113 | Cash Out Amount | XXX | XXX |  |
| 2026020113 | Months Reserves | XXX | XXX |  |
| 2026020021 | Note Date | XXX | XXX | note reflects XXX |
| 2026020021 | Months Reserves | XXX | XXX | Using cash out amount from CD |
| 2026020104 | Gross Rent | XXX | XXX | Same |
| 2026020104 | Months Reserves | XXX | XXX | #XXX $XXX, #XXX $XXX, XXX% of retirement account |
| 2026020103 | Mo. Hazard | XXX | XXX |  |
| 2026020103 | Months Reserves | XXX | XXX |  |
| 2026020100 | Gross Rent | XXX | XXX | Using market rent off 1007 |
| 2026020100 | DSCR | XXX | XXX | Income $XXX / PI $XXX, Taxes $XXX, Insurance $XXX, HOA $XXX |
| 2026020096 | Gross Rent | XXX | XXX | Missing lease |
| 2026020096 | DSCR | XXX | XXX | Missing lease |
| 2026020094 | STR | XXX | XXX | XXX pro and XXX documents in file for subject property |
| 2026020094 | Qualifying FICO | XXX | XXX | Taking the higherof |
| 2026020093 | Cash Out Amount | XXX | XXX | Signed closing disclosure dated XXX reflects $XXX |
| 2026020093 | Months Reserves | XXX | XXX | Cash out amount of $XXX, #XXX reflects $XXX, #XXX reflects $XXX, #XXX reflectsXXX, #XXX reflectsXXX |
| 2026020072 | Cash Out Amount | XXX | XXX |  |
| 2026020072 | Months Reserves | XXX | XXX | Cash out In the amount of $XXX |
| 2026020055 | Mo. Tax | XXX | XXX | Per 1008 - Assessment of $XXX/mo added to PITIA |
| 2026020049 | Qualifying FICO | XXX | XXX | Taking the higher |
| 2026020049 | Mo. Tax | XXX | XXX | Taken from tax cert |
| 2026020049 | DSCR | XXX | XXX | Breakdown: Income $XXX/ PI $XXX, Taxes $XXX, Insurance $XXX |
| 2026020049 | Months Reserves | XXX | XXX | Cash out amount of $XXX |
| 2026020047 | STR | XXX | XXX |  |
| 2026020046 | Mo. Tax | XXX | XXX |  |
| 2026020046 | Months Reserves | XXX | XXX | #XXX reflecting $XXX, #XXX/XXX reflecting $XXX, XXX XXX% reflecting $XXX |
| 2026020044 | Months Reserves | XXX | XXX |  |
| 2026020039 | DSCR | XXX | XXX | Market rent: $XXX / PITIA: $XXX |
| 2026020035 | Mo. Hazard | XXX | XXX | Hazard insurance in file reflects $XXX |
| 2026020035 | DSCR | XXX | XXX | Hazard insurance differs |
| 2026020035 | Months Reserves | XXX | XXX | Cash out amount of $XXX |
| 2026020031 | Mo. Hazard | XXX | XXX | Hazard insurance in file reflects $XXX |
| 2026020128 | DSCR | XXX | XXX | Matches CRSE |
| 2026020128 | Months Reserves | XXX | XXX | Cash out amunt of $XXX |
| 2026020117 | Property Type | XXX | XXX |  |
| 2026020013 | Qualifying Total Reserves Number of Months | XXX | XXX | Matches 1003 - using XXX% of business acct and funds from secured loan |
| 2026020013 | Qualifying Total Debt Income Ratio | XXX | XXX | using brokers credit |
| 2026020013 | Qualifying All Borrower Residual Income | XXX | XXX | Using brokers credit |
| 2026020054 | Seller Name | XXX | XXX | The seller name is verified within the file documentation. |
| 2026020054 | Borrower 1 Last Name | XXX | XXX | Borrowers last name is XXX XXX as verified by the Note and Mortgage. |
| 2026020054 | Borrower 1 Origination Experian | XXX | XXX | Credit scores are supported by the credit report. |
| 2026020054 | Borrower 1 Origination Equifax | XXX | XXX | Credit scores are supported by the credit report. |
| 2026020054 | Borrower 1 Origination TransUnion | XXX | XXX | Credit scores are supported by the credit report. |
| 2026020054 | Qualifying Total Debt Income Ratio | XXX | XXX | DTI is supported by the credit report and liabilities and income documentation in the file. Discrepancy is due to debts on credit report. |
| 2026020054 | Qualifying Housing Debt Income Ratio | XXX | XXX | The housing DTI is supported by the credit report and liabilities and income documentation in the file. |
| 2026020054 | Qualifying All Borrower Residual Income | XXX | XXX | Residual income is supported by the income documentation and credit documents in the file. |
| 2026020004 | Mo. Tax | XXX | XXX | Including property, City and school taxes. |

---

## Exhibit 99.27

[AOMT II, LLLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.27**

![](ex9927001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-2**

**<u>Description of the due diligence performed</u>**

**Overview of the assets that were reviewed**

Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions ("Incenter Diligence"), performed an independent third-party due diligence review of 3 loans acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review was performed from October 2025 through November 2025 using the scope of review described herein, which was agreed to at the time of review. The results of the review performed by Incenter Diligence only reflect information concerning the related loans on which such review was performed as of the date such review was performed based on the scope of review used as of the date such review was performed and not as of any subsequent date. Incenter Diligence has not subsequently performed any review with respect to the loans, and Incenter Diligence will not be required to complete or provide any additional, new, or refreshed review or results with respect to the loans.

**Sampling of assets**

Incenter Diligence follows the nationally recognized statistical rating organizations, NRSRO(s), criteria. For all originators, Incenter Diligence performed review on 100% of the loans. The loan population was 3 loans for an aggregate original principal balance of $3,332,008.00.

The review was conducted in accordance with the following NRSRO(s) Third Party Due Diligence Criteria:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 1, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, February 2, 2021 |

---

**Data integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report.

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The data comparison consisted of the following data fields:

---

| |
|:---|
| &nbsp;&nbsp;**Data Compare Field Name** |
| &nbsp;&nbsp;ARM Interest Data |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &nbsp;&nbsp;Borrower 2 FTHB |
| &nbsp;&nbsp;Doc Type |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Original Loan Term |
| &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Originator DSCR |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;QM Designation |
| &nbsp;&nbsp;Qualifying Appraised Value |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total DTI |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subordinate Lien Amount |
| &nbsp;&nbsp;Underwriting Guideline Name |

---

**Underwriting Conformity (<u>Standard Residential Loans</u>)**

Incenter Diligence performed a complete review of all loan files, as supplied by the Client, to determine whether the loans were originated in accordance with the underwriting guidelines provided by the Client (which, for the avoidance of doubt, may be either the Client's or a third party's underwriting guidelines), eligibility requirements, Ability to Repay (ATR), Qualified Mortgage and Appendix Q requirements (where applicable), and applicable Policies & Procedures, noting any exceptions and compensating factors. The review included, where applicable, the following items:

**Conformance to Ability to Repay (ATR) standards** – Incenter Diligence reviewed each loan to validate that the underwriter correctly assessed the borrower's ability to repay based on employment and credit/repayment history, income and assets, projected monthly payment and current obligations, debt to income ratio, and other information provided to support ability to repay prior to originating the loan.

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![](ex9927001.jpg)

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate that the appropriate employment and income documentation, such as pay stubs, tax transcripts,
and bank statements, was provided and used to accurately qualify the borrower according to guidelines. Recalculate the borrower's
income and debt to determine the appropriate debt to income ratio in accordance with the guidelines. Validate borrower's
employment history and confirm that the appropriate income and assets were used to qualify. Make a reasonable assessment of whether
there are any indications that income documentation may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate that assets used to qualify the borrower match the documentation in the file and the information
used to calculate down payment, closing costs, and reserves meet program guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review exceptions, compensating factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review program guidelines against the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review the loan approval against all supporting documentation and loan application to verify accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the initial loan application against the final loan application or other loan applications
found in the file to validate the application was signed and properly completed and to expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm that credit report(s) and verification of mortgage or rental history, when required, have
been provided for all borrowers/guarantors, are consistent with loan approval, and meet guideline requirements. Verify whether
any fraud alerts are listed on the credit reports and make a reasonable assessment of whether the borrower's profile adheres
to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review the loan file for inconsistencies based on information derived from source documentation
provided in the loan file, for the purposes of identifying misrepresentations contained in the loan file, including with respect
to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review source documents for consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review the title report for possible judgments and other liens that may have existed upon origination;
verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify and validate the file contains sufficient property insurance coverage as required by guidelines;
confirm property insurance policy contains appropriate mortgagee clause. For subject properties located in a Special Flood Hazard
Area where flood insurance is required, verify and validate the file contains sufficient flood insurance coverage as required by
guidelines and that flood insurance policy contains appropriate mortgagee clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review property details on appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that Business Purpose Affidavit and Occupancy Affidavit, if applicable, were executed by
the borrowers/guarantors and confirm that document addresses are consistent with subject property address and do not match the
primary residence address.

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![](ex9927001.jpg)

**Underwriting Conformity (<u>Business Purpose/DSCR</u>)**

For each loan, Incenter Diligence validated conformance to Client supplied and program requirements and noted any exceptions. Unless otherwise directed by the Client, no regulatory compliance review was performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate Conformance to Product Type and Eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Financing Terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Loan Product

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Seasoning

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Geographic Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. LTV/CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Transaction Types: Verify Conformance with Business Purpose Loan Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Business Purpose Affidavit – verify signed Borrower Statement of Business Purpose is present
in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Non-Owner Occupancy – verify Occupancy certification is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Validate that there is no information in the loan that contradicts occupancy type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review Debt Service Coverage Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review Cash Flow and Expense Factor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review Hazard/Flood Insurance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review preliminary Title Report/Commitment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Credit Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Validate documentation requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Verify acceptable Residency Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Review credit reports used to qualify borrower, as well as consumer credit history/charge offs/collections,
and cite any exceptions or unusual findings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Evaluate credit scores and tradelines against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Evaluate other debt obligations (alimony, child support, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. If required, verify that a 3rd party fraud report (DataVerify, etc.) is contained in the loan file
and review findings to confirm all deficiencies were resolved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Evaluate borrower's mortgage/rental payment history using credit reports or other information
supplied in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Verify that all judgements/liens/tax liens have been satisfied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Verify that any bankruptcy, foreclosure or forbearance activity is in accordance with guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Perform a review of all asset information supplied in the loan file against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Evaluate borrowers' asset utilization and verify sufficient liquid assets to supplement income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Perform a rental income analysis using the information supplied in the loan file as per the guidelines

**Property Valuation Review (Standard Residential and Business Purpose/DSCR Loans)**

Incenter Diligence reviewed all loans to validate the original appraisal report was provided in the loan file and that it is substantially complete. The evaluation will include the following components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review the original appraisal report to ensure the valuation was performed by a licensed appraiser
and in accordance with guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify subject property type meets applicable guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Note any exceptions to stated value or appraisal guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Verify value used to calculate LTV/CLTV and note any deviations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that the loan and property data within the appraisal report matches the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the appraisal report to ensure report value is "as is" or, if report is "subject
to", that there is an associated completion report resolving all noted issues, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Review additional valuation products in the file; if there is a variance greater than 10% below
the appraisal value, Client will be notified and an additional independent valuation product will be obtained as requested.

Page **4** of **18**

![](ex9927001.jpg)

**Regulatory Compliance Review (Standard Residential Loans Only, Unless Otherwise Requested)**

Incenter Diligence's Regulatory Compliance analysis is intended to expose certain potential risk associated with the loans examined. It is strictly limited to the review scope outlined below and is based solely on the accuracy of the documentation and data supplied by the Client or other agreed upon third parties. The review findings are not guaranteed to encompass all critical elements related to the underwriting, origination or regulatory compliance status of the loans examined. Further, the findings are not to be construed as guidance on future indicators of positive or negative performance.

Incenter Diligence will perform a review of all loans supplied by the Client to verify all documentation provided is complete and complies with all applicable federal and state regulatory requirements, in addition to following the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (now the Structured Finance Association or "SFA") (the "SFIG Compliance Review Scope"), as amended from time to time, and the advice of outside counsel. As it relates to TILA-RESPA Integrated Disclosures ("TRID") testing, Incenter Diligence works with outside counsel on an ongoing basis to understand and interpret compliance regulations based on recent guidance by the Consumer Financial Protection Bureau (the "CFPB") that has created deviations in the TRID review scope and related exceptions/cures. The TRID-related review scope, outlined below and not performed for investment properties, will continue to be amended where appropriate as future guidance and rules are published. Incenter Diligence's conclusions are representative of best efforts to identify material risks and exceptions associated with each loan based on interpretation of the continually evolving regulations. Incenter Diligence maintains an active dialogue with outside counsel, Clients, Rating Agencies, SFA and other parties when interpreting compliance regulations and amending the review scope to accurately expose the risk associated with a loan. However, no guaranties can be made that the Review includes all areas of risk that may be present in the Transaction. In addition to the foregoing, Incenter Diligence utilizes nationally recognized integrated compliance analyzer tools.

Incenter Diligence does not employ personnel who are licensed to practice law in the various jurisdictions and the findings set forth in the reports prepared by Incenter Diligence do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Incenter Diligence. All final decisions as to whether to purchase or enter into a transaction related to any individual loan or the loans in the aggregate and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such loan or loans, shall be made solely by the clients that have engaged Incenter Diligence to prepare their reports pursuant to their instructions and guidelines. Client acknowledges and agrees that the scoring models applied by Incenter Diligence are designed to identify potential risk and the Client assumes sole responsibility for determining the suitability of the information for its particular use.

Incenter Diligence reviews each loan to validate compliance with the following federal and state regulatory requirements, whenever applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **Truth In Lending Act - 12 CFR §1026 ("TILA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal TILA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Finance Charge Test (12 CFR §1026.18(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It is understated by no more than $100; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Rescission Finance Charge Test (12 CFR §1026.23(h)(2)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It is understated by no more than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rescission Total of Payments Test ((12 CFR §1026.23(h)(2)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Is understated by no more than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Foreclosure Rescission Finance Charge and Total of Payments Tests (12 CFR §1026.23(h))

Page **5** of **18**

![](ex9927001.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;e. APR Test 12 CFR (§1026.22(a)(2), (4))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosed annual percentage rate (APR) is considered accurate because it is not more than 1/8
of 1 percentage (for regular transactions) or 1/4 of 1 percentage (for irregular transactions) point above or below the APR as
determined in accordance with the actuarial method; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The disclosed APR results from the disclosed finance charge, and the disclosed finance charge is
considered accurate under §1026.18(d)(1) (the finance charge test), or for purposes of rescission the disclosed finance charge
is considered accurate under §1026.23(g) or (h) (the rescission finance charge test or the foreclosure rescission finance
charge test), whichever applies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Right of Rescission Test (12 CFR §1026.23(a)(3), §1026.15(a)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The funding date is not before the third business day following consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The consumer may exercise the right to rescind until midnight of the third business day following
consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate Right of Rescission Notice was provided, and the correct form was used

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Dual Broker Compensation Test (12 CFR §1026.36(d)(2))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling, no loan originator shall receive compensation, directly or indirectly, from any other person other than
the consumer in connection with the transaction for loan origination activities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Loan Originator Credits Test (12 C.F.R. §1026.36(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Test that the initial disclosure (GFE/TIL/LE) does not contain any broker fees paid by the broker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Financing of Single Premium Credit Insurance Test (12 CFR §1026.36 (i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in
connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's
principal dwelling)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TIL Disclosure (Pre-TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. TIL Disclosure Date Test (12
CFR §1026.17(b),1026.19(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is a mortgage transaction subject to the Real Estate Settlement Procedures Act (12 U.S.C.
§2601 et seq.) that is secured by the consumer's dwelling; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The initial TIL disclosure date is not later than the third business day (counting days on which
the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor
receives the consumer's written application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The initial TIL disclosure date is not later than the seventh business day (counting all calendar
days except Sunday and specified legal public holidays) before consummation of the transaction, or the application date of the
loan is before July 30, 2009; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The loan is a "residential mortgage transaction" subject to the Real Estate Settlement
Procedures Act (12 U.S.C. §2601 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The initial TIL disclosure date is before consummation or three business days after the creditor
receives the consumer's written application, whichever is earlier; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Test the final TIL disclosure and any re-disclosed TIL(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The final TIL disclosure is properly executed; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. The final TIL disclosure and any re-disclosed TIL(s) is properly completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TILA RESPA Integrated Disclosures (TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Initial Loan Estimate Delivery Date Test (from application) (12 CFR §1026.19(e)(1)(iii)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i)
(provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Initial Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(1)(iii)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i)
(provision of loan estimate form) not later than the seventh business day before consummation of the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan Estimate (12 CFR §1026.19 and 37)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections of the disclosure determined to carry assignee liability were accurately
completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify final Loan Estimate was provided to borrower prior to the Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Written List of Service Providers (SSPL) Disclosure Date Test (12 CFR §1026.19(e)(1)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer
with a written list identifying available providers of that settlement service and stating that the consumer may choose a different
provider for that service. The creditor must identify at least one available provider for each settlement service for which the
consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the
disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Revised Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(4)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i)
on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive
a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation.
If the revised version of the disclosures required under §1026.19(e)(1)(i) is not provided to the consumer in person, the
consumer is considered to have received such version three business days after the creditor delivers or places such version in
the mail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Valid Change of Circumstances Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The changed circumstance(s) form was provided and the reason for re-disclosure is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Changed circumstance affecting settlement charges; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Changed circumstance affecting eligibility; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Revisions requested by the consumer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Expiration of initial loan estimate; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Delayed settlement date on a construction loan for new construction transactions only; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. The date the rate was set was not provided and interest rate dependent charges change once the
interest rate is locked; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The reason for re-disclosure is "Decrease in charges affecting settlement or eligibility,
a consumer-requested revision, or other non-tolerance-related re-disclosure;" or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The initial loan estimate was not delivered timely

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Initial Closing Disclosure Delivery Date Test (12 CFR §1026.19(f)(1)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i)
no later than three business days before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Closing Disclosure Test (12 CFR §1026.19 and 38)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections of the disclosure determined to carry assignee liability were accurately
completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Revised Closing Disclosure Delivery Date Test (waiting period vs. no waiting period required) (12
CFR §1026.19(f)(2)(i) & (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation,
the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the
corrected disclosures at or before consummation

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the consumer determines that the extension of credit is needed to meet a bona fide personal
financial emergency, the consumer may modify or waive the three-business-day waiting period for the revised closing disclosure
after receiving the disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. TRID Tolerance Testing - Charges That Cannot Increase Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge
paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. TRID Tolerance Testing - Charges That in Total Cannot Increase More Than 10% Test (12 CFR §1026.19(e)(3)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The aggregate amount of charges for third-party services and recording fees paid by or imposed
on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. TRID Tolerance Testing - Lender Credits That Cannot Decrease Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge
paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. TRID Reimbursement Amount Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. TRID Reimbursement Date Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Disclosure of Escrow Account (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the loan indicates an escrow account will be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); §1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4),(5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed in Section G – Initial Escrow Payment and Closing are accurate
(§1026.37(g)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Verify all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the loan indicates an escrow account will not be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); (§1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4), (5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Disclosure of Seller Paid Closing Costs (§1026.38(t)(5)(v)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. In transactions involving a seller, validate whether the lender disclosed all costs being paid
by the seller on the borrowers Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If seller paid fees are present on the borrower's Closing Disclosure, review the seller's
Closing Disclosure or alternative documentation for accuracy of disclosure

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;q. Post-consummation Event and Revised Closing Disclosure Delivery Date Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The post-consummation revised closing disclosure delivery date is not more than 60 calendar days
after the consummation date, or closing / settlement date if no consummation date was provided; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The provided reimbursement date is not more than 60 calendar days after the consummation date,
or closing / settlement date if no consummation date was provided

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;r. Non-numeric Clerical Error and Post-consummation Revised Closing Disclosure Delivery Date Test
(12 CFR §1026.19(f)(2)(iv))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor does not violate §1026.19(f)(1)(i) if the disclosures provided under §1026.19(f)(1)(i)
contain non-numeric clerical errors, provided the creditor delivers or places in the mail corrected disclosures no later than 60
days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;s. Loan Calculation Test on the Closing Disclosure (12 CFR §1026.38))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Amount Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total of Payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Total Interest Percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Qualified Mortgage / Ability To Repay – Dodd Frank

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Classification of QM designated loan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Validate whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage
loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable
percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Determination of conformity thresholds (Safe Harbor or Rebuttable Presumption)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Negative Amortization Loan (12 CFR 1026.43(e)(2)(i)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that a qualified mortgage is a covered transaction that provides for regular periodic payments
that are substantially equal and any interest rate change after consummation, along with the corresponding payment, does not result
in an increase of the principal balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Interest Only Loan (12 CFR 1026.43(e)(2)(i)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that no qualified mortgage loan allows the consumer to defer repayment of principal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Balloon Payment Loan (12 CFR 1026.43(e)(2)(i)(C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that no qualified mortgage results in a ballon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Loan Term (12 CFR 1026.43(e)(2)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered transaction for which the loan term does not exceed 30 years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Points and Fees (12 CFR §1026.43(e)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees do not exceed the qualified mortgage points and fees threshold

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DTI (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The ratio of the consumer's total monthly debt to total monthly income at the time of consummation
does not exceed 43 percent, calculated in accordance with Appendix Q

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For Fannie Mae and Freddie Mac, however, the revised QM rules become mandatory on July 1, 2021,
meaning that the QM Patch effectively terminates on July 1, 2021—and that all loans sold to Fannie and Freddie must comply
with the revised QM rules, effective July 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. For creditors not selling loans to Fannie Mae and/or Freddie Mac, loans underwritten from March 1, 2021 until October 1, 2022
will continue to apply the legacy QM rules; however, commencing July 1, 2021, legacy QM loans must be underwritten to Appendix
Q and NOT to the QM Patch.

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Stated another way, since the FHFA terminated the QM Patch, loans underwritten to the QM Patch after July 1 are no longer eligible for sale to the GSEs, and in effect, the QM Patch disappeared after that date, notwithstanding the CFPB's intent for it to continue until October 1, 2022. Hence, for non-agency loans, underwritten between July 1, 2021 and October 1, 2022, legacy QM loans must be underwritten in accordance with Appendix Q.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Client is required to advise regarding which application of QM/DTI or QM/APR rule for loans with
application dates between 03/01/2021 and 10/01/2022 for the proper evaluation of QM.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Loans underwritten after 10/1/2022 will be reviewed following the revised QM (QM 2.0) rules,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. APR (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan APR is not to exceed the APOR plus percentage threshold, calculated according to 12 CFR
§1026.43(e)(2)(vi). With a QM/APR optional test period for loans with application dates between 03/01/2021 and 10/01/2022
and mandatory compliance and testing for loans after 10/01/2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The APR on the loan does not exceed the threshold for the loan amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For a first-lien loan with a loan amount greater than or equal to $110,260 (indexed for inflation),
2.25 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For a first-lien loan with a loan amount greater than or equal to $66,156 (indexed for inflation),
but less than $110,260 (indexed for inflation), 3.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For a first lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or more
percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For a subordinate-lien loan with a loan amount great than or equal to $66,156 (indexed for inflation),
3.5 or more percentage points; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For a subordinate-lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or
more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Revised QM (QM 2.0)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. QM/DTI test will cease as of application dates on or after 10/01/2022

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In addition to the Generally Applicable Factors above, all Revised QM loans must meet the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Monthly Payment. The amount of the monthly payment on the loan is calculated using the maximum
rate that may apply during the first five years and considers the monthly payment for simultaneous loans and mortgage obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Consider and Verify. The creditor considers and verifies the consumer's current or expected
income and assets and debt and his DTI or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. As part of the "consider" requirement, Incenter Diligence will review the (i) creditor's
policies and procedures provided by Client, as well as any exceptions thereto, for how the creditor takes into account the underwriting
factors enumerated above, and (ii) the documentation retained by creditor, such as an underwriting worksheet or a final automated
underwriting system certification, showing how the creditor took these factors into account in its ability-to-repay determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Consider and Verify Safe Harbor (VSH). Creditor is deemed to have complied with this "verify"
requirement if it complies with the verification standards in one or more of these following agency manuals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020
including all subsequent updates; Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published
June 10, 2020 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Sections II.A.1 and II.A.4-5 of the Federal Housing Administration's Single-Family Housing
Policy Handbook, issued October 24, 2019 including all subsequent updates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February
22, 2019 including all subsequent updates;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single
Family Housing Program, revised March 15, 2019 including all subsequent updates; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single-Family
Guaranteed Loan Program, revised March 19, 2020 including all subsequent updates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For purposes of compliance with VSH, a creditor must comply with only those provisions in the manuals
that require creditors to verify income, assets, debt obligations, alimony and child support using specified documents or to classify
and count particular inflows, property, and obligations as income, assets, debt obligations, alimony, and child support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised versions of manuals. A creditor also complies with the verification safe harbor where it
complies with revised versions of the manuals listed above provided that the two versions are "substantially similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The QM 2.0 Rule permits the creditor to "mix and match" verification standards from
different agency manuals. Incenter Diligence will test the creditor's "verification" of third- party records
in instances when the creditor either uses (i) its own procedures or alternatively, (ii) the verification standards of one or more
of the agency handbooks listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note: the Client must provide written policies and procedures and related documentation such as
underwriter worksheets in order for Incenter Diligence to review loans under the QM 2.0 Rules, and in particular, with regard to
the "consider" and "verify" requirements. Further, if the Client intends to use the VSH, its written policies
and procedures must specify the precise agency handbook(s) that it is relying on with specific references to the particular provisions
addressing income, assets, debt obligations, alimony and child support using specified documents or to classify and count particular
inflows, property, and obligations as income, assets, debt obligations, alimony, and child support—as well as the specific
date(s) of the agency handbook(s) issuance, publication or revision. In addition, Incenter Diligence is not responsible for determining
whether revised versions of the manuals listed above are "substantially similar" for purposes of the VSH; such a determination
of the sole responsibility of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note: due to the inherent subjectivity of the foregoing "consider" and "verify"
requirements, Incenter Diligence will review the Client's: (i) policies and procedures and worksheets and (ii) methods and
criteria for verification of income and assets (regardless of whether the "safe harbor" is utilized) for content only,
and will not opine whether such policies and procedures, worksheets and verification methods and criteria themselves comply with
applicable law, and cannot guarantee that a court, governmental regulator, rating agency or another third party diligence provider
would reach the same conclusions using such work product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment Penalty (12 CFR 1026.43(g))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A covered transaction must not include a prepayment penalty unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The prepayment penalty is otherwise permitted by law; and the transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Has an annual percentage rate that cannot increase after consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Is a qualified mortgage under paragraph (e)(2), (e)(4), or (f) of this section; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Is not a Higher Priced Mortgage Loan, as defined in § 1026.35(a)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Home Ownership and Equity Protection Act – HOEPA (Sections 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Federal HOEPA coverage (12 CFR §1026.32(a)(1)(i), (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tests that the loan is/is not secured by the consumer's principal dwelling; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tests that the loan is/ is not an open-end credit plan; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. That the application date of the loan occurs before/after the effective date of October 1, 1995;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. That the date the creditor received application occurs on or after January 10, 2014, the effective
date of the High-Cost Mortgage amendments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High-Cost Mortgage APR threshold test (12 CFR §1026.32(a)(1)(i)(A), (C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is secured by a first-lien transaction, and the annual percentage rate (APR) does not
exceed the Average Prime Offer Rate by more than 6.5%; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The loan is a subordinate-lien transaction, and the annual percentage rate (APR), does not exceed
the Average Prime Offer Rate by more than 8.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. High-Cost Mortgage Points and Fees Threshold Test (12 CFR §1026.32(a)(1)(ii)(A), (B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The total points and fees do not exceed allowable limits per the given loan amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. High-Cost Mortgage Prepayment Penalty Threshold Test (12 CFR §1026.32(a)(1)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan contract or open-end credit agreement does not allow the creditor to charge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A prepayment penalty more than 36 months after consummation or account opening; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Prepayment penalties that can exceed, in total, more than 2 percent of the amount prepaid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. High-Cost Mortgage (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. High-Cost Mortgage Repayment Ability Test (12
CFR §1026.34(a)(4), 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Other high-costs tests pursuant to (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing of disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Negative amortization

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Prepayment penalty

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Pre-loan counseling

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Late charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Grace period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Financing of points and fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Higher Priced Mortgage Loan – HMPL (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Higher Priced Mortgage Loan tests (12 CFR §1026.35(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Higher Priced Mortgage Loan required escrow account test (12 CFR §1026.35(b))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Higher Priced Mortgage Loan required appraisal test (12 CFR §1026.35(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Prohibited Acts – Brokers Comp

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Broker Compensation Test (12 CFR §1026.36(d)(2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. No loan originator shall receive compensation, directly or indirectly, from any person other than
the consumer in connection with the transaction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No person who knows or has reason to know of the consumer-paid compensation to the loan originator
(other than the consumer) shall pay any compensation to a loan originator, directly or indirectly, in connection with the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Nationwide Mortgage Licensing System (NMLS) Tests (12 CFR §1026.36)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. review for presence of mortgage loan originator organization and individual mortgage loan originator
name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract, security instrument, Loan Estimate
and Closing Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. verify the data against the NMLSR database, as available

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Real Estate Settlement Procedures Act – 12 CFR §1024 ("RESPA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal RESPA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Homeownership Counseling Organizations Disclosure Date Test (12 CFR §1024.20(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not later than three business days after a lender, mortgage broker, or dealer receives an application,
or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written
list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The list of homeownership counseling organizations distributed to each loan applicant under this
section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Good Faith Estimate Disclosure Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not later than 3 business days after a loan originator (broker or lender) receives an application
for a federally related mortgage loan, or information sufficient to complete an application, the loan originator must provide the
applicant with a GFE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good Faith Estimate Disallowed Credit and Charge test (GFE Block 2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks for any amounts entered for both a loan discount fee and a yield spread premium or a lender
credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only one charge or one credit affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA Valuation Rule (12 CFR §1002.14(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review all applicable loans for the Disclosure of Right to Receive a Copy of Appraisals. Validate
if the customer(s) waived their right to receive copies of their appraisals three business days prior to consummation/account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review all applicable loans for proof that lender delivered copies of appraisals and other written
valuations three business days before consummation (closed-end), or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If the customer(s) waived their right to receive copies of their appraisals three business days
prior to consummation/account opening, review the Post-Closing submission for an Acknowledgment of Receipt of Appraisal Report,
or other proof that the lender provided the copies either at, or prior to, consummation or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher Priced Mortgage Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas Home Equity Loans

Page **13** of **18**

![](ex9927001.jpg)

**Document Review**

Incenter Diligence reviewed all mortgage loan files supplied and verified that the following documents, if applicable, were included in the file and that the data on the documents was consistent:

● Initial Application (1003)

● Final Application (1003)

● Loan Approval (1008)

● HUD1 from Sale of Previous Residence

● Loan Estimates and Closing Disclosures

● Sales Contract

● Mortgage/Deed of Trust

● Note

● Guaranty Agreement

● Occupancy Affidavit

● Lease Agreements

● Business Purpose Affidavit

● Junior Lien Information

● Subordination Agreement

● Income Documentation

● Employment Documentation

● Asset Documentation

● Credit Reports

● 4506T/Tax Documentation

● Change of Circumstance Documentation

● Disclosures: Right of Rescission, Net Tangible Benefit and FACTA

● Appraisal Valuation Reports

● Title/Preliminary Title

● Flood and Hazard Insurance Policies

● Flood Certificates

**Other review and methodology**

Not applicable.

Page **14** of **18**

![](ex9927001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**100.00%** |

---

Page **15** of **18**

![](ex9927001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp; **Credit** <br>**Grade A**<br>| &nbsp;&nbsp; **Credit** <br>**Grade B**<br>| &nbsp;&nbsp; **Credit** <br>**Grade C**<br>| &nbsp;&nbsp; **Credit** <br>**Grade D \***<br>|
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Borrower | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Debt | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Eligibility | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Title | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception Categories** | &nbsp;&nbsp;**Exception**<br> **Count** | &nbsp;&nbsp;**Compliance <br> Grade A** | &nbsp;&nbsp;**Compliance <br> Grade B** | &nbsp;&nbsp;**Compliance <br> Grade C** | &nbsp;&nbsp;**Compliance <br> Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Points & Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Right to Rescind | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;State Reg | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;TRID | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **18**

![](ex9927001.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception Categories** | &nbsp;&nbsp;**Exception <br> Count** | &nbsp;&nbsp; **Property** <br>**Grade A**<br>| &nbsp;&nbsp; **Property** <br>**Grade B**<br>| &nbsp;&nbsp; **Property** <br>**Grade C**<br>| &nbsp;&nbsp;**Property <br> Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

**Data Integrity Summary**

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Field Name** | &nbsp;&nbsp;**# of Discrepancies** | &nbsp;&nbsp;**% of Accuracy** |
| &nbsp;&nbsp;ARM Interest Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |

---

Page **17** of **18**

![](ex9927001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total DTI | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subordinate Lien Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Underwriting Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**97.30%** |

---

Page **18** of **18**

## Exhibit 99.28

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.28**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Exception Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Overall Initial Loan Grade** | **Overall Final Loan Grade** | **Credit Initial Loan Grade** | **Credit Current/Final Loan Grade** | **Compliance Initial Loan Grade** | **Compliance Current/Final Loan Grade** | **Property Initial Loan Grade** | **Property Current/Final Loan Grade** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Initial Finding Grade** | **Current/Final Finding Grade** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| XXX | 2026020337 |  | XXX | D | B | D | B | A | A | A | A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material | C | B | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received exception request, however exception disposition is not listed as Approved and is not signed by approving party. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received XXX report, however it is outside of XXX days of the Note Date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV isXXX% less than maximum LTV per guidelines XXX% | 1) XXX FICO is greater than XXX minimum<br> 2) XXX$ LTV is less than XXX% maximum<br> 3) XXX months of Reserves are greater than XXX month minimum | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes |
| XXX | 2026020337 |  | XXX | D | B | D | B | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 XXX Letter Missing | Resolved-Received supporting documentation for business ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached correct XXX for borrower's business to prove self-employment.<br>- Seller-XXX<br> Counter-Received XXX search, however borrower is not reflected as a director/officer. XXX letter required to support Ownership interest. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Letter Missing Missing verification must be from a third-party, such as a XXX, Enrolled Agent, XXX or Chartered Tax Adviser, Third-party Licensed Tax Preparer (excluding PTIN tax preparers) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. See attached correct XXX for borrower's business to prove self-employment.<br>- Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation for business ownership. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020337 |  | XXX | D | B | D | B | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Business Tax Returns Less Than XXX Months Provided | Resolved-Received XXX XXX P&L. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX and XXX P&L statement - Seller-XXX<br> Counter-Lender XXX received, however missing XXX P&L as required by guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 Business Tax Returns Less Than XXX Months Provided Missing XXX business (XXX) and personal tax returns per lender guidelines. Also must be signed by borrower. Per lender guidelines: XXX Individual Income Tax Return Form XXX for the most recent XXX-years and XXX Form XXX Income Tax Return for the XXX most recent XXX years (if the ownership is greater than or equal to XXX%.) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX and XXX P&L statement - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX P&L. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV isXXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020304 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Received Access letters from the remaining owners of the business. Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender XXX received, however insufficient to clear as bank statements provided do not support these are payroll deposits. Bank statements do not reflect history of borrower receiving these types of payroll deposits. Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX. Borrower is short reserves in the amount of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender XXX received regarding $XXX withdrawal from business account. Missing Access letters from the remaining owners of the business. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX Borrower is short reserves in the amount of $XXX due to lender guidelines stating Gift funds cannot be counted towards reserves, the whole balance of the borrowers XXX bank account #XXX is gift funds. Lender cannot consider using business funds for reserves as per lender guidelines the borrower must own XXX% of the businesses. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Access letters from the remaining owners of the business. Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| XXX | 2026020304 |  | XXX | C | A | C | A | A | A | A | A | Closed | XXX | XXX | XXX | Resolved | 1 - Information | C | A | Credit | Assets | Asset General | Resolved-Received Lender XXX and supporting documentation. Only $XXX deposit was sourced via check and Gift Letter - $XXX excluded from qualifying assets per XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender XXX received, however information conflicts with Processor XXX that $XXX gift was received on XXX, XXX along with Gift Letter. Still missing the cancelled check and Gift letter for the $XXX deposit made in borrowers XXX Bank acct #XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing the cancelled check and Gift letter for the $XXX deposit made in borrowers XXX Bank acct #XXX on XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Lender XXX and supporting documentation. Only $XXX deposit was sourced XXX check and Gift Letter - $XXX excluded from qualifying assets per XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |

---

## Exhibit 99.29

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.29**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Rating Agency Grades |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** |
| XXX | 2026020337 |  | XXX | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXX | 2026020335 |  | XXX | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXX | 2026020304 |  | XXX | XXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.30

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.30**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Valuation Summary |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXX | 2026020337 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXX | 2026020335 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.1029 | 1004 URAR |  |  |  |  | XXX | XXX | -.1029 | XXX | 1004 URAR |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| XXX | 2026020304 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX |  |  |  |  |  |  |  |  | 0.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1 | XXX |

---

## Exhibit 99.31

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.31**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: |  |  | Report Date: | XXX |  |  |  |  |
| Client Name: | XXX | XXX | Report: | Final Tape Compare |  |  |  |  |
| Deal Name: | XXX | XXX | Loans in report: | XXX |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 2026020337 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2026020335 |  | XXX | XXX | Note Date | notePage | XXX | XXX |
| XXX | 2026020335 |  | XXX | XXX | Underwriting Guideline Product Name | businessPurposeApprovalandGuidelinePage | XXX | XXX |
| XXX | 2026020304 |  | XXX | XXX | Note Date | notePage | XXX | XXX |

---

## Exhibit 99.32

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.32**

![](ex9932001.jpg)

![](ex9932002.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-2**

**February 9, 2026**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

0 \| P a g e

![](ex9932001.jpg)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 16.0 |
| Tape Integrity Review Results Summary | 17.0 |
| Additional Loan Population Summary | 17.0 |

---

1 \| P a g e

![](ex9932001.jpg)

**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

2 \| P a g e

![](ex9932001.jpg)

**DESCRIPTION OF THE DUE DILIGENCE PERFORMED**

**(1) Type of assets that were reviewed.**

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Angel Oak Mortgage Operating Partnership, LP ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of thirty-four (34) mortgage loans that were originally reviewed from June 2025 to December 2025.

**(2) Sample size of the assets reviewed.** 

The mortgage loan review was broken down into the following review scopes:

&nbsp;&nbsp;&nbsp;&nbsp;■ "Compliance Review" 4<sup>1</sup> Mortgage Loan

&nbsp;&nbsp;&nbsp;&nbsp;■ "Credit Review" 34 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;■ "Property Review" 34 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;■ "Data Integrity" 34 Mortgage Loans

**(3) Determination of the sample size and computation.**

Infinity is not aware of the overall sample size for the securitization as the Review only covered the portion of the loans in the securitization reviewed by Infinity.

**(4) Quality or integrity of information or data about the assets: review and methodology.**

For thirty-four (34) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

---

<sup>1</sup> Twenty-six (26) exempt loans were not subject to a compliance review and did not receive a compliance grade. Four (4) loans were not subject to a compliance review but are graded A for compliance as it was confirmed to be exempt investor loans with no consumer purpose.

3 \| P a g e

&nbsp;&nbsp;&nbsp;&nbsp;

![](ex9932001.jpg)

**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Infinity conducted a credit review for thirty-four (34) mortgage loans. At that time, Infinity reviewed the asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Infinity and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

There were 5 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

**Credit Application:** For the Credit Application, Infinity verified that the application: (i) was signed by all listed borrowers, (ii) was substantially filled out, (iii) contained all known borrower-owned properties on the Real Estate Owned section 2, and (iv) included the borrower's employment history

**Credit Report:** Infinity's review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower's credit profile adhered to guidelines. In order to make this determination, Infinity: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt to income ratio as appropriate, and (iv) gathered date required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

**Employment and Income:** Infinity determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn't fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, and (vi) IRS tax transcripts.

**Asset Review:** Infinity assessed whether the asset documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file. Utilizing this documentation, Infinity completed a review of the reserve calculation and any large deposits. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may have included: (i) verification-of-deposit ("VOD(s)"), (ii) depository account statements, (iii) stock or security account statements, (iv) gift funds, (v) escrow or earnest money deposits, and (vi) settlement statements or other evidence of conveyance and transfer of funds (if a sale of assets was involved).

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Infinity. During the course of this review, Infinity (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the debt-to-income ("DTI") calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

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**Occupancy Review:** Infinity confirmed the property occupancy is consistent with the mortgage loan approval and borrowers' application disclosure based solely on information contained in the mortgage loan file and any fraud report obtained in connection with the mortgage loan.

**Guideline Review:** During the course of the review, Infinity confirmed the mortgage loan was originated in accordance with required guidelines by reviewing conformity of mortgage loan, transaction type, and borrower characteristics to stated guidelines. Mortgage characteristics examined included (i) DTI of the borrower, (ii) the LTV/TLTV/HTLTV, (iii) the credit score for each borrower, (iv) asset reserves of the borrower, (v) property type, (vi) property usage, and (vii) other property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

**Fraud Review:** Infinity reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, Infinity conditioned the mortgage loan for the missing fraud report product.

If a report was present, Infinity reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, Infinity confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

**Title Review:** Infinity's review included a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

**Additional Review of Mortgage Loan File:** Infinity also reviewed the closing documents to ensure that the mortgage loan file information is complete, accurate, and contains consistent documentation. Included in the portion of the review are items such as reviewing for (i) evidence of primary mortgage insurance, (ii) if the property is located in an area(s) listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats at the time of origination.

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**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for twenty-six (26) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

**(6) Value of collateral securing the assets: review and methodology.**

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for thirty-four (34) mortgage loans. For these thirty-four (34) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

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Infinity's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. Infinity's review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

With regard to the use of comparable properties, Infinity's review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of Infinity's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to Infinity or if it was not directly accessible that another valuation product that was directly accessible to Infinity was ordered in accordance with the Client's specific valuation waterfall process.

If more than one valuation was provided, Infinity confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Infinity created an exception and worked with the client on the next steps which may include the ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Infinity's review resulted in a variance of more than 10% then the client was notified of such variance and a second independent valuation product was ordered.

**(7) Compliance of the originator of the assets with federal, state and local laws and regulations: review and methodology.**

Infinity completed a Compliance Review on four (4) mortgage loans. Twenty-six (26) exempt loans were not subject to a compliance review and did not receive a compliance grade. Four (4) loans were not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

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Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

Please be further advised that Infinity does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Infinity do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Infinity. Information contained in any Infinity report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Infinity to prepare its reports pursuant to its instructions and guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Infinity are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Infinity does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Infinity.

Infinity reviewed each residential mortgage loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the mortgage loan complies with:

**(I) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) failure
 to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) failure
 to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

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ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) inaccurate
 Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR
 to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) points
 and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) APR
 threshold test; and

ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 relevant documentation to determine if compensation to a Loan Originator was based on
 a term of the transaction;

ii) review relevant document to determine if there was dual compensation; and

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note:
 Where available, Infinity reviewed the relevant documents in the mortgage loan file and,
 as necessary, attempted to obtain the mortgage loan originator compensation agreement
 and/or governing policies and procedures of the mortgage loan originator. In the absence
 of the mortgage loan originator compensation agreement and/or governing policies and
 procedures, Infinity's review was limited to formal general statements of entity
 compliance provided by the mortgage loan originator, if any. These statements, for example,
 were in the form of a letter signed by the seller correspondent/mortgage loan originator
 or representations in the mortgage loan purchase agreement between the Client and seller
 correspondent;

&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage
 loan to a first time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the terms of the mortgage loan require arbitration or any other non-judicial procedure
 to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;j) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

ii) verify the data against the NMLSR database, as available.

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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;

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ix) confirm that the creditor provided the borrower a list of homeownership counselling organizations within three (3) business days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x) confirm
 that the list of homeownership counselling organizations was obtained no earlier than
 30 days prior to when the list was provided to the mortgage loan applicant.

**(III) Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm
 that any written estimate of terms or costs provided prior to receipt of a LE contained
 the required disclosures;

vi) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

viii) confirm borrower received LE not later than four (4) business days prior to consummation; and

ix) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) identify
 tolerance violations based on the charges disclosed on the initial and interim LE's,
 initial CD, and reflected on the final CD;

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD, confirm that the creditor cured the violations no later than 60 days after consummation, or within 60 days of discovery; and

vii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation. (In an attempt to establish a best practices approach to pre-securitization due diligence, as it applies to TILA RESPA Integrated Disclosure testing, the Structured Finance Industry Group ("SFIG") has a working group that consists of industry participants including third party review providers and law firms who agreed to a standardized approach to remediation considerations. This approach is intended to be based on a reasoned legal analysis that expressly assumes that courts will interpret TRID in accordance with the principals of liability set forth in the letter to the MBA from Richard Cordray, the Director of the CFPB. No assurances can be provided that the courts in question will interpret TRID in accordance with the SFIG Compliance Review Scope.)

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&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Your Home Loan Toolkit (§1026.19):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage
 loan file contains documentary evidence that the disclosure was provided to the borrower;
 and

ii) confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business days after receipt of application.

**(IV) Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) The
 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) Refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d));

&nbsp;&nbsp;&nbsp;&nbsp;c) Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and
 the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;d) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

Infinity reviews applicable mortgage loans for compliance with the ATR and QM rule requirements based upon each mortgage loan's originator designation (Safe Harbor QM, Higher-priced QM, Temporary SHQM, Temporary HPQM, Non-QM, Exempt from ATR). Infinity determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, Infinity notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan designation. Additionally, Infinity notes if an originator mortgage loan designation was not provided.

<u>Qualified Mortgage</u>

With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, Infinity reviews the mortgage loan to determine whether, based on available information in the mortgage loan file: (i) the mortgage loan contains risky mortgage loan features and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

If a mortgage loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, Infinity reviews the mortgage loan to determine whether, based on available information in the file, if the mortgage loan satisfied (i), (ii) and (iii) in the preceding paragraph. In addition, Infinity reviews the Automated Underwriting System output within the file to confirm agency eligibility.

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For each QM designated mortgage loan that satisfied the applicable requirements enumerated above, Infinity then determines whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage. The Review also includes determining, as applicable, whether a

mortgage loan is a qualified mortgage as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.).

For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, Infinity then determines whether the mortgage loan complies with the ATR rule consideration and verification requirements and provides a due diligence designation of Non-QM compliant or non-compliant.

<u>General Ability to Repay</u>

Infinity reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Infinity reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Infinity does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Infinity's review is based on information contained in the mortgage loan file at the time it is provided to Infinity to review, and only reflects information as of that point in time.

**(V) The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) timing
 and content of the right to receive copy of appraisal disclosure;

ii) charging of a fee for a copy of the appraisal or other written valuation;

iii) timing of creditor providing a copy of each appraisal or other written valuation; and

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**(VI) Fannie Mae points and fees limitations and HOEPA restrictions as addressed in Fannie Mae Announcement 04-06, as amended by Lender Letters LL-2013-05 and LL-2013-06 and Selling Guide Announcement SEL-2013-06;** 

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&nbsp;&nbsp;&nbsp;&nbsp;

![](ex9932001.jpg)

**(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**

Infinity noted the presence of recorded documents, when available. However, the majority of mortgage loans in the review population were new production and have only been closed for days or weeks at the time Infinity reviewed the mortgage loans and thus have not yet been recorded. Infinity verified that documents in the file (most typically closing instructions) included lender instructions for recording, and as applicable, the date the documents were sent for recording, and/or the date that the documents will be recorded.

As part of the portion of the Review described in this section, Infinity will analyze and capture data from the source documents identified in the Document Review below, as applicable.

**(XI) FIRREA Review**

Infinity confirmed that the appraiser and the appraisal made by such appraiser both satisfied the pr industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate.

In addition, Infinity accessed the ASC database to verify that the appraiser, and if applicable the appraiser's supervisor, were licensed and in good standing at the time the appraisal was completed.

**(XII) Document Review**

Infinity reviewed each mortgage loan file and verified if the following documents, if applicable, were included in the file and if the data on these documents was consistent (where applicable):

&nbsp;&nbsp;&nbsp;&nbsp;&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;

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![](ex9932001.jpg)

&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.

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![](ex9932001.jpg)

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

The nationally recognized statistical rating organization ("NRSRO") criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the ABS Due Diligence 15E, Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (34 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers thirty-four (34) mortgage loans. Within those mortgage loans, Infinity graded thirty (30) mortgage loans as "A" and four (4) mortgage loan as "B".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;31 | &nbsp;&nbsp;33 | &nbsp;&nbsp;30 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;91.18% | &nbsp;&nbsp;97.06% | &nbsp;&nbsp;88.24% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;8.82% | &nbsp;&nbsp;2.94% | &nbsp;&nbsp;11.76% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;31 | &nbsp;&nbsp;33 | &nbsp;&nbsp;30 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;91.18% | &nbsp;&nbsp;97.06% | &nbsp;&nbsp;88.24% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;8.82% | &nbsp;&nbsp;2.94% | &nbsp;&nbsp;11.76% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

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![](ex9932001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (34 MORTGAGE LOANS)**

Of the thirty-four (34) mortgage loans reviewed, 4 (11.76%) mortgage loans had tape discrepancies across three (3) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Purpose of Transaction per HUD-1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Sales Price (HUD-1 Line 101) | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Subject Property Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;34 | &nbsp;&nbsp;8.82% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (34 MORTGAGE LOANS)**

\*Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$17859140.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$17859140.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$17859140.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$17859140.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi - Purpose/Unknown | &nbsp;&nbsp;14 | &nbsp;&nbsp;41.18% | &nbsp;&nbsp;$6886400.00 | &nbsp;&nbsp;38.56% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.94% | &nbsp;&nbsp;$1160000.00 | &nbsp;&nbsp;6.50% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;11.76% | &nbsp;&nbsp;$2398900.00 | &nbsp;&nbsp;13.43% |
| &nbsp;&nbsp;Rate/Term Refinance – Borrower initiated | &nbsp;&nbsp;14 | &nbsp;&nbsp;41.18% | &nbsp;&nbsp;$6445840.00 | &nbsp;&nbsp;36.09% |
| &nbsp;&nbsp;Other | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.94% | &nbsp;&nbsp;$968000.00 | &nbsp;&nbsp;5.42% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$17859140.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;4 | &nbsp;&nbsp;11.76% | &nbsp;&nbsp;$4675250.00 | &nbsp;&nbsp;26.18% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;30 | &nbsp;&nbsp;88.24% | &nbsp;&nbsp;$13183890.00 | &nbsp;&nbsp;73.82% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$17859140.00** | &nbsp;&nbsp;**100.00%** |

---

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![](ex9932001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;4 | &nbsp;&nbsp;11.76% | &nbsp;&nbsp;$7620000.00 | &nbsp;&nbsp;42.67% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;30 | &nbsp;&nbsp;88.24% | &nbsp;&nbsp;$10239140.00 | &nbsp;&nbsp;57.33% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**34** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$17859140.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;Access Non-Qm Program Guidelines |
| &nbsp;&nbsp;Elite Access Non-QM Program |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf |
| &nbsp;&nbsp;REMN WS Access Non-QM Guidelines |
| &nbsp;&nbsp;REMN WS Elite Access Non-QM Guidelines |

---

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## Exhibit 99.33

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| 2026020593 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |
| 2026020587 |  | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Letter of Explanation (Credit) missing or unexecuted | Resolved-Resolved-XXX- Lox is received on 1008 document. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached 1008 that has comment that Borrower 3 - XXX is non occupant co-borrower and will not occupy - Buyer-XXX<br> Open-Borrower 3,XXX, currently resides at her primary residence located at XXX XXX. She is purchasing a new primary residence at XXX XXX Way. Provide a letter of explanation (XXX) to clarify that the current residence will be converted to a second home or investment property. - Due Diligence Vendor-XXX |  | Resolved-Resolved-XXX- XXX is received on 1008 document. - Due Diligence Vendor-XXX | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower 3 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 3 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A |
| 2026020585 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |
| 2026020591 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | NA |  |  |
| 2026020589 |  | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Credit history does not meet guidelines | Waived-Modification Waived-Modification < XXX years, dated XXX. XXX guideline. - Due Diligence Vendor-XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More Self-employed XXX years, Residual of XXX, Low DTI, XXX months <br> reserves. ATR/QM: Not Applicable ATR/QM: Not Applicable XXX XXX XXX XXX XXX Originator Pre-Close Yes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020589 |  | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Resolved - XXX - There is no HOA for the property at XXX. The revised Final 1003 document has been received without the HOA amount, and the condition has been resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Counter-Page-XXX of the Final 1003 lists an HOA fee of $XXX for the property located at #XXX. However, there is no supporting documentation to verify this amount. Since this HOA fee was included in the DTI calculation, if there is no HOA for the property, then please provide a revised Final 1003 and 1008. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Redfin listing confirms that there is No HOA for property - Buyer-XXX<br> Open-HOA document is missing for #XXX - Due Diligence Vendor-XXX |  | Resolved-Resolved - XXX - There is no HOA for the property at XXX. The revised Final 1003 document has been received without the HOA amount, and the condition has been resolved. - Due Diligence Vendor-XXX | Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| 2026020589 |  | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Evidence of Business Purpose use of Proceeds | Resolved-Resolved-XXX - Business purpose Document Received. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Business Purpose Disclosure stating how funds will be used or letter from borrower regarding the use of funds is missing. Business Purpose XXX is missing . - Due Diligence Vendor-XXX |  | Resolved-Resolved-XXX - Business purpose Document Received. - Due Diligence Vendor-XXX | Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| 2026020586 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |
| 2026020592 |  | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | The Final 1003 is Incomplete | Resolved-Resolved-XXX - Final 1003 Document Received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-The Final 1003 is Incomplete In Final 1003 Declaration page #XXX is Missing, - Due Diligence Vendor-XXX |  | Resolved-Resolved-XXX - Final 1003 Document Received. - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| 2026020592 |  | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Requesting an exception to proceed with this delayed financing transaction where the purpose is to recoup the business funds that were used to purchase the subject. The issue is that only XXX of the XXX owners of the business are on the loan as borrowers. The other owner of the business who is the XXX is not a borrower but a title holder on the property. Looking to proceed using these funds. Also looking for an exception to proceed with a first time landlord where the LTV based on the original purchase price exceeds the XXX of XXX% - Due Diligence Vendor-XXX |  | Waived-Requesting an exception to proceed with this delayed financing transaction where the purpose is to recoup the business funds that were used to purchase the subject. The issue is that only XXX of the XXX owners of the business are on the loan as borrowers. The other owner of the business who is the XXX is not a borrower but a title holder on the property. Looking to proceed using these funds. Also looking for an exception to proceed with a first time landlord where the LTV based on the original purchase price exceeds the cap of XXX% - Due Diligence Vendor-XXX | Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months | DSCR: XXX above requirement<br> Reserves (months): XXX months above requirement<br> Credit History: Clean credit profile |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes |
| 2026020588 |  | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-According to guideline Loan amounts>$XXX required credit committee approval, However currently we have exception approval provided in the file for the loan amount is exceeding the XXX. - Due Diligence Vendor-XXX |  | Waived-According to guideline Loan amounts>$XXX required credit committee approval, However currently we have exception approval provided in the file for the loan amount is exceeding the XXX. - Due Diligence Vendor-XXX | Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Low Credit Usage Ratio Of XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Calculated DTI Is Less Than The Guideline Maximum By XXX Percent (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Original LTV Is Below The Guideline Maximum By XXX Percent (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months | 1. Credit Score - XXX<br> 2. Employment Stability - XXX years<br> 3. Residual Income - $XXX<br> 4. Credit History - Good<br> 5. LTV - XXX%<br> 6. Reserves (months) - Using cash out |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes |

---

## Exhibit 99.34

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.34**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020593 |  |  | XXX A |
| 2026020587 |  |  | XXX D A |
| 2026020585 |  |  | XXX A |
| 2026020591 |  |  | XXX A |
| 2026020589 |  |  | XXX D A B |
| 2026020586 |  |  | XXX A |
| 2026020592 |  |  | XXX A D B |
| 2026020588 |  |  | XXX B A |

---

## Exhibit 99.35

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.35**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020593 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020587 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020585 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  | XXX | XXX | 0.00% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | Not Eligible | 3.4 | XXX |
| 2026020591 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.6 | XXX |
| 2026020589 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 16.21% | AVM | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  | XXX | XXX | 16.21% | XXX | 0.08 | Other | Other | XXX | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | 1.1 | XXX |
| 2026020586 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -1.47% | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -1.47% | XXX | 0.04 | Other | iAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX |
| 2026020592 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020588 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0.00% | Collateral Underwriter (CU) |  |  |  |  | XXX | XXX | 1.54% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | XXX |

---

## Exhibit 99.36

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.36**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |

---

## Exhibit 99.37

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.37**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Original Loan Amount** | **State** | **Note Date** | **Occupancy** | **Purpose** | **Final Overall Compliance Grade** | **DBRS INITIAL Compliance Grade** | **DBRS FINAL Compliance Grade** | **FITCH INITIAL Compliance Grade** | **FITCH FINAL Compliance Grade** | **KROLL INITIAL Compliance Grade** | **KROLL FINAL Compliance Grade** | **MOODY's INITIAL Compliance Grade** | **MOODY's FINAL Compliance Grade** | **S&P INITIAL Compliance Grade** | **S&P FINAL Compliance Grade** |
| XXX | 2026020272 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020170 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020310 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020311 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020309 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020250 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020312 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020347 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020200 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020134 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020171 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020172 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020222 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020137 | XXX | XXX | XXX | XXX | XXX B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| XXX | 2026020164 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020263 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D |
| XXX | 2026020138 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020270 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020320 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020342 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020313 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020163 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020511 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020265 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020133 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020135 | XXX | XXX | XXX | XXX | XXX A | Not Applicable A D | Not Applicable | Not Applicable A D | Not Applicable | Not Applicable A D | Not Applicable | Not Applicable A D | Not Applicable | Not Applicable A D | Not Applicable | Not Applicable A |

---

## Exhibit 99.38

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.38**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **AGENCY DATA** | **AGENCY DATA** | **AGENCY DATA** |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for CLTV** | **Appraisal Date** | **Appraisal Type** | **AVM Value** | **Variance $** | **Variance %** | **AVM Company** | **AVM FSD Score** | **AVM Effective Date** | **Desk Value** | **Variance $** | **Variance %** | **Desk Company** | **Desk Report Date** | **BPO As-Is Value** | **Variance $** | **Variance %** | **BPO Company** | **BPO Inspection Date** | **FR Value** | **Variance $** | **Variance %** | **FR Company** | **FR Report Date** | **2nd Appraisal Value** | **Variance $** | **Variance %** | **2nd Appraisal Company** | **2nd Appraisal Date** | **Eligible for Rep/Warrant Relief** | **LCA Risk Score** | **CU Score** |
| XXX | 2026020511 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020138 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020347 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020342 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020311 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020310 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020312 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.175% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020320 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020309 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX Property |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020313 |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020265 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020270 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020272 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020263 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020200 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020222 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020250 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020164 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | -1.439% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020163 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | -1.439% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020171 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020170 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | -3.509% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020172 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | -2.907% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020137 |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020134 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020133 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020135 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1073 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |

---

## Exhibit 99.39

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.39**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Name** | **State** | **QM/ATR Status** | **Initial Overall Loan Grade** | **Final Overall Grade** | **Final Credit Grade** | **Final Property Grade** | **Final Compliance Grade** | **Material (level 3) TRID exception?** | **Material (level 3) Non-TRID exception?** | **Active Material Exceptions** | **Active Non Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **Property Type** | **Note Date** | **LTV** | **CLTV** | **Occupancy** | **Purpose** | **Credit Score** | **Brwr 1 Yrs in Property** | **Brwr 1 Occupation** | **Brwr 1 Yrs on Job** | **Total Monthly Income** | **Mortgage History** | **Cash Out Amount** | **DTI** | **FTHB Flag** | **Loan Doc Type** | **Loan Status** | **Review Date** |
| XXX | 2026020511 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020138 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020347 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020342 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020311 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020310 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020312 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020320 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020309 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020313 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  | No | No Documentation | QC Complete | XXX |
| XXX | 2026020265 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020270 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020272 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Application Missing - XXX<br> COMMENT: Missing signed application.<br>Resolved XXX - Resolved signed 1003,condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020263 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) The Appraisal License is Missing - XXX<br> COMMENT: Provide appraiser Certification of License as it is missing.<br>Resolved on XXX : Received appraiser license , condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020200 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020222 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020250 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020164 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020163 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020171 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020170 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020172 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020137 |  | XXX | XXX | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - XXX<br> COMMENT: Property is in the state of XXX and unable to increase fair rental loss coverage above XXX% of the max dwelling coverage the insurance will provide on the property. Rental loss coverage is $XXX, which is XXX months of coverage based on the market rent of $XXX<br>A copy of an exception approval letter is available in the loan file. | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>LTV: XXX% LTV is less than the guideline requirement of XXX%.<br>FICO: XXX FICO exceeds the guideline requirement of XXX. | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  | No | DSCR | QC Complete | XXX |
| XXX | 2026020134 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020133 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020135 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Missing final XXX.<br>Not Resolved XXX - Required sufficient XXX to cover dwelling coverage amount , condition not resolved.<br>Resolved XXX - Final EOI document has been received, Condition resolved.<br>\*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide condominium project document for XXX (XXX , XXX , XXX) as they are missing.<br>Resolved XXX - Received condo project documents, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Please provide a copy of the Lease Agreement and rental payment evidence to verify the rent.<br>Resolved XXX - Received lease agreement, condition resolved. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> TimesXXX<br> TimesXXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |

---

## Exhibit 99.40

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.40**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Last Name** | **Property State** | **Note Date** | **Loan Purpose** | **TPR QM ATR Status** | **Initial Overall Loan Grade** | **Final Overall Loan Grade** | **Exception Category** | **Exception Subcategory** | **Exception Code** | **Final Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Exception** | **Exception Detail** | **Follow-up Comments (Exception Response)** | **Exception Conclusion Comments** | **Compensating Factors** | **Curable Status** | **Loan Status** | **Review Date** | **Cleared Date** | **Cured Date** | **Exception Date** |
| XXX | 2026020272 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Application Missing (Lvl R) | Missing signed application.<br>Resolved XXX - Resolved signed 1003,condition resolved. | Resolved XXX - Resolved signed 1003,condition resolved. | Resolved XXX - Resolved signed 1003,condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020263 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Valuation | Appraisal | XXX | Resolved | 3 | R | \* The Appraisal License is Missing (Lvl R) | Provide appraiser Certification of License as it is missing.<br>Resolved on XXX : Received appraiser license , condition resolved. | Resolved on XXX : Received appraiser license , condition resolved. | Resolved on XXX : Received appraiser license , condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020137 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | XXX | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Property is in the state of XXX and unable to increase fair rental loss coverage above XXX% of the max dwelling coverage the insurance will provide on the property. Rental loss coverage is $XXX, which is XXX months of coverage based on the market rent of $XXX<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: XXX DSCR exceeds the guideline requirement of XXX.<br>Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.<br>LTV: XXX% LTV is less than the guideline requirement of XXX%.<br>FICO: XXX FICO exceeds the guideline requirement of XXX. |  | QC Complete | XXX |  |  | XXX |
| XXX | 2026020135 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Please provide a copy of the Lease Agreement and rental payment evidence to verify the rent.<br>Resolved XXX - Received lease agreement, condition resolved. | Resolved XXX - Received lease agreement, condition resolved. | Resolved XXX - Received lease agreement, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020135 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit |  | XXX | Resolved | 3 | R | \*XXX Coverage less than Loan Amount (Lvl R) | Missing final XXX.<br>Not Resolved XXX - Required sufficient XXX to cover dwelling coverage amount , condition not resolved.<br>Resolved XXX - Final XXX document has been received, Condition resolved. | Resolved XXX - Final XXX document has been received, Condition resolved. | Resolved XXX - Final XXX document has been received, Condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020135 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Other Disclosures | XXX | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide condominium project document for XXX (XXX) as they are missing.<br>Resolved XXX - Received XXX project documents, condition resolved. | Resolved XXX - Received condo project documents, condition resolved. | Resolved XXX - Received XXX project documents, condition resolved. |  |  | QC Complete | XXX | XXX | XXX | XXX |

---

## Exhibit 99.41

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.41**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |  |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** |
| XXX | 2026020309 |  | Subject Property Type | XXX | XXX |  |  | The Appraisal dated XXX reflects Subject Property Type asXXX. | Initial |
| XXX | 2026020313 |  | Sales Price (HUD-1 Line 101) | XXX | XXX | XXX | -1.81818% | The Final Closing Disclosure signed on XXX reflects Sales Price as $XXX. | Initial |
| XXX | 2026020272 |  | Purpose of Transaction per HUD-1 | XXX |  |  |  | The Final Closing Disclosure signed on XXX reflects Purpose of Transaction per HUD-1 as Cash Out. | Initial |
| XXX | 2026020272 |  | Subject Property Type | XXX | XXX |  |  | The Appraisal dated XXX reflects Subject Property Type as XXX. | Initial |
| XXX | 2026020250 |  | Subject Property Type | XXX | XXX |  |  | The Appraisal dated XXX reflects Subject Property Type as XXX. | Initial |

---

## Exhibit 99.42

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.42**

**EXECUTIVE SUMMARY**

AOMT 2026-2

**Overview** 

Maxwell Diligence Solutions, LLC ("MaxDiligence") performed certain due diligence services (the "Review") described below on residential mortgage loan(s) acquired by Angel Oak Mortgage Operating Partnership, LP. The Review was conducted from September 2025 to December 2025 on mortgage loans originated between July 2025 and November 2025. The Review consisted of 100% of the population of 46 loans with an original loan balance of $28,235,725.00.

**Scope of Review**

**Credit Review**

MaxDiligence performed a "Credit Review" to verify compliance with guidelines in effect at the time of loan origination, or other guidelines provided by Client prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any Loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The credit review included the following (collectively, the "Credit Review"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Review Initial & Final Application</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check application for completeness. Determine whether the information in the preliminary Loan application, final application,
and all credit documents is consistent or reconciled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate Social Security/Taxpayer Identification number is valid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Compare data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form is complete, signed, dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting decision is supported (manual underwrite credit conditions have been satisfied prior to closing the approved Loan
package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation of income calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation of debt-to-income 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

&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. Review of rental income and/or market rents and validation of DSCR calculation

![](ex9942001.jpg)

&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

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Lease agreements and market rents, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. 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

![](ex9942001.jpg)

&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 housing payment and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <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

&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;11. <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

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;

&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.

![](ex9942001.jpg)

&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.

&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 applicable
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 appraisal 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

&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

![](ex9942001.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;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 resolved, MaxDiligence created an exception, and work with the client on the next steps which may
include ordering of additional valuation products such as collateral desktop reviews, broker's price opinions, and full appraisals,
if needed. If the property valuation products included in MaxDiligence's review result in a variance of more than 10% then
the client was 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.

![](ex9942001.jpg)

&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. Reviewed the initial LE and confirmed (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, confirmed (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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determined 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. Confirmed 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. Confirmed 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. Confirmed 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. Reviewed the CD and confirmed (i) the correct form was used; (ii) all sections of the CD are completed;
and (iii) the CD accurately reflected the information provided to MaxDiligence.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If a subsequent CD is issued, confirmed (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. Confirmed 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 sixty (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 sixty (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 days rescission period; and

&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>. Compared the fees disclosed in the final binding LE to those in the final
CD, and confirmed that final CD fees are within the permitted tolerances. Confirmed the total of payments are considered accurate
as defined by Regulation Z. Confirmed finance charge tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Reviewed 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 sixty (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 sixty (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. Confirmed 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

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirmed 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. Reviewed relevant documentation to determine if compensation to a Loan Originator was based on
a term of the transaction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Reviewed 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. Reviewed 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. Determined 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. Determined 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. Determined 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. Reviewed 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. Verified the data against the NMLSR database, as available.

![](ex9942001.jpg)

&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. Confirmed 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. Verified the Servicing Disclosure Statement was provided to the borrower(s) within three (3) business
days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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. Confirmed 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:

&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;

![](ex9942001.jpg)

&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 did 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 93.48% of the pool receiving an Overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;43 | &nbsp;&nbsp;93.48% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;6.52% |
| &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;**46** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;43 | &nbsp;&nbsp;93.48% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;6.52% |
| &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;**46** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;46 | &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;**46** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;46 | &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;**46** | &nbsp;&nbsp;**100.00%** |

---

![](ex9942001.jpg)

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "A", Compliance Grade of "B", and a Valuation Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception Level Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided - eResi | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Miscellaneous | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited DTI Exceeds AUS DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Corporation/LLC: Certificate of Good Standing Doc is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Corporation/LLC: EIN Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Fraud Report Shows Uncleared Alerts | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;3 |

---

![](ex9942001.jpg)

---

| | | |
|:---|:---|:---|
| | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;3 |
| | &nbsp;&nbsp;Income - General | &nbsp;&nbsp;3 |
| | &nbsp;&nbsp;Income - Income Documentation Missing | &nbsp;&nbsp;2 |
| | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Missing Business Purpose Affidavit | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Missing VVOE dated within 10 days consummation | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;18 |
| | &nbsp;&nbsp;Purchase Contract - Missing | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Subject property Short Term Rental Income does not meet qualification | &nbsp;&nbsp;1 |
| | &nbsp;&nbsp;Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***57*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;3 |
|  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***5*** |
| &nbsp;&nbsp;Property &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;46 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***46*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Federal - Foreclosure Rescission Finance Charge Tolerance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Insufficient Change of Circumstance (50001252) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test (Fees-Limited) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;License: Loan Originator | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Certificate of Compliance or Certificate of Exemption from the Anti-Predatory Lending Database (APLD) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Tests performed HEI/HEA review | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***48*** |

---

**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.

![](ex9942001.jpg)

Of the 46 mortgage loans reviewed, 29 unique mortgage loans (by loan count) had a total of 57 different tape discrepancies across 14 data fields. A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;46 | &nbsp;&nbsp;4.35% |
| &nbsp;&nbsp;Borrower 1 Origination FICO | &nbsp;&nbsp;4 | &nbsp;&nbsp;46 | &nbsp;&nbsp;8.70% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;46 | &nbsp;&nbsp;6.52% |
| &nbsp;&nbsp;Date Last Rate Was Set | &nbsp;&nbsp;10 | &nbsp;&nbsp;46 | &nbsp;&nbsp;21.74% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;46 | &nbsp;&nbsp;4.35% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;46 | &nbsp;&nbsp;4.35% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;10 | &nbsp;&nbsp;46 | &nbsp;&nbsp;21.74% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;16 | &nbsp;&nbsp;46 | &nbsp;&nbsp;34.78% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;46 | &nbsp;&nbsp;6.52% |

---

**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. |

---

![](ex9942001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &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 99.43

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.43**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Exception ID** | **Exception ID Date** | **Condition Category** | **Condition Standardized Description** | **Condition ID** | **Exception Level** | **Status** | **Condition Custom Description** | **Cleared Date** | **Compensating Factors** | **Lender Response** | **Comments** | **Loan Status** |
| 2026020594 | XXX | XXX | XXX | Compliance | Initial Loan Estimate Sent Date > XXX Business Days from Application Date (Enterprise Rule) | XXX | 1 | Closed | Missing initial XXX dated XXX. XXX (page XXX) executed XXX. -- The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation XXX, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii))<br> The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation XXX, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) | XXX | Verified housing payment history - XXX+ months of verified mortgage history paid XXX since XXX.; Low DTI - DTI XXX% < XXX%. ; |  | XXX Initial XXX dated XXX received. | XXX C A |
| 2026020594 | XXX | XXX | XXX | Compliance | Intent To Proceed Date < Loan Estimate Received Date | XXX | 1 | Closed | Missing initial XXX dated XXX (pg XXX). -- The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation XXX, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A))<br> The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation XXX, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A)) | XXX | Verified housing payment history - XXX+ months of verified mortgage history paidXXX since XXX.; Low DTI - DTI XXX% < XXX%. ; |  | XXX Initial XXX dated XXX received. | XXX C A |
| 2026020594 | XXX | XXX | XXX | Compliance | List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (Enterprise Rule) | XXX | 1 | Closed | Missing initial XXX dated XXX. XXX provided in file is dated XXX. Application date XXX.<br> The List of Settlement Service Providers Disclosure Date XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation XXX, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) | XXX | Verified housing payment history - XXX+ months of verified mortgage history paid XXX since XXX.; Low DTI - DTI XXX% < XXX%. ; |  | XXX XXX dated XXX received. | XXX C A |

---

## Exhibit 99.44

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.44**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Final Overall Event Level** | **State** | **Lien Position** | **Loan Purpose** | **QM Designation Type** |
| 2026020594 | XXX | 1 C A | XXX | XXX | XXX | Non-QM / Compliant |

---

## Exhibit 99.45

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.45**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number (Selling Lender)** | **Loan Number (Purchasing Lender)** | **Data Field** | **Tape Data** | **IB Review Value** | **Discrepancy Comments** |
| XXX | 2026020594 | Amortization Type | XXX | XXX | Amortization type verified per note. Source of tape is unknown. |
| XXX | 2026020594 | Total Debt to Income Ratio | XXX | XXX | Approved DTI XXX%, variance < XXX% is non-material. |

---

## Exhibit 99.46

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.46**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** | **Post-Closing Values** |  |  |  |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Second Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **AVM Product Name** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| XXX | 2026020594 | XXX | XXX | XXX | XXX | No | No | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 2.5 |

---

## Exhibit 99.47

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.47**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Loan Status** | **Final Overall Event Level** | **Final Credit Event Level** | **Final Compliance Event Level** | **Final Property Event Level** | **Credit Exceptions** | **Compliance Exceptions** | **Property Exceptions** | **Compensating Factors** | **Immaterial/Waived** | **Lender Commentary** | **Cleared Exceptions** | **Exceptions** |
| 2026020594 | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  | Verified housing payment history - XXX+ months of verified mortgage history paid XXX since XXX.; Low DTI - DTI XXX% < XXX%. ; |  |  | XXX List of Settlement Service Providers Sent Date > XXX Business Days from Application Date (Enterprise Rule) - Missing initial SPL dated XXX. SPL provided in file is dated XXX. Application date XXX. - The List of Settlement Service Providers Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation XXX, e List of Settlement Service Providers must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) - XXX SPL datedXXX received.<br>XXX Intent To Proceed Date < Loan Estimate Received Date - Missing initial XXX dated XXX (pg XXX). -- The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation XXX, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A)) - The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation XXX, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A)) - XXX Initial LE dated XXX received.<br>XXX Initial Loan Estimate Sent Date > XXX Business Days from Application Date (Enterprise Rule) - Missing initial XXX dated XXX. ITP (page XXX) executed XXX. -- The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation XXX, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) - The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). Three business days from the Application Date is (XXX). Under Regulation XXX, a Loan Estimate 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)(iii)) - XXX Initial XXX dated XXX received.<br>|  |

---

## Exhibit 99.48

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.48**

**Selene Diligence LLC ("Selene") Due**

**Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review was conducted between February 16 2022 and November 05 2025 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 7 Non-QM loans and 1 ATR/QM exempt loans for a total of 8 loans the "Final Securitization Population".

*<u>Credit Reviews (8):</u>*

During the Review, Selene performed a credit review on 8 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (8)</u>*

During the Review, Selene performed a compliance review, when applicable on 8 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (8):</u>*

During the Review, Selene performed a property valuation review on 8 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (8):</u>*

During the Review, Selene performed a Data Integrity Review on 8 mortgage loans in the Final Securitization Population.

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 8 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;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3) Determination of the sample size and computation.**

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency LLC ("Kroll") (the "NRSRO(s)").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4) Quality or integrity of information or data about the assets: review and methodology.**

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Kind Lending Non-Agency Program Guidelines, Oaktree Funding Non-Agency Loan Eligibility Guidelines (the "Guidelines")

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

Page **2** of **16**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A,B, and C, attached hereto).

**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

● **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

● **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

Page **3** of **16**

**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 8 mortgage loans, (ii) a Compliance Review on 8 mortgage loans (iii) a Valuation Review on 8 mortgage loans, and (iv) a Data Integrity Review on 8 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**REVIEW RESULTS SUMMARY**

After review of the 8 mortgage loans; 7 mortgage loans had a rating grade of A, 1 mortgage loan had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | |  | &nbsp;&nbsp;***Grades per loan (8 overall loans):*** | &nbsp;&nbsp;***Grades per loan (8 overall loans):*** | &nbsp;&nbsp;***Grades per loan (8 overall loans):*** |  |  |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;37.50% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **16**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***<br> **** | |
| | | **FINAL RA GRADES - COMPLIANCE** | **FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

Page **5** of **16**

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
Due Diligence Narrative Report

2. ASF
Report

3. Grading
Summary

4. Exception
Detail

5. Tape
Discrepancies

6. Valuations
Report

7. Supplemental
Data

8. Third
Party (TPR) Attestation Form

9. Attestation
Form 15E

Page **6** of **16**

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

Page **7** of **16**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
for any social security number variations for the borrowers and confirm that the variations have been addressed in the loan file;

Page **8** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&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;&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 **16**

**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 **16**

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;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;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;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 3.0, as may be updated from time to time.

Page **11** of **16**

**3.** **Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) the
 general Ability to Repay ("ATR") underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;c) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

**<u>General Ability to Repay</u>**

Selene reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Selene reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Selene does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Selene's review is based on information contained in the mortgage loan file at the time it is provided to Selene to review, and only reflects information as of that point in time.

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page **12** of **16**

**SCHEDULE I**

**<u>Selene tests perform compliance checks by state license types for interest rate, late fees, grace periods, high cost, higher priced, anti-predatory lending and prepayment term requirements. Restrictive Fees test assess qualifiable mortgage loan fee restrictions under state/municipalities laws and regulations.</u>**

**(Below are state regulations which test specifically for high cost, higher priced, and anti-predatory lending.)**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License<br>
 Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT -
 Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

Page **13** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;48. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;49. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;50. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;51. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;52. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;53. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;54. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;55. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;56. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;57. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;58. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;59. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;60. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;61. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;62. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;63. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;64. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;65. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;66. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;67. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;68. TX
 Home Loan and High Cost Home Loan Act

Page **14** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;69. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;70. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;71. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;72. WI
 Responsible High Cost Mortgage Lending Act

Page **15** of **16**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

○ The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute "appraisal reviews" for purposes of USPAP or Federal or State law.

○ Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Selene may have reviewed valuation information for reasonableness.

○ Selene is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying property.

● Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **16** of **16**

## Exhibit 99.49

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.49**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan 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** |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Lender Credits That Cannot Decrease Test (Fees-Limited) | The baseline amount of non-specific (XXX) lender credits and specific lender credits is ($XXX). The actual total fee amount shows a credit amount of ($XXX). The following actual fees submitted as "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. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender credit decreased from $XXX to $XXX without a XXX <br>|  | Document Uploaded. Uploaded supporting documents - XXX<br> Document Uploaded. Supporting Documents - XXX | Received XXX for the decreased lender credit. Finding resolved - XXX<br> Resolved - XXX<br> Document Uploaded. Uploaded supporting documents - XXX<br> Received duplicate copies of the XXX and CDs. Finding remains - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Insufficient Change of Circumstance (XXX) | 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 XXX have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Final Inspection Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). No XXX on File for the added fee <br>|  | Document Uploaded. Uploaded supporting documents - XXX <br> Document Uploaded. Supporting Documents - XXX | Appraisal datedXXX required a re-inspection fee. This is a valid XXX and the CD reflecting the change was issued timely - XXX<br> Resolved - XXX<br> Document Uploaded. Uploaded supporting documents - XXX<br> Received duplicate copies of XXX and CDs. Finding remains. No XXX for final inspection fee - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020525 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020525 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX and XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020525 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX Coverage Amount is less than Required Coverage Amount | Coverage Amount - XXX amount is less than required coverage amount. Please provide a XXX with loan amount coverage. <br>|  | Document Uploaded. 1) Sufficient coverage per the XXX<br> 2) XXX - XXX | RCE is $XXX. Dwelling coverage per XXX is $XXX. Condition resolved. - XXX<br> Coverage Amount - XXX of $XXX is equal to or greater than Required Coverage Amount of $XXX - XXX<br> Document Uploaded. 1) Sufficient coverage per the XXX<br> 2) XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020520 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests performed XXX/XXX review | Future Equity loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020520 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020520 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX/XXX: Operating Agreement Doc is Incomplete | The XXX: Operating Agreement in file is incomplete. Missing the fully executed Amendment to the XXX adding the borrower back on as a member of XXX. Please provide the fully executed Amendment verifying the borrower is XXX% owner of the business. <br>|  | Document Uploaded. Exception Request and Approval. - XXX | Exception approval form/email provided. Condition waived. - XXX<br> Document Uploaded. Exception Request and Approval. - XXX |  | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020520 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The Underwriter Credit Memo indicate the file contains a credit exception for an XXX as a XXX, which is not permitted. Please provide the formal exception and XXX approval. <br>|  | Document Uploaded. Exception Request and Approval. - XXX | Exception approval form/email provided. Condition waived. - XXX<br> Document Uploaded. Exception Request and Approval. - XXX |  | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX/XXX: Operating Agreement Doc is Incomplete | XXX: XXX in file is incomplete. The Amendment to the Operating Agreement adding the borrower back on as a member of XXX is not signed by all members. Please provide the fully executed Amendment verifying the borrower is 10XXX0% owner of the business. <br>|  | Document Uploaded. Exception Request and Approval. - XXX | Exception form and approval email provided. Condition waived. - XXX<br> Document Uploaded. Exception Request and Approval. - XXX |  | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The lock confirmation and the Underwriter Credit Memo indicate the file contains a credit exception for an XXX has a XXX, which is not permitted. Please provide the formal exception and XXX approval. <br>|  | Document Uploaded. Exception Request and Approval. - XXX | Exception form and approval email provided. Condition waived. - XXX<br> Document Uploaded. Exception Request and Approval. - XXX |  | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020360 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020360 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020360 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020350 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXX' are less than $XXX. Total assets verified in file were $XXX ($XXX + $ XXX #XXX), when $XXX ($XXX funds to close + $XXX - XXX months reserves) in required total, resulting in a shortage of assets verified in the amount of $XXX. <br>|  | Document Uploaded. Supporting Document - XXX | Total Cash reserves are greater than $XXX. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020350 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - General | The loan file reflected additional income issues. Provide Underwriter must validate XXX/ Licensed Tax Preparer credentials. Letter in file verifying XXX percentage of ownership for XXX for asset purposes from XXX, and no license verification for XXX was found in file. Insufficient assets verified if not used. <br>|  | Document Uploaded. Supporting Document - XXX | Received Operating Agreement for XXX & XXX which is not the business referred to in the finding. Backed out XXX account as allowable asset as no verification of tax preparer credentials were received to support percentage of business ownership cited in tax preparer letter. Sufficient assets verified with the inclusion of business bank statement forXXX. XXX which Operating Agreement was received and showed B2 is XXX% owner. - XXX<br> Received Operating Agreement forXXX which is not the business referred to in the finding. Please provide Operating Agreement for XXX or provide tax preparer credentials forXXX who provided B1 percentage of ownership for XXX per bank statement in file. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020350 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020350 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020348 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | XXX - Foreclosure Rescission Finance Charge Tolerance | The disclosed finance charge ($XXX) is ($XXX) below the actual finance charge ($XXX). For rescission after initiation of foreclosure, the XXX considers the disclosed finance charge inaccurate if it is more than $XXX below the actual finance charge. (15 USC Sec. 1635(i)(2); XXX 17(c)(2)(ii)-1) Per Final CD Finance Charge is $XXX; the XXX report in the file confirms the actual Finance Charge is $XXX . <br>|  | Document Uploaded. 1) UPDATED SETTLEMENT STATEMENT<br> 2) PCCD - XXX<br> Document Uploaded. 1) Proof of refund for fees going over tolerance.<br> 2) PCCD - Proof of refund for fees going over tolerance. - XXX<br> Document Uploaded. PCCD attached addresses all conditions. - XXX | Received certififed settlement statement confirming true amount of discount points charged - XXX<br> Resolved - XXX<br> Document Uploaded. 1) UPDATED SETTLEMENT STATEMENT<br> 2) PCCD - XXX<br> Received a corrected PCCD reflecting a lessor points paid by the borrower, however the Settlement Statement signed at closing also reflects points of $XXX. Please provide one of the following: A certified final Settlement statement with the correct amount of points paid or a refund of $XXX to the borrower along with a letter of explanation for the refund, a copy of the refund check and proof the package was mailed to the borrower. - XXX<br> Document Uploaded. 1) Proof of refund for fees going over tolerance.<br> 2) PCCD - Proof of refund for fees going over tolerance. - XXX<br> The fees included in the Finance charge on the XXX provided do not match the fees on the final CD. Discount points on the final CD are $XXX, the mavent provided only shows $XXX - XXX<br> Document Uploaded. XXX attached addresses all conditions. - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020348 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Income - General | The loan file reflected additional income issues. Provide XXX operating agreement that reflects the borrower's XXX% ownership percentage <br>|  | Document Uploaded. Document shows borrower as sole propietor and XXX% ownership. - XXX | Received satisfactory documentation - XXX<br> Document Uploaded. Document shows borrower as sole propietor and XXX% ownership. - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020348 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020348 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Missing Certificate of Compliance or Certificate of Exemption from the XXX (XXX) | Missing Certificate of Compliance or Certificate of Exemption from the XXX (XXX) Disclosure is not located in the file Missing Certificate of Compliance or Certificate of Exemption from the XXX<br>|  | Document Uploaded.XXX - XXX <br> Document Uploaded. Document to satisfy XXX condition - XXX | Received XXX certificate XXX<br> Document Uploaded. ANTI PREDATORY CERT WITH MORTGAGE - XXX<br> Subject property is in XXX. Finding is for the Certificate of Compliance or the Certificate of Exemption attached to the mortgage for recording. - XXX<br> Document Uploaded. Document to satisfy XXXcondition - XXX<br> Missing Certificate of Compliance or Certificate of Exemption from the XXX (XXX). - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | Borrower 1 XXX Credit Report is not missing. - XXX<br> Drive report has required debt monitoring feature, condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Missing | Borrower 2 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | Borrower 2 XXX Credit Report is not missing. - XXX<br> Drive report has required debt monitoring feature, condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Audited DTI Exceeds XXX DTI | Audited DTI exceeds AUS DTI. <br>|  |  | Invalid exception. - XXX |  | XXX | Void | 3 |  | 4 | 1 |
| 2026020324 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Audited DTI Exceeds XXX DTI | Audited DTI exceeds XXX DTI. Final 1008 shows DTI as XXX, however the XXX DTI is XXX%. Reviewer DTI is at XXX%. TOTAL MONTHLY DEBTS $XXX/TOTAL INCOME $XXX <br>|  | Document Uploaded. - XXX<br> Document Uploaded. 1) DU<br> 2) 1008<br> 3) uw email - XXX | Updated XXX provided. Condition resolved. - XXX<br> Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - XXX<br> Document Uploaded. - XXX<br> Document Uploaded. 1) DU<br> 2) 1008<br> 3) uw email - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020324 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020324 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020321 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020321 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020321 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020319 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020319 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020319 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020302 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Provide Housing history evidenced by XXX (XXX) months proof of payment via cancelled checks, bank debits or VOR on XXX per URLA currently rents XXX months and prior XXX<br>|  | Document Uploaded. Refer to page XXX and XXX for XXX - XXX | XXX were provided. Verified Current (from XXX) and Previous (from XXX to XXX) Condition resolved. - XXX<br> Document Uploaded. Refer to page XXX and XXX for VOR - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020302 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020302 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Income - Income Documentation Missing | The loan file did not contain the required income documentation. Provide Underwriter must validate XXX/ Licensed Tax Preparer credentials <br>|  | Document Uploaded. Supporting Document - XXX | Condition resolved. XXX verification was provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020278 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty | Note does not indicate a prepayment penalty but CD indicates a prepayment penalty. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020278 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Subject property Short Term Rental Income does not meet qualification | Short term rental income is not properly documented and/or does not meet guidelines. Provide online listing must show the property is activity marketed as a short-term rental. <br>|  | Document Uploaded. Supporting Document - XXX | Documentation provided is sufficient. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020278 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020278 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | XXX - Warrantability | Condominium project is not warrantable, or documentation not provided to determine warrantability <br>|  |  |  |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020274 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020274 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. XXX credit - XXX | Documentation provided is sufficient. - XXX<br> Borrower 1 XXX Credit Report is not missing. - XXX<br> Document Uploaded. gap credit - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020274 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020273 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020273 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020273 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Liabilities - Not Verified | The application lists debts that were not verified on the credit report and not independently verified. Provide XXX Taxes owed XXX $XXX have been paid $XXX Provide evidence XXX XXX Taxes owed for XXX $XXX have been paid $XXX as verified on XXX TaxReturns and Tax Transcripts in file. <br>|  |  |  | sufficient assets in file to cover XXX IRS Taxes owed for $XXX | XXX | Void | 3 |  | 3 | 1 |
| 2026020266 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020266 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020266 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Certificate of Good Standing Doc is Missing | The loan file does not contain the XXX: Certificate of Good Standing. Unable to locate a current Certificate of Good Standing for XXX. Please provide a recent document evidencing The XXX is in good standing. <br>|  | Document Uploaded. Supporting Document - XXX | Certificate of Good Standing provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020266 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: XXX Doc is Missing | The loan file does not contain the XXX: XXX documentation. Unable to locate the XXX documentation for The XXX. Please provide evidence of the XXX. <br>|  | Document Uploaded. Supporting Document - XXX | XXX Provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020256 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020256 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020256 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  | The loan meets all applicable compliance guidelines. - XXX |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Purchase Contract - Missing | The loan file did not contain the Purchase Contract as required. Unable to locate the purchase agreement for the subject transaction. Please provide the fully executed purchase agreement. <br>|  | Document Uploaded. Supporting Document - XXX | Purchase Contract provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Unable to locate the final loan approval or Underwriting Summary (1008) with the final loan terms. Please provide the final loan approval or 1008. <br>|  | Document Uploaded. Supporting Document - XXX | 1008 provided, Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Any property owned free and clear by the borrower, must be verified by a property report, title search, or data verify report. Originator to provide documentation that supports XXX properties are owned free and clear. <br>|  | Document Uploaded. XXX free & clear - XXX<br> Document Uploaded. Supporting Document - XXX | Housing history meets guideline requirements. - XXX<br> Document Uploaded. XXX free & clear - XXX<br> Condition upheld. Provide evidence that all XXX are free and clear as stated on the 1003. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. Originator to provide Fraud Report with cleared alerts. <br>|  | Document Uploaded. Supporting Documents - XXX | Cleared Fraud Report provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Closing Disclosure Business Day Waiting Period Date Warnings |  |  |  | removed finding - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Finance Charge Disclosure Tolerance (XXX) |  |  |  | removed finding - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Closing Disclosure Business Day Waiting Period Date Warnings |  |  |  | removed finding - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Closing Disclosure Business Day Waiting Period Date Warnings (Investment Property Warning) |  |  |  | removed finding - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Closing Disclosure Business Day Waiting Period Date Warnings (Investment Property Warning) |  |  |  | removed finding - XXX<br> . - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX - Closing Disclosure Total of Payments Disclosure Tolerance |  |  |  | removed finding - XXX<br> . - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX Fee Not Allowed- XXX- Other settlement fee (Fee ID: XXX) |  |  |  | removed finding - XXX |  | XXX | Void |  |  | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  | The loan meets all applicable compliance guidelines. - XXX |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020247 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020247 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020247 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower XXX Party XXX Prior to Close Missing | Borrower XXX party XXX prior to close missing.  |  |  |  |  | XXX | Resolved | 1 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing XXX dated within XXX days consummation | B2 Missing XXX dated within XXX days consummation  |  | Document Uploaded. Supporting Document - XXX | XXX dated within XXX days was provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  | The loan meets all applicable compliance guidelines. - XXX |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. <br>|  |  | GL's allow rural, property meets GL's - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXX' are less than $XXX. The XXX XXX statement shows a balance of $XXX. On page XXX there is a statement that shows XXX shares being sold. There are still sufficient funds in account to use as reserves. The final 1003 shows just using $XXX. The reserves are showing as -$XXX. The 1008 also states total assets verified are $XXX. <br>|  |  | Total Cash reserves are greater than $XXX. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. B1 has sufficient funds in XXX XXX account, but only choose to use $XXX as assets. The is no letter of explanation in file from underwriter or borrower on why this amount was used. <br>|  |  | Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. Originator to provide fraud report with cleared alerts. <br>|  | Document Uploaded. The fraud alerts were addressed/commented by UW on the borrower profile delivered with loan (pg XXX). We do not purchase/obtain a fraud report with cleared alerts, we only investigate and clear the alerts internally. - XXX | Document provided. Condition resolved. - XXX<br> All Fraud Report Alerts have been cleared or None Exist - XXX<br> Document Uploaded. The fraud alerts were addressed/commented by UW on the borrower profile delivered with loan (pg XXX). We do not purchase/obtain a fraud report with cleared alerts, we only investigate and clear the alerts internally. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | AbilityToRepay: QMPointsAndFees | The loan fees ($XXX) exceed the (QM) (Note Amount >=$XXX) fee limit, which is XXX% of the Total Loan Amount ($XXX), the difference is ($V). (12 CFR 1026.43(e)(3). No Mavent needed- Investment Non-QM Loan The loan fees ($XXX) exceed the (QM) (Note Amount >=$XXX) fee limit, which is XXX% of the Total Loan Amount ($XXX), the difference is ($XXX). (12 CFR 1026.43(e)(3). <br>|  |  | Passes testing - XXX<br> Resolved - XXX |  | XXX | Void | 1 |  | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | License: Loan Originator | A relationship between XXX (XXX) and the company (Company XXX ID: XXX) does not exist in the XXX Consumer Access as of XXX. However, other relationship(s) were found in the XXX Consumer Access for this individual and may be found in the XXX Info section. Updated- No XXX needed- Investment <br>|  |  | XXX is associated with XXX - XXX<br> Passes testing - XXX<br> Resolved - XXX |  | XXX | Resolved | 1 | 1 | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Void | 1 |  | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  | The loan meets all applicable compliance guidelines. - XXX |  | XXX | Void | 1 |  | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  | The loan meets all applicable credit guidelines. - XXX |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020234 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020234 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020234 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020229 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020229 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Liabilities - XXX | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Provide updated URLA to include XXX is attached to what property.<br>|  | Document Uploaded. Supporting Document - XXX | Corrected 1003 was provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020229 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020228 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020228 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020228 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  | The loan meets all applicable compliance guidelines. - XXX |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX Coverage Amount is less than Required Coverage Amount | Coverage Amount - XXX amount is less than required coverage amount. Unable to determine if the subject has sufficient XXX coverage. The dwelling coverage of $XXX is less than required coverage of $XXX. Please provide additional coverage or evidence of XXX% replacement cost for subject property <br>|  | Document Uploaded. Supporting doc uploaded - XXX | RCE provided. Condition resolved. - XXX<br> Coverage Amount - XXX of $XXX is equal to or greater than Required Coverage Amount of $XXX - XXX<br> Document Uploaded. Supporting doc uploaded - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Certificate of Good Standing Doc is Missing | The loan file does not contain the XXX: Certificate of Good Standing. Unable to locate the Certificate of Good Standing. Please provide the Certificate of Good Standing for XXX<br>|  | Document Uploaded. Supporting Document - XXX | Received satisfactory document - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020223 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).  |  | Document Uploaded. Supporting Document - XXX | Condition resolved. XXX CR provided. - XXX<br> Borrower 1 XXX Credit Report is not expired. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020223 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020223 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020223 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Income Documentation Missing | The loan file did not contain the required income documentation. Provide Tax professional letter or operating agreement that reflects the borrower's ownership XXX% percentage on XXX . And XXX<br>|  | Document Uploaded. Supporting Document - XXX | Condition resolved. XXX letter provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020214 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020214 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020214 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - General | The loan file reflected additional income issues. Provide clarification on why income on URLA does not line up with qualification income on 1008 <br>|  | Document Uploaded. correct final 1003 with matching income to 1008 - XXX | Updated income on Final 1003 provided matches income used. - XXX<br> Document Uploaded. correct final 1003 with matching income to 1008 - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Provide borrower statement have no housing <br>|  | Document Uploaded. Supporting Document - XXX | Rent free letter provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income and Employment Do Not Meet Guidelines | Income and employment do not meet guidelines. Missing XXX months business bank statements to support P&L income for XXX - Investor/XXX.  |  | Document Uploaded. Please find the prior statements for XXX #XXX that tie together the printouts along with the XXX months business statements. - XXX | Income and Employment Meet Guidelines - XXX<br> Document Uploaded. Please find the prior statements for XXX #XXX that tie together the printouts along with the XXX months business statements. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Asset XXX Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. <br>|  |  |  |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020211 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification does not meet guideline requirements. Asset Qualification does not meet guideline Requirements. We have account printouts for XXX dated XXX and XXX reflecting part of XXX and XXX transaction history, not reflecting the borrowers name. <br>|  | Document Uploaded. Please find the prior statements for XXX #XXX that tie together the printouts along with the XXX months business statements. - XXX | Income Docs received. Condition resolved. - XXX<br> Document Uploaded. Please find the prior statements for XXX #XXX that tie together the printouts along with the XXX months business statements. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Assets - Miscellaneous | The loan file does not contain all required asset documentation. Provide final signed closing disclosure sold XXX, XXX<br>|  | Document Uploaded. final signed CD - XXX | closing cd for XXX Old XXX provided. - XXX<br> Document Uploaded. final signed CD - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020196 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020196 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020196 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020192 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing Business Purpose XXX | File is missing statement of business purpose. Unable to locate the Business Purpose and Occupancy XXX. Please provide a signed copy. <br>|  | Document Uploaded. Supporting Document - XXX | XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020192 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020192 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020188 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020188 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020188 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Approved Scenario Exception Requesting an exception to proceed with a loan amount over the max of XXX. Looking to proceed with a loan amount of XXX <br>|  |  |  | Credit Score: XXX pts over requirement <br> Reserves XXX months over requirement <br> DTI XXX% below<br> Residual Income: $XXX month over requirement | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | First Payment Letter does not matchXXX. | First Payment Letter does not match the Final 1003. The First Payment Letter does not match the XXX waiver or XXX. Please provide the XXX waiver or XXX. <br>|  |  | XXX confirmed business purpose loans only require the payment breakdown documented in the file - XXX |  | XXX | Void | 3 |  | 4 | 1 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | XXX is Missing | The file is missing the XXX. Unable to locate the XXX. Please provide the XXX. <br>|  | Document Uploaded. Investor response - XXX | Confirmed the Mortgage includes an Assignment of Leases and Rents. - XXX<br> Document Uploaded. Investor response - XXX |  | XXX | Void | 3 |  | 4 | 1 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Approval/Underwriting Summary Not Provided - XXX | The loan did not contain the Approval/Underwriting Summary. Unable to locate the final loan approval or Underwriting Summary (1008). Please provide the final loan approval or 1008. <br>|  | Document Uploaded. 1008 - XXX | Lender provide their final approval data form. - XXX<br> Document Uploaded. 1008 - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. The loan application for XXX indicates the borrower is not aXXX. Please provide documentation verifying the borrower's residency. <br>|  | Document Uploaded. Supporting Document - XXX<br> Document Uploaded. Supporting Document - XXX | Borrowers passport was provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Condition upheld. Provide Evidence of the borrower's citizenship. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | First Payment Letter Missing | First Payment Letter does not match the Final 1003. The DSCR application in the file does not provide loan payment information. <br>|  |  | XXX confirmed business purpose loans only require the payment breakdown documented in the file - XXX |  | XXX | Void | 4 |  | 4 | 1 |
| 2026020179 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020174 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020174 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020174 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020169 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020169 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020169 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Unable to locate a XXX month housing history for the borrower. Please provide a XXX month rental history. <br>|  | Document Uploaded. Supporting Document - XXX | Rent Free Letter was provided. Condition resolved. - XXX<br> Housing history meets guideline requirements. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020169 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | The gap credit report is dated XXX. Guidelines require a gap credit report orXXX (XXX) dated within XXX days prior to closing date. Please provide an updated gap credit report or XXX. Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). <br>|  | Document Uploaded. Supporting Document - XXX<br> Document Uploaded. Supporting Document - XXX | XXX provided. Condition resolved. - XXX<br> Borrower 1 XXX Credit Report is not expired. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Condition Upheld. Provide the XXX from the DRIVE Report. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020165 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020165 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020165 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Operating Agreement Doc is Incomplete | The XXX: Operating Agreement in file is incomplete. Missing a fully executed copy of the Operating Agreement for TheXXX. The signatures are blank for the Members. <br>|  | Document Uploaded. Operating Agreement - XXX | Signed Operating Agreement was provided. Condition resolved. - XXX<br> Document Uploaded. Operating Agreement - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020162 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020162 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020162 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020160 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020160 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020160 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020155 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX Coverage Amount is less than Required Coverage Amount | Coverage Amount - XXX amount is less than required coverage amount. The loan amount is $XXX. The insurance coverage is $XXX. Please provide a Replacement Cost Estimator verifying the subject property has sufficient XXX coverage. <br>|  | Document Uploaded. Supporting Document - XXX | XXX provided policy has Guaranteed Replacement Coverage. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020155 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from XXX |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020155 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020141 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within - XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020141 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020141 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt fromXXX |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |

---

## Exhibit 99.50

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.50**

Client XXX <br> Transaction XXX <br> Date XXX

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan 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** |
| 2026020526 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020525 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020521 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020520 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020519 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020360 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020350 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020348 |  |  | XXX | XXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| 2026020334 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020325 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020324 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020321 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020319 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020302 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020283 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020278 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020274 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020273 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| 2026020266 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020256 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020251 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020249 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020247 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020246 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020245 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020238 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020237 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020234 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020229 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020228 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020226 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020223 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020214 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020211 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020203 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020196 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020192 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020188 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020179 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020174 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020169 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020165 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020162 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020160 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020155 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020141 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

## Exhibit 99.51

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.51**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020526 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020525 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020521 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020520 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020519 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2026020360 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2026020350 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0227 | 1004 URAR |  |  |  |  | XXX | XXX | -2% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020348 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020334 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | XXX |
| 2026020325 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020324 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020321 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2026020319 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | Not Eligible | 1.2 | XXX |
| 2026020302 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0063 | 1025 Small Residential Income Report |  |  |  |  | XXX | XXX | 1% | XXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | XXX |
| 2026020283 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020278 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020274 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.6 | XXX |
| 2026020273 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .1061 | 1004 URAR |  |  |  |  | XXX | XXX | 11% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020266 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | XXX |
| 2026020256 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2026020251 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020249 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 1 | XXX |
| 2026020247 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 4 |  | Not Eligible | 1 | XXX |
| 2026020246 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  | XXX |
| 2026020245 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020238 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | XXX |
| 2026020237 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020234 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Unavailable | 1 | XXX |
| 2026020229 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.6 | XXX |
| 2026020228 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020226 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020223 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0938 | 1004 URAR |  |  |  |  | XXX | XXX | 9% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020214 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020211 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | stewart VALUATION INTELLIGENCE | EXCELLENT | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2026020203 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | XXX | Not Eligible | 1.2 | XXX |
| 2026020196 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2026020192 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020188 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0400 | 1004 URAR |  |  |  |  | XXX | XXX | 4% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2026020179 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020174 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020169 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.2 | XXX |
| 2026020165 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2026020162 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 |  | Not Eligible | 1 | XXX |
| 2026020160 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020155 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020141 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.52

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.52**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020525 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX |
| 2026020525 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | RENT $XXX/$PITIA $XXX=XXX DSCR |
| 2026020521 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX |
| 2026020360 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents |
| 2026020360 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Verified with documents |
| 2026020360 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified with documents |
| 2026020350 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | DSCR loan. Guidelines state for the DSCR program that the representative score when more than one borrower qualifies for the loan, the representative score is the lower mid-score of all borrowers. |
| 2026020348 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents |
| 2026020348 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | verified with documents |
| 2026020348 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | verified with documents |
| 2026020348 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | verified with documents |
| 2026020325 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX |
| 2026020324 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Verified with source documents |
| 2026020321 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified with source documents |
| 2026020319 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified with source documents. |
| 2026020302 | XXX |  | XXX | Term | notePage | XXX | XXX | Per the source documents |
| 2026020302 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per the source documents |
| 2026020302 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Per the source documents |
| 2026020283 | XXX |  | XXX | Term | notePage | XXX | XXX | Verfieid with source documents. |
| 2026020274 | XXX |  | XXX | Property State | notePage | XXX | XXX | Verified with source documents. |
| 2026020274 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified with source documents. |
| 2026020273 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per the source documents |
| 2026020273 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per the source documents |
| 2026020256 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents |
| 2026020256 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | verified with documents |
| 2026020249 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | verified per source documents |
| 2026020246 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | verified per documents |
| 2026020246 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | verified per documents |
| 2026020245 | XXX |  | XXX | Term | notePage | XXX | XXX | Per the source documents |
| 2026020245 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per the source documents |
| 2026020238 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with source documents. |
| 2026020238 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |  |
| 2026020237 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents |
| 2026020237 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified with documents |
| 2026020237 | XXX |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Verified with documents |
| 2026020237 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Verified with documents |
| 2026020237 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | Verified with documents |
| 2026020234 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Verified with source documents |
| 2026020234 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with source documents |
| 2026020229 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with source documents |
| 2026020228 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX |
| 2026020223 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified with documents |
| 2026020214 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per the source documents |
| 2026020214 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | Per the source documents |
| 2026020214 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per the source documents |
| 2026020211 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | Per the source documents |
| 2026020211 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Per the source documents |
| 2026020211 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per the source documents |
| 2026020203 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | verified with documents |
| 2026020203 | XXX |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | verified with documents |
| 2026020188 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents. |
| 2026020188 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | verified with documents |
| 2026020188 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | verified with documents |
| 2026020174 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Verified with source documents |
| 2026020174 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Verified with source documents |
| 2026020162 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with documents |
| 2026020162 | XXX |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Verified with documents |

---

## Exhibit 99.53

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.53**

Executive Summary

4. Description of the Due Diligence Services

**1.** **Type of Assets Reviewed** 

Inglet Blair, LLC ("IB") performed certain due diligence review services (the "Review"), as defined herein. The loan reviewed was originated in March 2025 and was collateralized by residential real estate. The loan was acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client") from lenders and/or aggregators (the "Seller"), via bulk acquisition or reliance letter. The information provided below represents the approach and methodology used at the time of original acquisition by the Seller.

**2.** **Sample Size of Assets Reviewed** 

This report reflects 1 loan selected by the Client to include in AOMT 2026-2 (the "Securitization"). Client did not disclose to IB if additional loans are included in the Securitization. While the Client may have included additional loans in the Securitization, such loans were not subject to the Review referenced herein. IB reviewed 100% of the Loans provided by the Client and can only assume the sample size was 100%.

**3.** **Sample Size Determination** 

The Client, in its sole discretion, determined the loans to be reviewed by IB. As noted in Section 2 above, Client provided IB with 1 loan, which was reviewed by IB. Therefore, IB used no sampling methodology in its Review.

**4.** **Information and Data Integrity** 

IB was provided certain data elements (the "Tape Data"), which were supplied by the Seller. The Seller aggregated the Tape Data from the various lenders. Each lender did not supply Seller with uniform Tape Data; thus, individual Loan Tape Data may not have included all data elements as detailed below in this Section 4. IB subsequently mapped and compared the Tape Data to information contained in each Loan file. When the data was provided, IB compared the following fields:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**Field Name** |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Total Debt to Income Ratio |
| &nbsp;&nbsp;Amortized Original Term | &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;ARM Initial Adjustment Period | &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;ARM Initial Rate Cap | &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;ARM Lookback Period | &nbsp;&nbsp;Loan Term |
| &nbsp;&nbsp;ARM Margin | &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;ARM Maximum Interest Rate | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;ARM Minimum Interest Rate | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;ARM Payment Change Frequency | &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;ARM Periodic Rate Cap | &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;ARM Periodic Rate Cap at first Adjustment Down | &nbsp;&nbsp;Original Principal and Interest |
| &nbsp;&nbsp;ARM Periodic Rate Cap at first Adjustment Up | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;ARM Rate Cap at first Adjustment Down | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;ARM Rate Cap at first Adjustment Up | &nbsp;&nbsp;Representative Credit Score |
| &nbsp;&nbsp;ARM Rate Change Frequency | &nbsp;&nbsp;Residual Income |
| &nbsp;&nbsp;ATR/QM Designation | &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Subject Address |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Subject City |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;Subject State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Subject Zip Code |

---

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 1

&nbsp;&nbsp;&nbsp;&nbsp;

**5.** **Underwriting, Origination Practices and Conformity to Guidelines and/or Criteria** 

Each Loan was reviewed to the applicable guideline, matrix and/or finding report, produced by an Automated Underwriting System ("AUS"), as provided to IB. Depending on the applicable guideline requirements, IB verified, recalculated and compared certain metrics and attributes:

- Debt to Income ("DTI")

- Debt Service Coverage Ratio ("DSCR")

- Loan to Value ("LTV") / Combined Loan to Value ("CLTV")

- Lien Position

- Gross Income

- Qualifying Principal, Interest, Taxes and Insurance ("PITI") payment

- Assets and Reserves

- Monthly debt service

- Residual Income

- Occupancy

- Property Type

To the extent prescribed by the applicable guidelines, every Loan received an evaluation of the applicable borrower's employment, income, assets and credit history as follows:

Employment and Income:

- Meets the guidelines and, as applicable, regulatory documentation requirements

- Creditor income calculations are reasonable and as prescribed by the applicable guidelines

- Ensure borrower(s) is/are currently employed

Assets

- Confirm asset source and documentation requirements

- Re-calculate gross, net and liquid asset balances

- Incorporate gift funds and sourcing documentation

- Confirm and calculate reserve calculations

Credit Report

- Determine representative Credit Score and Methodology

- Number of tradelines

Maximum amount of open tradelines

- Mortgage/Rental payment history

- Installment and Revolving payment history

- Bankruptcy and Foreclosure seasoning

- OFAC Alert(s)

Credit Application (FNMA Form 1003)

- Substantially complete

- Employer and employment status

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 2

- Confirmation of loan purpose and occupancy

- Disposition and status of Real Estate Owned (REO)

- First time home buyer status

- Citizenship and eligibility

Title Review - For each Loan the title commitment or, if present, final title policy was reviewed to confirm:

- Vestee(s)

- Title interest – Fee Simple or Leasehold

- Tax liens, encumbrances, encroachments and/or other title defects were satisfied or addressed

Fraud Report – IB reviewed each Loan file for the presence of a fraud report with all material findings addressed surrounding borrower name variances, social security number discrepancies, subject-property occupancy or employment history.

Hazard and Flood Insurance – Each Loan was reviewed to ensure that (i) each hazard policy limit met the applicable guideline requirement (ii) the property address was correct (iii) the premium was accurately reflected in the DTI calculation and (iv) escrowed where required.

Similarly, where the flood certificate indicates the property improvements were located in a flood zone, IB confirmed the coverage met the guideline requirements and, where applicable, the premium escrowed.

Closing/Legal Documents – All Loans received a review of the closing documentation. This includes the note, mortgage (and applicable riders), assignments, mortgage insurance certificates, underwriter approvals, and HUD-1 or Closing Disclosure, as applicable, are executed by all applicable parties and generally convey the terms of the Loan.

The information and findings provided herein were based on the information provided in the loan file images presented at the time of review.

**6.** **Collateral Review and Methodology** 

To establish reasonable support for the original appraised value, each qualifying appraisal was accompanied by one of the following: (i) an existing desk review report provided by the originator (or issuer), (ii) a second full appraisal (typically required by the guidelines) (iii) a FNMA Collateral Underwriter ("CU") analysis with a score of 2.5 or less. In the event a loan did not contain any of the supplemental documentation, IB ordered an AVM, desk review or field review to fulfill the requirement. If any of the supplemental material(s) had an estimate of value that was lower than the original appraised value by 10% (or more), a field review (or suitable alternative) was obtained.

Each Loan was analyzed to confirm it was sufficiently collateralized by real property, and each appraisal was audited to address the following FIRREA/USPAP rules and standards:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Was the appraisal prepared for a financial services institution?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Does the appraisal state the definition of Market Value?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Does the appraisal indicate the appraiser's license or certification, number and expiration date?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Does the appraisal disclose any extraordinary assumptions, hypothetical conditions? Does the appraisal include a statement
of assumptions and limiting conditions?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If yes, do the items appear to be reasonable?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Is a minimum 3-year subject sale history included?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Does the report state the effective date of the appraisal?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Does the appraisal summarize the process used to collect, confirm, and report data?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Does the appraisal state the subject's highest and best use?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Does the appraisal clearly identify the real estate being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Does the appraisal state the real property interest being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Does the report contain sufficient information?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Was the appraisal reported on a FNMA appraisal form?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If yes, was the form materially complete?

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 3

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Which of the industry recognized methods of valuation were included that may have been utilized to support the institution's
decision to engage in the transaction?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Direct Sales Comparison Approach, Cost Approach, or Income Approach?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If any of these approaches have been omitted or excluded, is there sufficient explanation provided as to why?

**7.** **Regulatory Compliance Review to Federal, State and Local Lending Laws** 

All Loans deemed to be consumer purpose loans were submitted to an automated regulatory compliance review. The system tested each applicable Loan for adherence to certain federal, state and local consumer protection laws related to mortgage lending.

All applicable tests and disclosure reviews were graded in accordance with the SFA RMBS 4.0 TRID Compliance Review Scope standard as described below.

- Federal Truth in Lending Act– Regulation Z

○ Consumer Handbook on Adjustable Rate Mortgages (1026.19(b)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

○ Your Home Loan Toolkit (1026.19(g)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

● Provided within 3 business days of application

○ Federal High-cost (1026.32)

● Identify points and fees and/or APR threshold test failures

● Prepayment Penalty restrictions

○ Higher-priced Mortgage Loans (1026.35)

● APR Threshold with the corresponding appraisal and escrow requirements

○ Right of Rescission (1026.23)

● Review accuracy, timing and content of disclosure(s)

● Confirm all requisite consumers received notice and correct form

○ Qualified Mortgage Rule (1026.43(e))

● Perform points and fees test to confirm 3% threshold

● Adherence to Appendix Q and DTI below 43% or Temp QM

● Application Dates of 1/10/2014 to 2/28/2021

● Adherence to Appendix Q and DTI below 43% and/or Temp QM and/or APR/APOR threshold testing

● Application Dates of 3/1/2021 to 6/30/2021

● Adherence to Appendix Q and DTI below 43% and/or APR/APOR threshold testing

● Application Dates of 7/1/2021 to 9/30/2022

● APR/APOR threshold testing

● Application Dates on or after 10/1/2022\*

○ Subject to any guidance updates from regulators

● Loan does not contain "risky feature" (IO, Negative Amortization, etc.)

● Contain a valid and approved AUS, as applicable

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 4

&nbsp;&nbsp;&nbsp;&nbsp;

● Ability-to-Repay ("ATR") (1026.43(c)(2) – IB reviewed each Loan for the applicable mortgagor's ability to repay; however, there is no representation or warranty, implied or otherwise, that a court (or other administrative/legislative authority) will agree with the determination. IB objectively confirmed the following eight (8)-factors had been considered and, where applicable, documented:

● (i) The consumer's current or reasonably expected income or assets, other than the value of the dwelling, including any real property attached to the dwelling, that secures the loan;

● (ii) If the creditor relies on income from the consumer's employment in determining repayment ability, the consumer's current employment status;

● (iii) The consumer 's monthly payment on the covered transaction, calculated in accordance with paragraph (c)(5) of this section;

● (iv) The consumer 's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made, calculated in accordance with paragraph (c)(6) of this section;

● (v) The consumer 's monthly payment for mortgage-related obligations;

● (vi) The consumer 's current debt obligations, alimony, and child support;

● (vii) The consumer 's monthly debt -to-income ratio or residual income in accordance with paragraph (c)(7) of this section; and

● (viii) The consumer 's credit history.

○ TRID (1026.36, 37)

○ Loan Estimate ("LE")

● Initial LE was provided within three (3) business days of application as provided by the broker or creditor and loan does not consummate within seven (7) business days of receipt

● Provided within three (3) business days of a valid Change of Circumstance

● Complete in all material respects

● Contains NMLS ID

● Confirm the "In 5 Years" calculation is not over disclosed

○ Final Closing Disclosure ("CD")

● Confirm creditor provided CD no later than three (3) business days of consummation and confirm all relevant fields are complete

● Ensure technical requirements are met – Rounding, Alphabetization, Number of Fees per category and title fees properly labeled

● Recalculation of the Finance Charge, Amount Financed, Total of Payments ("TOP"), and Total Interest Payments ("TIP")

● Projected Payments - Re-calculation of Principal and Interest payment(s), verified escrow and insurance payments, interest only periods and final balloon payments are present and displayed in the correct number of columns

● Adjustable Interest Rate and Adjustable Payment Tables are present, complete and accurate, if applicable

● No fee charged for preparation of LE or CD

● Fee descriptions conform with clear and conspicuous standard

● Loan terms match that of the subject loan – balance, rate, term, prepayment penalty

● Loan Disclosures section is complete – Late Payment matches the note and the escrow section is consistent within the disclosure

○ Fee and Tolerance Testing - Zero and ten percent (10.0%) tolerance testing, including the presence, timing and a validation of a change of circumstance and corresponding fee changes

○ Evidence Service Provider List and Your Home Loan Toolkit, if applicable, were provided or present in the loan file

○ LE and CD form(s) provided to the borrower are consistent across the loan process

○ NMLS ID is present on the loan application, note, security instrument, LE and CD, as applicable

○ Items not tested, include but are not limited to:

● Categorization of fees in the appropriate section

● Accuracy of information for fields not expressly stated above

● Presence and accuracy of the Seller's Transaction columns on the Seller's columns

○ State High-cost and Predatory lending regulations

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 5

&nbsp;&nbsp;&nbsp;&nbsp;

○ RESPA disclosures

● Confirm GFE and HUD-1

● Special Information Booklet

● Notice of Servicing Transfer

● Affiliated Business Arrangement Disclosure

● Homeownership Counseling Disclosures

○ Equal Credit Opportunity Act

● Presence, acknowledgement and timing of the Right to Receive Copy of Appraisal Disclosure

Structured Finance Association ("SFA") organized and led an initiative to establish a framework for Third-Party Reviewer's ("TPR") to evaluate and grade loans subject to the Know Before You Owe Act, also commonly referred to as TILA-RESPA Integrated Disclosure ("TRID"). While all grades and conclusions are established in good faith, the grading scheme materiality and impact for certain exceptions may change from time to time, and thus, all reports contain Interpretation Risk. Under no circumstance should the Client, any potential investors or other individual party solely rely on the interpretations made by IB, SFA, or its outside counsel.

Please be advised that IB is not a law firm, does not employ personnel who are licensed to practice law and the exceptions, observations and conclusions provided by IB are not legal opinions. IB relies upon the advice of outside counsel, informal advice of regulators and industry practice to determine materiality.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**TRID Tested** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Yes | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |

---

**8.** **Any Other Type of Review** 

There was no other review performed.

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 6

&nbsp;&nbsp;&nbsp;&nbsp;

5. Summary of Finding and Conclusions of Review

The following tables represent the final NRSRO overall and component grades. The Overall grade is comprised of the lowest of the component grades.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Final Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Credit Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Compliance Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**NRSRO Final Property Grade** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |

---

The following tables represent certain key attributes of the Loans and their frequency amongst the loan population.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Adjustable Rate Mortgage | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;1st | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 7

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;Condo, Low Rise (4 or fewer stories) | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**LTV** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;**00.01- 10.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**10.01- 20.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**20.01- 30.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**30.01- 40.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**40.01- 50.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**50.01- 60.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**60.01- 70.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**70.01- 80.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**80.01- 90.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**90.01- 100.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |
| &nbsp;&nbsp;**CLTV** | &nbsp;&nbsp;**No. of Loans** | &nbsp;&nbsp;**% of Population** |
| &nbsp;&nbsp;**00.01- 10.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**10.01- 20.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**20.01- 30.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**30.01- 40.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**40.01- 50.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**50.01- 60.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**60.01- 70.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**70.01- 80.00** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**80.01- 90.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**90.01- 100.00** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100%** |

---

Inglet Blair, LLC Deal Summary

AOMT 2026-2

pg. 8

## Exhibit 99.54

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.54**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXX | 2026020514 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits (XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed XXX to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Updated coc information. Finding resolved. - Due Diligence Vendor-XXX<br> Resolved-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed XXX to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-XXX<br> Resolved-Document uploaded to findings - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). There is No XXX for (1)Lender Credit - $XXX Please Provide - Due Diligence Vendor-XXX |  | Resolved-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed XXX to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Updated coc information. Finding resolved. - Due Diligence Vendor-XXX<br> Resolved-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed XXX to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-XXX<br> Resolved-Document uploaded to findings - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020514 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-Resolved - Due Diligence Vendor-XXX<br> Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. There is No XXX for (XXX)Affordable Housing Fee-$XXX Please Provide<br> - Due Diligence Vendor-XXX<br> Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-XXX |  | Resolved-Resolved - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020514 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | Consummation or Reimbursement Date Validation Test | Resolved-Resolved - Due Diligence Vendor-XXX<br> Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. There is No XXX for (XXX)Affordable Housing Fee-$XXX Please Provide<br> - Due Diligence Vendor-XXX<br> Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-XXX |  | Resolved-Resolved - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020514 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-XXX<br> Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Updated data points on recording fees. Finding resolved. - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). There is No XXX for (XXX)Affordable Housing Fee-$XXX Please Provide - Due Diligence Vendor-XXX |  | Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-XXX<br> Resolved-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Updated data points on recording fees. Finding resolved. - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020508 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Provide the updated fraud report, Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020508 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Type Missing | Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. ID - Seller-XXX<br> Open-Borrower XXX Photo Identification Missing. Please provide valid photo identification per guideline requirements. We have XXX on page $XXX but that is Expired before the closing date. Provide the Updated Borrower ID Proof. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. ID - Seller-XXX | Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020508 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX Coverage Amount is less than Required Coverage Amount | Resolved-Replacement XXX uploaded, Required Coverage amount is lesser than the Coverage amount, Verified & entered in system - Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. RCE - Seller-XXX<br> Open-XXX Coverage Amount $XXX is less than Required Coverage Amount $XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Replacement Cost Estimator uploaded, Required Coverage amount is lesser than the Coverage amount, Verified & entered in system - Resolved - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020495 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts • The XXX Summary document shows a total of XXX High alerts, only XXX of which were cleared; and XXX Low alerts, only XXX of which were cleared. Please provide the documentation that shows all alerts were reviewed & cleared. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020414 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Corrected 1003/1008 received to match the income calculation worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1003/1008 for income - Seller-XXX<br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. • Lender income calculation worksheet provided shows qualifying income as $XXX, whereas the Final 1003 and 1008 shows qualifying income as $XXX. Audit income was $XXX. The Lender Income worksheet that matches the qualifying income used on the 1003/1008 is missing ($XXX). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated 1003/1008 for income - Seller-XXX | Resolved-Corrected 1003/1008 received to match the income calculation worksheet. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXX) | Resolved-Twenty cents difference from XXX to CD, within tolerance. - Due Diligence Vendor-XXX<br> Ready for Review-The lender credit didn't decrease, it has been the same at $XXX since locked on XXX, however, our XXX doesn't disclose the cents, it rounds up or down to the nearest dollar - Seller-XXX<br> Open-The baseline amount of non-specific (XXX) lender credits and specific lender credits disclosed is ($XXX). The Last CD shows a total lender credit amount of ($XXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-XXX | Ready for Review-The lender credit didn't decrease, it has been the same at $XXX since locked on XXX, however, our XXX doesn't disclose the cents, it rounds up or down to the nearest dollar - Seller-XXX | Resolved-XXX cents difference from XXX to CD, within tolerance. - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Cleared Fraud Report uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts As per guideline version XXX page XXX, need to clear all alerts on fraud report but fraud report shows one uncleared alert on lower category.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-Cleared Fraud Report uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020404 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Credit | DTI unknown | Resolved-Updated 1008 with corrected DTI provided. Updated & Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Calculated DTI is XXX% (Sub property PITI $XXX + All other Liabilities $XXX = total liabilities $XXX / Income $XXX\*XXX) not matching with 1008 DTI XXX% and 1003 not considered all other liabilities form DTI, Since those are not authorized accounts per CR and not paying off per CD. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Updated 1008 with corrected DTI provided. Updated & Resolved. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020259 |  |  | Closed | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Guideline LTV exceeds OVERLAY Guideline LTV | Waived-Waived with comp factors per investor - Due Diligence Vendor-XXX<br> Waived-Waived with comp factors per investor - Due Diligence Vendor-XXX <br> Open-Audited Guideline LTV exceeds XXX Guideline LTV the LTV is > than XXX% the Max Cash Out is $XXX. The LTV for this file is XXX% - Due Diligence Vendor-XXX |  | Waived-Waived with comp factors per investor - Due Diligence Vendor-XXX<br> Waived-Waived with comp factors per investor - Due Diligence Vendor-XXX | XXX.pdf |  | FICO XXX<br> Reserves XXX | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No |
| XXX | 2026020259 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX <br> Open-Fraud Report Shows Uncleared Alerts Per the guideline Version XXX on page#XXX a clear fraud report is required. The fraud report in file pg#XXX is showing a High alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020291 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-The documentation received was sufficient to resolve the finding. Bank Statement - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Bank Statement - Seller-XXX<br> Open-The income calculator for the lender reflects the XXX statement for the account ending in XXX was used in qualifying. However, the XXX statement was not located in the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Bank Statement - Seller-XXX | Resolved-The documentation received was sufficient to resolve the finding. Bank Statement - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020291 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-The documentation received was sufficient to resolve the finding. Rent payments with bank statements. - Due Diligence Vendor-XXX<br> Resolved-Validation Resolved' - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rental Agreement and Rent Payments attached - Seller-XXX<br> Open-XXX/XXX Doc Status should not be 'Missing'. The guidelines require the housing history for the previous XXX months (Rent or Mortgage). The final application in the loan file indicated the Borrowers were living rent free for the previous XXX months and renting for the XXX months prior to the XXX months. The loan file does not contain evidence of the XXX months of rental history. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Rental Agreement and Rent Payments attached - Seller-XXX | Resolved-The documentation received was sufficient to resolve the finding. Rent payments with bank statements. - Due Diligence Vendor-XXX<br> Resolved-Validation Resolved' - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020291 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-HOA Questionnaire is Missing or Partial. XXX Unit project not required HOA Questionnaire on meeting guideline requirements, Verified - Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This is only a XXX unit HOA no Questionnaire is needed - Seller-XXX<br> Open-HOA Questionnaire is Missing or Partial. Provide XXX questionnaire as it is not in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. This is only a XXX unit HOA no Questionnaire is needed - Seller-XXX | Resolved-HOA Questionnaire is Missing or Partial. XXX Unit project not required HOA Questionnaire on meeting guideline requirements, Verified - Resolved - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | NA | XXX | N/A | N/A |
| XXX | 2026020290 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | Enterprise:FeeLimits | XXX - XXX XXX% Fee Limit | Resolved-resolved via compliance testing - Due Diligence Vendor-XXX<br> Resolved- - Due Diligence Vendor-XXX <br> Ready for Review-Apply the lender credit of -$XXX towards the Appraisal fee of $XXX and $XXX of the Administration fee. - Seller-XXX<br> Counter-The compliance issue has been further reviewed and the result is a valid fail as the general lender credit cannot be applied toward the XXX% threshold test. - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Ready for Review-Please review comments provided XXX and resolve, or provide update - Seller-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX <br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. A XXX wasn't needed since our Final CD is final and balanced with the Final Settlement Statement in file. See attached XXX pass and snippet from our system showing pass on our end. We compared with XXX findings, and it appears that they are not applying the lender credit as our system does to calculate the fee inclusion - Seller-XXX<br> Open-The XXX XXX prohibits fees from exceeding XXX% of the principal balance on a non-purchase money loan. (XXX. XXX) Per Compliance report, XXX fee total is $XXX whereas per final CD it is $XXX. Provide XXX. - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX | Ready for Review-Apply the lender credit of -$XXX towards the Appraisal fee of $XXX and $XXX of the Administration fee. - Seller-XXX<br> Ready for Review-Please review comments provided XXX and resolve, or provide update - Seller-XXX<br> Ready for Review-Document Uploaded. A XXX wasn't needed since our Final CD is final and balanced with the Final Settlement Statement in file. See attached XXX pass and snippet from our system showing pass on our end. We compared with XXX findings, and it appears that they are not applying the lender credit as our system does to calculate the fee inclusion - Seller-XXX | Resolved-resolved via compliance testing - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020290 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Compliance | Fees:Limited | XXX - Maximum Fees Allowed | Resolved-resolved via compliance testing - Due Diligence Vendor-XXX<br> Resolved- - Due Diligence Vendor-XXX <br> Ready for Review-Apply the lender credit of -$XXX towards the Appraisal fee of $XXX and $XXX of the Administration fee. - Seller-XXX<br> Counter-The compliance issue has been further reviewed and the result is a valid fail as the general lender credit cannot be applied toward the XXX% threshold test. - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Ready for Review-Please review comments from XXX and resolve, or provide update - Seller-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. A XXX wasn't needed since our Final CD is final and balanced with the Final Settlement Statement in file. See attached XXX pass and snippet from our system showing pass on our end. We compared with XXX findings, and it appears that they are not applying the lender credit as our system does to calculate the fee inclusion - Seller-XXX<br> Open-The XXX Constitution prohibits fees from exceeding XXX% of the principal balance on a non-purchase money loan. (XXX) Per compliance result, XXX fee total is $XXX whereas per final CD it is $XXX. Provide XXX. - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX | Ready for Review-Apply the lender credit of -$XXX towards the Appraisal fee of $XXX and $XXX of the Administration fee. - Seller-XXX <br> Ready for Review-Please review comments from XXX and resolve, or provide update - Seller-XXX<br> Ready for Review-Document Uploaded. A XXX wasn't needed since our Final CD is final and balanced with the Final Settlement Statement in file. See attached XXX pass and snippet from our system showing pass on our end. We compared with XXX findings, and it appears that they are not applying the lender credit as our system does to calculate the fee inclusion - Seller-XXX | Resolved-resolved via compliance testing - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020290 |  |  | Closed | XXX | XXX | Resolved | 1 - Information A | Credit | Credit | Appraisal deficiency. | Resolved- - Due Diligence Vendor-XXX<br> Rescinded-Resolved. XXX is separate structure. - Due Diligence Vendor-XXX<br> Ready for Review-The patio although not finished in the same standard as the home would not be required to as it is not tied into the roof line. The appraiser did not address that the patio is a safety XXX as it is not it is standing and the roof although not in the same condition we would require for a home is functional. <br> Local code does not require that it adheres to the same requirements when it is not tied into the roofline<br> - Seller-XXX<br> Open-Provide proof covered patio is functional as it appears damaged in photo on page XXX. - Due Diligence Vendor-XXX | Ready for Review-The XXX although not finished in the same standard as the home would not be required to as it is not tied into the roof line. The appraiser did not address that the XXX is a safety XXX as it is not it is standing and the roof although not in the same condition we would require for a home is functional. <br> Local code does not require that it adheres to the same requirements when it is not tied into the roofline<br> - Seller-XXX | Rescinded-Resolved. Patio is separate structure. - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020290 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Updated 1008 with corrected FICO provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Qualifying FICO on the 1008 Page is 'XXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is 'XXX' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. Per XXX page #XXX, when both borrowers are self-employed and jointly own the business, the highest score amongst the borrowers is used as the decision credit score. The high scores for each borrower is XXX and XXX, therefore the higher XXX should be used for qualification but 1008 shows lower score of XXX. Provide a revised 1008.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Updated 1008 with corrected FICO provided. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |

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## Exhibit 99.55

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.55**

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| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020514 |  |  | XXX A C |
| 2026020508 |  |  | XXX D A |
| 2026020495 |  |  | XXX C A |
| 2026020414 |  |  | XXX D A |
| 2026020404 |  |  | XXX C A |
| 2026020259 |  |  | XXX C A B |
| 2026020291 |  |  | XXX D A |
| 2026020290 |  |  | XXX C A |

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## Exhibit 99.56

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.56**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020514 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020508 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 |  |
| 2026020495 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2026020414 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2026020404 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020259 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020291 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2026020290 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |

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## Exhibit 99.57

[AOMT II, LLC ABS-15G](aomt-abs15g_021226.htm)

**Exhibit 99.57**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020514 |  |  | XXX | Housing Debt/Income Ratio | the1008Page | XXX | XXX | XXX% Difference is Acceptable as Per guidelines |
| 2026020514 |  |  | XXX | Loan Amount | notePage | XXX | XXX | As Per Note Document Loan Amount is $XXX |
| 2026020508 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2026020508 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Doctype updated as per loan program and documentation. |
| 2026020495 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date considered per Note document. |
| 2026020495 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | Verified doc type considered per loan program & documentation. |
| 2026020495 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | Tape data excluding HOA Fee in calculation. |
| 2026020414 |  |  | XXX | Property Type | propertyValuationPage | XXX | XXX | True data is correct, property is a XXX per 1008, DOT, appraisal. |
| 2026020414 |  |  | XXX | Note Date | notePage | XXX | XXX | True data is correct, verified from Note doc. |
| 2026020414 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | True data is correct, XXX months bank statements are used for income calculation and hence doc type updated the same. |
| 2026020414 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | True data is correct, tape data shows only P&I amount whereas true data shows PITIA. |
| 2026020414 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit DTI is XXX%. Lender DTI is XXX%. The difference isXXX%, which is within tolerance. The Tape Data of XXX% is from an earlier, incorrect 1008. |
| 2026020404 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Calculated DTI is XXX% (Sub property PITI $XXX + All other Liabilities $XXX = total liabilities $XXX / Income $XXX\*XXX) not matching with 1008 DTI XXX% and 1003 not considered all other liabilities form DTI, Since those are not authorized accounts per XXX and not paying off per CD. |
| 2026020259 |  |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Property type is XXX verified from appraisal pg#XXX and XXX rider is on pg#XXX |
| 2026020259 |  |  | XXX | Note Date | notePage | XXX | XXX | Note date verified from Note document |
| 2026020259 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | File is DSCR not required for Income documents. |
| 2026020259 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | Tape Data not included HOA amount and the subject property is XXX. HOA per Appraisal Report is $XXX. |
| 2026020291 |  |  | XXX | Note Date | notePage | XXX | XXX | True data is correct, verified from Note doc. |
| 2026020291 |  |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | XXX month bank statement considered for Income qualification purpose. |
| 2026020291 |  |  | XXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXX | XXX | True data has captured HOA amount from property appraisal document, However Tape data has not considered HOA amount which resulted in mismatch |
| 2026020290 |  |  | XXX | Qualifying FICO | creditLiabilitiesPage | XXX | XXX | Per XXX page #XXX, when both borrowers are self-employed and jointly own the business, the highest score amongst the borrowers is used as the decision credit score. The high scores for each borrower is XXX and XXX, therefore the higher XXX should be used for qualification but 1008 shows lower score of XXX. however, this FICO difference doesn't make any impact XXX limits. |
| 2026020290 |  |  | XXX | Note Date | notePage | XXX | XXX | True data is correct, verified from Note doc. |
| 2026020290 |  |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audited DTI is XXX and lender DTI is XXX. the difference is XXX which is within the tolerance. |

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